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Why We Give

Mark L. SmithThe "3 Percent Solution"
Grateful for his Albion education and conscious of the rising costs of a college education, Mark L. Smith '75 proposed the "3 Percent Solution" to support Albion's future. More

Lyn Ward HealyLifelong Learner’s Lesson: Education Is Good! Pass It On.
Nearly half a century after helping establish a scholarship as a student, an Albion alumna has established a new scholarship in honor of her parents. More

Ruthven familyGiving Voice to Albion’s Ongoing Impact
Music helped Beatrice Nesbitt get into Albion College. With the assistance of her two children, she did her part to ensure that the music continues. More

LandrumFar From Home, But Never Far From the Heart
“I like it,” he says of his 10 acres of solitary perfection in Johnson Valley, California, which can be found in the high desert of San Bernardino County, sandwiched between the Victor Valley and Morongo Basin, close to not much and a world away from just about everything. More

LandrumIn Service to Others
FIt was a time of optimism and activism and the belief that to help others was not just something that should be done but something that must be done. And Dr. Roger Landrum, '59, felt that deep within him. More

Keefer"If It's the Right Thing to Do, Just Do It"
For David Keefer, the mantra has often been "If it's the right thing to do, just do it." So it was after he spent two years at Jackson Community College and decided his next adventure should be at Albion College. More

TaberAlumna Creates Scholarship for Women
For Norma Taber '78, there was never any doubt she would give back to Albion College after graduation, the only question was when. It was in 1986—just eight short years after earning her bachelor's degree in mathematics—when Norma established a fund-functioning gift at Albion. More

CorlissGlenn Corliss, '61: Lifelong Learning and the Power of Reflection
"I learned to give by example," says Glenn Corliss, '61 while speaking fondly of his grandmother Ella Sturdevant. He explains that some of the things that are apparent to him now were not at all obvious in June of 1961 when he graduated from Albion College. "Today I place a lot more value on reflection and connections," he says. More

Harold R. GronsethGronseth Scholarship Helps Students Write Their Futures
For more than a quarter-century, he made an impact in elementary classrooms in Traverse City, Michigan's public schools. And with an estate commitment that will increase his generosity to Albion College to more than $1 million, he will ensure a similar difference through scholarships for future Albion students planning careers in communications, professional writing, or economics and management. More

Spencer '62 and Nancy Holmes '62Partners in Public Spirit
Albion College has long been lucky to have alumni couples in its philanthropic corner, and our latest "pair to share" tells the story of Spencer and Nancy Holmes. They recently documented a $1 million estate gift, which will be used to establish an endowed scholarship in their names, the H. Spencer '62 and Nancy D. Holmes '62 Endowed Scholarship, and will support premedical students with financial need. More

Barb and Bill RafaillPropagating a Legacy
The William S. Rafaill and Barbara L. Olson Rafaill Endowed Scholarship will support students studying biology while the William S. Rafaill and Barbara L. Olson Rafaill Endowment for the Biological Sciences will supplement the biology department's capacity to purchase and maintain scientific equipment. More

Dr. Ann Lewicki (right) pictured with friend Elsie Misner, '56A Prescription for Impact
A valued member of the Albion College family and a Distinguished Alumni Award winner for 2006, Ann recently documented her estate commitment, which will establish a new endowment. The Ann M. Lewicki Endowed Professorship will support faculty who are actively engaged in teaching and research in the pre-medical sciences. More

Paul AultmanDream Fulfilled
In 1911, Paul Aultman arrived at Albion College as a scholarship student determined to achieve his goal of becoming a scientist. Now, more than a century later, his legacy continues at Albion through an endowed scholarship fund created in his memory by his wife, Gertrude Aultman Gray. More

Jerry Gervais '52For the Love of the Game
When it comes to Albion, you could say Jerry Gervais wears his heart on his sleeve. Purple and gold abounds at his home in Twin Lakes, including on a new golf cart, emblazoned with the block "A" that he recently purchased for tooling around his neighborhood. More

Rick SimonsonPromises Kept
Rick Simonson was known as a go-getter from his earliest years. Driven by the twin passions of politics and education, he developed a reputation as someone willing to tackle the tough jobs and see them through to ultimate success. Rick passed away in July 2012, but Albion students still benefit from his leadership and his many contributions to the College, including most recently an endowed scholarship fund. More

Carol Price WaltersPassing It On: Carol Price Walters '63 Created a Legacy Encouraging Future Generations to Shine
That her connection with Albion continued throughout her life was due in part to her fast friendship with her college roommate of four years, Tamara Transue Royle '63. The friends stayed in close touch over the years, sharing news in long letters about family and mutual friends and reuniting at Homecoming and other special occasions in their lives. More

John LudingtonLudington Estate Gift to Enhance Library, Career Development
The Office of Institutional Advancement has announced the estate of former Dow Corning executive John Ludington '51 will help underwrite the John S. Ludington Career and Internship Center. The college has entered Phase II of the library campaign, which includes the redesign of Stockwell's lower level and top floors. More

Photo by: D. TRUMPIEGerstacker Grant Builds Momentum for Library Campaign
A $1 million grant from the Rollin M. Gerstacker Foundation of Midland will help ensure that Stockwell Memorial Library remains the intellectual heart of Albion College's campus-but with a new high-tech touch. The foundation's gift anchors a $6.15 million fundraising campaign for this landmark building on the quad. More

Casper "Cap" UldriksDonor Wants to Ensure All Albion Students Finish Their Degree
Most Albion alumni have at least one unforgettable moment from their student days: meeting a spouse or lifelong friend, discovering a true passion, having a once-in-a-lifetime experience. Casper "Cap" Uldriks, '73, looks back on many influential moments spent in class with faculty who challenged him to look differently at the world and to explore some of life's big questions in new ways. More

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to Albion College a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

Bequest Language

"I, [name], of [city, state ZIP], give, devise and bequeath to Albion College of Albion, Michigan, [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Albion College or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Albion College as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Albion College as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Albion College where you agree to make a gift to Albion College and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.