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Centre College: Gift helps Voltaire scholars polish their understanding of French language, culture Gift helps Voltaire scholars polish their understanding of French language, culture RELEASED: July 28, 2005 DANVILLE, KY—Centre College 2005 graduates Kim Bauser and Patrick Malarky couldn't wait to get back to France after their year abroad in Strasbourg. Thanks to the Voltaire Scholars Travel Fund—the brainchild of Charles Vahlkamp , Hazelrigg professor emeritus of French—their return trips were made a lot easier. "The fund covers travel expenses for a Centre student to return to France. It's a study opportunity that's more intensively language-based than our Strasbourg program," says Vahlkamp, who made a generous contribution to the fund in addition to conceiving it. "Patrick and I both received Voltaire scholarships this past year so that we would be financially able to travel to Strasbourg and work with Dr. [Ken] Keffer [Stodghill Professor of Modern Languages] for a month helping him prepare for his spring semester abroad," says Bauser. "We had originally planned to work as teaching assistants at the linguistic center in Besançon, but when that fell through Dr. Keffer generously offered to let us help him instead. With Dr. Keffer insisting that Patrick and I speak only French for the term, my skill and comfort with the language definitely improved. And, getting to return to a city that I'd already grown to love during my semester abroad my sophomore year reminded me why I had loved it and encouraged me to want to go back—whether for fun or even to work for a year or two. This trip also provided me with time and inspiration as I worked on my French seminar project, a series of short stories (in French of course) about my adventures abroad." Vahlkamp adds, "In recent years, several students who had spent a term in Centre's Strasbourg program were able to return to France for a winter term in Besançon, where we've established a link with a language institute there." The first student who went to Besançon was Whitney Camack. She went on to earn an M.A. in French civilization and literature at the University of Cincinnati, where she is now an adjunct instructor of French. She also teaches at Xavier University. "The impact on our students, observable upon return, has been spectacular," says Vahlkamp about the follow-up trips. "The fact of being on their own and of speaking French almost exclusively allowed for considerable linguistic progress and, more important, a substantial gain in self-confidence." A noted Voltaire scholar, Vahlkamp wrote his dissertation on Voltaire and published scholarly articles in Studies on Voltaire. Vahlkamp notes that Strasbourg has a Voltaire connection as well. The writer and philosopher spent one of his many periods of exile in the Alsace region, where Strasbourg is located. "We're humbled in the French program at Centre to have an emeritus colleague, Charles Vahlkamp, whose enlightenment knows no boundaries of space and time," says Keffer. "Charles is convinced that when our best students become Voltaire Scholars they might one day become scholars of Voltaire!" Richard Trollinger, vice president for college relations, notes that through programs such as the Voltaire Scholars, Centre, where 75 percent of students study abroad, has become a national leader in international study. "What Centre does through its study abroad program to prepare students for life in a global society is truly remarkable," he says. "The Voltaire Scholars Travel Fund has added value to the study abroad program for students majoring in French and who wish to take their study of French language, literature and culture to a new level." Students who would like to take advantage of this opportunity should contact Keffer at 859-238-5233 or keffer@centre.edu . Anyone interested in making a donation to support the Voltaire Scholars should contact Trollinger at 859-238-5209 or trllngr@centre.edu . - end - Founded in 1819, Centre College is ranked among the U.S. News top 50 national liberal arts colleges. Centre alumni, known for their nation-leading loyalty in annual financial support, include two U.S. vice presidents and two Supreme Court justices. For more, visit http://www.centre.edu/web/elevatorspeech/ For news archives go to http://www.centre.edu/web/news/newsarchive.html . Communications Office Centre College 600 W. Walnut Street Danville, KY 40422 Public Information Coordinator: Telephone 859-238-5714 Back to News and Events Home Page

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Giving to Amherst: Charitable Gift Annuities Amherst College Site Map Search Amherst College > Alumni & Parent Programs > Giving PlannedGifts > Charitable Gift Annuities Want to learn more about tax savings and benefits based on your own situation? Without obligation, let GiftCalcs help you do your own calculations. Charitable Gift Annuities Among this nation's oldest and most popular planned gifts, charitable gift annuities offer a wonderful opportunity to provide for a generous future gift to Amherst. In a slowing economy with lowering interest rates, this option may be an excellent way to balance your portfolio. A charitable gift annuity represents a contract between a donor and the College by which the College agrees to pay the donor and/or other named beneficiaries a fixed income each year for the lifetime of those named in the contract (the annuitant ( s )). This payment is secured by the full assets of Amherst College and will not change regardless of fluctuations in the stock market or the economy in general. Minimum Gift Amount Income Based on Age of Annuitant Tax Advantages of Gift Annuities Special Consideration with Gifts of Appreciated Property Minimum Gift Amount The minimum gift to create an Amherst College Gift Annuity is $10,000. Contributions can be in the form of cash, appreciated securities or mutual fund shares, or other property acceptable to the College. All gifts of appreciated property should be held long term by the donor (at least a year and a day). Because each gift annuity is a separate contract, additional annuities must also be for $10,000 or more. Income Based on Age of Annuitant The amount of income Amherst will pay depends on the age of the annuitant at the time the contract is issued. The older the annuitant, the greater the amount of income. A single annuitant, age 65, will receive an annuity rate of 5.7%; an 80-year-old annuitant will receive an 7.6% annuity rate. The highest annuity rate the College offers is 9.5%. Annuities based on two lives (most commonly a husband and wife) are also available, but the rates are generally lower. Any person named as an annuitant must be 60 years of age or older. (Additional information is available on the Amherst College Gift Annuity rate table .) Tax Advantages of Gift Annuities A charitable gift annuity is actually part gift and part purchase of a lifetime annuity contract from the College. The portion that represents a gift to the College is deductible on your federal income tax return if you itemize your deductions. The size of the deduction is determined by the age of the annuitant, the amount of the gift, and a monthly interest rate factor provided by the IRS. (Here are some sample deductions .) Gift annuities also offer the opportunity to receive income on a tax-favored basis. When the annuity is funded with cash, a significant portion of the income is treated as tax-free return of principal over the annuitant's life expectancy. When appreciated securities or other assets are used to fund the annuity, the income will be taxed as tax-free income, capital gain income and ordinary income, once again generally over the life expectancy of the annuitant. Special Consideration with Gifts of Appreciated Property Gift annuities are treated differently from other life income gifts for capital gains tax purposes. At the time the contract is issued, that portion of the capital gain attributable to the annuity is taxable to the donor. If the donor is the income beneficiary of the annuity, the capital gain is spread out over the donor's life expectancy, and taxed at the 15% capital gains tax rate. Updated 9/4/03 If you would like to learn more about planned gifts at Amherst, please contact Timothy A. Neale '70, Director of Planned Gifts, (413) 542-8256, plannedgifts@amherst.edu . Information contained in this Website should not be considered legal, accounting, or other professional advice. Individuals considering a planned gift to Amherst should consult with their financial advisor. << Return to Planned Gifts Homepage

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