LEGACY ’67 ENDOWED SCHOLARSHIP
Because many of the class of 1967 were blessed with TU educations that were paid for us, our idea is to create two endowed scholarships each year for a deserving future female and male student. Since a $1,000,000 endowed scholarship would provide $25,000 per year for 4 years in perpetuity, our goal is to raise $2,000,000 for a deserving young man and woman for whom a Taylor education would not be possible without the scholarship.
The home of Taylor men’s baseball program, named for long-time head coach Larry Winterholter ’64, has received significant improvements in recent years including new dugouts, infield turf, and field lighting. The current project will provide for a press box and stadium seating. The funding for the press box has been secured and will be constructed before the baseball season begins in early March. The stadium seating portion requires funding of $150,000.
This will provide real-time data, news, and analytics to help business students manage $2.3 million of Taylor’s endowment and prepare for future professional work. The Bloomberg Terminal costs $25,000 per year to utilize, and we are attempting to secure the first three years’ funding.
ATHLETIC WEIGHT ROOM
This project will provide a dedicated strength training area for Taylor athletes and would allow for the space in the existing football field house to be completely renovated, providing a new and expanded football locker room, which will accommodate an increase of up to 30 players to the football roster. This project is estimated to cost $1,100,000.
HISTORIC PRAYER CHAPEL
As students, we prayed in this little chapel. Located in Sickler Hall, it has been a special location, set aside for prayer and reflection for generations. Necessary interior renovations will ensure this sacred space remains a vital part of the campus. Renovations will cost $50,000 and $10,000 has been identified.
PROMOTIONS AND MARKETING
Taylor must expand its visibility and name awareness so that more students are able to receive a Taylor education in the years ahead. This effort will assist Taylor in modestly growing enrollment, which helps increase sustainability and the ability to keep Taylor “Taylor.” The goal for this project is estimated at $1,000,000 Class of 67.
How To Give
- Make it payable to Taylor University.
- Write "Class of 1967 Legacy gift" on the memo line.
- Go to www.taylor.edu/legacy67giving .
- Choose the type of donation you would like to give.
- Continue to follow the on screen instructions.
Other Ways To Give
Making Taylor a beneficiary in your will or trust will not affect cash flow during your lifetime, and it is revocable or changeable depending on end of life health care or other costs.
CHARITABLE GIFT ANNUITY
You can make a gift and receive guaranteed fixed payments for the rest of your life. Payments may be much higher than current returns on low-earning money market funds or CDs.
CHARITABLE REMAINDER TRUST
Make a gift and receive payments that may increase over time, and eliminate capital gains tax.
RETIREMENT PLAN DESIGNATION
Your retirement fund can be taxed up to 80% if passed on to heirs other than a spouse, but it is tax free to Taylor.
Anyone over 70 . who has an IRA has the ability to make a tax-free gift directly to Taylor from those plans for up to $100,000 and satisfy your Required Minimum Distribution.
Giving appreciated stock can help you avoid capital gains taxes while providing you a tax deduction at today’s value. With careful planning, you may also be able to unlock some of the value in your closely held business.
Donate a policy, take a deduction, deduct future premium payments, if any, and make an extraordinary gift. We will be setting up several regional ’67 meetings to introduce this idea.
LIFE INSURANCE DESIGNATION
Just name Taylor as policy beneficiary.
You can give residential, commercial, agricultural, or undeveloped property to Taylor outright or as a way to fund a life income gift.