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ASU Foundation

Planned giving

Inventing a bright future at ASU

Roskinds

Friends of ASU, like Herb and Laura Roskind, play an important role in shaping ASU's future.

Since its inception, ASU has been fortunate to receive financial support from its alumni. The university has grown and thrived because of the generosity of those we call friends of ASU—men and women across the country who recognize the impact ASU is having in academics and interdisciplinary research as a "New American University" in the community and around the globe.

Herb and Laura Roskind are two such friends of ASU, having both graduated from other institutions—Herb from Dartmouth and Laura from Connecticut College. Yet, classifying Herb and Laura as friends doesn't fully describe the commitment and investment of time and financial support they have made to so many areas of ASU. The Roskinds are much more than friends of faculty, administrators and students, they are more like family.

"I'm not sure if we embraced ASU or ASU embraced us," Laura shared. Years ago, the Roskinds had a plan for retirement, and this plan incorporated their love of learning. They wanted to retire in a city with a major university in order to take advantage of the educational opportunities a university offers.

The Roskinds first became involved with ASU by participating in the Presidential Engagement Programs (PEP). "We started taking courses in Shakespeare, government, history, and others," Herb said.

This in-depth look at the various disciplines led Herb and Laura to ASU's Institute for Human Origins, where they have served on the board for 10 years. "We've taken courses from Don Johanson [founding director of IHO] and Bill Kimbel [director of IHO]," Herb said.

Johanson has gotten to know the Roskinds well over the last decade. "Besides being refreshingly likeable and generous, Herb and Laura's deep commitment to ASU and the Institute of Human Origins is an outstanding example of how individuals can make meaningful contributions to organizations like ours," Johanson shared. "Their sage advice comes from a lifelong commitment to the importance of education and making our society better informed for making better decisions.

The Roskinds are members of the President's Club, serve on the College of Liberal Arts and Sciences Dean's Council, and Laura was recently named a trustee of ASU, heading the Committee on Faculty Success and Excellence.

Herb and Laura's generosity extends well beyond giving their time, leadership, and expertise. They have financially supported many endeavors at ASU with current and future gifts. One gift that will have a future impact is a charitable gift annuity.

"Our gift annuity was part of an endowment outreach for IHO, commemorating the Institute's 30th anniversary and part of a 20-year strategic plan," Laura said. "We wanted to make a commitment to education and research, and the gift annuity was a great way to do this. The entire board stepped up and made commitments."

"President (Michael) Crow said it best," Herb added. "'We have to invent the future.' Laura and I believe the future is invented by universities like ASU, which is creating an educated, creative population."

With Herb and Laura Roskind a part of the ASU family, the future indeed looks bright.

How Will You Support ASU?
Contact the Office of Estate and Gift Planning at 480-965-5338 or giftplanning@asu.edu to learn more about charitable gift annuities or other ways you can plan a gift to support the future of ASU.

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to ASU a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I, [name], of [city, state, ZIP], give, devise and bequeath to ASU [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to the ASU Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the ASU Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the ASU Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and the ASU Foundation where you agree to make a gift to the ASU Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.