Remembering alumni who remembered us
Monday, April 4, 2005
In this issue you will read about a legendary faculty member, a spirited community supporter, and the family of a student who came into his own at SCSU. Crumpton Farrell, Arlene Helgeson, Sean Gonia and Jesse Lhotka remained involved with SCSU, and we feel privileged to have been associated with them throughout their lifetimes. All of them have been taken from us in the past few months, but
There are many ways to support students and programs at SCSU. Each year, our students call alumni to ask for a gift supporting initiatives such as scholarships. There also are options for including the university in your long-term plans. You can make a commitment to a gift now that the university will receive sometime in the future. Even a person with modest means can make a great difference in the quality of our programs by planning ahead.
The most common “planned gifts” are bequests, charitable gift annuities, and charitable remainder trusts. A bequest designates a gift to the SCSU Foundation in your will. A charitable gift annuity allows you to make a gift of $10,000 or more, receive a tax deduction, and receive a guaranteed annual payment each year for the rest of your life. A charitable remainder unitrust is similar to an annuity but usually involves a more substantial sum, and you receive a percentage of the trust’s value, rather than a fixed payment, each year. With both annuities and unitrusts, the SCSU Foundation invests the funds conservatively and then receives the remainder of the invested funds upon the death of the annuitant.
These giving options carry certain tax advantages. Most important, they provide a way for you to leave a legacy at your university. Think about how you would like to help SCSU provide a better education, or make our programs more accessible and affordable to students. That is the first step. Once you know what kind of difference you would like to make, call us. Our staff at the SCSU Foundation can help you determine how to make it happen through a planned gift.
Not everyone will stay involved with SCSU throughout their lifetimes. It can be hard to find time to make college a part of the fabric of our lives long after graduation. Even if it has been many years since you have been involved with SCSU, I encourage you to consider reconnecting. If time simply does not permit day-to-day involvement, please consider one of these options for remembering us in your long-term plans.