Mike and Donna Wolsted
- Planned Giving
- Mike and Donna Wolsted
Mike and Donna Wolsted can't imagine their lives without music.
They own and manage Encore Productions, a recording company that has had an incredible impact on the Lutheran choral tradition in the Midwest. Their recordings have been distributed internationally.
But the couple knows that even passionate and talented musicians benefit from experiences outside of the discipline.
It's why the couple established scholarships for students who need financial assistance to participate in international music tours at Concordia.
"We want all members of an ensemble to be able to tour" says Mike Wolsted. "We believe international study is a tremendous part of education. We see what is going on in the world and realize how complex and multifaceted the world is."
The couple has ensured these scholarships will continue by naming Concordia as one of the charitable beneficiaries for their IRA. They worked with an attorney to set up a trust and found it to be a simple way to support something that is important to them.
"We feel strongly that if you have a nest egg, do something for your children, but also do something for the greater good," says Donna Wolsted.