Don’t Give Up on Giving Back
DURING THE LAST FEW MONTHS, the national and state economic news has been relentlessly depressing, as one business after another announces layoffs, bankruptcy, or closure. The University of Minnesota and the College of Education and Human Development have not been immune from the downturn. We have been challenged to reduce staff, programs, and expenses. Our students are facing possible tuition increases and rising costs for books and living expenses.
Despite these challenges, the college is uniquely positioned to respond to community needs in stressful times. Our faculty members have expertise in areas such as family economics, counseling, social work, family violence, and childhood resilience. In the next few months we will provide more detailed information about resources that may prove useful to you or others you know.
In the meantime, be assured that your gifts—of whatever size—matter more than ever.
- Your ANNUAL GIFT provides flexible funding to support the college’s highest priorities: student support, critical programs, and outreach.
- BEQUESTS through your estate provide future gifts and do not affect your current assets or income. (See bequest language below.)
- You can have a guaranteed income for life with a CHARITABLE GIFT ANNUITY. In this time of decreased returns on securities investments, you may want to consider whether a gift annuity might benefit you and meet your philanthropic goals. For example, an individual 65 years of age would receive an income for life of 5.3%; a 75-year old would receive a return of 6.3%. You can designate how you want the remainder of the annuity used.
DEVELOPMENT TEAM
Lynn Slifer
Penny Bader
Sara Beyer
Richard Burbach
Noriko Gamblin
David Hoffman
Raleigh Kaminsky
If you would like more information on ways to make a gift, please contact the development office at 612-625-1310 or e-mail Lynn Slifer, director of external relations, at slife001@umn.edu
SAMPLE LANGUAGE FOR WILL BEQUESTS: “I give, devise, and bequeath to the University of Minnesota Foundation, Minneapolis, Minnesota 55455,
[percentage of residue, sum, or description of property], the principal and income of which shall be distributed by the Board of Trustees [to name of program or purpose] in the College of Education and Human Development.”
New gifts and commitments
The McKnight Foundation has provided $450,000 to the Center for Early Education and Development to support capacity building in early childhood education.
The Best Buy Children’s Foundation has made a grant of $169,000 to support the Adventure Learning Fund.
Donna Carnes has made a gift of $35,000 through the Gray Family Fund to support the Boss MN-NY Ambiguous Loss Endowment.
Nancy Lersch has made an estate commitment of $100,000 and established an endowed scholarship fund in teacher education with a gift of $25,000.
Mary McConnon has made a pledge of $25,000 to establish the Henry K. McConnon Fellowship in learning disabilities.
Sidney Page has made a gift of $25,000 to be added to the Sidney and Bernice Page Scholarship Fund.
Jean Hosterman has made a $10,000 bequest commitment to support the Women’s Philanthropic Leadership Circle Fund.
Richard E. Karmuth gave $10,000 to the Rev. Dr. Robert and Pauline Olson-Koenig Scholarship Fund.
A gift of $151,725 was received from the estate of Eva Donelson Wilson; $50,000 is directed to the Department of Family Social Science, and the remainder is to be used at the dean’s discretion.
A gift of $150,000 was received from the estate of Laura G. Gaskins to support the School of Social Work.
A gift of $104,000 was received from the estate of Eleanor V. Thorne to establish the Carlus Selvig Scholarship Fund for teacher education.
A gift of $65,774 was received from the estate of Alpha Marie Gustafson to be added to an endowed scholarship in her name for students studying secondary education.