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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

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