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Urbana
University Foundation
Gifts
in Support of Urbana University Students
Mission Statement
The mission of the Urbana University
Foundation is to provide scholarships, to honor distinguished
individuals, to memorialize loved ones and to express appreciation
to Urbana University.
Gifts to Fund
the Future
Through the years, many individuals
have found planned gifts to be an excellent method of contributing
to the future of Urbana University. In addition to the personal
satisfaction derived from giving, such gifts offer opportunities
to minimize federal and state taxes, increasing the possibilities
for effective distribution of assets. The wide degree of flexibility
permitted in arranging a planned gift, while still obtaining
favorable tax benefits, has contributed significantly to making
charitable gifts an appealing estate-planning tool.
For example, through the mechanism of named endowment funds, one may fulfill
a desire to permanently enhance the University and its programs while recognizing
donors in perpetuity.
History and
Governance
The Urbana University Foundation was
established on October 17, 1997 as a private foundation, with
current operations funded by the Urbana University not-for-profit
corporation. Administered by an appointed board of directors
and staff, the foundation's activities are assisted by the Urbana
University Board of Trustees until the private 501(c)3 organization
can operate independently. All contributions and gifts made to
the Urbana University Foundation are entrusted by, and assets
of the Urbana University Foundation.
Volunteer
Board of Directors
William Denkewalter, Esq.
Houston, Harris, Denkewalter, L.L.C.
Urbana, OH
Dala DeWitt
Senior Director of Nursing Education, Community Hospital School of Nursing
Springfield, OH
Phillip Edwards
Owner, Phillip M. Edwards Financial Planning
Urbana, OH
Brett A. Gilbert
Wagner Maurice Davidson & Gilbert Co. LPA
Urbana, OH
Arthur Harper
Director of Human Resources, Siemens Energy and Automation
Bellefontaine, OH
Michael A. Hassel ’72
Principal, Bellefontaine Middle School
Bellefontaine, OH
Francis E. Hazard, Ph.D.
President Emeritus
Urbana, OH
William Heitman ’70
Vice President, Champaign National Bank
Urbana, OH
Linda Hilliker
Community Leader
Bellefontaine, OH
Honorable John Ross
Municipal Court Judge
Bellefontaine, OH
Nick A. Selvaggio
Champaign County Prosecuting Attorney
Urbana, OH
Foundation
Futures Society
We invite you to include Urbana University
in your financial or estate plans. We encourage you to inform
the foundation directors of your plans and allow us to thank
you through recognition in the Urbana University Foundation Futures
Society.
Gift Planning
Making a charitable contribution is
an art; a creative process that adapts to the changing needs
and wishes of the donor. Planned giving enables you to arrange
charitable contributions to the Urbana University Foundation
in ways that maximize your personal objectives while minimizing
the after-tax costs. Depending on the asset given and the gift
arrangement selected, a donor can generally expect to obtain
some or all of the following benefits:
- fulfill philanthropic goals
- reduce income tax through a deduction
for the gift
- avoid capital gains taxes on gifts
of long-term appreciated property
- retain life income for the donor
and other beneficiaries
- increase spendable income
- eliminate federal estate tax on
property passing to the Urbana University Foundation upon the
donor's death
- reduce costs and time in estate
settlement
How to Make
a Gift to the Urbana University Foundation
There are many way of making gifts
to the Urbana University Foundation, each an expression of the
donor's particular interests and each with distinct tax advantages.
A few of the most commonly used ways are:
- gifts of cash
- gifts of securities and/or real
estate
- bequests and other deferred gifts
- life income arrangements, including
charitable trusts and gift annuities
You may wish to work out a personal
plan for giving, or take advantage of opportunities for named
gifts. Urbana University and the Urbana University foundation
will be happy to assist you in this process.
All Gifts are
Appreciated
Gifts of any amount are highly valued
to the Urbana University Foundation. The Urbana University Foundation
is structured so that your gift, regardless of size or form,
is very important to the future scholarship programs at Urbana
University. The gift you make not only helps a student obtain
an affordable, quality college education, but also helps the
entire university community for many years into the future.
Pledging Your Gift
Please fill out and print a Foundation donation form and return it
to:
Urbana University
Foundation
Office of Alumni and Development
579 College Way
Urbana, OH 43078
or save the completed form electronically and send as an e-mail attachment to alumni@urbana.edu
For more information, please call
the Urbana University Office of Alumni and Development at 937-484-1303.
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