Univesity Facts and Figures_merged

8/3/2019 Univesity Facts and Figures_merged

http://slidepdf.com/reader/full/univesity-facts-and-figuresmerged 1/12

Gift Planning 101

Gift Planning is an opportunity to include Tufts University in one’s will or other estate plans. It offers severalways to support Tufts while planning for retirement and supporting loved ones.

The Charles Tufts Society

Named after Charles Tufts, whose gift of twenty acres in Medford, Massachusetts, led to the establishment of theUniversity, the society brings together donors who have included Tufts in their will or other estate plans by providing abequest or life income gift. Every spring, members of the Charles Tufts Society are invited to a luncheon with thepresident in gratitude for their support.

Charitable Bequests

Bequests made through a will or living trust can be tailored to complement one’s personal lifestyle and financial goals. Abequest allows many alumni and friends of Tufts to make sizable gifts they would otherwise be unable to afford.Specific bequest language and guidance is available through the Gift Planning Office. All requests for information aretreated confidentially if one so desires.

Life Income Gifts

- A Charitable Gift Annuity is a gift of cash or appreciated securities to Tufts that provides the donor with a fixedstream of income based on their age (appropriate for $10,000 or more).

- Charitable Remainder Trust is a trust established to provide variable or fixed income for life or a fixed term. Afterthe donor passes away, the assets of the trust can be left to Tufts or divided among multiple charitable organizations(appropriate for $100,000 or more).

Qualified Retirement Plans

Alumni or friends can make Tufts the beneficiary of assets remaining in a qualified retirement plan after their lifetime.

When left to individuals other than their spouse, these assets are subject to both estate and income taxes. However,leaving the retirement fund to Tufts eliminates both estate and income taxes. If a donor is interested in this type of gift,they can contact their retirement administrator and simply ask for a ‘change of beneficiary’ form.

Securities and Real Estate

A gift of securities and/or real estate may provide more significant benefits than a gift of cash, particularly when anappreciated property has been held long term (more than one year).

Tangible Personal Property

A donor is entitled to a charitable deduction for gifts of tangible personal property, such as works of art, rare books, orstamp and coin collections.

For further information please contact the Gift Planning Office at [email protected], toll free at1-888-PGTUFTS, or 617-627- 4541. We will treat your request confidentially if you so desire.



Glossary

Annual Gift: An annual gift is a yearly contribution to the Tufts Fund, meant for current use. Most annualgifts are unrestricted, meaning they are donations made without specifications for their use. Such gifts allowTufts to apply the money to the areas with the greatest need. Most annual gifts are directed to the TuftsFund.

Bequest: A bequest is one of the simplest, and most meaningful, planned gifts that a donor can make to TuftsUniversity. A bequest may be designated for general support or for a specific purpose, such as a class gift orfinancial aid. It may be structured as a specific dollar amount, a percentage of an estate, or as the remainderof an estate, and may consist of a variety of assets. Individuals who include a bequest to Tufts in their will ortrust are entitled to membership in the university’s Charles Tufts Society.

Capital Gift: In most cases, a capital gift is a contribution given to support a specific project. This may includegifts to underwrite building construction or the establishment of a permanent endowment such as ascholarship or book fund. Planned gifts are also considered capital gifts.

Endowed Gift: The endowment is a permanent fund that is invested to produce income, with only a portion of the investment earnings being spent. The rest of the earnings are channeled back into the fund, so that theendowment grows and becomes a perpetual source of funding. Over time, a well-managed endowment growsfaster than the usual rate of inflation providing a continual source of revenue.

Fiscal Year: The fiscal year begins July 1 and ends June 30. All pledges to the Tufts Fund must be paid by noonon June 30 in order for the gift to count during the current fiscal year.

Gift of Securities: A gift of securities is a gift of stock. Donors who plan to make a gift of securities shouldcontact the Tufts Treasury Office at 617-627-3171.

Life Income Plan : A life income plan is a gift to Tufts that allows the donor to make a substantial contributionto the University while also providing for personal financial needs. Several options exist, including charitablegift annuities, charitable remainder trusts, charitable lead trusts, and the Tufts Income Fund. These plans areappealing because they increase annual income, provide an immediate income tax deduction (for a portion of the gift value), reduce capital gains tax liability when funded with appreciated assets, and entitle the donor toCharles Tufts Society membership. As with bequests, donors may use a life income plan for general support orfor a specific purpose.

LYBUNTS: LYBUNTS is a term used to describe the giving history of a specific group of donors. A LYBUNT is adonor who gave money Last Year But Unfortunately Not This year to Tufts.

Matching Gift: Many employers will match an employee’s charitable contribution, thereby doubling or eventripling the amount of the gift. Employees should consult their employer’s benefits department to learn aboutmatching gift policies. Matching gifts are credited toward a class gift and counted toward membership in thePackard Society.



Glossary

Non-Donor: A non-donor is someone who has not made a gift to Tufts.

Packard Society: Alumni, parents and friends who make a leadership gift to the Tufts Fund become membersof the Packard Society. The university recognizes members as Tufts’ most distinguished supporters. (See Case

for the AS&E Tufts Fund section for giving levels).

Parents Fund: A part of the Tufts Fund for Arts, Sciences & Engineering, the Parents Fund raises annual giftsfrom parents of current students and parents of alumni to help support the operating budget. Members of the Parents Fund Committee communicate with parents throughout the year about the importance of givingto Tufts and to remind them that their tuition dollars do not cover the total expenses of a Tufts education .

Participation: Participation is the percentage of alumni who make a gift to Tufts University within a givenyear. It is a factor in the annual US News & World Report rankings.

Phonathon: A phonathon is a method of soliciting alumni by telephone to ask for their annual contribution.Volunteers get together to call potential donors during a specific period of time, i.e. one evening, group of evenings, etc. Tufts has a Telefund department comprised of current Tufts students who come together eachnight to call potential donors.

Planned Gift: A planned gift is a creative way to give to Tufts University. Planned gifts can be made with manytypes of assets, from the most common (such as cash and securities) to the more unusual (such as property,collectibles and retirement assets). A planned gift provides the opportunity for donors to achievephilanthropic and financial objectives simultaneously. Often, a planned gift also enables donors to make alarger contribution than they previously thought possible.

Restricted Gift: A gift that is designated to a specific fund. Usually a capital or major gift.

Reunion Class Gift: The Reunion Class Gift is a five-year cumulative total of all gifts (annual, capital,endowment and planned) given by all members of a class since their last reunion. It includes the current yearReunion Tufts Fund Gift.

Reunion Tufts Fund Gift: The Reunion Tufts Fund Gift is made by a specific alumni class at the end of theirreunion year. It is the sum of all gifts made by classmates to the Tufts Fund in a single year.

SYBUNTS: SYBUNTS is a term used to describe the giving history of a specific group of donors. A SYBUNT is adonor who gave money Some Years But Unfortunately Not This year to Tufts.

The Tufts Fund: The Tufts Fund for Arts, Sciences & Engineering (or annual fund) provides money on a yearlybasis to support the general operating budget of the School of Arts & Sciences and the School of Engineering.Currently, the president and deans consider student financial aid, new academic programs, facultydevelopment, initiatives in athletics, the arts, library acquisitions, and student life to be their top priorities.

Unrestricted gift: A gift that is not designated to a specific project, fund, etc. Most annual fund gifts areunrestricted.



Sample Email – End of Fiscal Year

Hi [NAME],

I recently [CALLED/EMAILED] to ask if you would join me in supporting Tufts this year. [AGAIN,THANK YOU FOR YOUR PAST SUPPORT.] Our generosity makes a big difference for today’sstudents!

The end of the fiscal year is fast approaching, I hope you will join me in making a gift to Tuftsbefore June 30 th. I am including the online giving link, here, for your convenience:giving.tufts.edu/givenow6

Feel free to email or call (YOUR NUMBER) if you have questions. It’d be great to catch up.

Thank you for your support![NAME]





Sample Email Solicitations

Questions or comments contact: Erica Wilcoxson, Associate Director, Volunteer Management , at [email protected] or 617-627-4682 or Sarah Pease, Volunteer Program Coordinator, at [email protected] or 617-627-4517.

Reunion :

Non-Reunion:

Dear [NAME],

Can you believe our XXth reunion is almost here? There are a lot of exciting activities planned for our classduring Alumni Weekend—May XX-XX-- and I’d like to encourage you join us on campus for this

celebration. ( www.tuftsalumni.org/events-reunions/reunions ).

I'd also like to ask you to join me in making a gift to the Tufts Fund for Arts, Sciences & Engineering inhonor of our reunion year of [ $XX]. The experiences and memories we share of our time at Tufts has beena major influence in my life and with our support we can continue to provide an outstanding educationalexperience for Tufts current students.

If you'd like to learn more about the Tufts Fund for Arts, Sciences & Engineering or other ways to supportTufts, please don't hesitate to contact me.

You can make a gift by visiting giving.tufts.edu/givenow6 or by emailing me with a pledge amount.

Thank you for your support. I look forward to seeing you at Reunion Weekend!

Sincerely,[YOUR NAME]

Dear [NAME],

Hello from a fellow Jumbo! I’m sure you have noticed how much Tufts has been developing and expandingin recent years. It feels like a week doesn’t go by without hearing about Tufts in the news regarding someaccomplishment in science, education, or world affairs. It certainly makes me proud to be a Tufts alum!

Tufts’ remarkable accomplishments would not have been possible without the annual support of alumni likeus. Will you join me in supporting the Tufts Fund for Arts, Sciences & Engineering with a gift of [ $XX]? Theexperiences and memories we share from our time at Tufts have been a major influence in my life and withour support we can continue to provide an outstanding experience for future generations of Tufts students.

If you'd like to learn more about the Tufts Fund for Arts, Sciences & Engineering or other ways to supportTufts, please don't hesitate to contact me at [ EMAIL/PHONE].

You can make a gift by visiting giving.tufts.edu/givenow6 or by emailing me with a pledge amount.

Thank you for your support!

Sincerely,[YOUR NAME]



Sample Phone Script

Questions or comments contact: Erica Wilcoxson at [email protected] or 617-627-4682 or Sarah Pease [email protected] or 617-627-4517.

Introduction“Hi Jane. I am a fellow alum from Tufts University. I graduated in ’95, a couple years after you. Idon’t think we had a chance to meet, but I’ve become more involved and am helping to keep otheralums connected to Tufts.”

“Have you been back to campus/reunion/homecoming recently?”“Have you heard about ___ that happened at Tufts recently?”

Case for the Tufts Fund“As I mentioned, I’ve become more involved with Tufts lately and it has become more and moreapparent how much our support of the Tufts Fund makes Tufts what it is today. When we werestudents, I had no idea how much this help from alumni kept the school running and growing.”

The AskPrevious Donor:

“I want to thank you for your past support and ask if you would join me in giving to the Tufts Fundagain this year. Would you consider renewing your gift of $250? OR Would you consider increasingyour gift to $400 this year?”

Non-Donor:“Would you consider joining me in giving to the Tuft Fund this year? How would you feel about agift of $100?”

If they are hesitant or have other financial commitments:“I completely understand. But don’t forget that every gift, no matter the size, adds up quickly tomake a big difference for the students currently at Tufts. And gifts of any size keep ourparticipation strong (an important measure for college rankings, such as US News and WorldReport). Would you be able to consider $25, or even $10?”

Closing/ Thanks “Do you have any other questions about Tufts? Again, thank you for your time/support. Pleasedon’t hesitate to contact me if you have any other questions.

Voice Message (after 2-3 call attempts)“Good Evening John, this is Jane Jumbo, a fellow Tufts alum. I’m calling tonight to connectabout Tufts and ask if you will join me in supporting the Tufts Fund (again) this year. Our annualsupport is critical to much of the university, including financial aid, faculty research and theoverall student experience. I’m sorry I was not able to connect with you tonight, but I’dwelcome the opportunity to discuss Tufts further, at your earliest convenience. I can be reachedat 111-222-3456. In case we are unable to connect, the easiest way make a gift is online:tufts.edu/givenow. Thank you for your time, I look forward to hearing from you.”



Sample Thank You Notes

Questions or comments contact: Erica Wilcoxson, Associate Director, Volunteer Management , at [email protected] or 617-627-4682 or Sarah Pease, Volunteer Program Coordinator, at [email protected] or 617-627-4517.

After they agree to a gift: After learning that they made a gift:

Dear___:

Having just learned of yourgenerous gift to the Tufts Fund, Iwanted you to know how much Iappreciate your participation inour fundraising effort this year.As you know, contributions like

yours are critical to sustainingour alma mater. Thank you foryour support of Tufts.

Sincerely,

Dear___:

It was great to talk with you lastnight! Thank you again for yoursupport of the Tufts Fund thisyear. Although a finalconfirmation will come from theuniversity, I want to reiterateTufts’ appreciation for yourcommitment of $___. GoJumbos!

Sincerely,



Tufts Points of Pride

Questions or comments contact: Sarah Pease, Volunteer Program Coordinator, The Tufts Fund for Arts, Sciences & Engineering at

[email protected] or 617-627-4517.

Tufts is currently ranked 29th in US News & World Report’s 2011 National Universities Rankings.

Pride in History

• Tufts has the only mascot (Jumbo) listed in Webster's dictionary.

• The Reach toothbrush was invented by Tufts researchers, including Professor Emeritus JohnKreifeldt.

• The first phone call was made by a Tufts professor, Amos Dolbear, from Ballou Hall. AlthoughAlexander Graham Bell got the patent in 1876, Dolbear already had a working telephone when hebecame a professor in 1874. It connected his lab in Ballou to his home on Professors Row andallowed him to alert Mrs. Dolbear when he was on his way home for lunch.

• One of the nation's first radio stations was created by a Tufts graduate, Harold J. Power, in 1915and based on the Medford/Somerville campus.

• A Tufts graduate was the first Red Sox pitcher to ever win a Cy Young award (Jim Lonborg, a dentalschool graduate) in 1967.

• The football "huddle" was invented at Tufts at one of the first American college football games.

Jumbos Abroad• Roughly 40% of Tufts undergraduates have an overseas study experience, placing Tufts among the

top five research universities. The Kaplan College Guide named Tufts one of America's 25 HotSchools, recognizing it as the "Hottest for Studying Abroad." Tufts students study all over theworld at Tufts’s own programs in 10 sites on 4 continents, as well as accredited programs at otherinstitutions.

• For the last several years, Tufts has ranked as one of the top Peace Corps suppliers amonguniversities its size.






Jumbos are Green

• In 2005, students moved into the first “Green” dorm, funded by Bernard Gordon in honor of hiswife. Sofia Gordon Hall was built using mostly recycled materials and features energy efficientwindows and motion sensor lights.

• In 2003, Tufts was the first university to adopt a new set of strenuous climate change goals draftedby international leaders from the U.S. and Canada. The climate change goals require a reduction of greenhouse gas emissions to 1990 levels by 2010. Tufts has already taken a number of significantsteps to operate more efficiently on its campuses by reducing the emission of greenhouse gasesinstallation of energy-efficient lighting, room occupancy sensors, vending machine ‘energy misers,’solar hot water systems and front-loading washing machines in existing buildings.

• In the September/October 2008 issue of Sierra Magazine , published by the Americanenvironmental organization The Sierra Club, Tufts was listed among the top 10 schools "that get it"

when it comes to green living.• Tufts was named one of the top 25 greenest schools in the 2009 Kaplan College Guide.

Tufts Gives Back

• In November 2005, the founder of eBay and his wife, Pierre and Pam Omidyar, gave Tufts $100million to create The Omidyar-Tufts Microfinance Fund (OTMF) that would be invested entirely ininternational microfinance initiatives. As the microfinance investments yield returns, Tuftsreceives 50 percent to use for its own programs. The other 50 percent is reinvested in the fund tosupport additional microfinance investments. The Omidyars’ personal investment is the largestallocation of capital to microfinance ever made by an individual or family, and atthe time was the largest single gift ever made to Tufts University.

• Current undergraduate students give back to Tufts through the Student Fund.In 2010-2011, 1,200 (23%) students made a gift to Tufts. Every gift to theStudent Fund matched with $50 given to financial aid by a generous alumna. Intotal, students helped to generate $50,000 for financial aid.

• The President’s Marathon Challenge fields a team of 200 Tufts students, staff, faculty, alumni,parents, and friends from around the country who train to run in the annual Boston Marathonwhile raising funds to support nutrition, medical, and fitness programs at Tufts. The team is thelargest known collegiate marathon program in the United States and attracts runners andsupporters from around the country. Since its inception in 2003, the PMC has raised more than$3,003,765.






Tufts in the Arts

• Every year, Tufts graduates help secure between 30 and 50 Emmy nominations for TVshows. Tufts graduates have been involved with the production or acting onproductions including Will and Grace , The Simpsons , The West Wing , Gossip Girl , andThe Late Show with David Letterman .

• Rob Burnett, Class of 1984, executive producer of the David Letterman Show won 5straight Emmy Awards for an Outstanding Variety, Music or Comedy Series from 1998-2002.

• The Beelzebubs, Tufts’ oldest male a cappella group, founded in 1962, was featured on the 2009NBC show The Sing Off , coming in second in the competition.

Notable Tufts Alumni

Anita Shreve , J68, bestselling authorPeter Roth , A72, CEO of Warner Brothers Television

Arthur Sulzberger , A74, publisher of the New York Times Meredith Vieira, J75, co-host of NBC’s Today showEllen Kullman, E78, Chair and CEO of DuPont

Jonathan Tisch , A76, Chairman and CEO of Loews Hotels Jeff Kindler , A77, CEO of PfizerPeter Gallagher , A77, television and film actor, most known for the TV series The OC

Jamie Dimon ,A78, CEO of JPMorgan ChaseScott Brown , A81, United States Senator representing MassachusettsHank Azaria , A85, actor, most known for work on The SimpsonsRob Burnett, A84, Emmy Award-winning executive producer of Late Night with

David Letterman Tracy Chapman, A86, Grammy Award winning singer-songwriter

Pierre Omidyar , A88, founder of eBay





h f d

Tufts Students Now

Tufts Class of 2015

• 17,132 candidates for admission• 21.8 percent of candidates were accepted to Tufts• 1,324 members of the Class of 2015 matriculated in September 2011• 47 states and 57 nations are represented • 92 freshmen enrolled as National Merit Scholars – a record!• 89 percent graduated in the top 10 percent of their high school class• 58 valedictorians, 42 salutatorians are among the Class of 2015 • 10 percent are the first in their family to attend college • 94 are the sons and daughters of Tufts alumni

The Class of 2014 includes a member of both the U.S. and Dutch nationalsailing teams; a two-time national and North American sailing champion; the Nevada alpine skichampion; the New England amateur champion in disc golf; a member of the Palestinian nationalequestrian team and a member of the Turkish national snowboard team. In addition, the Class of 2014 welcomed a student named Harry Potter, hailing from New Hampshire, and a Hannah fromMontana.

For additional points of pride, visit http://www.tufts.edu/home/get_to_know_tufts/did_you_know/

For recent Tufts news and student perspectives, check out the Tufts Daily: www.tuftsdaily.com

Documents

Univesity Facts and Figures_merged