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No Strings Attached…“Just because”

Lois Emory Daruszka

Lois Emory Daruszka creates a gift in her estate to help students who are experiencing personal hardships.

When someone shows you kindness, the point is not to pay it back but to pass it on.

More than 50 years after her 1964 graduation, Lois Emory Daruszka's heart still overflows with gratitude for the anonymous individual who helped her reach that important milestone.

Raised in a traditional German family in rural Pennsylvania, education wasn't high on the list for Lois's parents. But it was a huge priority for her.

"Very early, it became my dream to go to college," Lois recalls. She was on her own.

Lois's Evangelical & Reformed Church agreed to sponsor her and provide financial assistance for college. With her sights set on becoming a teacher, Heidelberg, with its church affiliation, became her destination.

"I thought this was the perfect place for me," Lois says.

That feeling remains true today, but it was never easy. After her sophomore year, she changed her major to science, which meant the church-sponsored aid was no longer available. She muddled through, finding ways to fund her education.

Then came her final semester, and the realization that there was no money left. A conversation with Dean of Women Helen Reynolds proved to be the turning point. An anonymous donor stepped forward to pay for Lois's last semester "just because," no strings attached. The only requirement: a personally written thank-you letter.

"And so it happened. I remember how great a feeling that was...just a wonderful thing," says Lois.

When it came time for her 50th class reunion, Lois thought the time was right to pay that kindness forward. She created a specific gift in her estate designated for students like her who have reached the end of their rope and may be experiencing personal hardship.

For Lois, contributing to the "just because" fund gave her great joy.

"I'll always remember that help," Lois says. "I just want to pass on the opportunity for other people, too."

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

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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

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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 potential 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 may qualify for a federal income tax charitable deduction when you itemize. 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 Heidelberg as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. 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 Heidelberg as a lump sum.

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

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