Jesuit High School of Portland

Dick Gedrose Continues Supporting a Jesuit Education

Dick and Gloria Gedrose

Dick and Gloria Gedrose created the Jeff Gedrose '84 Financial Aid Fund to honor the memory of their son.

In memory of Richard "Dick" Gedrose, 1943-2021

Perhaps no name is more synonymous with Jesuit High School than Dick Gedrose. Dick graduated from Jesuit High School in 1961 and attended college at Gonzaga University. After graduating from Gonzaga, Dick's first teaching job was at Brookings Harbor High School, where he taught social studies. After two years in Brookings, he was hired at Regis High School in Stayton, Oregon, where he taught for another two years. Moving back to Portland, Dick spent one year at Jackson High School before finally taking a position at his alma mater. "I was really looking for a school where I could experience community and a sense of belonging, and I found it at Jesuit High School," says Dick.

Dick GedroseFor the next 35 years, Dick served Jesuit in almost every capacity. In addition to teaching history from 1970 to 1974, he was an assistant coach in football and track. From 1975 until 1983, he served as athletic director and vice principal. In the spring of 1983, Dick became principal before moving into the president's job in 1998 until his retirement in 2005.

Over the years Dick taught classes, graded papers, coached athletes, advised students, attended hundreds of athletic events, supervised innumerable students in JUG, proctored the cafeteria, chaired faculty meetings, listened to concerned parents and raised funds for Jesuit High School.

When asked about memories of his time at Jesuit, Dick shared three key events. First, he mentioned his help in writing the Profile of a Jesuit Graduate at Graduation. As the presence of Jesuits declined in the 1980s, Jesuit needed to clarify its goals and objectives as a Catholic, Jesuit high school. Since then, every Jesuit student has studied the Profile and is expected to live up to its expectations.

Second, Dick faced the challenge of keeping the school a "Jesuit" and "Catholic" high school as new employees were lay faculty, not Jesuit priests. Under his direction, Jesuit's Campus Ministry and Christian Service departments became central parts of the school's mission.

Dick GedroseThird, Dick, along with Fr. Bill Hayes, S.J. and others, orchestrated the transition from an all-boys school of 37 years to a co-educational environment in 1993. At the time, the change was fraught with controversy and required patience and commitment. Today, it is hard to imagine Jesuit without young women.

In 2001, Dick's son Jeff, a 1984 graduate of Jesuit High School, died of leukemia. Jeff loved Jesuit and played soccer and ran track. Shortly after, Dick and his wife, Gloria, created the Jeff Gedrose '84 Financial Aid Fund. "Jeff valued his years at Jesuit very much and we wanted to create something in his memory," says Dick. "Our hope was that future students would benefit from the income generated by Jeff's fund." Every year, Jeff's family, friends and Jesuit classmates choose to honor his life by contributing to the fund.

Endowments such as the Jeff Gedrose '84 Financial Aid Fund ensure that Jesuit will continue its mission of forming "women and men for others." For information on how you may contribute to this fund, join the Fr. William Hayes, S.J. Legacy Club and/or create a fund in your own family name, please contact Diane Salzman at 503-291-5497 or development@jesuitportland.org.

A charitable bequest is one or two sentences in your will or living trust that leave to Jesuit High School Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Jesuit High School Foundation, a nonprofit corporation currently located at 9000 SW Beaverton Hillsdale Hwy, Portland, OR 97225, or its successor thereto, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Jesuit or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property, or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Jesuit as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Jesuit as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Jesuit where you agree to make a gift to Jesuit and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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