College Gift
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Skidmore College - Gift Planning - Life Income - Breaking News Search | Calendar | A-Z Index Thu Sep 22 5:37 PM EDT Skidmore Home | Admissions | Current Students | Faculty & Staff | Parents & Friends | Alumni Wills and Bequests Life Income Gifts More Gift Options Breaking News To Honor Donors Bring Legacy to Life! Scribner House Contact Our Staff Gift Planning Home STANDARD MAIL 815 North Broadway Saratoga Springs, New York, 12866 GIFT PLANNING PHONE 518-580-5655 E-MAIL CONTACT Gift Planning Gift Planning Breaking News DONORS CALL THE SHOTS ON GIFT INVESTMENT Skidmore College is pleased to be one of the country's first charitable organizations to offer the Donor Managed Investment account (DMI), an exciting new charitable giving vehicle. This is an opportunity for donors to leverage their gifts for better return and greater good. The DMI concept enables donors or their financial advisors to manage the investment of their contributions after the gift is made to Skidmore, while receiving the immediate income tax charitable deduction. Unlike a "donor-advised fund," the DMI does not limit investment choices to a relative few alternatives. Rather, the DMI program allows donors to follow their own preferred investment strategies, including equities, fixed income, mutual funds, and possibly alternative investments. In consultation with Skidmore, a donor would gift funds into a DMI account, under the ownership of Skidmore College. A mutually signed program agreement authorizes the donor to direct the investment management of the funds for an agreed-upon period of time. At the conclusion of that period, the proceeds are applied to the use defined by the donor in the agreement. There is no fee associated with a DMI account. Rather, Skidmore pays a licensing and service fee to the DMI administrator, Winklevoss Consultants. Mark J. Rakov, Skidmore Class of 1979, is senior managing director for Winklevoss Consultants and was instrumental in getting the DMI program up and running for the college. To learn more about this and other charitable arrangements available at Skidmore, please call Don Blunk, director of Gift Planning (518) 580-5655, or send an email to giftplanning@skidmore.edu . Simply click on the link from this webpage. Bring Legacy to Life! Philanthropy • Legacy • Security The Office of Gift Planning urges donors to consult their legal and other professional advisors when considering charitable gift giving. Our staff is always pleased to work directly with donors and their advisors during the process. Creative Thought Matters. Skidmore College · 815 North Broadway · Saratoga Springs, NY · 12866 Skidmore College Main Links ©2005 Skidmore College · Contact Information Skidmore Home | Admissions | Current Students | Faculty & Staff | Parents & Friends | Alumni
College Gift to Public
Amherst College News Releases: Amherst College Gift to Public Schools Amherst College Site Map Search Amherst College > News & Events > News Releases > Amherst College Gift to Public Schools Amherst College Donates $70,000 to Local Schools July 18, 2005 Contact: Paul Statt Director of Media Relations 413/542-8417 AMHERST, Mass.—Amherst College has donated $70,000 to the Amherst public schools to support the technology needs of schools in the town of Amherst. American colleges and universities need to recognize the fundamental importance of the secondary schools, says Anthony W. Marx, the president of the college. Education is the best tool we have for making the world a better place, and Amherst College is pleased to support the work of education at its foundations. Barry Del Castilho, the town manager of the town of Amherst, says that the gift is part of an effort to close a $1.7 million budget gap facing the town, schools and libraries for fiscal year 2006. Amherst Superintendent of Schools Jere Hochman requested $171,400 to replace, repair and maintain computer and communications equipment for the elementary schools. The college's gift is made in recognition that the college benefits from good schools in the town, says Peter Shea, the treasurer of Amherst College, and fits with our mission of education. Shea says the college likes to target its gifts to the town that way, realizing that it frees up other money for the town to spend on other priorities. Del Castilho puts it this way: By providing support for this more or less specific, high priority item in the elementary schools' capital request, the college's contribution prevents cuts in town, school and library services. Founded in 1821 for the education of indigent young men of piety and talents, Amherst College is now widely regarded as the premier liberal arts college in the nation, enrolling a diverse group of approximately 1,600 young men and women. Well known for its academic excellence, Amherst is also consistently ranked among the very best schools in the country in terms of accessibility: The college's financial aid packages are consistently the most generous in the U.S., and among its peer universities and colleges Amherst has the greatest economic diversity. Diversity, in its broadest sense, is fundamental to Amherst's mission. The college enrolls students from every state and more than 40 countries, and for the past several years more than 35 percent of Amherst's students have been students of color. Amherst offers the B.A. degree in 33 fields of study. ###
College Gift
Skidmore College - Gift Planning - Life Income - Breaking News Search | Calendar | A-Z Index Thu Sep 22 5:37 PM EDT Skidmore Home | Admissions | Current Students | Faculty & Staff | Parents & Friends | Alumni Wills and Bequests Life Income Gifts More Gift Options Breaking News To Honor Donors Bring Legacy to Life! Scribner House Contact Our Staff Gift Planning Home STANDARD MAIL 815 North Broadway Saratoga Springs, New York, 12866 GIFT PLANNING PHONE 518-580-5655 E-MAIL CONTACT Gift Planning Gift Planning Breaking News DONORS CALL THE SHOTS ON GIFT INVESTMENT Skidmore College is pleased to be one of the country's first charitable organizations to offer the Donor Managed Investment account (DMI), an exciting new charitable giving vehicle. This is an opportunity for donors to leverage their gifts for better return and greater good. The DMI concept enables donors or their financial advisors to manage the investment of their contributions after the gift is made to Skidmore, while receiving the immediate income tax charitable deduction. Unlike a "donor-advised fund," the DMI does not limit investment choices to a relative few alternatives. Rather, the DMI program allows donors to follow their own preferred investment strategies, including equities, fixed income, mutual funds, and possibly alternative investments. In consultation with Skidmore, a donor would gift funds into a DMI account, under the ownership of Skidmore College. A mutually signed program agreement authorizes the donor to direct the investment management of the funds for an agreed-upon period of time. At the conclusion of that period, the proceeds are applied to the use defined by the donor in the agreement. There is no fee associated with a DMI account. Rather, Skidmore pays a licensing and service fee to the DMI administrator, Winklevoss Consultants. Mark J. Rakov, Skidmore Class of 1979, is senior managing director for Winklevoss Consultants and was instrumental in getting the DMI program up and running for the college. To learn more about this and other charitable arrangements available at Skidmore, please call Don Blunk, director of Gift Planning (518) 580-5655, or send an email to giftplanning@skidmore.edu . Simply click on the link from this webpage. Bring Legacy to Life! Philanthropy • Legacy • Security The Office of Gift Planning urges donors to consult their legal and other professional advisors when considering charitable gift giving. Our staff is always pleased to work directly with donors and their advisors during the process. Creative Thought Matters. Skidmore College · 815 North Broadway · Saratoga Springs, NY · 12866 Skidmore College Main Links ©2005 Skidmore College · Contact Information Skidmore Home | Admissions | Current Students | Faculty & Staff | Parents & Friends | Alumni
College Gift to Public
Amherst College News Releases: Amherst College Gift to Public Schools Amherst College Site Map Search Amherst College > News & Events > News Releases > Amherst College Gift to Public Schools Amherst College Donates $70,000 to Local Schools July 18, 2005 Contact: Paul Statt Director of Media Relations 413/542-8417 AMHERST, Mass.—Amherst College has donated $70,000 to the Amherst public schools to support the technology needs of schools in the town of Amherst. American colleges and universities need to recognize the fundamental importance of the secondary schools, says Anthony W. Marx, the president of the college. Education is the best tool we have for making the world a better place, and Amherst College is pleased to support the work of education at its foundations. Barry Del Castilho, the town manager of the town of Amherst, says that the gift is part of an effort to close a $1.7 million budget gap facing the town, schools and libraries for fiscal year 2006. Amherst Superintendent of Schools Jere Hochman requested $171,400 to replace, repair and maintain computer and communications equipment for the elementary schools. The college's gift is made in recognition that the college benefits from good schools in the town, says Peter Shea, the treasurer of Amherst College, and fits with our mission of education. Shea says the college likes to target its gifts to the town that way, realizing that it frees up other money for the town to spend on other priorities. Del Castilho puts it this way: By providing support for this more or less specific, high priority item in the elementary schools' capital request, the college's contribution prevents cuts in town, school and library services. Founded in 1821 for the education of indigent young men of piety and talents, Amherst College is now widely regarded as the premier liberal arts college in the nation, enrolling a diverse group of approximately 1,600 young men and women. Well known for its academic excellence, Amherst is also consistently ranked among the very best schools in the country in terms of accessibility: The college's financial aid packages are consistently the most generous in the U.S., and among its peer universities and colleges Amherst has the greatest economic diversity. Diversity, in its broadest sense, is fundamental to Amherst's mission. The college enrolls students from every state and more than 40 countries, and for the past several years more than 35 percent of Amherst's students have been students of color. Amherst offers the B.A. degree in 33 fields of study. ###
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