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Why Giving Matters

Rafaella Safarian

Rafaella Safarian

Legacy gift boosts confidence, propels writing pursuits

Confidence, motivation, and the opportunity to study abroad. For Rafaella Safarian, a creative writing student at ASU, the true value of winning a Glendon and Kathryn Swarthout Award extends far beyond prize money.

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Katherine McLin

Katherine McLin

Estate plan helps bring music education into the 21st century

Violinist and professor Katherine McLin is a recent School of Music professorship recipient. Read about her plans for her students.

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Charlie and Lois O'Brien

Charlie and Lois O'Brien

Entomologist couple donates world-class insect collection to ASU

$12M gift from researchers Lois and Charlie O'Brien to transform university's research; couple also endows professorship.

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Leo and Annette Beus

Investing in the bright future of ASU

"Arizona State University is revolutionizing education and changing the demographic economics of Maricopa County, the state of Arizona, the country and the world," said Leo.

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Jeff and Claudia Mallace

A goal to give back

At age 22, Jeff Mallace made a goal to make an impactful gift to ASU. He recently achieved that goal when he and his wife made a gift to provide scholarships.

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Herb and Laura Roskind

Inventing a bright future at ASU

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.

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Carol Commins

Carol Commins

The art of giving

Over the course of her professional career, Cornerstone Society member Carol Commins (M.Ed. '71) has worn two hats: educator and artist. In her estate plans, she has married the two to create a wonderful legacy for future ASU art students and the Arizona art community.

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Tom Pulchinski

Giving with confidence

Confidence. Resourcefulness. Determination. For Tom Pulchinski (B.S.'74), these are qualities he learned from his parents, and they have served him well throughout his career and his life. "If you look at my parents and where they came from, it will tell you a lot about who I am," said Tom. "I owe my accomplishments to the values they instilled in me."

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Linda Vollstedt

Linda Vollstedt

Understanding the power of philanthropy

Though she credits her understanding about the power of philanthropy to recent experience, in reality Linda Vollstedt has been giving for decades. Giving may not have always come in the form of financial support-though it often did. What Linda has given over the years, as a coach, educator, mentor and supporter, has had untold influence on the lives of hundreds of female student athletes at ASU. What she has done for the future will create a legacy for the female student athletes of tomorrow.

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Yvonne and Irwin Sheer

Yvonne and Irwin Sheer

Focus on education

When Yvonne and Irwin Sheer, '81 Ph.D. met with their advisors earlier this year, they were asked if they had any charitable interests they would like to include as part of their estate plans. "ASU was at the top of our list," said Irwin. Added Yvonne, "Irwin's lifelong interest in physics was first developed at ASU. Though he had always excelled in math, his professors and fellow students ignited his passion for the field."

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A charitable bequest is one or two sentences in your will or living trust that leave to the Arizona State University Foundation 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 give to the Arizona State University Foundation, a nonprofit corporation currently located at P.O. Box 2260, Tempe, AZ 85280, or its successor thereto, ______________* [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 ASU 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 potential 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 may qualify for a federal income tax charitable deduction when you itemize. 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 ASU as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. 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 ASU 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 ASU where you agree to make a gift to ASU 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

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eBrochure Request Form

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