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Women at Iowa State — Finding their voice, vision and values in Campaign Iowa State: With Pride and Purpose
On October 19, Iowa State University publicly launched an $800 million comprehensive fundraisingcampaign to raise private dollars that will address the high-priority opportunities of the entire insti-tution. “This campaign presents one of the most exciting opportunities for growth and distinctionin our institutional history,” ISU President Gregory L. Geoffroy said. “We have strategically craftedour campaign priorities based on realistic ambitions and innovative ideas. A long history of privatephilanthropy has brought us to this moment, but new investments and partnerships must nowbecome the catalyst for a new era.”
As you will note in this newsletter, women are involved and invested as philanthropic leaders andserve as role models in Campaign Iowa State: With Pride and Purpose. Kay Ballard, keynote speakerat the Women & Philanthropy Spring Workshop, articulated the strength of women’s philanthropicleadership in this campaign by emphasizing:
“The Meaningful Gift — the best sort of philanthropic gift is meaningful by virtue of its adherenceto the three V’s — values, vision and voice.
• VALUES — it is important to determine your values and honor those values through financialcontributions.”
• VISION — the future is not something that just happens; the future is something that we havethe power and the responsibility to create.
• VOICE has to do with size — a giftshould be large enough that youare aware you have made it.
We invite you to be inspired to find yourvoice, vision and values through thesestories and ways to make purposefulgifts.
Your Gift Planning Team (l-r) Brian Casey, Director of Development,
Patricia M. Moline, CFRE, CFP,®
Lynda M. Jacobson, Pat Vickerman,Assistant Vice Presidents of Development
Visit us at: [email protected]
515-294-5398 800-621-8515
glad you asked with Pat Moline
Why should I let you know if I include the ISUFoundation in my will?First and foremost, we want to thank you. Also, we wouldlike to know what you want your gift to accomplish. There are so manydifferent programs and initiatives that would benefit from yourgenerosity — you can focus your gift in any way that you like.
How can I add ISU Foundation as a charitable beneficiary if I already have a will?A lot of thought goes into estate planning. Once you have made adecision to include a bequest to ISU Foundation in your existing will,you should contact your attorney to make arrangements. Generallyspeaking, a simple statement to amend a will called a “codicil” is easyto arrange.
Should I make a bequest in a specific dollar amount? Or should I leave a percentage of my available estate?That is a personal choice, and it is a decision that involves somethought about what estate assets you expect to leave. A specificdollar amount might be the right amount needed to meet yourphilanthropic goals. However, leaving a percentage bequest (3%, 5%,10%, etc.) could provide flexibility in your estate planning.
If you have questions for Pat, please feel free to call her at 1-800-621-8515 or e-mail at [email protected].
The information in this publication is not intended as legal advice. For legal advice, please consult an attorney. Figures cited inexamples are based on rates current at the time of printing and are subject to change. References to estate and income tax includefederal taxes only; individual state taxes may further impact results.
I O WA S TAT E U N I V E R S I T Y F O U N D AT I O N
WOMEN & PHILANTHROPY
FALL 2007
Iowa State University Foundation2505 University Boulevard
P.O. Box 2230Ames, IA 50010-2230
IRA Charitable Rollover — A Special Giving OpportunityOver the past year, the ISU Foundation hasreceived over $1.6 million in IRA CharitableRollover Gifts. But the law making it possibleis set to expire on December 31, 2007. Sothere’s still time to take advantage of thisspecial opportunity.
Facts about the IRA Charitable Rollover• Donors must be age 701/2 by 12/31/07. • Donor excludes the IRA Charitable
Rollover amount from federal incometaxes (up to $100,000).
• Donors may satisfy the annual requiredminimum distribution for tax-deferredretirement accounts with the IRACharitable Rollover.
• Easy to implement.
Who benefits?• Donors who do not itemize deductions on
their income tax return.• Donors who begin to lose tax deductions
as their adjusted gross income increases.• Donors who may be taxed on more of
their social security as their incomeincreases.
• Donors who run into deduction limits fortheir charitable contributions.
Contact us to discuss whether the IRACharitable Rollover is right for you.
David Van Wert, Chair, Iowa State University Foundation Board of Directors, congratulates Cara K. Heiden, Past Chair, Iowa State University Foundation Board ofDirectors, on the launch of Campaign Iowa State: With Pride and Purpose.
To learn how you can make a differencein this campaign, visit our Web site
www.withprideandpurpose.org
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Doing More for Iowa State UniversityWe hope you have found useful ideas in thisissue of Women & Philanthropy. To further aidyour planning, send for a complimentary copyof the booklets listed below, with no obligation.Simply fill out this tear-off card, fold and tape iton the open end, and drop it in the mail to us.We’ll pick up the postage.
Please send a complimentary copy of the booklet, Charitable Bequests — How to Get the Most Out of Yours.
Please send a free copy of PersonalFinancial Affairs, a record book to helporganize my financial information.
I’ve already included ISU in my estate plans.
Please sign me up for your complimentary weekly e-newsletter. (Please list preferred e-mail address below.)
I’m interested in receiving a personalized charitable gift annuity illustration showing my potential income and tax benefits. Please contact me
by phoneby e-mail
Send me information about the Women & Philanthropy Workshop on May 13, 2008.
Send me information on making an IRA Rollover gift. (Must be 701/2 years old by 12/31/07 to qualify).
PLEASE PRINT
NAME
ADDRESS
CITY
STATE, ZIP
TELEPHONE
E-MAILWAP1107
Iowa State Alum Takes Advantage of Multiple Gifting Vehicles
In 1948, Doris Adams was fresh out of Iowa State University with a degreein experimental cookery. Today, she’s enjoying retirement after a longcareer in food product research at Procter and Gamble.
“I worked mostly with Duncan Hines products,” said Doris. “It was a goodplace to work.”
Doris started thinking about making a gift to Iowa State, the universitywhere both of her parents were also graduates. With a little research, shelearned the Iowa State University Foundation offers several different giftoptions. She took advantage of the opportunity to create a scholarship inthe College of Human Sciences through a bequest, gift annuity and a pledge.
“In the beginning, I planned on a bequest only, but my broker told me how I could earn income from anannuity with stock that didn’t have a promising future,” explained Doris. “I decided to also add a pledge tothe mix so Iowa State could start awarding the scholarship immediately and I can see my gift in action.”
Doris said the process was easy and she’s happy to help the next generation of Iowa State alums.
“I’m glad this scholarship will help students work less at a part-time job and let them get involved andenjoy all of the experiences of college like I did,” Doris said. “I really had a good time at Iowa State and wasinvolved in many extracurricular activities. It was a big part of college for me and I don’t want to see currentstudents miss out on that.”
Doris Adams
2
Sample CharitableBequest Language
3I O WA S TAT E U N I V E R S I T Y F O U N D AT I O N
Leadership Roles in Philanthropy Come Naturally for Women
Upcoming Event: The next Women & PhilanthropyWorkshop, Giving with Purpose, will be held May 13, 2008.
Visit the Web site for information about upcoming events atwww.withprideandpurpose.org.
Why did you include Iowa State University Foundation in your estate plans?
“The assistance and experiences I had as an undergraduate at Iowa State were veryspecial to me, as are the continuing involvement and leadership roles with the ISUFoundation and ISU Alumni Association. When you find that special niche, you'recompelled to share it with others. Through my estate planning I know I can have asignificant impact on the future of the university and its students.”
— Marla Franklin(’68, B.S. Economics)
“Iowa State has been good to my family. My parents retired from ISU and my brotherand I both graduated from ISU. By choosing to include Iowa State as one of myphilanthropic choices, I have the opportunity to acknowledge ISU's importance in mylife. I will also be able to provide future students with the opportunity of Iowa State'squality education and the entire Iowa State experience.”
— Cathy Sue Nelson(’79, B.A. Journalism & Mass Communication)
Voices of Giving
“As dean of the College of Agriculture and Life Sciences, every day I see the incredibledifference that Iowa State University makes in the lives of students and the people ofIowa. Iowa State is a life changing institution. I included Iowa State University in myestate plan as a way of saying thank you and to help ensure the university’s greatfuture.”
Wendy Wintersteen(’88, Ph.D. Agriculture & Entomology)
I O WA S TAT E U N I V E R S I T Y F O U N D AT I O N
Women Giving to Iowa State University: • Since 2000, the total number of women donors to
ISU has increased by 37%. • Since 2003, the total amount of dollars given to ISU
from women has increased 138%. • Since 2003, women's average gift amount has
increased 93%.
Gifts of $100,000 and Over• Since 2003, we have seen a dramatic increase of
100% in will commitments documented by couples. • Since 2003, pledges made by couples have
increased by 183%.• Since 2003, the number of $100K+ will commitments
documented by women has increased by 50%,while men's increased 42%.
Comments from women who attended the Women & Philanthropyworkshop last May:
“I have a new vision of what it takes for charitable giving.”
“During the past four years of attending this workshop, I have been re-evaluating my giving. Each year, I make baby steps, but I believe thatthis year I will be more focused and will make some major shifts in mygiving. Thanks for the soul searching.”
“I’ve been given information that will help me start the process of givingand passing it along to my daughter too.”
“I’m going to raise my expectations for myself and all women givers.”
To learn more about women’s philanthropy at Iowa State, visitwww.foundation.iastate.edu and click the Women & Philanthropy link on the left.
The following sample bequest pro-vision may be helpful for yourattorney in drafting will provisions.
“I give, devise and bequeath to theIowa State University Foundation,a not-for-profit corporation,existing under the laws of the Stateof Iowa, and located at Ames, Iowa,________ (percent of my estate,dollars, property, securities, etc.) tobe used for _________ (howeveryou wish for your gift to be used)at Iowa State University.”
Please contact ISU Foundation office of gift planning to share your goals and objectives for future gifts:[email protected]
Doing More for Iowa State UniversityWe hope you have found useful ideas in thisissue of Women & Philanthropy. To further aidyour planning, send for a complimentary copyof the booklets listed below, with no obligation.Simply fill out this tear-off card, fold and tape iton the open end, and drop it in the mail to us.We’ll pick up the postage.
Please send a complimentary copy of the booklet, Charitable Bequests — How to Get the Most Out of Yours.
Please send a free copy of PersonalFinancial Affairs, a record book to helporganize my financial information.
I’ve already included ISU in my estate plans.
Please sign me up for your complimentary weekly e-newsletter. (Please list preferred e-mail address below.)
I’m interested in receiving a personalized charitable gift annuity illustration showing my potential income and tax benefits. Please contact me
by phoneby e-mail
Send me information about the Women & Philanthropy Workshop on May 13, 2008.
Send me information on making an IRA Rollover gift. (Must be 701/2 years old by 12/31/07 to qualify).
PLEASE PRINT
NAME
ADDRESS
CITY
STATE, ZIP
TELEPHONE
E-MAILWAP1107
Iowa State Alum Takes Advantage of Multiple Gifting Vehicles
In 1948, Doris Adams was fresh out of Iowa State University with a degreein experimental cookery. Today, she’s enjoying retirement after a longcareer in food product research at Procter and Gamble.
“I worked mostly with Duncan Hines products,” said Doris. “It was a goodplace to work.”
Doris started thinking about making a gift to Iowa State, the universitywhere both of her parents were also graduates. With a little research, shelearned the Iowa State University Foundation offers several different giftoptions. She took advantage of the opportunity to create a scholarship inthe College of Human Sciences through a bequest, gift annuity and a pledge.
“In the beginning, I planned on a bequest only, but my broker told me how I could earn income from anannuity with stock that didn’t have a promising future,” explained Doris. “I decided to also add a pledge tothe mix so Iowa State could start awarding the scholarship immediately and I can see my gift in action.”
Doris said the process was easy and she’s happy to help the next generation of Iowa State alums.
“I’m glad this scholarship will help students work less at a part-time job and let them get involved andenjoy all of the experiences of college like I did,” Doris said. “I really had a good time at Iowa State and wasinvolved in many extracurricular activities. It was a big part of college for me and I don’t want to see currentstudents miss out on that.”
Doris Adams
2
Sample CharitableBequest Language
3I O WA S TAT E U N I V E R S I T Y F O U N D AT I O N
Leadership Roles in Philanthropy Come Naturally for Women
Upcoming Event: The next Women & PhilanthropyWorkshop, Giving with Purpose, will be held May 13, 2008.
Visit the Web site for information about upcoming events atwww.withprideandpurpose.org.
Why did you include Iowa State University Foundation in your estate plans?
“The assistance and experiences I had as an undergraduate at Iowa State were veryspecial to me, as are the continuing involvement and leadership roles with the ISUFoundation and ISU Alumni Association. When you find that special niche, you'recompelled to share it with others. Through my estate planning I know I can have asignificant impact on the future of the university and its students.”
— Marla Franklin(’68, B.S. Economics)
“Iowa State has been good to my family. My parents retired from ISU and my brotherand I both graduated from ISU. By choosing to include Iowa State as one of myphilanthropic choices, I have the opportunity to acknowledge ISU's importance in mylife. I will also be able to provide future students with the opportunity of Iowa State'squality education and the entire Iowa State experience.”
— Cathy Sue Nelson(’79, B.A. Journalism & Mass Communication)
Voices of Giving
“As dean of the College of Agriculture and Life Sciences, every day I see the incredibledifference that Iowa State University makes in the lives of students and the people ofIowa. Iowa State is a life changing institution. I included Iowa State University in myestate plan as a way of saying thank you and to help ensure the university’s greatfuture.”
Wendy Wintersteen(’88, Ph.D. Agriculture & Entomology)
I O WA S TAT E U N I V E R S I T Y F O U N D AT I O N
Women Giving to Iowa State University: • Since 2000, the total number of women donors to
ISU has increased by 37%. • Since 2003, the total amount of dollars given to ISU
from women has increased 138%. • Since 2003, women's average gift amount has
increased 93%.
Gifts of $100,000 and Over• Since 2003, we have seen a dramatic increase of
100% in will commitments documented by couples. • Since 2003, pledges made by couples have
increased by 183%.• Since 2003, the number of $100K+ will commitments
documented by women has increased by 50%,while men's increased 42%.
Comments from women who attended the Women & Philanthropyworkshop last May:
“I have a new vision of what it takes for charitable giving.”
“During the past four years of attending this workshop, I have been re-evaluating my giving. Each year, I make baby steps, but I believe thatthis year I will be more focused and will make some major shifts in mygiving. Thanks for the soul searching.”
“I’ve been given information that will help me start the process of givingand passing it along to my daughter too.”
“I’m going to raise my expectations for myself and all women givers.”
To learn more about women’s philanthropy at Iowa State, visitwww.foundation.iastate.edu and click the Women & Philanthropy link on the left.
The following sample bequest pro-vision may be helpful for yourattorney in drafting will provisions.
“I give, devise and bequeath to theIowa State University Foundation,a not-for-profit corporation,existing under the laws of the Stateof Iowa, and located at Ames, Iowa,________ (percent of my estate,dollars, property, securities, etc.) tobe used for _________ (howeveryou wish for your gift to be used)at Iowa State University.”
Please contact ISU Foundation office of gift planning to share your goals and objectives for future gifts:[email protected]
Women at Iowa State — Finding their voice, vision and values in Campaign Iowa State: With Pride and Purpose
On October 19, Iowa State University publicly launched an $800 million comprehensive fundraisingcampaign to raise private dollars that will address the high-priority opportunities of the entire insti-tution. “This campaign presents one of the most exciting opportunities for growth and distinctionin our institutional history,” ISU President Gregory L. Geoffroy said. “We have strategically craftedour campaign priorities based on realistic ambitions and innovative ideas. A long history of privatephilanthropy has brought us to this moment, but new investments and partnerships must nowbecome the catalyst for a new era.”
As you will note in this newsletter, women are involved and invested as philanthropic leaders andserve as role models in Campaign Iowa State: With Pride and Purpose. Kay Ballard, keynote speakerat the Women & Philanthropy Spring Workshop, articulated the strength of women’s philanthropicleadership in this campaign by emphasizing:
“The Meaningful Gift — the best sort of philanthropic gift is meaningful by virtue of its adherenceto the three V’s — values, vision and voice.
• VALUES — it is important to determine your values and honor those values through financialcontributions.”
• VISION — the future is not something that just happens; the future is something that we havethe power and the responsibility to create.
• VOICE has to do with size — a giftshould be large enough that youare aware you have made it.
We invite you to be inspired to find yourvoice, vision and values through thesestories and ways to make purposefulgifts.
Your Gift Planning Team (l-r) Brian Casey, Director of Development,
Patricia M. Moline, CFRE, CFP,®
Lynda M. Jacobson, Pat Vickerman,Assistant Vice Presidents of Development
Visit us at: [email protected]
515-294-5398 800-621-8515
glad you asked with Pat Moline
Why should I let you know if I include the ISUFoundation in my will?First and foremost, we want to thank you. Also, we wouldlike to know what you want your gift to accomplish. There are so manydifferent programs and initiatives that would benefit from yourgenerosity — you can focus your gift in any way that you like.
How can I add ISU Foundation as a charitable beneficiary if I already have a will?A lot of thought goes into estate planning. Once you have made adecision to include a bequest to ISU Foundation in your existing will,you should contact your attorney to make arrangements. Generallyspeaking, a simple statement to amend a will called a “codicil” is easyto arrange.
Should I make a bequest in a specific dollar amount? Or should I leave a percentage of my available estate?That is a personal choice, and it is a decision that involves somethought about what estate assets you expect to leave. A specificdollar amount might be the right amount needed to meet yourphilanthropic goals. However, leaving a percentage bequest (3%, 5%,10%, etc.) could provide flexibility in your estate planning.
If you have questions for Pat, please feel free to call her at 1-800-621-8515 or e-mail at [email protected].
The information in this publication is not intended as legal advice. For legal advice, please consult an attorney. Figures cited inexamples are based on rates current at the time of printing and are subject to change. References to estate and income tax includefederal taxes only; individual state taxes may further impact results.
I O WA S TAT E U N I V E R S I T Y F O U N D AT I O N
WOMEN & PHILANTHROPY
FALL 2007
Iowa State University Foundation2505 University Boulevard
P.O. Box 2230Ames, IA 50010-2230
IRA Charitable Rollover — A Special Giving OpportunityOver the past year, the ISU Foundation hasreceived over $1.6 million in IRA CharitableRollover Gifts. But the law making it possibleis set to expire on December 31, 2007. Sothere’s still time to take advantage of thisspecial opportunity.
Facts about the IRA Charitable Rollover• Donors must be age 701/2 by 12/31/07. • Donor excludes the IRA Charitable
Rollover amount from federal incometaxes (up to $100,000).
• Donors may satisfy the annual requiredminimum distribution for tax-deferredretirement accounts with the IRACharitable Rollover.
• Easy to implement.
Who benefits?• Donors who do not itemize deductions on
their income tax return.• Donors who begin to lose tax deductions
as their adjusted gross income increases.• Donors who may be taxed on more of
their social security as their incomeincreases.
• Donors who run into deduction limits fortheir charitable contributions.
Contact us to discuss whether the IRACharitable Rollover is right for you.
David Van Wert, Chair, Iowa State University Foundation Board of Directors, congratulates Cara K. Heiden, Past Chair, Iowa State University Foundation Board ofDirectors, on the launch of Campaign Iowa State: With Pride and Purpose.
To learn how you can make a differencein this campaign, visit our Web site
www.withprideandpurpose.org
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