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A
Father's Legacy for His Children
As a father, Bob Gingras (Bowling Green)
is determined to leave behind something
of value for his children, and as a brother,
that same desire extends to Sigma Nu.
A former traveling consultant and current
member of the High Council, Bob has made
it his mission to not only provide for
his family but to do so in a way that
teaches his children about the value of
money and giving back. |
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To hear him talk about the process and motive
behind what he's teaching his two boys, Trevor
(16) and Hunter (9), it's clear that he's committed
to providing lessons that will last a lifetime.
Most importantly he teaches them about "proportionate
living and proportionate giving." He has
explained to his boys that no matter how much
they make, it will never feel like enough. Therefore,
he's taught them the importance of planning for
the future and budgeting for today. He shows them
how he divides every pay check and puts a percentage
in savings, a percentage in retirement, a percentage
towards charitable giving and a percentage towards
everything else. He even explains how much the
family pays in taxes so that they will understand
those implications as well.
The lessons began when each boy was in kindergarten,
Bob says. They do chores at home and earn money
using a formula based on their age. Whatever money
they make, they take 30% off the top, and they
put a percentage in savings, a percentage in their
college fund and give 10% to the church. The message
Bob says he wants them to understand is "no
matter how much or how little you make you still
need to give back a portion of what you earn."
It's an important lesson, Bob says, for the boys
to learn for themselves so they can apply it and
then teach it to their own children.
He doesn't just talk the talk -- Bob walks the
walk. He is a long time donor to the Foundation,
since his senior year in college. Today he supports
Epsilon Chi's scholarship fund that he began with
some of his chapter brothers in the 1980s. He
also contributes to a fund for the Headquarters
Shrine, which was intended to pay off the mortgage
by applying additional payments on the principal.
Since the mortgage was retired in May 2005, contributions
are now applied to the maintenance, upkeep and
renovation of our beautiful and historic Shrine.
Bob says he supports this fund because "the
Headquarters is the core of the Fraternity. It's
a gorgeous place, but it's also what keeps Sigma
Nu going each day. We have to have that strong
central power base." He says it's also one
of those contributions that you can see results
of on a daily basis.
In keeping with what they are teaching their children,
when Bob and his wife Terry were doing their estate
planning they made sure to designate enough for
their children and for their church. Together
they also decided to leave $25,000 in their will
for the Sigma Nu Foundation. Bob says, "I
see it as part of my permanent commitment to Sigma
Nu. Not just a check but a part of our lives."
In addition, as long as he's living, Bob plans
to re-evaluate that amount every 5 years and as
his assets increase his contribution may increase
as well. He explains that this decision is a great
teaching opportunity to further emphasize to their
boys the importance of giving back and doing so
based on what they earn.
"I give back today," says Bob, "because
Sigma Nu has been a lifelong experience for me.
I greatly benefited as an undergraduate and am
still benefiting from my volunteer experience.
I've built relationships with some great men."
He also says he gives back so that other Sigma
Nus can have the same experience he had. "I
want a very good mature fraternity experience
for our children and for other people's children."
He stays involved to help make sure that happens.
Bob is not only passing on to his children an
incredible gift of wisdom in how they view and
handle money, but he's also teaching them the
value and importance of giving back. One can be
certain that with a father who has taken such
care to bestow these lessons on his sons, that
they will grow up and carry with them the same
passion and enthusiasm for the organizations they
love. Sigma Nu is proud to call Bob Gingras "brother".
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