Impact NC State today and tomorrow
- Your charitable contribution will influence student success far into the future
- Your charitable gift will equip students and faculty to solve many of the world's most pressing problems
- Your legacy will become part of the NC State philanthropic tradition
Peace of Mind Gift Annuity
In 2008, Wallace and Elizabeth Moore funded two charitable gift annuities with NC State and then chose to fund a third one in 2012. These annuities provided them with fixed payments for life, a charitable tax deduction at the time the annuities were funded, and a permanent NC State legacy.
After sixty-two years of marriage, Wallace predeceased Elizabeth in 2016. Following her husband's death, Elizabeth continued to receive the annuity payments. Upon her death in 2022, the annuities matured and the remainder monies in the annuities funded two endowments at NC State.
The Wallace Moore Jr. Endowment for Forestry Extension in the Department of Forestry and Environmental Resources in the College of Natural Resources promotes the continuation of good forest management in the state of North Carolina. The Wallace Moore Jr. Graduate Fellowship Endowment in Horticulture Science in the College of Agriculture and Life Sciences now helps to attract and retain the best and brightest graduate students.
Wallace, a 1950 NC State graduate, chose to give back to his alma mater in
gratitude for the superior education he received. "I love NC State and I
wanted to help my school financially. I chose the charitable gift annuity
because I wanted to share my wealth and to get a tax deduction," he said
when he and Elizabeth funded the first two annuities.
Born in Southport, North Carolina, Wallace was an avid sportsperson,
hunter, and conservationist. After earning his Bachelor of Science degree
in horticulture, he married Elizabeth and served as a first lieutenant in
the Army Corps of Engineers during the Korean Conflict. Throughout his
life, Wallace applied the lessons he learned from the dedicated NC State
faculty who taught him to his daily life.
"Our professors taught us the value of hard work and the importance of
integrity" he said.
With Elizabeth by his side supporting him, his hard work and leadership ability allowed him to excel as president of two local insurance companies, two automobile dealerships, and an auto parts distributorship. Additionally, his innate knowledge of the land enabled him to recognize an opportunity for the couple to invest in citrus groves in Florida and timberlands in North Carolina, which turned out to be one of their more lucrative investments. Both were honored to be able to share their good fortune with the university and to know that their contributions to NC State will make a meaningful difference in the lives of those who are fortunate enough to call North Carolina home.
