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Charles E. Wallace
Charles E. Wallace, class of 1956, Phi Kappa Epsilon brother, successful businessman, thinker and philosopher, has been described by more than one classmate as "brilliant". He was always grateful to GMI for a superb education. More on Charles E. Wallace >>.
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Bequest To Support Endowed Scholarship
Ralph '59 and Sharon Hillquist both had long and interesting careers at the GM Proving Ground in Milford, Michigan. Ralph recently passed away, but Sharon continues to live in the scenic northern Michigan area of Beulah and is active in the community. More on Bequest To Support Endowed Scholarship >>.
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Grateful Alumnus Funds an Annuity
There are many words to describe alumnus Morrie Dadd '50. Some are: father, husband, patriot, navigator-bombardier with 55 missions in Korea and a Distinguished Flying Cross, poet, engineer, manager, hunter and fisherman. Morrie is also a grateful alumnus of GMI, now Kettering University, and attributes much of his success in life to the co-op education he acquired at GMI. He co-oped and worked fulltime for General Motors Diesel Equipment Division in Grand Rapids initially. He then moved to the company now known as SPX, as Product Engineer, then in Engineering and Sales, General Manager over 3 plants, and retired as Manager of Marketing and Product Development. More on Grateful Alumnus Funds an Annuity >>.
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What a Way to Move into the New Decade!
When Earl and Lanice Riopelle of Fort Worth, Texas, wrote their will some years ago, they described a vision of post-baccalaureate courses to better prepare engineers for seeking corporate management roles. A $1.2 million estate gift from the Riopelles to Kettering University will do just that. More on What a Way to Move into the New Decade! >>.
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Easy IRA Gift
Barbara retired after forty years as a teacher. She had volunteered for many years with Kettering University. More on Easy IRA Gift >>.
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Creative Alum Enjoys Giving
Edwin H. "Ted" Goodridge, Jr. '51 started at GMI in 1947. A member of Phi Kappa Alpha and a Robot, he was also on the staff of the Technician. It had occurred to him somewhere along the way that GMI lacked a mascot such as other colleges had. More on Creative Alum Enjoys Giving >>.
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Sale and Unitrust
Gene and Carol White purchased stock in a small medical service company several years ago. The company has done well. A larger company is now discussing the possibility of buying the smaller company. Gene and Carol are looking for a way to save taxes. More on Sale and Unitrust >>.
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The Retirement Unitrust
Mary Friendly grew up on a farm. When her parents passed away, she inherited the farm. When Mary was growing up, the farm was out in the country. The city now has grown until the farm is now within the city limits. Several developers would like to build homes on the farmland. More on The Retirement Unitrust >>.
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Generous IRA Gift
Jerry is a fireman who volunteers for a number of charities in his community. Recently, Kettering University shared an opportunity to join in a new program with a positive impact. Jerry was excited to help, but a lead gift of $10,000 was needed to start the program. More on Generous IRA Gift >>.
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Property Turns Into Income
Miranda Jackson lived in the family home where she and her husband had raised their three children. After her husband passed away, Miranda found it increasingly difficult to care for her property. More on Property Turns Into Income >>.
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Flexible Deferred Gift Annuity
Lewis is a 54-year-old executive at a large healthcare company. He purchased company stock during years when the stock price was low, and now the stock has grown substantially to $118,000. More on Flexible Deferred Gift Annuity >>.
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Part Gift and Part Sale
Sue and Jim Wilson bought their first home many years ago. As they were landscaping in the yard, painting and fixing up that home, Jim was impressed with the home improvement store. More on Part Gift and Part Sale >>.
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Current Gifts
As is the case with many families, there are times each year when Jim and Sharon focus their attention on gift giving. For years, they have created a gift list that includes family members, friends and loved ones. More on Current Gifts >>.
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A Bequest to Further Good Work
Nancy and David Atkins were dedicated volunteers. Over the years, they had seen many individuals impacted by the good work of our organization. They wanted to create a legacy to provide future support to continue our mission. More on A Bequest to Further Good Work >>.
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Deferred Gift Annuity
Several years ago Larry and Allison invested $30,000 in what they believed to be an attractive stock. It turned out to be a very wise decision, because the value of the stock increased to $100,000 a few years later. More on Deferred Gift Annuity >>.
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Major IRA Gift
Warner G. "Buck" Martin '55 attributes his success in life in large part to the great co-op education from GMI, now Kettering University. He met his wife Shirley in the 8th grade and they married during his sophomore year at GMI. More on Major IRA Gift >>.
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Gift Annuity for Real Estate
Jonathan purchased a home many years ago for $80,000. The home has appreciated substantially over the years and is now worth $420,000. Jonathan's wife of 45 years recently passed away. More on Gift Annuity for Real Estate >>.
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A Bequest to Save Taxes
Thomas Merrick was a widower who had a great love for our organization. As an individual who had directly benefited from our work, Thomas wanted to thank us with a gift from his estate. More on A Bequest to Save Taxes >>.
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Bequests for Scholarships
Joe and Anna have been faithful supporters of Kettering University over the years. They have visited the campus many times and have fond memories of those visits. Both of them strongly believe that it is important to support and encourage young people. More on Bequests for Scholarships >>.
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An Enduring Legacy: The Stephen Ward Moore '69 Endowed Scholarship
According to Bonnie J. Moore, her husband Stephen Ward Moore '69, an engineer and well respected leader, believed in treating all people well and helping them reach their true potential. This was true both in the context of his most recent position as COO with Cascade Die Casting Group in the Grand Rapids, Michigan area, and also in personal relationships. When Stephen passed away as a result of a tragic motorcycle accident in June of 2006, Bonnie decided to honor him by creating an endowed scholarship at Kettering University, formerly GMI. More on An Enduring Legacy: The Stephen Ward Moore '69 Endowed Scholarship >>.
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Tax-Free Sale
Gene and Carol White were age 55 when they purchased some development land outside of town. They thought it would be a good investment that they could later sell for a higher price. They have owned the property for 10 years and now would like to sell. More on Tax-Free Sale >>.
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Endowed Scholarship supported by Gift Annuities
John E. Storer '32 died in April, 2008, but his legacy will live on at Kettering University through the John E. Storer, Jr. Endowed Scholarship. More on Endowed Scholarship supported by Gift Annuities >>.
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Special endowments further enhanced by planned estate gift
The Clara Elizabeth Davidson Women's Resource Center, a beautifully appointed two room suite endowed by GMI/Kettering alumnus and donor Colonel (ret.) John A. Faiola, is the most elegant setting on campus. More on Special endowments further enhanced by planned estate gift >>.
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Peace of Mind Gift Annuity
Many years ago, Clara Lehman bought a home. Since she was so pleased with the home, she decided to buy stock in the company that builds and sells homes like it. Over the years, the stock has increased in value many times, but the value has been volatile. More on Peace of Mind Gift Annuity >>.
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Capital Gains Tax Bypassed
Peter and Gail Williamson were nearing retirement. Over the years, with the help of their financial advisor, they made solid investments in securities and built a sizable portfolio. More on Capital Gains Tax Bypassed >>.
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* These donor stories are for illustrative purposes. Each story is based on an actual gift case or a combination of cases. The pictures and names may be representative of the actual donors who were involved in either the cases or a combination of cases.
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