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April 30, 2010
The OSU Monthly Campaign Update tracks progress toward our $625 million campaign goal, celebrates successes along the way, and, above all, showcases the impact philanthropy makes on OSU students, the state of Oregon, and our world.
Monthly Highlights
Friends and alumni of Oregon State University added another $4.9 million to The Campaign to OSU in April, bringing the total to $574.9 million. Learn more about campaign progress (and get a sneak peek into the exciting month of May with the news about the initiative to build a new home for the College of Business plus the new Provost's Faculty Match Program).
Many generous donors make gifts to benefit students, Oregon, and our world now while also making arrangements in their estate plans that will have an even greater impact in the future. This update features three examples.
Planned Gifts For OREGON
April brought a special announcement about a $1 million commitment to the University Honors College, the largest the college has ever received. This planned gift by an anonymous couple will create endowments in support of its students, faculty, and the dean.
In making their commitment, the donors cited the importance of the University Honors College in keeping Oregon's best students in-state, and even attracting out-of-state students to OSU, some of whom become lifelong Oregon residents.
"We have been impressed with the intellectual acumen of [Honors College] students and believe them to represent those who will contribute to Oregon's successes in the future," the donors said. "We sincerely hope that those who become aware of our intentions and who recognize that estate gifts do not immediately become available will help fill the gap in the meantime."
Please read about two other gifts making an impact:
For STUDENTS: Sally Runes-Hicks Scholarship and Anne Runes-Wilson Scholarship (College of Science)
For THE WORLD: Withycombe Chair in Reproductive Biology (College of Agricultural Sciences)
Gift Planning Q&A
Are there multiple ways to make a planned gift to OSU?
Yes. Planned gifts include bequests, trusts, gift annuities, life estates, and other gift vehicles. Planned gifts can be funded with many different types of assets, including securities, real estate, CDs, and retirement plan assets.
How many individuals are currently in the Benton Hall Society (which recognizes those who have included OSU in their estate plans)?
About 1,000.
Where can I find sample bequest language for including OSU in my estate plan?
Take a look online.
Does the OSU Foundation have experience handling gifts of real estate?
Absolutely! The Foundation has received more than 450 gifts of real estate of all kinds — homes, vacation properties, rentals, commercial property, farms, and timber lands.
Learn more about gift planning at OSU.
