When Doug Brown, '59, MBA '61, joined the Founding Grant Society, he became a part of a welcoming community of alumni and friends who share a love for Stanford. We sat down with him to learn why being a member of the Founding Grant Society is important to him and how this group honors the original mission of Jane and Leland Stanford.
In gratitude for the help Stanford offered when earning his doctorate degree, Vic Althouse, PhD '61, and his wife, Sue, have designed a plan to establish a testamentary charitable remainder unitrust that will take care of their family and take care of Stanford.
Cathleen Caballero, '70, wanted to honor her father, Harold "Cabby" Caballero, '35, and the place where the two saw eye to eye. So she named their alma mater as a beneficiary of her charitable remainder unitrust, which provides income to her now and will support Stanford in the future.
Gale McCreary Wilson-Steele, '74, built homes, a successful company, and a family. Now, she has decided to build a legacy at Stanford with a charitable remainder unitrust. She made her planned gift unrestricted so that the university could use the funds to meet its greatest needs when the trust matures.
Kathy, '63, MA '64, and Tom Macdonald, MA '66, never forgot the generous spirit they found at the Farm. They honored that spirit by establishing two charitable gift annuities—life income gifts that offer guaranteed payments to them and their beneficiaries—and by designating a bequest to Stanford.
After Karen, '63, MA '64, and Bruce McCaul, MS '63, PhD '69, inherited highly appreciated stock, they decided to create charitable remainder unitrusts. Bruce's sister, Margaret McCaul, also gave her shares to Stanford. Together, their gifts established a scholarship and a fellowship, and the McCauls receive payments for life.
The American Taxpayer Relief Act of 2012, enacted by Congress in January 2013, includes important tax advantages for those who make charitable gifts from retirement plans. Remember Stanford spoke with tax and estate planning attorney John Hopkins, '54, JD '57, recently retired from San Jose's Hopkins & Carley, to learn more about how the new Act will affect charitable and planned giving.
Three generations of the Grube and Gifford families have generously supported Stanford with planned gifts, beginning with a bequest and life income gift from grandfather Karl P. Grube, '35, MS '36. Grandson Peter Gifford, '97, MBA '04, plans a bequest, and son and daughter-in-law John, '70, and Ann Grube, '74, have created a charitable remainder trust.
Longtime Stanford volunteers Kathy, '51, and Joe Cusick, '51, GSB Sloan Fellow '73, celebrated their undergraduate reunions by creating two charitable gift annuities. The couple has found a great use for their annuity payments: to support Kathy's hobby, collecting alphabet books.
Harriet Coulson, '48, MA '55, learned from her friend Cort Van Rensselaer, '44, MBA '48, about his Stanford charitable remainder trust. She decided that this type of gift would be an ideal way to take advantage of her home's value as she made the move to a retirement community and to receive income payments for life.
Robert Dinapoli, '55, MD '58, and his wife, Anne, are proud Stanford football fans who plan to make a bequest to Stanford supporting undergraduate scholarships. They updated their will to include this gift in honor of Robert's 55th reunion.
Milton Ritchie, MS '75, is a committed Stanford supporter who led an effort to restore the gravesite of Stanford's first African-American graduate. In 2005, Milt and his wife, Ethel, celebrated their Stanford ties by establishing a charitable gift annuity, which provides them with fixed payments for life.