brookings mcdonnell challenge to help reach · like the brazys, you can establish a charitable gift...

The Robert S. Brookings Partners recognizes individuals who have chosen to support

Washington University through estate gifts, life income plans or other planned gifts.

The generosity of these donors helps ensure

the continued excellence of the university for

generations to come. For information or to notify us of a gift in your will, trust or other planned gift,

please contact the Office of Planned Giving at 800-835-3503 or 314-935-5373.

501McDonnell Challenge to Help Reach

$500 Million for ScholarshipsAn extraordinary commitment of $20 million from Washington University Life Trustee John F. McDonnell provides an opportunity to achieve a total of $500 million for scholarships and fellowships to benefit all undergraduate, graduate and professional students at Washington University. The McDonnell Scholarship Challenge will match all new and increased scholarship gifts that are made by June 30, 2018, the end of the Leading Together campaign.

• All outright gifts received by June 30, 2018,

• Multiyear pledges payable through June 30, 2023. Multiyear pledges will count toward the campaign total.

• Gifts made through family foundations and donor-advised funds,

• Select planned gifts.

Scholarship gifts and commitments qualifying for the McDonnell Scholarship Challenge include:Please Note: Donors may direct their gifts to their school of choice. Matching funds from corporations or other entities will count toward the donor’s contribution. Matching funds from the McDonnell Challenge will support the McDonnell Scholars program in the McDonnell International Scholars Academy.

Which planned gifts will qualify for the challenge?New or increased estate commitments and life income gifts of $100,000 or more from donors age 60 or older that are established by June 30, 2018, will qualify for a fifty cent match for every dollar contributed, including:

• Bequests through wills and trusts• Beneficiary designations on retirement accounts, life insurance

and commercial annuities• Payable on death/transfer on death accounts including bank

and brokerage accounts• Charitable gift annuities

• Charitable remainder trusts

How can my estate commitment or life income gift qualify for the challenge?Your estate or life income gift will qualify if it meets the following criteria:

• The donor is age 60 or older by June 30, 2018• The value of the gift is $100,000 or more

• The gift is designated to scholarship support

My estate gift qualifies for the challenge, but I want to remain anonymous. Why is it important to share the details of my estate gift with the university?We understand and respect donors’ decisions to remain anonymous. If you wish to remain anonymous, the details of your gift will remain confidential and your name will not appear in any university honor rolls or other recognition communications.

Sharing the language from your will or living trust that names the university as a beneficiary will ensure that your future gift is used for the purpose you intend. The Planned Giving staff will assist with appropriate language to include in your will or living trust and supporting documentation that will provide direction on how the gift is to be used. Any information that you share will be held in confidence and is not legally binding on your estate.

If you have designated a gift through your will, living trust or other planned gift, we would like to recognize your gift in the Leading Together campaign and welcome you as a member of the Robert S. Brookings Partners. For information on the McDonnell Scholarship Challenge or to notify the university of a gift in your will or trust, please contact the Office of Planned Giving at 800-835-3503 or 314-935-5373 or email [email protected].

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Drs. Jane and Peter Brazy—Investing in Future Leaders

SUPPORTING SCHOLARSHIPS THROUGH PLANNED GIFTS

SPRING 2017

BROOKINGS PARTNERSS U P P O R T I N G S C H O L A R S H I P S T H R O U G H P L A N N E D G I F T S

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SPRING 2017

Sharing the Gift of Scholarship

As one of 15 women in her medical school class, Jane Brazy, MD ’72, recognized that Washington University was a special place. “Female medical school enrollment nationally in 1968 was less than ten percent,” Jane recalls. “WashU was willing to admit more women. Our class was 15 percent women and very diverse from a racial, socioeconomic and geographic perspective, which was unusual for the times.” Jane and husband, Peter, MD ’72, met at Washington University and eventually married. “We also were one of four marriages in the class,” Jane adds, with a laugh.

After earning their medical degrees, the Brazys remained in St. Louis where Jane completed her residency in pediatrics at St. Louis Children’s Hospital and Peter completed his in internal medicine at Barnes Hospital. Both studied under prominent faculty members whose influence had a significant impact on the couple’s career choices. “Jane and I were drawn to academic medicine because it provided opportunities to teach and practice clinical work,” Peter says. “Neal Bricker, MD, director of the renal division at the time, inspired me to pursue a specialty in nephrology. The opportunity to do an eight-week research rotation with Saulo Klahr, MD, was another important component of my medical school experience,” says Peter. “David Kipnis, MD, was chairman of the Department of Medicine during my residency. He provided guidance on options for continuing my post-graduate research education.” Jane’s mentors included Philip Dodge, MD, co-creator of the Washington University Department of Pediatric Neurology and a major contributor to modern pediatric neurology, and James Keating, MD, director of the pediatric residency program at St. Louis Children’s Hospital.

Jane and Peter completed fellowships in their respective specialties at Duke University School of Medicine, and they subsequently spent 14 years on faculty there. The couple also spent 14 years on faculty at the University of Wisconsin–Madison School of Medicine, where Jane was head of neonatology and Peter was head of nephrology. Both are now professors emeriti at the University of Wisconsin–Madison.

Jane and Peter are grateful for the scholarship support they received and passionate about giving back to provide gifted students the opportunity to experience the unique benefits of a Washington University education.

Their longstanding support includes two charitable gift annuities to fund the Drs. Peter and Jane Brazy Scholarship in the School of Medicine. “Jane and I want to provide an opportunity for talented and gifted students to interact with the exceptional faculty at Washington University School of Medicine,” says Peter. “It is our hope that qualified students will have these types of transformational experiences regardless of financial circumstances.”

Like the Brazys, you can establish a charitable gift annuity that provides payments to you or other beneficiaries, as well as significant tax benefits. To learn more, contact the Office of Planned Giving at (800) 835-3503.

Plan To Support Scholarships

Current GiftsYou may designate your annual gift to support the general scholarship fund (no minimum) or an annual scholarship with a gift of $5,000 or more. A full-tuition endowed scholarship can be established for $1 million, or a gift of $100,000 or more can fund a partial-tuition scholarship.

Planned GiftsPlanned giving provides a number of creative strategies that allow you to support scholarships in ways that may not be possible through current gifts. You can establish an annual or endowed scholarship through your estate plan, a life income plan or another planned gift that provides attractive financial and tax benefits.

Estate GiftsA gift through your will, trust, qualified retirement plan or life insurance is a simple, yet significant way to support scholarships and maintain the flexibility to meet ongoing personal and family needs. Estate gifts enable you to:

• Provide for the needs of family and loved ones

• Retain control of your assets during your lifetime

• Reduce estate taxes on your passing

Life Income PlansCharitable Gift Annuity

• Establish a charitable gift annuity with $5,000 or more in cash or appreciated securities and receive fixed lifetime payments (see current rate chart), a charitable income tax deduction and estate tax benefits

• Reduce capital gain tax when you fund your gift annuity with appreciated securities

• Enjoy partial tax-free payments

Charitable Remainder Unitrust• Fund a charitable remainder unitrust

with $50,000 or more in cash, appreciated securities or real estate and receive lifetime payments, a charitable tax deduction and estate tax benefits

• Washington University will draft and manage the trust and serve as trustee at no cost to you

• Reduce capital gain tax when you fund the unitrust with appreciated assets such as securities or real estate

• Enjoy tax-free principal growth

Gifts of Appreciated Assets and Real EstateOne of the most tax-efficient ways to give is through gifts of appreciated assets (owned for more than one year) such as real estate or publicly traded securities. Benefits of contributing appreciated assets to the university include:

• A charitable income tax deduction based on the current value of the property

• Capital gain tax savings

• An opportunity to use these assets to fund select life income plans

For additional information on these and other planned giving strategies, please contact the Office of Planned Giving at 800-835-3503 or 314-935-5373 or via email at [email protected].

ONE LIFE TWO LIVES

FIXED RATE FIXED RATE

4.4% 3.9%

4.7% 4.2%

5.1% 4.6%

5.8% 5.0%

6.8% 5.7%

7.8% 6.7%

9.0% 8.2%

AGE AGE

60 60 & 60

65 65 & 65

70 70 & 70

75 75 & 75

80 80 & 80

85 85 & 85

90+ 90 & 90

Gift Annuity Sample Payment Rates*

*Rates are subject to change

An Exceptionally Powerful GiftA scholarship gift benefits more than individual students. Every person and community touched by the students' work and service multiplies the impact of your gifts.

Planned giving provides many strategies that may allow you to support students in ways that may not be possible through current gifts. Consider the impact that planned gifts continue to make at Washington University:

The Jackson Johnson Scholarship, established in 1930 through the estate of

Jackson Johnson, has benefited more than 700 medical students, including a Nobel

laureate, Washington University department chairs and faculty, and outstanding

physicians and researchers throughout the world.

Emma R. Showman was a dedicated teacher. The Emma Showman Memorial

Scholarship, established in 2005 through the estate of Winfred Showman, MD ’21,

and Emma R. Showman, honors her memory by providing support for students

majoring in education in the College of Arts & Sciences. To date, 25 Showman

scholars have benefited from this generous bequest.

The Norvell C. Brasch Memorial Scholarship, established in 1974 by Jerome F.

Brasch, BS ’44, MS ’47, and Rosalie Brasch in memory of Mr. Brasch’s brother, is

one of seven founding scholarships in the School of Engineering & Applied Science.

Endowed through the assets of a charitable life income plan, the scholarship will

continue to benefit engineering students for generations to come.

Total assistance awarded to all students*

$221 Million

Undergraduate students receiving scholarships

* Includes undergraduate, graduate and professional students. All figures are current as of FY16.

Average yearly scholarship per undergraduate student

$35,754 I am interested in supporting Washington University in my

will or trust.

I would like a personal illustration of how a charitable gift annuity would benefit me. Use the amount checked below for my illustration:

$5,000 $10,000 $50,000

$100,000 other $ ________________

My gift may be: cash securities ($ )

(cost basis)

My birth date is ______________.

Please include a second individual whose birth date is _________ .

I am interested in making a gift of real estate & receiving lifetime payments.

I have included Washington University in my estate plan.

I wish to join the Robert S. Brookings Partners in recognition of my planned gift for the university.

I am interested in designating Washington University as beneficiary of my IRA, 401K or other qualified retirement plan.

Thank you for supporting Washington University!

Name (Please Print)

Address

City/State/Zip

Daytime Phone Preferred Email

Consult with your legal or tax advisor before making a charitable gift.

Passion. Plan. Impact.

BROOKINGS PARTNERS

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Percentage of financial aid currently provided by endowment*

There are various ways to establish an annual or endowed scholarship through current gifts, planned or deferred gifts, or a combination thereof. All scholarship gifts, regardless of size, may be designated to the school of your choice.

ONE LIFE TWO LIVES

4.4% 3.9%

4.7% 4.2%

5.1% 4.6%

5.8% 5.0%

6.8% 5.7%

7.8% 6.7%

9.0% 8.2%

AGE AGE

60 60 & 60

65 65 & 65

70 70 & 70

75 75 & 75

80 80 & 80

85 85 & 85

90+ 90 & 90

$221 Million

will or trust.

$5,000 $10,000 $50,000

$100,000 other $ ________________

(cost basis)

Name (Please Print)

Address

City/State/Zip

BROOKINGS PARTNERS

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ONE LIFE TWO LIVES

4.4% 3.9%

4.7% 4.2%

5.1% 4.6%

5.8% 5.0%

6.8% 5.7%

7.8% 6.7%

9.0% 8.2%

AGE AGE

60 60 & 60

65 65 & 65

70 70 & 70

75 75 & 75

80 80 & 80

85 85 & 85

90+ 90 & 90

$221 Million

will or trust.

$5,000 $10,000 $50,000

$100,000 other $ ________________

(cost basis)

Name (Please Print)

Address

City/State/Zip

BROOKINGS PARTNERS

page 1 page 3page 2

ONE LIFE TWO LIVES

4.4% 3.9%

4.7% 4.2%

5.1% 4.6%

5.8% 5.0%

6.8% 5.7%

7.8% 6.7%

9.0% 8.2%

AGE AGE

60 60 & 60

65 65 & 65

70 70 & 70

75 75 & 75

80 80 & 80

85 85 & 85

90+ 90 & 90

$221 Million

will or trust.

$5,000 $10,000 $50,000

$100,000 other $ ________________

(cost basis)

Name (Please Print)

Address

City/State/Zip

BROOKINGS PARTNERS

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SPRING 2017

obert S. Brookings Partners recognizes individuals w

ho have chosen to support W

ashington University through estate gifts,

life income plans or other planned gifts.

ersity

e. For inform

ation or to notify us of a gift in your w

ill, trust or other planned gift, please contact the O

ffice of Planned Giving at

3 or 314

Office of Planned GivingWashington University in St. LouisCampus Box 1193One Brookings DriveSt. Louis, MO 63130-4899

Nonprofit Org. U.S. Postage

PAID St. Louis, MO

Permit No. 2501

onnell Challenge to H

elp Reach $500 M

illion for ScholarshipsA

n extraordinary comm

itment of $20 m

illion from W

ashington University Life Trustee John F.

onnell provides an opportunity to achieve a total of $500 million for scholarships and fellow

ships to benefit all undergraduate, graduate and professional students at W

ashington University. T

cDonnell Scholarship C

hallenge will m

atch all new and increased scholarship gifts that are m

ade by June 30, 2018, the end of the

Leadin

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paign.

ll outright gifts received by June 30, 2018,

ultiyear pledges payable through June 30, 2023. M

ultiyear pledges will

count toward the cam

paign total.

ifts made through fam

ily foundations and donor-advised funds,

Scholarship gifts and com

ents qualifying for the M

cDonnell Scholarship

Challenge include:

Please Note: D

onors may direct their gifts to their school of choice. M

atching funds from corporations or

other entities will count tow

ard the donor’s contribution. Matching funds from

the McD

onnell Challenge w

ill support the M

cDonnell Scholars program

in the McD

onnell International Scholars Academy.

Which planned gifts w

ill qualify for the challenge?N

ew or increased estate com

ents and life income gifts of $100,000

or more from

donors age 60 or older that are established by June 30, 2018, w

ill qualify for a fifty cent match for every dollar contributed, including:

equests through wills and trusts

eneficiary designations on retirem

ent accounts, life insurance and com

mercial annuities

• Payable on death/transfer on death accounts including bank and brokerage accounts

haritable gift annuities

haritable remainder trusts

can my estate com

ent or life income gift

qualify for the challenge?Your estate or life incom

e gift will qualify if it m

eets the following criteria:

• The donor is age 60 or older by June 30, 2018

• The value of the gift is $100,000 or m

My estate gift qualifies for the challenge, but I w

ant to remain

anonymous. W

hy is it important to share the details of m

y estate gift w

ith the university?W

e understand and respect donors’ decisions to remain anonym

ous. If you wish to rem

ain anonym

ous, the details of your gift will rem

ain confidential and your name w

ill not appear in any university honor rolls or other recognition com

munications.

Sharing the language from your w

ill or living trust that names the university as a beneficiary

will ensure that your future gift is used for the purpose you intend. T

he Planned Giving staff

will assist w

ith appropriate language to include in your will or living trust and supporting

documentation that w

ill provide direction on how the gift is to be used. A

ny information that

you share will be held in confidence and is not legally binding on your estate.

If you have designated a gift through your will, living trust or other planned gift, w

e would like

to recognize your gift in the L

er cam

paign and welcom

e you as a mem

ber of the R

obert S. Brookings Partners. For information on the M

cDonnell Scholarship C

hallenge or to notify the university of a gift in your w

ill or trust, please contact the Office of Planned G

iving at 800

-835-3503

or 314-935

-5373 or em

ail plannedgiving@w

ustl.edu.

SPRING 2017BROOKINGS PARTNERS

What’s inside:Sharing the Gift of Scholarship

Dedicated supporters of the School of Medicine, Jane Brazy, MD ’72 and Peter Brazy, MD ’72 are passionate about giving back to provide gifted

students the opportunity to experience the unique benefits of a Washington University education. See page 1.

(800) 835-3503 | (314) 935-5373 [email protected]

An Exceptionally Powerful Gift

Scholarship gifts benefit more than individual students. Every person and community touched by students’ work and service multiplies the impact of your gifts. Planned giving provides creative strategies that can significantly increase that impact. See pages 2 and 3.

McDonnell Challenge to Help Reach

$500 Million for Scholarship

Washington University Life Trustee John F. McDonnell has established a generous challenge that provides an opportunity to achieve a total of $500 million for scholarships and fellowships. The McDonnell Scholarship Challenge will match all new and increased scholarship gifts, including select planned gifts, which are made by June 30, 2018. See page 6.

Drs. Jane and Peter Brazy—

Investing in Future Leaders

OLARSH

IPS TH

SPRING

By June 30, 2018$500 Million

brookings mcdonnell challenge to help reach · like the brazys, you can establish a charitable gift...

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