OFFICE OF GIFT PLANNING

THE PENNSYLVANIA STATE UNIVERSITY

214 103 BUILDING

108 BUSINESS SERVICES BUILDING

UNIVERSITY PARK PA 16802-9976

BUSINESS REPLY MAIL

POSTAGE WILL BE PAID BY ADDRESSEE

NO POSTAGE NECESSARY

IF MAILED IN THE

UNITED STATES

FIRST-CLASS MAIL PERMIT NO. 1 STATE COLLEGE PA

Fold in half and tape shut.

GIFT PLANNING IDEAS FROM THE OFFICE OF GIFT PLANNING AND THE ATHERTON SOCIETY

Special Rewards Come From Gifts

Self-proclaimed Penn State “fanatics,”Allen ’65 and Judith Weltmann simplyneed to drive toward University Park tofeel excitement run through their veins.Penn State is Allen’s alma mater, butJudi has also adopted the belovedUniversity as her second home. Their loyalty has led them to becomededicated supporters—and they love watching their gifts come to life.

“We both know the importance ofgetting an education,” Allen says. Beyond obtaining a degree in accounting thatlaunched him into a 41-year career with PricewaterhouseCoopers, Allen’s four years at

FALL 2009

Spotlight on Retirement Plan Assets • Get a Better Return Out ofYour Savings • Your Bequest Can Count Toward Our Campaign

INSIDE THIS ISSUE

Continued on inside

CD Rates Got You Down?Charitable Gift Annuities Offer High Returns Without High Risk

Offi

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4 10

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143-09-1001

WWW.GIFTPLANNING.PSU.EDU

Love for Penn State and Philanthropy Grow Hand in Hand

When Betty Tobias married her husband,Roger, she gained more than a lovingspouse—she formed a lifelong connectionwith his alma mater.

“He was your typical Penn State alum,”Betty says of her husband, a 1948 graduate of Penn State, who attended two years at the Schuylkill campus, spent two years in

Continued on inside

Allen ’65 and Judith Weltmann

Patri

cia

L. R

oeni

gk,

Esq.

Dire

ctor

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divi

dual

Gift

Pla

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g

Thom

as L

. Pa

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ift P

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ing

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ne M

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Betty and Roger ’48 Tobias

Do you want a dependable return on your savings? Maybe you’ve been investingin CDs, hoping for the best interest rates. Rates for CDs, however, have beenlike a roller coaster.

Now consider a better option: a charitable gift annuity. We’ll pay you anattractive rate of return that never changes, a fixed amount for life. What’s more,you’ll receive a tax-saving charitable deduction when you itemize on your taxreturn, and you’ll gain the satisfaction of knowing your generous gift will helpPenn State’s For the Future campaign.

To learn more without obligation, contact Penn State’s Office of GiftPlanning. We’ll figure your fixed payment and estimated tax savings and workwith you to ensure your gift benefits the University program of your choice.

GIFT ANNUITY EXAMPLE: Ruth, 70, gives

$25,000 to Penn State in exchange for a charitable gift annuity. She’ll

receive a fixed rate of 5.7 percent, or $1,425 each year. She’s entitled

to an income tax charitable deduction of $9,964.* In her 25 percent

tax bracket, her tax savings will be $2,491. And $970 of each

payment will be income tax–free throughout Ruth’s lifetime.

*Assuming annual payments and a 3.4 percent charitable midterm federal rate

remembering

Clip (and fold) and Return

TEA

R H

ERE

Fold

in

ha

lf a

nd

ta

pe s

hu

t w

ith

cle

ar

tap

e.

No

sta

ple

s.

Special Rewards Come From Gifts

Penn State helped prepare him for his career. Judi’s master’s and bachelor’s degrees led her to a long career in human resources and her current business,ProLawInsurance.

In the 1980s, Allen and Judi made their first gifts to Penn State by setting up ascholarship in what was then the College of Business Administration. Each year,they receive a letter from a grateful recipient, which makes the connection real.

Recently, the Weltmanns have discovered a new passion—the UniversityLibraries, where they have endowed books on ethics in the business section.“The Libraries are truly the heart and soul of any university,” explains Allen,

who currently serves on the Libraries Campaign Committee.Excited by the new and transformational Knowledge Commons in the Libraries,

which will bring multiple services and resources together in a warm and invitingenvironment, the Weltmanns have worked creatively to name a space within thenew student-centered area. To maximize their giving, they are leveraging a cash gift with corporate matching funds and an estate bequest.

“We feel very good about our support for the Libraries. The Libraries don’t get as much support because they are not a College,” Judi says. But by giving to sucha central part of the University, the Weltmanns will, in fact, touch all Penn Statestudents and enhance their learning experience.

Love for Penn State and Philanthropy Grow Hand in Hand

the Army, then finished at University Park. “He was so involved and committed.”Over the years, Betty found herself catching the fever. Today she even serves on thePenn State Schuylkill Advisory Board, a position that a Tobias has held since itsinception 75 years ago.

Through Betty’s love for tennis, she also found a way to make a difference forSchuylkill students. Years ago, disappointed by the state of the tennis courts, Bettyasked Roger if they could make a donation for their improvement. Roger didn’t live to see the upgrades, but Betty was thrilled with the results.

From there, her giving grew. Next, Betty funded landscaping around the courts; then she donated a clock in memory of Roger and his family. To make sure thecourts are maintained, she has designated a gift in her will for their upkeep.

Continued from front

Protecting your privacy is important to us. All inquiries made to Penn State’s Office of Gift Planning are confidential and without obligation.

© Penn State University and The Stelter CompanyThe information in this publication is not intended as legal advice. For legal advice, please consult an attorney. Figures cited in examples are for hypothetical purposesonly and are subject to change. References to estate and income tax include federal taxes only. Individual state taxes and/or state law may impact your results.

Do you want answers to all of your estate planning questions?

Continued from front

Perhaps most gratifying to her, however, have been her gifts to fund scholarships. “I feel so privileged to be ableto do this,” Betty explains. Each year, she cherishes theopportunity to read a letter from the recipient and to feel a small part of the student’s life.

Roger was equally generous.Before he died, Roger set up adeferred charitable gift annuityto make lifetime payments to the couple. Since his death, Betty has been able to counton the regular payments, which she greatly appreciates. When she passes away, theremainder will fund scholarships on the campus.

“Betty Tobias is a truly special friend and supporter of Penn State Schuylkill,”Chancellor Dr. R. Keith Hillkirk says. “Virtually everyone on the campus knows andloves Betty and has been touched by her generosity and kindness.”

Visit Penn State University on the Web at

the new www.giftplanning.psu.edu.

Read the latest articles on charitable giving,

refresh your memory with our glossary of

terms, and calculate your income tax

deduction for gifts.

Clip (and fold) and Return

Spotlight on Retirement Plan AssetsHow to Change Your Beneficiary Designations

First, consider these tax implications: If your children are the beneficiaries of yourretirement plans, federal income and estate taxes may erode up to 65 percent of theamount they receive from your plan. In contrast, because Penn State is tax-exempt, we are eligible to receive the full amount and bypass any federal taxes.

If you’re interested in this tax-efficient form of giving and would like to name PennState as beneficiary, simply contact your retirement plan administrator for a change ofbeneficiary form. Decide what percentage you would like us to receive, and name us,along with the percentage chosen, on the beneficiary form. Then return the form toyour plan administrator and notify Penn State’s Office of Gift Planning. It’s that simple!

Contact the Office of Gift Planning to learn how you, too, can

take advantage of various contribution methods to create a

legacy in the University program of your choice and receive tax and

income benefits at the same time.

“Penn State is a great public institution. The Libraries are an integral part ofwhat makes it great, and we are proud to be a part of it.”

—Allen Weltmann ’65

The Time to Act Is Now!Yes, I am interested in lowering my taxes, increasing my income, and helping Penn State University!

□ I have a specific question about gift and estate planning.Please contact me by: □ Phone. Best time to call: ___________ a.m./p.m.□ E-mail. E-mail address: _________________________.

□ I would like a personal illustration of how a charitable gift annuity or charitable remainder trust would benefit me.Please prepare a proposal for:□ Me. My birth date is _____________. And/or (circle one),□ My spouse or heir, whose birth date is _____________.

□ I am interested in naming Penn State in my will or trust. Please send me information, along with suggested language.

□ I have not previously informed you, but I have alreadyincluded Penn State in my estate plan through my:□ Will □ Trust arrangement□ Insurance policy □ Retirement plan□ Other

Name (Please Print.) Maiden Name Class Year

Mailing (Street) Address

City, State and ZIP

Telephone E-mail

Tobias Family Legacy Clock, Schuylkill Campus Tennis Courts

TEA

R H

ERE

Fold

in

ha

lf a

nd

ta

pe s

hu

t w

ith

cle

ar

tap

e.

No

sta

ple

s.

Special Rewards Come From Gifts

Penn State helped prepare him for his career. Judi’s master’s and bachelor’s degrees led her to a long career in human resources and her current business,ProLawInsurance.

In the 1980s, Allen and Judi made their first gifts to Penn State by setting up ascholarship in what was then the College of Business Administration. Each year,they receive a letter from a grateful recipient, which makes the connection real.

Recently, the Weltmanns have discovered a new passion—the UniversityLibraries, where they have endowed books on ethics in the business section.“The Libraries are truly the heart and soul of any university,” explains Allen,

who currently serves on the Libraries Campaign Committee.Excited by the new and transformational Knowledge Commons in the Libraries,

which will bring multiple services and resources together in a warm and invitingenvironment, the Weltmanns have worked creatively to name a space within thenew student-centered area. To maximize their giving, they are leveraging a cash gift with corporate matching funds and an estate bequest.

“We feel very good about our support for the Libraries. The Libraries don’t get as much support because they are not a College,” Judi says. But by giving to sucha central part of the University, the Weltmanns will, in fact, touch all Penn Statestudents and enhance their learning experience.

Love for Penn State and Philanthropy Grow Hand in Hand

the Army, then finished at University Park. “He was so involved and committed.”Over the years, Betty found herself catching the fever. Today she even serves on thePenn State Schuylkill Advisory Board, a position that a Tobias has held since itsinception 75 years ago.

Through Betty’s love for tennis, she also found a way to make a difference forSchuylkill students. Years ago, disappointed by the state of the tennis courts, Bettyasked Roger if they could make a donation for their improvement. Roger didn’t live to see the upgrades, but Betty was thrilled with the results.

From there, her giving grew. Next, Betty funded landscaping around the courts; then she donated a clock in memory of Roger and his family. To make sure thecourts are maintained, she has designated a gift in her will for their upkeep.

Continued from front

Protecting your privacy is important to us. All inquiries made to Penn State’s Office of Gift Planning are confidential and without obligation.

© Penn State University and The Stelter CompanyThe information in this publication is not intended as legal advice. For legal advice, please consult an attorney. Figures cited in examples are for hypothetical purposesonly and are subject to change. References to estate and income tax include federal taxes only. Individual state taxes and/or state law may impact your results.

Do you want answers to all of your estate planning questions?

Continued from front

Perhaps most gratifying to her, however, have been her gifts to fund scholarships. “I feel so privileged to be ableto do this,” Betty explains. Each year, she cherishes theopportunity to read a letter from the recipient and to feel a small part of the student’s life.

Roger was equally generous.Before he died, Roger set up adeferred charitable gift annuityto make lifetime payments to the couple. Since his death, Betty has been able to counton the regular payments, which she greatly appreciates. When she passes away, theremainder will fund scholarships on the campus.

“Betty Tobias is a truly special friend and supporter of Penn State Schuylkill,”Chancellor Dr. R. Keith Hillkirk says. “Virtually everyone on the campus knows andloves Betty and has been touched by her generosity and kindness.”

Visit Penn State University on the Web at

the new www.giftplanning.psu.edu.

Read the latest articles on charitable giving,

refresh your memory with our glossary of

terms, and calculate your income tax

deduction for gifts.

Clip (and fold) and Return

Spotlight on Retirement Plan AssetsHow to Change Your Beneficiary Designations

First, consider these tax implications: If your children are the beneficiaries of yourretirement plans, federal income and estate taxes may erode up to 65 percent of theamount they receive from your plan. In contrast, because Penn State is tax-exempt, we are eligible to receive the full amount and bypass any federal taxes.

If you’re interested in this tax-efficient form of giving and would like to name PennState as beneficiary, simply contact your retirement plan administrator for a change ofbeneficiary form. Decide what percentage you would like us to receive, and name us,along with the percentage chosen, on the beneficiary form. Then return the form toyour plan administrator and notify Penn State’s Office of Gift Planning. It’s that simple!

Contact the Office of Gift Planning to learn how you, too, can

take advantage of various contribution methods to create a

legacy in the University program of your choice and receive tax and

income benefits at the same time.

“Penn Sate is a great public institution. The Libraries are an integral part ofwhat makes it great, and we are proud to be a part of it.”

—Allen Weltmann ’65

The Time to Act Is Now!Yes, I am interested in lowering my taxes, increasing my income, and helping Penn State University!

□ I have a specific question about gift and estate planning.Please contact me by: □ Phone. Best time to call: ___________ a.m./p.m.□ E-mail. E-mail address: _________________________.

□ I would like a personal illustration of how a charitable gift annuity or charitable remainder trust would benefit me.Please prepare a proposal for:□ Me. My birth date is _____________. And/or (circle one),□ My spouse or heir, whose birth date is _____________.

□ I am interested in naming Penn State in my will or trust. Please send me information, along with suggested language.

□ I have not previously informed you, but I have alreadyincluded Penn State in my estate plan through my:□ Will □ Trust arrangement□ Insurance policy □ Retirement plan□ Other

Name (Please Print.) Maiden Name Class Year

Mailing (Street) Address

City, State and ZIP

Telephone E-mail

Tobias Family Legacy Clock, Schuylkill Campus Tennis Courts

TEA

R H

ERE

Fold

in

ha

lf a

nd

ta

pe s

hu

t w

ith

cle

ar

tap

e.

No

sta

ple

s.

Special Rewards Come From Gifts

Penn State helped prepare him for his career. Judi’s master’s and bachelor’s degrees led her to a long career in human resources and her current business,ProLawInsurance.

In the 1980s, Allen and Judi made their first gifts to Penn State by setting up ascholarship in what was then the College of Business Administration. Each year,they receive a letter from a grateful recipient, which makes the connection real.

Recently, the Weltmanns have discovered a new passion—the UniversityLibraries, where they have endowed books on ethics in the business section.“The Libraries are truly the heart and soul of any university,” explains Allen,

who currently serves on the Libraries Campaign Committee.Excited by the new and transformational Knowledge Commons in the Libraries,

which will bring multiple services and resources together in a warm and invitingenvironment, the Weltmanns have worked creatively to name a space within thenew student-centered area. To maximize their giving, they are leveraging a cash gift with corporate matching funds and an estate bequest.

“We feel very good about our support for the Libraries. The Libraries don’t get as much support because they are not a College,” Judi says. But by giving to sucha central part of the University, the Weltmanns will, in fact, touch all Penn Statestudents and enhance their learning experience.

Love for Penn State and Philanthropy Grow Hand in Hand

the Army, then finished at University Park. “He was so involved and committed.”Over the years, Betty found herself catching the fever. Today she even serves on thePenn State Schuylkill Advisory Board, a position that a Tobias has held since itsinception 75 years ago.

Through Betty’s love for tennis, she also found a way to make a difference forSchuylkill students. Years ago, disappointed by the state of the tennis courts, Bettyasked Roger if they could make a donation for their improvement. Roger didn’t live to see the upgrades, but Betty was thrilled with the results.

From there, her giving grew. Next, Betty funded landscaping around the courts; then she donated a clock in memory of Roger and his family. To make sure thecourts are maintained, she has designated a gift in her will for their upkeep.

Continued from front

Protecting your privacy is important to us. All inquiries made to Penn State’s Office of Gift Planning are confidential and without obligation.

© Penn State University and The Stelter CompanyThe information in this publication is not intended as legal advice. For legal advice, please consult an attorney. Figures cited in examples are for hypothetical purposesonly and are subject to change. References to estate and income tax include federal taxes only. Individual state taxes and/or state law may impact your results.

Do you want answers to all of your estate planning questions?

Continued from front

Perhaps most gratifying to her, however, have been her gifts to fund scholarships. “I feel so privileged to be ableto do this,” Betty explains. Each year, she cherishes theopportunity to read a letter from the recipient and to feel a small part of the student’s life.

Roger was equally generous.Before he died, Roger set up adeferred charitable gift annuityto make lifetime payments to the couple. Since his death, Betty has been able to counton the regular payments, which she greatly appreciates. When she passes away, theremainder will fund scholarships on the campus.

“Betty Tobias is a truly special friend and supporter of Penn State Schuylkill,”Chancellor Dr. R. Keith Hillkirk says. “Virtually everyone on the campus knows andloves Betty and has been touched by her generosity and kindness.”

Visit Penn State University on the Web at

the new www.giftplanning.psu.edu.

Read the latest articles on charitable giving,

refresh your memory with our glossary of

terms, and calculate your income tax

deduction for gifts.

Clip (and fold) and Return

Spotlight on Retirement Plan AssetsHow to Change Your Beneficiary Designations

First, consider these tax implications: If your children are the beneficiaries of yourretirement plans, federal income and estate taxes may erode up to 65 percent of theamount they receive from your plan. In contrast, because Penn State is tax-exempt, we are eligible to receive the full amount and bypass any federal taxes.

If you’re interested in this tax-efficient form of giving and would like to name PennState as beneficiary, simply contact your retirement plan administrator for a change ofbeneficiary form. Decide what percentage you would like us to receive, and name us,along with the percentage chosen, on the beneficiary form. Then return the form toyour plan administrator and notify Penn State’s Office of Gift Planning. It’s that simple!

Contact the Office of Gift Planning to learn how you, too, can

take advantage of various contribution methods to create a

legacy in the University program of your choice and receive tax and

income benefits at the same time.

“Penn Sate is a great public institution. The Libraries are an integral part ofwhat makes it great, and we are proud to be a part of it.”

—Allen Weltmann ’65

The Time to Act Is Now!Yes, I am interested in lowering my taxes, increasing my income, and helping Penn State University!

□ I have a specific question about gift and estate planning.Please contact me by: □ Phone. Best time to call: ___________ a.m./p.m.□ E-mail. E-mail address: _________________________.

□ I would like a personal illustration of how a charitable gift annuity or charitable remainder trust would benefit me.Please prepare a proposal for:□ Me. My birth date is _____________. And/or (circle one),□ My spouse or heir, whose birth date is _____________.

□ I am interested in naming Penn State in my will or trust. Please send me information, along with suggested language.

□ I have not previously informed you, but I have alreadyincluded Penn State in my estate plan through my:□ Will □ Trust arrangement□ Insurance policy □ Retirement plan□ Other

Name (Please Print.) Maiden Name Class Year

Mailing (Street) Address

City, State and ZIP

Telephone E-mail

Tobias Family Legacy Clock, Schuylkill Campus Tennis Courts

OFFICE OF GIFT PLANNING

THE PENNSYLVANIA STATE UNIVERSITY

214 103 BUILDING

108 BUSINESS SERVICES BUILDING

UNIVERSITY PARK PA 16802-9976

BUSINESS REPLY MAIL

POSTAGE WILL BE PAID BY ADDRESSEE

NO POSTAGE NECESSARY

IF MAILED IN THE

UNITED STATES

FIRST-CLASS MAIL PERMIT NO. 1 STATE COLLEGE PA

Fold in half and tape shut.

GIFT PLANNING IDEAS FROM THE OFFICE OF GIFT PLANNING AND THE ATHERTON SOCIETY

Special Rewards Come From Gifts

Self-proclaimed Penn State “fanatics,”Allen ’65 and Judith Weltmann simplyneed to drive toward University Park tofeel excitement run through their veins.Penn State is Allen’s alma mater, butJudi has also adopted the belovedUniversity as her second home. Their loyalty has led them to becomededicated supporters—and they love watching their gifts come to life.

“We both know the importance ofgetting an education,” Allen says. Beyond obtaining a degree in accounting thatlaunched him into a 41-year career with PricewaterhouseCoopers, Allen’s four years at

FALL 2009

Spotlight on Retirement Plan Assets • Get a Better Return Out ofYour Savings • Your Bequest Can Count Toward Our Campaign

INSIDE THIS ISSUE

Continued on inside

CD Rates Got You Down?Charitable Gift Annuities Offer High Returns Without High Risk

Offi

ce o

f Gift

Pla

nnin

g21

4 10

3 Bu

ildin

g U

nive

rsity

Par

k, P

A 1

6802

-700

1

Phon

e: (8

14) 8

65-0

872

Toll-

free:

(888

) 800

-917

0E-

mai

l: G

iftPl

anni

ng@

psu.

edu

ww

w.g

iftp

lannin

g.p

su.e

du

Pen

n S

tate

Off

ice

of

Gif

t Pla

nnin

g

Mic

hael

J. D

egen

hart

Dire

ctor

, O

ffice

of G

ift P

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Bria

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Cas

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ift P

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Bria

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McC

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Esq

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Offi

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Krist

ine

K. O

tto,

J.D.,

Ph.D

.G

ift P

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ing

Offi

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Your

Beq

uest

Can

Cou

nt T

owar

dFo

r th

e Fu

ture

:Th

e C

ampa

ign

for

Penn

Sta

te S

tude

nts

If yo

u ha

ve in

clud

ed P

enn

Stat

e in

you

r w

ill, o

r th

roug

h an

othe

rty

pe o

f pla

nned

—or

def

erre

d—gi

ft, p

leas

e ac

cept

our

app

reci

atio

n.A

beq

uest

by w

ill is

a s

impl

e ex

tens

ion

of y

our

phila

nthr

opic

visi

onan

d ex

pres

ses

a pr

ofou

nd c

omm

itmen

t to

our

shar

ed m

issio

n.By

pro

vidi

ng fo

r Pe

nn S

tate

in th

is w

ay, y

ou h

ave

done

alo

t. PL

EASE

TEL

L U

S! W

e w

ould

like

to th

ank

you

and

see

that

you

rgi

ft is

cre

dite

d to

war

d th

e go

al o

f the

cam

paig

n, F

or

the

Futu

re:

The

Cam

paig

n f

or

Pen

n S

tate

Stu

den

ts.

Sim

ply

cont

act t

heO

ffice

of G

ift P

lann

ing

by p

hone

, (88

8) 8

00-9

170,

or

e-m

ail

giftp

lann

ing@

psu.

edu.

Tha

nk y

ou in

adv

ance

!

143-09-1001

WWW.GIFTPLANNING.PSU.EDU

Love for Penn State and Philanthropy Grow Hand in Hand

When Betty Tobias married her husband,Roger, she gained more than a lovingspouse—she formed a lifelong connectionwith his alma mater.

“He was your typical Penn State alum,”Betty says of her husband, a 1948 graduate of Penn State, who attended two years at the Schuylkill campus, spent two years in

Continued on inside

Allen ’65 and Judith Weltmann

Patri

cia

L. R

oeni

gk,

Esq.

Dire

ctor

, In

divi

dual

Gift

Pla

nnin

g

Thom

as L

. Pa

rrish

Asso

ciat

e G

ift P

lann

ing

Offi

cer

Jean

ne M

. Sa

llade

Assis

tant

Dire

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Betty and Roger ’48 Tobias

Do you want a dependable return on your savings? Maybe you’ve been investingin CDs, hoping for the best interest rates. Rates for CDs, however, have beenlike a roller coaster.

Now consider a better option: a charitable gift annuity. We’ll pay you anattractive rate of return that never changes, a fixed amount for life. What’s more,you’ll receive a tax-saving charitable deduction when you itemize on your taxreturn, and you’ll gain the satisfaction of knowing your generous gift will helpPenn State’s For the Future campaign.

To learn more without obligation, contact Penn State’s Office of GiftPlanning. We’ll figure your fixed payment and estimated tax savings and workwith you to ensure your gift benefits the University program of your choice.

GIFT ANNUITY EXAMPLE: Ruth, 70, gives

$25,000 to Penn State in exchange for a charitable gift annuity. She’ll

receive a fixed rate of 5.7 percent, or $1,425 each year. She’s entitled

to an income tax charitable deduction of $9,964.* In her 25 percent

tax bracket, her tax savings will be $2,491. And $970 of each

payment will be income tax–free throughout Ruth’s lifetime.

*Assuming annual payments and a 3.4 percent charitable midterm federal rate

remembering

Clip (and fold) and Return

OFFICE OF GIFT PLANNING

THE PENNSYLVANIA STATE UNIVERSITY

214 103 BUILDING

108 BUSINESS SERVICES BUILDING

UNIVERSITY PARK PA 16802-9976

BUSINESS REPLY MAIL

POSTAGE WILL BE PAID BY ADDRESSEE

NO POSTAGE NECESSARY

IF MAILED IN THE

UNITED STATES

FIRST-CLASS MAIL PERMIT NO. 1 STATE COLLEGE PA

Fold in half and tape shut.

GIFT PLANNING IDEAS FROM THE OFFICE OF GIFT PLANNING AND THE ATHERTON SOCIETY

Special Rewards Come From Gifts

Self-proclaimed Penn State “fanatics,”Allen ’65 and Judith Weltmann simplyneed to drive toward University Park tofeel excitement run through their veins.Penn State is Allen’s alma mater, butJudi has also adopted the belovedUniversity as her second home. Their loyalty has led them to becomededicated supporters—and they love watching their gifts come to life.

“We both know the importance ofgetting an education,” Allen says. Beyond obtaining a degree in accounting thatlaunched him into a 41-year career with PricewaterhouseCoopers, Allen’s four years at

FALL 2009

Spotlight on Retirement Plan Assets • Get a Better Return Out ofYour Savings • Your Bequest Can Count Toward Our Campaign

INSIDE THIS ISSUE

Continued on inside

CD Rates Got You Down?Charitable Gift Annuities Offer High Returns Without High Risk

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WWW.GIFTPLANNING.PSU.EDU

Love for Penn State and Philanthropy Grow Hand in Hand

When Betty Tobias married her husband,Roger, she gained more than a lovingspouse—she formed a lifelong connectionwith his alma mater.

“He was your typical Penn State alum,”Betty says of her husband, a 1948 graduate of Penn State, who attended two years at the Schuylkill campus, spent two years in

Continued on inside

Allen ’65 and Judith Weltmann

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Terri

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Ass

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sista

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Betty and Roger ’48 Tobias

Do you want a dependable return on your savings? Maybe you’ve been investingin CDs, hoping for the best interest rates. Rates for CDs, however, have beenlike a roller coaster.

Now consider a better option: a charitable gift annuity. We’ll pay you anattractive rate of return that never changes, a fixed amount for life. What’s more,you’ll receive a tax-saving charitable deduction when you itemize on your taxreturn, and you’ll gain the satisfaction of knowing your generous gift will helpPenn State’s For the Future campaign.

To learn more without obligation, contact Penn State’s Office of GiftPlanning. We’ll figure your fixed payment and estimated tax savings and workwith you to ensure your gift benefits the University program of your choice.

GIFT ANNUITY EXAMPLE: Ruth, 70, gives

$25,000 to Penn State in exchange for a charitable gift annuity. She’ll

receive a fixed rate of 5.7 percent, or $1,425 each year. She’s entitled

to an income tax charitable deduction of $9,964.* In her 25 percent

tax bracket, her tax savings will be $2,491. And $970 of each

payment will be income tax–free throughout Ruth’s lifetime.

*Assuming annual payments and a 3.4 percent charitable midterm federal rate

remembering

Clip (and fold) and Return