The C a m pa ig n f or H a nov e r Col l e g e
High above our stately river, Far from mart and town, Stands our noble Alma Mater, Looking proudly down. We, her children, sing her praises, Live our loyalty. Hail to thee, our Alma Mater! Hanover, hail to thee.
Excitement and momentum are building at Hanover! Hanover College has a strong, proud tradition of achievement that began almost 184 years ago. As we celebrate our past with admiration, we can look toward the future with hope. Consider this: • First year classes have increased 42 percent in three years. • Retention rates (first-year to second-year enrollment) of 94.7 percent at mid-year, along with our graduation rates, are at an all-time high. • In the last two years, an average of 30 percent of our graduates went on to graduate or professional schools, a rate that is among the highest in the country. • Recruitment for athletics and membership in Greek organizations are on the increase; these are two activities linked to high graduation rates. • The percent of students of color and international students has increased from five to 15 percent of the incoming class. These examples confirm a commitment to our core mission: to provide a premier liberal arts education in a supportive community of scholars and students.
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The College has a clear picture of how to seize this energy by expanding extraordinary opportunities for students.
Hanover College is well positioned to grow in both quality and reputation. Now is our moment. The Board of Trustees has committed to the plan of action defined in this document; a plan that adds value to the Hanover experience by focusing exclusively on student experiences. We will:
We will significantly increase the number of students studying abroad, strengthen the liberal arts through innovative curriculum proposals, expand student social activities, improve the experience for the student-athlete and support talented students with scholarships. To reach these goals we will call on our alumni and friends to reflect on the Hanover experiences that shaped their lives and respond generously to the objectives of the plan. I invite your loyal and enthusiastic giving for the exceptional students of Hanover College. They are our future and they need and deserve our support.
• strengthen key areas of academic distinction • enhance student social experiences • improve outdoor athletic facilities
Sue DeWine, President
• assure that all students who meet our academic standards have the resources to attend the college of their choice, Hanover College. LIVE OUR LOYALTY: The Campaign for Hanover College seeks $34,345,000 in new philanthropic investments over the next three years.
The C a m pa ig n f or H a nov e r Col l e g e
Campaign Purposes The Live Our Loyalty Campaign is a natural progression from a comprehensive, college-wide strategic planning process that established ambitious targets for recruitment and retention for the six-year period that ends in 2015. The College’s plan is to achieve a historic enrollment of 1200 students by 2014 and 1400 students by 2016; an increase of 20 percent over fall 2010. In addition to increasing the size of each entering class, Hanover must also retain a higher percentage of enrolling students and assure their persistence to graduation.
The Live Our Loyalty Campaign will support Hanover College to attain its strategic targets by funding four objectives that will enrich the value of the total student experience:
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• Strengthen academic distinctiveness by enhancing signature educational experiences, particularly in international study, business preparation and environmental science; extending these experiences to additional disciplines through innovative approaches to learning.
• Energize social experiences by improving the campus’ social and co-curricular life; completing the renovation of student dining and student life facilities, to accommodate growth and facilitate social interaction. • Build competitive outdoor athletic facilities to support recruitment of student-athletes and their participation, sustain competitiveness and create another point of pride for students and alumni.
“What we hear is that Hanover is not sitting still, but heading out into the future. There is a new excitement on campus and wonderful opportunities. And it’s not just on the banks of the Ohio, Hanover is reaching out into the world.”
• Recognize quality by providing the scholarship resources necessary to recruit and support outstanding students from varying populations, including legacy, international, economically disadvantaged and high achievers.
Patricia Stockton Hagenah ’66 and Will Hagenah, Campaign Leadership Volunteers
Hanover has momentum. Campus morale is high. The connection of alumni is strong and growing, commensurate with Hanover’s enhanced reputation, visibility and most of all, the value and quality of their Hanover degrees.
Securing financial investments for the compelling objectives of academic enrichment, athletic facilities and social life opportunities is at the heart of the Live Our Loyalty Campaign. These investments, combined with student scholarships, are essential to provide a valuable experience for students and produce alumni prepared to assume leadership roles in society.
The C a m pa ig n f or H a nov e r Col l e g e
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Our Goals Investments sought through the campaign will reinforce four strategic areas identified for immediate attention: • Strengthen academic distinctiveness • Energize social experiences • Build competitive outdoor athletic facilities • Recognize quality students In addition, the campaign includes a cumulative threeyear target for the Hanover Fund, the annual giving program that provides spendable dollars to support crucial college activities each year.
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Goal 1 Strengthen Academic Distinctiveness Total for Goal: $11,750,000 An offer to attend Hanover College is an invitation to live for four years on one of the most beautiful campuses in America. It’s more than that, however. It’s also an invitation to explore the world as an individual member of a community of learners. Exploring the world from Hanover College entails not only a challenging academic program, but also a unique array of educational travel, internship and research opportunities — all with exceptional professors and vibrant fellow students. Most students literally journey beyond the confines of campus and country to pursue their intellectual, artistic and cultural interests.
Donated funds will enhance these critical areas by establishing the following: International Study Abroad Center $3,000,000
“Faculty genuinely want to be here.They make a real investment in us as students and interact with us. There is also a large amount of accountability placed on us. That’s what college is supposed to be and Hanover does that. You see your tuition money at work, coming back to benefit you in programs and opportunities.” Sam Crowe ’12, President of the Student Senate
Hanover students graduate into an increasingly global and highly competitive world; preparing them to thrive and succeed in this kind of community is paramount. Presently, Hanover’s unique spring term provides many students a meaningful four-week international educational or service experience. The College maintains a robust array of semester-abroad programs, some in partnership with leading overseas institutions. Hanover recognizes the value of every student having the chance to study internationally. Currently, more than 60 percent of Hanover students avail themselves of these opportunities, which could grow to 75 percent with the new Global Scholars Program. An endowed International Study Abroad Center will make that opportunity attainable for all our students, guide them to existing international study options, build new alliances with overseas institutions and assist faculty in developing new international learning experiences.
Domestic Off-Campus Study Fund $1,000,000 Domestic off-campus study and service programs during the College’s spring term and other times are a dyamic part of Hanover’s curriculum. Often arranged and planned by student initiative, past examples include travel to New Orleans to assist with post-Katrina rebuilding, internships in American art museums, intensive study of geological formations in the Grand Canyon, assistantships in private and academic laboratories and on-site exploration of Native American cultures. These experiences complement classroom learning and frequently motivate students toward pursuing post-graduate study, research or career opportunities.
The C a m pa ig n f or H a nov e r Col l e g e
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Business Scholars Program
Rivers Scholars/ Environmental Studies
$2,250,000 The acclaimed Business Scholars Program provides students with a way to augment the proven value of a liberal arts education — critical thinking, clarity of communication and breadth of knowledge — along with skills needed for business. Exposure to business practices and principles reinforces demanding internships in local and national business settings. These internships supply Business Scholars with hands-on experiences and often lead to post-graduation job offers. The program’s director, a Hanover alumnus, brings lessons learned from an extensive and successful business career, and all Business Scholars professors have similar real-world résumés. Admission is competitive, and the program draws students from nearly every discipline, ranging from art students planning to open galleries to science students with an entrepreneurial dream.
Numerous Hanover alumni serve as mentors, internship hosts and guest instructors. The Business Scholars Program is winning a national reputation as a model strategy for melding the liberal arts and a buiness education. Donated funds will expand this demanding and popular program and make it sustainable through: • A $500,000 endowed Internship Fund that will expand the Business Scholars Program by meeting the cost of required internships for more students. • A $250,000 student-directed Student Investment Fund that will teach finance students to make informed investment decisions that have real-time and real word financial consequences. Fund income realized by the student investment managers will help underwrite the cost of student internships.
$2,000,000 Hanover College encompasses a beautiful and ecologically rich natural setting, a strong history of teaching in the natural sciences and the flourishing Rivers Institute. These assets align directly with increasing interest among students for involvement and careers in resource management, energy efficiency and other environmental fields. Hanover’s new Environmental Studies Program brings these offerings together to meet students’ environmental interests and aspirations. The disciplines and programs involved have always provided numerous student-research opportunities; every year Hanover students are co-authors on papers in professional journals, and the Environmental Studies Program continues and strengthens this practice. These programs, particularly the Rivers Institute, also conduct effective outreach to communities and prospective students beyond the College. Two separate $1,000,000 endowed funds are sought: • The first fund will underwrite the Student Fellowship Program initiated by The Lilly Endowment and managed by the Rivers Institute. This fellowship allows students to conduct research, serve as interns or engage in community education in an environmental field. The program welcomes students from all academic disciplines, and the funded projects are creative, varied and often life changing for participants. • The second endowed fund, Environmental Stewardship, will identify and nurture local and regional environmental studies opportunities for students and advance environmental and sustainability initiatives on campus, including recycling, organic gardening and energy reduction measures already begun by students. A portion of the fund will underwrite a Director of Environmental Stewardship to lead these efforts, resulting in energy savings, economic recycling programs and an outdoor activities program for student recreation, fitness and leisure.
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Faculty Quest Grants for Academic Initiatives $2,000,000 This endowed fund will supply the resources, approximately $100,000 per year, needed by faculty to develop and implement new courses, programs and learning approaches. Four $25,000 annual awards are anticipated from the endowed fund and applications from faculty for funding will be competitive. Quest grants will stimulate innovation in all academic disciplines by supporting new curricular design and the adoption of best-practice learning strategies, along with innovative student experiences throughout Hanover’s academic programs, both in and out of the classroom.
Quest Grants for Instructional Technology $1,000,000 The use of ever-changing technology pervades all areas of scholarship, commerce and life. Consequently, preparing students for graduate school, the professions or a career necessitates providing them with appropriate expertise in managing, analyzing and presenting information electronically. Often used in conjunction with Faculty Quest Grants, this endowed fund will provide monies to purchase, install and maintain classroom technology for advanced teaching and learning methods, and for delivering the training and education that students need to employ technology effectively in their careers.
Jane Goodall
Campus Speakers Program $500,000 Bringing renowned and accomplished men and women to campus to speak — and to spend time informally with students — enriches the campus conversation by introducing diverse points of view that are the essence of a liberal arts education. It also represents a form of public service for the College, allowing it to offer an intellectual, artistic or cultural experience for local community members. Recent speakers have included Bill Nye the Science Guy, famed primatologist Jane Goodall, environmentalist Robert F. Kennedy Jr. and ocean explorer Jean-Michel Cousteau. Their presence sparked vibrant campus conversation and has brought greater prestige and visibility to Hanover. The funding of an endowed Campus Speakers Program will allow the continuation of this notable program after present grant funding expires in 2012.
“The great thing about Hanover is students are allowed to make a footprint for themselves. You can make a difference, start a club, be a leader. And there are opportunities to go far outside the campus and the classroom. It’s such a close-knit place, too. I was in the Business Scholars Program, and the time and the patience with which alumni gave back to Hanover – internships, work experience in industry, talking with students – was humbling.” Chuck Summers ’10 won the John Finley Crowe Citation for Scholarship and General Excellence as the outstanding male senior. He is currently in an intensive one-year M.B.A. program at the University of Louisville and manages three offices for a Hispanic tax-preparation company.
The C a m pa ig n f or H a nov e r Col l e g e
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Goal 2 Energize Social Experiences Total for Goal: $5,000,000 Hanover College understands that quality social experiences outside the classroom are integral to a complete education and an essential advantage of a small college. Skill in conversation, a sense of empathy, the capacity to work with others and to lead effectively — all are uncovered and nurtured in daily social and extra-curricular interactions among a wide variety of student encounters. The campus presents an array of social opportunities and is the hub for student social life. The College encourages a wide range of student organizations — many of which students initiate — and provides spaces on campus where students may gather and interact. The J. Graham Brown Campus Center is the central venue for students to get together, whether for a meal or one of more than 60 student organization meetings. Built in 1967, the Brown Campus Center remains an excellent building but is in need of updating and modernizing to make it more open, attractive, inviting and responsive to students’ needs. The Phase I renovation of the Student Activities Center, located in the former swimming pool area, opened for students in fall 2010. Planned and designed by students and made possible by donors, this extremely successful project and very popular student hangout sets the stage for the muchanticipated Phase II.
Likewise, both the main student dining room and the casual dining area, now called The Underground, will expand to offer dining experiences and dietary options better aligned with today’s generation of health-conscious students. When complete, the Campus Center and the newly enhanced Shoebox will together provide an appealing range of gathering places for the Hanover community, each with a distinctive ambience, good service and an array of dietary choices. As the student body grows and student activities increase, the demand for funding and the need for professional staff support does also. Such advisory support is critical, because student organizations and activities have proven to be ideal settings for students to gain hands-on leadership, organizational skills and management experience. The Shoebox, for instance, is now entirely student-managed, with everything from menus to marketing overseen by students from the Business Scholars Program, and for the first time in its operation makes a profit. The Live Our Loyalty Campaign seeks funding to enhance and energize social and extracurricular life through two key physical plant investments and an endowed fund to invigorate social programming.
Student Activities Center Phase II $2,000,000 Contributions toward the second and final phase will execute a significant renovation of the Campus Center; expanding the opportunities for students to socialize and creating additional dedicated space for student organizations and the Office of Student Life.
“When you give your gift to Hanover, you have the opportunity to see the gift in action and to see the excitement generated by the gift. It’s wonderful seeing people appreciate all the benefits from what we give. You don’t get this everywhere. You really feel like your gift makes a difference.”
John ’64 and Donna Shoemaker, lead donors for the on-campus student pub, The Shoebox. John is a trustee emeritus.
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Renovation of the Dining Room and Student Casual Dining Area $2,000,000 These gifts will expand the casual eating environment and modernize the main student dining area, making both more attractive and congenial places for students to gather for meals and linger over conversation.
Social Life Programming $1,000,000 Donated funds will create an endowment, where the Office of Student Life staff will use the annual income to assist students in developing and managing their student organizations. It will also create student leadership opportunities, offer outdoor recreational and challenge activities, and fund campus-wide social events and concerts — all of which will enliven and energize the campus while raising Hanover’s profile.
The C a m pa ig n f or H a nov e r Col l e g e
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Goal 3
“The time is right to upgrade our outdoor facilities. It’s so competitive to get student athletes today; we need these facilities to hold our own in NCAA Division III programs. Facilities can often make the difference between enrolling a top athlete or not. Come on board for this project and let’s build on the great foundation we already have with the Horner Center!” Coach John R. Collier ’51
Build Competitive Outdoor Athletic Facilities
Outdoor Athletic Center
Total for Goal: $6,000,000
$4,500,000
A remarkable 40 percent of Hanover students participate in intercollegiate athletics every year. There they find an outlet for their competitive instincts, an opportunity to realize, and perhaps exceed, their potential and a means for learning lifetime lessons of discipline and teamwork. Equally important, Hanover athletes experience camaraderie and pride by representing their team and their college well. As evidenced by the successes of fall and winter sports teams in 2010-2011, the quality and performance of Hanover’s student-athletes brings pride to all who love Hanover. The coaching staffs recruit young people who excel on the field and courts, as well as in the classroom. Quantitative successes breed higher aspirations and dreams for greater achievements. They also enhance success in recruiting and retention, which lead to higher graduation rates. It is time for Hanover College to dramatically improve outdoor athletic facilities, at a level that the athletes and coaches deserve, the alumni, parents and boosters expect and prospective and accomplished student-athletes recognize as among the most competitive in the region. The following are priority investments for outdoor athletic facilities:
About 75 percent of all our student athletes, approximately 300 students, compete in outdoor sports. Each outdoor team needs access to locker rooms, training rooms and equipment rooms. To accommodate coaches, officials and fans, plans call for a stadium press box with restrooms, a concession stand, locker rooms for coaches and officials, adequate facilities for visiting teams and a President’s Box. Donated funds will renovate the present stadium and construct and attach an additional building for the new facilities.
“It’s exciting for everyone who cares about Panther athletics to anticipate the new and upgraded facilities for all outdoor sports that will take our programs to a new level.” Lynn Nichols Hall ’82, Director of Athletics
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Soccer, Softball, Tennis and Baseball Facilities $1,500,000 Donated funds will improve dugouts, install scoreboards, construct press boxes and add bleachers to the soccer, softball and baseball fields, and improve the dugouts for the latter two sports. The College will construct a new tennis complex, with eight courts, on the present site.
“I came here as an athlete to play baseball. I have a stepbrother who raved about the campus and academic life. You come out of high school as an athlete, looking to the next level and want to be reassured and rewarded for your hard work. You get here and Hanover’s locker rooms don’t match your expectations. It’s a huge problem in attracting the student-athlete.” Jason Crawford ’11, a Business Scholar who has been offered a job as a district manager with Frito-Lay after serving an internship with the company, arranged by a Hanover alumnus, for two summers.
The C a m pa ig n f or H a nov e r Col l e g e
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Goal 4 Recognize Quality Students Total for Goal: $8,000,000 Hanover College alumni are consistent in saying that the ability to work with people of many cultures, races and nations has been critical in their careers. They report assignments overseas, where they negotiate with global suppliers and customers or as members of diverse teams in management and research.
Given the rapid and continuing growth in global relationships, Hanover understands the importance of preparing students to work effectively and respectfully with people from every nation by developing broad understandings of cultures. These experiences are essential for students’ career growth and to becoming leaders in their communities.
Hanover’s ability to financially support academically prepared and motivated students, in order to fulfill our mission of lifelong inquiry, transformative learning and meaningful service, must be secured and protected. The College will seek and reward students who can bring uncommon life-enriching cultural experiences, diverse perspectives and a desire to share and learn from classmates throughout their four years.
“When I graduated, my liberal arts education was promptly put to work. Hanover not only had prepared me for law school, but also for the three years of active duty in the United States Marine Corps. Later in my career, it provided a background that enabled me to work with clients in Japan, Arabia and around the world. A religion course, which wasn’t my favorite subject at the time, proved to be invaluable years later in helping me understand why some cultures work in a certain manner. I’m grateful for the education I got at Hanover.” Phillip D. Scott ’64, Chairman, Board of Trustees
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Accordingly, the College seeks $8,000,000 in endowment for scholarships for emphasis directed in four distinct areas: • Merit Awards: Funds will recognize and recruit academically gifted students, typically National Merit Scholars, salutatorians, valedictorians and others, who present specific academic distinction. The competition for these high-achieving students is intense because they bring great value by contributing academically and raising the expectations of classmates. • Global Scholars: As described earlier, one of Hanover’s unique aspects is the range and variety of internationalstudy opportunities and the substantial personal and academic gains that students accrue when they participate. Global scholarships are awarded to students of academic merit and include the cost of a spring term international experience.
• Legacy Scholarships: For years, Hanover College has witnessed the special bonds formed when alumni children and grandchildren enroll. The College recognizes and encourages generations of alumni families. Scholarship funds targeted at prospective legacy students will be tangible proof of Hanover’s appreciation and will give the Office of Admission and Financial Assistance a powerful tool to recruit more legacies. • Scholarships for Under-Represented Groups: Hanover has significantly increased the diversity of its students. As an example, students of color and international students have increased from a low of five percent of the student body four years ago to 15 percent in fall 2010. Donated funds will support concerted efforts to improve the geographic and cultural diversity of the student body.
“We have gotten better at identifying the high school student who is going to succeed at Hanover. They bring a strong academic profile, but it’s even more about persistence. Hanover is rigorous academically. Successful Hanover students don’t give up when they face adversity. If we see a student who gets knocked down a couple of times in high school but gets back up and continues to challenge himself or herself, we know they’ll do fine here.” Jon Riester ’98, Dean of Enrollment Management
The C a m pa ig n f or H a nov e r Col l e g e
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Goal 5 Grow the Hanover Fund Total for Goal: $3,600,000
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The Hanover Fund provides critically important resources, expended annually, to augment the College’s operations budget. Yearly gifts received for the Hanover Fund immediately enter the fiscal bloodstream and contribute directly to a balanced budget at year end. It must continue to grow throughout the campaign; accordingly, the total goal of $3,600,000 represents five percent annual growth in the fund during the Live Our Loyalty Campaign.
CAMPAIGN TOTAL: $34,350,000
From the Campaign Chairs From our days as students to our years on the Board of Trustees, Hanover has enriched our lives in countless ways. When we were asked to lead this campaign, we agreed because we care deeply about Hanover and want to ensure that the College continues to flourish for future generations of students. In keeping with that idea, “Live Our Loyalty,” a phrase from Hanover’s “Hail, Alma Mater,” seemed a fitting slogan for the campaign. To live our loyalty is to honor the good memories, ideas and enduring friendships that emerged from our college days. Now is the time for “we, her children,” the Hanover family, to “sing her praises, live our loyalty” by giving generously. The success of this campaign depends on the commitment of trustees, faculty, alumni and friends. We challenge you to rise to new levels of giving and join us in making Hanover your number one philanthropy over the next five years.
Mark ’71 and Marabeth Ice Levett ’71
The C a m pa ig n f or H a nov e r Col l e g e
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ALMA MATER
Words by Mrs. Albert G. Parker, Jr.
High above our stately river, Far from mart and town, Stands our noble Alma Mater, Looking proudly down. We, her children, sing her praises, Live our loyalty. Hail to thee, our Alma Mater! Hanover, hail to thee. Strong, serene in faith and honor, Stands our college here. Off’ring wisdom, truth, and beauty, Year by passing year. We, her children, sing her praises, Live our loyalty. Hail to thee, our Alma Mater! Hanover, hail to thee.
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Ways to Give
Outright Gift
Advantage to Donor
Value to Hanover College
Tax Deductions
Income Payment
Taxation of Income
Quick and easy gift. (May include, securities, personal property and cash)
Receives and utilizes gift immediately
Immediate tax deduction
Not applicable
Not applicable
Tax deduction(s)
May avoid capital gains on appreciated securities Removes property from estate
Bequest
Defer gift until after donor’s lifetime
Receives assets according to terms of donor’s will
Exempt from estate tax
Not applicable
Not applicable
Retirement Plan
Simple process to name Hanover College as beneficiary
Receives assets at donor’s death
No tax paid on what would otherwise be one of the most highly-taxed assets in estate
No effect on retirement plan payments to the donor
Not applicable
Receives cash benefit of policy at death of the donor (or surviving spouse)
May deduct cost of premiums if Hanover College owns policy
Not applicable
Not applicable
Immediate income tax deduction
No payment to donor, but donor retains use of property for life
Not applicable (donor continues to pay property taxes)
Receive fixed payments annually (or more frequently) for lifetime(s)
Income payments are only partially taxed
Variable or fixed payments annually (or more frequently) for lifetime(s)
Income must be reported; some income may be tax-free
No payment to donor
Tax benefits or responsibilities are determined by the structure of the Trust
Avoids estate taxes Life Insurance
Make a substantial gift without a large cash outlay
Donor is responsible for any premiums Retained Life Estate of Real Property
Charitable Gift Annuity
Right to live on and use the property Removes property from estate
Income for life to donor or designee(s)
Receives property at death of life estate holder Donor is responsible for property taxes and maintenance
Receives remainder of assets at donor’s death
Tax deduction(s) Charitable Remainder Trust
Income for life to donor or designee(s)
Reduces or eliminates capital gains tax Avoids estate tax on property Income tax deduction at time of gift Reduce or avoid capital gains tax
Receives remainder of assets at donor’s death
Tax deduction(s)
Income tax deduction at time of gift Avoids capital gains tax Estate tax savings
Charitable Lead Trust
Removes assets from estate and transfers them to beneficiaries at the end of the trust term
Receives income from gift during the term of the trust
Income tax deduction for payments made to charity Reduces taxable estate
*The information in this publication is not intended as legal advice. For legal advice, contact an attorney or professional tax consultant.
Note: Questions and an interest in discussing gift planning can be expressed to Kevin Berry ’90, director of gift planning, by calling (812) 866-6813 or e-mailing berry@hanover.edu *Please see reverse page for Campaign Gift Crediting and Recognition for Planned Gifts.
The C a m pa ig n f or H a nov e r Col l e g e
Campaign Gift Crediting and Donor Recognition for Planned Gifts Commitments of planned gifts (deferred gifts) to LIVE OUR LOYALTY: The Campaign for Hanover College must fairly recognize the generosity of donors, while reflecting and representing the present value of the gift to the College and the featured objectives of the campaign. Planned gifts credited to the campaign objectives will be: - irrevocable - applicable to endowment and program funding and not to initiatives for construction or renovation
To recognize and give credit for irrevocable planned gift commitments, the College will adhere to the following guidelines that are dependent upon the age of the donor: For those individuals who will reach the minimum age of 65 during the gift counting period of the campaign (on or before June 30, 2014), the individual will be recognized by determining the face value of the commitment on the date of the creation of the planned gift. To credit the commitment to the campaign, the net present value (or, depending on the exact type of planned gift, a similar calculation) will be applied to the campaign objectives. For those individuals who will not reach the minimum age of 65 during the gift counting period of the campaign, recognition and credit to the campaign objectives are the same and equal to the net present value.
TYPE OF GIFT VEHICLE
VALUE
CAMPAIGN CREDIT
DONOR RECOGNITION CREDIT
Outright Gift (cash, securities, personal property)
$100,000
$100,000
$100,000
Bequest in Will
$100,000
1. Irrevocable: net present value
Age 65 and older: $100,000
2. Revocable: $0 Charitable Gift Annuity (Contract with Hanover College)
$100,000
Charitable Remainder Trust (irrevocable)
$100,000
Net present value
Age 65 and older: $100,000 Under 65: net present value
Charitable Remainder Interest (net present value)
Age 65 and older: $100,000
Cash surrender value
If the policy is paid in full and Hanover College is the owner and beneficiary –
(requires attorney services) Life Insurance (requires licensed broker)
Under 65: net present value
$100,000 (Death benefit)
Under 65: Charitable Remainder Interest
• Age 65 and older: face value of the policy • Under 65: cash surrender value Real Property (requires professional appraisal)
Determined by professional appraisal
Fair Market Value, as determined by professional appraisal
Fair Market Value, as determined by professional appraisal
The C a m pa ig n f or H a nov e r Col l e g e
SUMMARY OF OBJECTIVES I. Strengthen Academic Distinctiveness
11,750,000
International Study Abroad Center
3,000,000
Off-Campus Study Programs
1,000,000
Business Scholars Program
2,250,000
Rivers Scholars/Environmental Studies
2,000,000
Faculty Quest Grants for Academic Initiatives
2,000,000
Quest Grants for Instructional Technology
1,000,000
Campus Speakers Program
500,000
II. Energize Social Experiences
5,000,000
Student Activities Center
2,000,000
Renovation of the Dining Room
1,000,000
Student Casual Dining Area
1,000,000
Social Life Programming
1,000,000
III. Build Competitive Outdoor Athletic Facilities
6,000,000
Outdoor Athletic Center
4,500,000
Soccer, Softball, Tennis and Baseball Facilities
1,500,000
IV. Recognize Quality Students
8,000,000
Merit Awards
Global Scholars
Legacy Scholarships
Scholarships for Under-Represented Groups
Total of Featured Objectives
$30,750,000
Grow The Hanover Fund
3,600,000
TOTAL for LIVE OUR LOYALTY: The Campaign for Hanover College
$34,350,000
The C a m pa ig n f or H a nov e r Col l e g e
NAMING OPPORTUNITIES
LIVE OUR LOYALTY: The Campaign for Hanover College offers many opportunities for generous donors to direct their gifts in a specific manner that will benefit our students. It also allows them to honor or memorialize themselves, friends and family through an association in perpetuity with a prestigious and historic college. The Live Our Loyalty Campaign has identified two significant and prominent student service facilities to undergo considerable construction and renovation, which are the outdoor athletic facilities in the L.S. Ayres Athletic Complex and the student life facilities in the J. Graham Brown Campus Center. Below is a sampling and guide that offers suggestions for possible options in naming the physical spaces at both locations.
Outdoor Athletic Facilities Outdoor Athletic Center Football Stadium Football Field Press Box President’s Box Training Room Football Locker Room Men’s Locker Room #1 Men’s Locker Room #2 Indoor Golf Practice Area Stadium Tunnel Lobby Football Scoreboard Women’s Locker Room #1 Women’s Locker Room #2 Women’s Coaches Locker Room Visitors’ Locker Room Men’s Coaches Locker Room Coaches’ Meeting Room Officials’ Locker Room Recognition Plaque
J. Graham Brown Campus Center $2,500,000 $1,500,000 $500,000 $250,000 $100,000 $100,000 $100,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $40,000 $40,000 $25,000 $25,000 $25,000 $25,000 $25,000 $10,000
Student Activity Center Main Dining Room Casual Dining Area Lobby Patio Learning Center President’s Dining Room Faculty Dining Room Career Center Student Organization Offices Student Life Offices Committee Dining Room Guest Rooms (6) Office of the Director Conference Room Bistro Area of Main Dining Room
Baseball Field............... $200,000 Press Box...........................$50,000 Dugout (2).......................$40,000 Scoreboard.....................$25,000 Recognition Plaque.......$10,000
Soccer Field.................. $200,000 Press Box...........................$50,000 Scoreboard.....................$25,000 Team Bench (2)...............$10,000 Recognition Plaque.......$10,000
Softball Field..............$200,000 Press Box...........................$50,000 Dugout (2).......................$40,000 Scoreboard.....................$25,000 Recognition Plaque.......$10,000
Tennis Complex........$200,000 Tennis Courts..............(8) $40,000 Recognition Plaque.......$10,000 Bench (2)...........................$5,000
$1,000,000 $250,000 $250,000 $100,000 $100,000 $100,000 $50,000 $50,000 $50,000 $25,000 - $50,000 $25,000 - $50,000 $25,000 $25,000 $25,000 $25,000 $25,000
Outdoor Track............$100,000
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NAMING OPPORTUNITIES Named Endowed Funds Once created and funded by donors, Hanover College invests a named endowment using a policy created by the Board of Trustees and allocates the derived yearly income to the restricted purpose chosen by the donor. A named endowed fund can be created for nearly any expense item and category in the College’s operating budget. Examples include: scholarships, professorial chairs, internships, student research, equipment, campus beautification, library resources, lectureships, visiting artists and technology. The minimum commitment to name and create an endowed fund is $25,000. LIVE OUR LOYALTY: The Campaign for Hanover College presents special opportunities for endowing distinctive programs that will serve generations of faculty and students. Programs and the qualifying naming commitments are: International Study Abroad Center............................. $3,000,000 Off-Campus Study Fund................................................ $1,000,000 Career and Coaching Service Program.................... $1,500,000 Internship Fund.................................................................. $500,000 Student Investment Fund................................................. $250,000 The Rivers Institute Student Fellowship Program in Environmental Studies............................................... $1,000,000 Environmental Stewardship.......................................... $1,000,000 Faculty Quest Grants for Academic Initiatives (4)........ $500,000 Quest Grants for Instructional Technology................. $1,000,000 Campus Speakers Program............................................. $500,000 Social Life Programming............................................... $1,000,000 Scholarships for Merit Awards, Legacy Grants,................ $25,000 The options listed above are the featured endowment objectives in the Live Our Loyalty Campaign. The amounts associated with each objective are the qualifying commitments for naming the complete program. Named endowed funds may be created to support a program and its purposes for a minimum of $25,000. Named Endowed Scholarships LIVE OUR LOYALTY: The Campaign for Hanover College seeks $8,000,000 in new endowed funds for financial assistance to students. Although endowed scholarships can serve students in may ways, emphasis in the campaign is to secure endowed scholarship funds for: • Merit Awards • Legacy Grants
• Global Scholars • Under-Represented Groups
The minimum commitment to name and create a named endowed scholarship is $25,000.
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Gift Recognition At Hanover College, we realize the importance of saying thank you to our donors. To that end, we have established several gift recognition societies. These societies exist to honor alumni and friends who believe in Hanover and who provide key support for our mission of providing students with an environment that fosters lifelong inquiry, transformative learning and meaningful service. The John Finley Crowe Society
The Presidents’ Club
The John Finley Crowe Society celebrates and honors Hanover’s most generous individual and corporate donors. Named for the College’s founder, this society recognizes cumulative lifetime and/or estate giving of $100,000 or more. The levels of membership within The John Finley Crowe Society are:
The Presidents’ Club is a gift recognition society for annual gifts of $1,000* or more. These gifts through The Hanover Fund support immediate needs for scholarships, academic programs, technology updates and other essentials in the College’s operating budget.
Founders:............................. $1,000,000 and up Benefactors:.................... $500,000 to $999,999 Fellows:........................... $250,0000 to $499,999 Ambassadors:................. $100,000 to $249,999
Presidents’ Club gifts given during the college fiscal year of July 1 thru June 30 are recognized annually at the following levels: Principal Members:.......... $25,000 and above Distinguished Members:........ $10,000 – 24,999 Patron Members:........................ $5,000 – 9,999
The 1827 Society The 1827 Society recognizes donors who have put in place a gift that will not fully benefit the College until after the donor’s lifetime. These are commonly referred to as planned gifts and include gift vehicles such as bequests, charitable gift annuities, charitable trusts and life insurance, among others. Frequently, these gifts offer tax benefits that are advantageous to the donor.
Sustaining Members:.................. $2,500 – 4,999 Members:.................................... $1,000 – 2,499 For younger alumni, gifts of $500 will qualify them as G.O.L.D. (Graduates of the Last Decade) members of The Presidents’ Club. * For qualifying members of The Presidents’ Club, matching gifts are included with individual gifts.
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Outdoor Athletic Facilities
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Outdoor Athletic Facilities
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