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Gifts
for Pressing Needs:
Jerrold and Joanne Robinson
"I don't believe in putting strings on a gift,"
says Jerrold Robinson (Col '44), who with his wife,
Joanne, has made generous planned gifts that will provide
unrestricted endowment support for Arts & Sciences.
"Our purpose is to help the University fulfill
the most pressing need at the moment. The most important
thing for us is the sheer delight we feel to be able
to do this."
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Unrestricted gifts
have no strings attached. Essentially, you let the University or an individual
school decide how best to use your gift.
There
are two kinds of unrestricted support: annual
gifts, which fund current operations, and endowments,
which are invested to produce a stream of unrestricted income
over time. For either type of contribution, the word that
is always used to describe the importance of such gifts is
"flexibility."
How
are unrestricted funds used? Some fulfill needs that arise
quickly and urgently; others are used to strengthen ongoing
student or faculty programs; all serve to advance the University's
educational mission.
Unrestricted
funds pay for student projects, scholarships for undergraduates,
fellowships for graduate students, faculty support for research
and course development, funding for student organizations
and publications, support for student and faculty participation
in scholarly conferences, equipment and software purchases,
and library acquisitions.
"Even with
the most careful planning, unexpected needs and opportunities will arise that
can be addressed only if we have such funds in reserve," says University
President John T. Casteen III. "Donors who give us the resources to respond decisively in such
instances will help the University in ways that can only be imagined today."
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