The Brug and Howie Jung Education Endowment

“When we think of Cardinal Gibbons, we see how it helps young men and women who have been formed in their faith to go out and be responsible citizens,” says Howie Jung. “They now have the tools to go out and make a difference in their lives and the lives of others.”

Howie and Brug Jung know a lot about having the right tools and making a difference in the lives of others. For years, they owned and operated two Ace Hardware stores in Raleigh. Their community involvement included attending and volunteering with their parish church, St. Raphael the Archangel, and Board service – Brug at Cardinal Gibbons and Howie at WakeMed Foundation. After selling their businesses, the Jungs began to consider their values and the legacy they wanted to leave to their community. Through Brug’s experience with Cardinal Gibbons, they knew they wanted to do something for the school and the students, especially those students with financial need. Confident in the values of the school, they recently established the Brug and Howie Jung Education Endowment Fund to provide tuition assistance to students at Cardinal Gibbons.

Howie and Brug partnered with The Foundation of the Diocese of Raleigh for assistance with their financial planning and giving. They had heard about planned giving but assumed that it was only for the ultra-wealthy and that it would be very expensive and difficult to do. However, according to Howie, “The Foundation is there to help you find that direction and give you the options that are available. After that it’s easy. They have the documents there for you to fill out and sign.”

Brug added, “The people at The Foundation never were surprised at any of our questions! They came at it full of confidence, and that made us more confident in what we were doing.”

The Jungs were able to work with the Foundation to create their endowment with resources from an IRA while also planning for a future gift that costs them nothing today.

For Brug, the process of working with The Foundation and Cardinal Gibbons to create a new student scholarship was “a wonderful opportunity to be able to articulate what you want to do with the product of your life.”

The Brug and Howie Jung Education Endowment is one of 18 endowed funds held by The Foundation on behalf of Cardinal Gibbons High School. To learn more about how you can leave your legacy, please visit cghsnc.org/endowments or FoundationDOR.org.

-Alicia Hastings, The Foundation

-Anna Hosea, co-author

Marie Strickler Barney ‘44

Jeffrey Castleberry ‘17

Michael Hutzler ‘75

Veronica Weiland ‘83

Mark Williams ‘93

Alice Ruth Wilson ‘51