The University of Houston Magazine

Become a Part of a Legacy

The 1927 Society Honors Those Who Support UH’s Mission with Planned Gifts

By Kelli Gifford

For more than three decades, professor Joel W. Sailors bestowed his knowledge and love of economics on University of Houston students. And by the time he retired in 1987, teaching at UH was more than just a job to him.

The 1927 Society“The department has been my family,” Sailors said. Because of this, he felt compelled to support the department in numerous ways, including establishing an endowment and a charitable remainder trust. His trust qualified him for membership in The 1927 Society. Both gifts will help UH continue the traditions that unite the campus.

The 1927 Society was created to celebrate alumni and friends of the University of Houston who show their commitment to UH through a planned or deferred gift. Their generosity demonstrates an investment in the future of UH, and the other UH System universities, and their missions.

And once donors know they want to name UH as a beneficiary of their estate, staff at UH lead them in the right direction.

“Planned giving is an integral and important component of our drive to attain Tier One national recognition,” said Khator. “It’s a measure of the faith and trust placed on us by a donor — it’s an investment in the future of the University of Houston.”

Lena and Marc Malacoff, who have been generous supporters of UH throughout the years, recently completed their estate plans and joined The 1927 Society. They designated the university as a recipient of a percentage of their estate, which will go toward the endowed scholarship they created in 2006.

“It’s a good feeling to know that when we both pass, we’re leaving a little bit of a legacy behind to keep our mission of supporting students,” he said. “We get a lot of happiness from making contributions. We view it as an opportunity to do a good deed.”

Members of The 1927 Society play a critical role in ensuring the UH System institutions will remain vital educational assets by providing generous resources on which to draw in the future. Donors qualify for membership by notifying any UH System university that it is part of their estate plan in one or more of the following ways: naming it as a beneficiary of a will, living trust, insurance policy, retirement plan, charitable gift annuity or a charitable remainder trust; or donating real estate or personal property to benefit the university.

So far, current expectancies from the 330 members of The 1927 Society have totaled more than $30 million, and Khator hopes to see membership in the society double in the coming years.

To join these amazing donors and become a distinguished member of The 1927 Society, contact the Office of Planned Giving at 713-743-8680 or Visit for more information.

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