Volume 5, Number 1 Spring 2007 The Newsletter of the Georgia Tech Founders’ Council FIFTIETH REUNION GIFTS CHANGE LIVES n 1984, Founders’ Council was established to recognize alumni and friends who have made provisions for the future financial strength of Georgia Tech. Members of this recognition society have made documented non-contingent estate plans or life income arrangements of at least $25,000 for the academic or athletic programs of the Institute. Qualifying gifts include charitable remainder trusts, charitable gift annuities, pooled income funds, bequests, gifts of retirement plan assets, and life insurance. I CONTACT INFORMATION Peter J. Ticconi Jr., Senior Director 404.385.6715 peter.ticconi@dev.gatech.edu Ann W. Dibble, Director 404.894.4679 ann.dibble@dev.gatech.edu Louis W. Rice III, J. D., Director 404.385.0747 louis.rice@dev.gatech.edu Lauren M. Kennedy, Development Associate lauren.kennedy@dev.gatech.edu Office of Development Gift Planning Georgia Institute of Technology 177 North Avenue Atlanta, GA 30332-0220 404.894.4678 founderscouncil@dev.gatech.edu Jerry S. Johnson, EE 1957, came to Tech from Augusta, Georgia, and, like many students away from home for the first time, enjoyed his newfound freedom. After one year studying architecture, he went home and got a summer job with Georgia Power Company. He liked the job so much that he decided to switch his major to electrical engineering. He also decided that he wanted to pay for his own education and enrolled in the co-op program. When it was time for him to go his last four quarters without work breaks, he asked his Jerry Johnson, EE 1957, father for help with the expenses. has established a scholarship fund His father thought Johnson was having too much fun at his fraterfor co-op students. nity, Phi Kappa Sigma, and said that he would help pay for his education but he would not finance his son’s social life. With youthful defiance and determination, Johnson insisted that he didn’t need his father’s help…and found a tuition bill standing between him and his Georgia Tech degree. Through connections at his Georgia Power co-op job, he was given a loan by the Augusta Rotary Club. Backed by that loan, Johnson was able to focus on his studies while still enjoying fraternity life, and “got out” with a degree in electrical engineering. Fast forward fifty years …. Jerry Johnson now lives in Alamogordo, New Mexico, and will return to campus in October to join his Class of 1957 classmates for their fiftieth reunion. Celebrating with parties and the Homecoming football game, the weekend will be a time of rekindling old friendships and swapping tales of younger days…and the class will present a check to Georgia Tech for its collective fiftieth reunion class gift. After fifty years, many alumni have a good perspective on the impact of their Georgia Tech degree— on their lives, careers, and fortunes. “Remembering that situation my senior year, I want to help students with financial need,” Johnson explained. “Endowing a scholarship for co-op students seems the right thing to do. Charitable gift annuities fit nicely in my own financial situation, and I have designated them to be added to the scholarship fund after my death. Also, I have made a bequest provision for the scholarship fund under my will.” www.development.gatech.edu continued on page 2 1 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council continued from page 1 Spring 2007 Georgia Tech Founders’ Council Kenneth W. Faulkner, IM 1950, also wanted to make a difference at Tech. In 2000, to honor his fiftieth reunion, Faulkner named the Georgia Tech Foundation a beneficiary of his retirement plan account. Showing his ever-keen sense of humor, he designated his commitment for scholarships for “HOPE-less” students. The HOPE scholarship is awarded to Georgia students who maintain at least a 3.0 GPA. Faulkner knew that a 3.0 is easier said than done at Georgia Tech. By graduation, 70 percent of eligible students have lost HOPE somewhere The late Ken Faulkner, IM 1950, along the way. Ken Faulkner died in 2005, and established a scholarship fund for this year eight students are the students who have lost “HOPE.” initial recipients of the Kenneth W. and Mary C. Faulkner Scholarships. Recently, at a luncheon honoring these students, his wife Mary Faulkner commented, “Ken would be so impressed with these bright young people and happy for his part in helping them with their Georgia Tech education.” Many alumni choose to make a planned gift as part of their fiftieth reunion commitment to Tech, and these estate provisions and lifeincome arrangements not only represent a substantial portion of fiftieth reunion class gifts, but also make a significant difference in Tech’s future. Pam Trube, director of the Reunion Giving Program at Tech, commented, “Jerry Johnson and Ken Faulkner are like many alumni who want to give back to Georgia Tech through a fiftieth reunion gift. As part of the gift planning process, each could quantify the advantages of his gift in personal finances and with tax savings. What cannot be measured, however, is the life-changing impact that these fiftieth reunion gifts will have on future generations of students at Tech.” n October 28, 2006, members of the Class of 1956 made a collective gift in honor of their fiftieth reunion. Of the $5.8 million raised, $1.33 million came from planned gifts: bequests, retirement plan beneficiary designations, charitable gift annuities, charitable remainder trusts, charitable lead trusts, and life insurance. Class of 1956 Founders’ Council members listed below made planned gifts of at least $25,000 as part of their fiftieth reunion gift. O Gerald R. Beck Harrold P. Bowen Richard W. DeVane Roland W. Fuentes Jere W. Goldsmith IV 2 Charles I. Hancock Harold E. Marcus Jr. J. Alan Neal John W. Parrott Oliver H. Sale John E. Sippel Joel C. Thornton Theodore R. Wirtz Richard Peters Club $1,000,000 to $5,000,000 (continued from page 2) The Georgia Institute of Technology gratefully acknowledges the following alumni and friends who have included the Georgia Tech Foundation Inc. and/or the Alexander-Tharpe Fund Inc. in their estate plans with non-contingent gifts of at least $25,000. Members of Georgia Tech’s Founders’ Council are recognized in the Gordy Dining Room of the Wardlaw Center on North Avenue. Donors who do not want an amount associated with their gift are listed as “Members At Large.” Names in bold indicate new members or members who have increased their planned gift for Georgia Tech in 2006. *Hugh W. Brannon, Friend *Julius L. Brown, Friend John H. Burson III, ChE 1956, MS MET 1963, PhD ChE 1964 Georgia Gaffney Burson and William R. Burson, ME 1961 A. Russell Chandler III, IE 1967 Donald L. Chapman, IM 1961 *Eugene M. Clary, BS 1932 William R. Collins Jr., ME 1957, MS IM 1963 Ann and Ralph Cooper Jr., ChE 1963 *Margaret M. and *Alton M. Costley, Class of 1925 Joel H. Cowan, IM 1958 Virginia D. Day, Friend The Newsletter of the Georgia Tech Founders’ Council Patricia J. and *William M. Digby, CHEM 1958 *Irene J. and *Robert G. Edwards, Class of 1944 Alvin M. Ferst Jr., IM 1943 Phyllis A. and David V. Fetters, IM 1965 *Louise M. Fitten, Friend *Harold W. Gegenheimer, ME 1933 William W. George, IE 1964 *S. Price Gilbert Jr., ME 1921 Joan S. and J. William Goodhew III, IM 1961 *Helene Latzko Gordy and *William L. Gordy, COM 1926 Thomas L. Gossage, ChE 1956, MS ChE 1957 Nancy R. and *Eugene C. Gwaltney Jr., ME 1940 *Dorothy R. and *Lloyd O. Harris, IM 1943 * Deceased Oliver S. Porter Club $25,000,000 + *Lee Edwards Candler, Friend *Lettie Pate Whitehead Evans, Friend *Irene K. and *George W. Woodruff, Class of 1917 Edward R. Hodgson Club $10,000,000 to $25,000,000 *Hazele E. and *Sidney Goldin, ChE 1930 M. Selma Nettles, Friend Patrick H. Nettles, PHYS 1964 Carolyn J. and H. Milton Stewart Jr., IE 1961 Judy D. and Stephen P. Zelnak Jr., IM 1969 Columbus Heard Club $5,000,000 to $10,000,000 CLASS OF 1956 LEARNS THE POWER OF PLANNED GIFTS Volume 5, Number 1 Jennifer Pepper Bailey, CERE 1970, MS CERE 1971, and David L. Bailey, IE 1969 Kathy T. and *C. Garry Betty, ChE 1979 Helen L. and James R. Carreker, EE 1969 John H. Morris, IE 1965 Robert F. Pinkerton, IM 1968 Richard Peters Club $1,000,000 to $5,000,000 The John E. Akridge III Family, ME 1968 Gilbert F. Amelio, PHYS 1965, MS PHYS 1967, PhD PHYS 1968 *Louis C. Bodenheimer, IM 1941 Pamela P. and Hoke S. Brannen Jr., IM 1967 continued on page 3 SMART ESTATE PLANNING WITH YOUR RETIREMENT ACCOUNT ost people don’t know that, at death, retirement plan assets can be taxed twice. Any distribution to a non-charitable beneficiary is taxed as ordinary income (of up to 35 percent) at the beneficiary’s income tax rate. When the surviving beneficiary of your plan is not your spouse, retirement plan assets can also be taxed if your estate is taxable (up to 45 percent). Naming the Georgia Tech Foundation or Alexander-Tharp Fund as beneficiary of your retirement plan account after your death is an effective tax-saving strategy for creating a legacy at Georgia Tech. Discuss some of the following tax-wise charitable planning tips with your advisors: • Name your spouse as the primary beneficiary of your retirement plan with the Georgia Tech Foundation as secondary beneficiary of the plan’s remaining assets after your spouse’s death. • Under your will, establish a charitable remainder trust to provide lifetime income for your spouse. After your death, the retirement plan assets will fund the trust. When your spouse dies, the trust remainder will create a legacy in your name at Georgia Tech. • Give children appreciated assets instead of retirement plan assets. Under current law, they could get a stepped-up basis and won’t pay income tax on the distributions. • Name the Georgia Tech Foundation as beneficiary of your account for a specific amount, for a percentage of the residual, or for the greater of a percentage of the residual and a specific amount. Make a provision in your will for a bequest for Tech that would be in effect only if the retirement plan assets have been depleted. M Spring 2007 Elaine M. Hubbard, MATH 1972, MS MATH 1974, PhD MATH 1980 *John P. Hunter and June Hunter Weitnauer, Friends John P. Imlay Jr., IM 1959 Lois A. and Herbert A. Johnson, IE 1952 Charles H. Jones, CE 1952 *Paul J. Kennedy, Class of 1923 A. J. Land, IM 1960 R. Kirk Landon, IM 1950 Joanne and Julian LeCraw, IM 1952 Consuelo and Jesus Leon, Class of 1974 George W. Levert, MS IM 1974 Sarah and William W. Lindsey, IE 1970 *Emma C. and *Robert J. Lowry, Friends *Mary Jane and Stuart W. Mackenzie, IE 1972 Jeanette S. and *William R. Maulding, IM 1957 *Sally C. and Fred L. McCord, IM 1948 Bruce McEver, IE 1966 Mavis S. and T. Wainwright Miller, CE 1952 Gordon G. Palmer, IE 1957 Robin and Albert N. Parker, IM 1958 Parker H. Petit, ME 1962, MS EM 1964 *Ewell G. Pope, IM 1949 Sherrill B. and *Brumley D. Pritchett, TE 1930 *Ralph N. Read, AE 1932 *Hazard E. Reeves Sr., ME 1928 Dorothy and *Chester Roush, ChE 1947 Deen Day Sanders, Honorary Alumna Delores A. and Phillip J. Scott, IE 1969 Earl L. Shell Jr., BC 1962 George F. Smith Jr., GE 1945 *Hal L. Smith, COM 1926 *Holman L. Smitha, Friend L. Terrell Sovey Jr., IE 1952, and W. Pierre Sovey, IE 1955 *Jefferson W. Speck, EE 1939 Hugh S. Spruill, IM 1952 *Elizabeth and *A. Richard Stirni, CE 1934 Beverly Thompson Swanson and Richard S. Swanson, Class of 1977 Jeraldine B. and *James R. Tanner, EE 1933 R. Joe Taylor, IM 1956 Michael E. Tennenbaum, IE 1958 *Wilma C. and *Newton W. Thomas, ChE 1935 Frank K. Webb, ME 1938 *Homer S. Weber, ME 1924 *Julia Gatewood Pearson Whitfield, Honorary Alumna *Carlton S. Wilder, CE 1959, MS CE 1960 *Julia B. and *Lawrence Willet, CE 1918 J. Kelley Williams, ChE 1956 Samuel Inman Club $500,000 to $1,000,000 W. Frank Blount, EE 1961 *Morris M. Bryan Jr., TE 1941 *Josephine L. Cloudman, Friend continued on page 4 3 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council Samuel Inman Club $500,000 to $1,000,000 (continued from page 3) William A. Coley, EE 1966 Charles K. "Pete" Cross Sr., IM 1950 *Kathleen M. and Robert W. Cruger, AE 1943 Donna W. and C. Richard Crutchfield, IM 1969 *John Baker Cutler, Friend Robert F. Donegan, IM 1947 Carmine D. D’Onofrio, ME 1936 Thomas A. Edwards, EE 1928 *Norman E. Elsas, Friend, and *Oscar Elsas, Class of 1890 Jeanne and *Robert H. Ferst, ME 1938 Mildred E. "Connie" and *Daniel Curtis Fielder, MS EE 1948, PhD EE 1957 Anne B. and Roland W. Fuentes, AE 1956 *Lawrence L. Gellerstedt Jr., ChE 1945 Naomi B. and Robert W. Gibeling, ARCH 1941 *Jack F. Glenn, GS 1932 Carolyn M. and W. James Goldin, IM 1954 Lynda J. and W. Johnson Gresham, IM 1965 Harold W. Harrison, EE 1943 Margaret M. and W. Richard Hauenstein, IE 1957 Mary Jervis Hayes and H. Craig Hayes, IM 1965 *Florence Hand Hinman, Friend *Marjorie A. Hollingsworth, Friend *Julius Virgil Hornstein, CHEM 1974, PhD CHEM 1978 Selma A. "Sally" Jabaley, CE 1974 Jeffrey T. Johnson, ICS 1985 *Theodore M. Jones, Friend Janice P. and *Charles K. Ligon Jr., IE 1959 *Charles R. Livingston, EE 1950 Marshall A. Lochridge, IE 1950, MS IE 1950 Philip W. Matos, ChE 1958 Dorothy A. and S. Howard McKinley, IM 1960 Linda S. and Allen C. Merritt, ChE 1967, MS ChE 1969, PhD ChE 1976 *Frances Mundy, Honorary Alumna, and *Jack Mundy, CE 1934 Andres E. Núñez Jr., CE 1975, MS CE 1977 Bonnie D. and David A. Perdue, IE 1972, MS OR 1976 Patricia F. and Donald S. Pirkle, IE 1958 James P. Poole, IM 1942 *Roy Richards Sr., ME 1935 William R. Rinell, IE 1963 *L. W. "Chip" Robert Jr., CE 1908 *Michael S. Robinson, Class of 1931 LuAnn T. Rockett, TEXT 1978, and Alan E. Rockett, MS IM 1978 *Peter A. Rose, PHYS 1949, MS IM 1950 Oliver H. Sale Jr., ME 1956 Stephanie A. and *Thomas T. Seekins, AE 1970 *Wesley Smith, Friend 4 The late Miona and W. Vernon Hassett, TE 1938, made bequests for the W. V. Hassett Scholarships for co-op students. Melvin W. Sorrow, IE 1959 *Margaret M. and *George B. Sprick, COM 1928 Charles P. Stephens, Friend Jane J. and James A. Stratigos Jr., EE 1974, MS EE 1980 Robert C. Sutton Jr., ESM 1973 Linda M. and G. Robert Tidwell, IM 1965 Virginia J. Wagner, Friend David I. J. Wang, MS ME 1953 *Edna R. and *William C. Wardlaw Jr., TE 1928 *Bert H. Wells Sr., ChE 1923 Mary P. and James W. Wesley Jr., IM 1955 James Fennell Williams, EE 1949 Wesley B. Williams, MGT 1988 *Kathleen and *Frank R. Woolford, CE 1924 Janet C. Wylie, CE 1977 Barbara B. and David H. Young III, IM 1963 Henry W. Grady Club $250,000 to $500,000 Bobby Joe Anderson, IM 1950 Tazwell L. Anderson, IM 1961 Louis F. Andrews, IE 1962, MS IM 1965 H. Wade Barnes Jr., BIOL 1971 *John P. Baum Jr., Friend *James F. Beall Jr., CE 1929 Marcus C. Bennett, IM 1959 *A. D. Black, ME 1893 Elwood P. "Doc" Blanchard, CHEM 1953 MS CHEM 1954 Harrold P. Bowen, IM 1956 Spring 2007 *Elizabeth C. and *James E. Boyd, Honorary Alumnus *Francis G. Brinson, GE 1929 *James C. Brooks, Faculty/Staff *Thomas M. Bryan II, TEXT 1950 Jean S. and David T. Camp, ChE 1980 *George A. Carey, ARCH 1927 *Oscar P. Cleaver, EE 1928 J. Abner Conner, CE 1966 *Georgia Handly and *Clifford A. Cowles, ME 1911 Albert W. Culbreth Jr., IM 1968 Thomas R. Daniel Jr., IM 1968 Clayton J. Davis, EE 1941 Esther S. and *Theodor J. de Vries, ChE 1944 *Sara Newsome Dennis and *Francis S. Dennis Jr., ChE 1943 *Calvin J. DesPortes Sr., EE 1921 *Robert B. Dodds, EE 1925 *George F. Dowman, COM 1924 George B. Dunbar Sr., Class of 1950 Bradley B. Dunn, EE 1951 *O. J. Dykes Jr., ME 1941 Robert C. Erickson, IE 1979 Mary C. and *Kenneth W. Faulkner, IM 1950 *William Parker Ferguson, ME 1918 *Frances C. and *Ernest A. Fort, CE 1924 Elizabeth L. Fortier, Friend Dot H. and Charles L. Fricks, EE 1968, MS IS 1970 *Bertha J. and *Thomas R. Gale, EE 1941 *S. Price Gilbert Sr., Friend Arnold I. Goldberg, ME 1950 Bobette and John A. Grant III, CE 1974 *Wallace J. Greene, GE 1927 Betty W. and James M. Grimes, IM 1957 Richard A. Guthman Jr., IE 1956 Joan N. and *David D. Hamilton, TE 1941 William L. Haralson, IM 1960 Jacquelin S. and John W. Harden Jr., IM 1969, BIOL 1974, MS BIOL 1976 *W. Clair Harris, Friend William L. Hartley, IM 1963 *Miona and *W. Vernon Hassett, TE 1938 Frances B. and Robert F. Head Jr., CE 1939 *Julian T. Hightower, TE 1919 *Leila P. Holleman, Friend *Wayne J. Holman Jr., EE 1928 *Arnold W. Holsenbeck, ME 1933 *Henry F. Hopkins, EE 1931 H. Scott Howell, TEXT 1951 *Mary M. Hunerkopf, Friend Hodge E. Jenkins, PhD ME 1996 Gerald Johnson Jr., CE 1939 Jerry S. Johnson, EE 1957 *William S. Kirkpatrick Jr., GS 1935 Louise Franklin Livingston and Harry W. Livingston, Friends David S. Lumpkin, PHYS 1976, MS IM 1979 John P. Lundblad, Friend continued on page 5 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council Henry W. Grady Club $250,000 to $500,000 (continued from page 4) Eleanor P. and Wilford C. Lyon Jr., IM 1958 Lynn C. Maddox, EE 1963 *Ronald L. Martin, IM 1968 Claude A. McGinnis III, ChE 1951 *Shirley C. Mewborn, EE 1956, and F. B. Mewborn II, Class of 1956 Teresita and Juan Antonio Michelena, ME 1962 *Paul William Miller, Friend Peter J. Mounts, IMGT 1980 Kevin P. Murray, MGT 1990 *Dorothy Walker Palmer and *Jackson F. Palmer, COM 1933 The Nicholas John Pappas Jr. Family, Friends *Evelyn and *Harman Wayne Patterson, ME 1912 *C. Marie Pierce, MATH 1967 Daniel E. Pittard, IM 1971 Ann T. and George L. Rice, IE 1954 Family of *Oliver H. Sale, EE 1926 Jane Williams Sides and Julian E. Sides Jr., NS 1946 *Hillyer S. Smith, IM 1943 Joseph F. Steed, BC 1974 Susan F. and William L. Thacker III, ME 1967 Elyene and Charles E. Thompson, IM 1962 *Russell A. Thompson, ARCH 1933 Kathryn B. and Roland M. Toups, ME 1960 MS ME 1961 Susan T. and R. Joseph Trammell, ARCH 1968 Peter J. Van Norde, AE 1943 *George E. Viereck, BS 1932 Albert O. Waldon, IM 1938 William B. White, IE 1959 Ethelene and Donnie Whittle, Class of 1958 Frank B. Williams Jr., TE 1949 *Myrtle E. and *John Hand Williams Jr., ME 1937 Paul H. Williams, ChE 1960 Carolyn Dusenbury Wylder, CE 1975, MS CE 1978, and John O. Wylder, ECON 1973 *Edmund B. Zachry, Class of 1913 M. Daniel Berman, CE 1957 *Everett Bernardo, ME 1942 John M. Bickerstaff, IM 1949 Teresa Warlitner Blackledge, MS IM 1982 Melissa Joiner Blanchard, MGT 1995 J. Dan Blitch III, IE 1953 Rebecca Ann and Robert Shelley Blount TEXT 1971 J. Donald Boggus Jr., MGT 1986 Benjamin G. Bowen III, IM 1968 Donald G. Bozeman, EE 1961 *Evelyn D. Browder, Friend Carey H. Brown, IE 1969 *Florence Haile Brownell, Friend William C. Burgess, IM 1971 Joyce K. and John A. Caddell, ARCH 1952 *Josephine C. and *James M. Cantrell, Friends Freeman H. Cary, Class of 1947 Valerie Hamer Chaffin, BMGT 1973, and M. H. Chaffin Jr., ChE 1968, MS NE 1969 Jane P. and W. David Christian, ME 1964, IM 1965 *Julia and *Howard E. Clements, EE 1931 *Alfred D. Cobb, IM 1961 Susan and Michael Cohn, Friends *Martha Merritt Cole, Friend F. Rigdon Currie, IE 1951 Daniel B. Curtis, ARCH 1958 Ann H. and Edward E. David Jr., EE 1945 *Oscar G. Davis, ME 1922 Duncan M. Dlugos, MS EE 1979 Robert A. Dobbin Jr., EE 1972 Robert A. Duffy, AE 1951 Wayne A. Eaves, Friend *W. Howard Ector Jr., IM 1940 Spring 2007 Geoffrey G. Eichholz, Faculty/Staff *Richard O. Elder, ChE 1945 Sue and Ken R. Entrekin, EE 1973 Edward Al Eppinger, ME 1960 Merle I. and James R. Fair, ChE 1942 *Victoria O. and *William E. Farnell Jr., Friends *Julia B. Fleet, Friend *James Swann Floyd, Honorary Alumnus Nita S. and Marvin H. Floyd, EE 1951 Robert F. Fowler III, BC 1982 *Lamar H. Franklin Sr., CERE 1936 Timothy D. Frier, Friend Marion B. Glover Jr., IM 1965 *Louis J. Goldin, Class of 1914, and *Max Goldin, Class of 1925 Jere W. Goldsmith IV, IM 1956 *Walter K. Graham, ME 1933 Bernard Gray, Friend Lesley Peterson Gray, EE 1991, and Brian J. Gray, EE 1990 Christopher O. Green, EE 1994 *Russell S. Grove Jr., IE 1962 *Watts Gunn, COM 1928 Dorothy L. and P. Frank Hagerty, Friends Mary L. and Jefferson W. Hall, EE 1991, MS EE 1992 *Louis L. Hamig, CE 1931 W. Jackson Hamilton III, IM 1966 *Francis R. Hammack, Class of 1923 W. Leon Hardeman, IM 1954 *Edythe J. and *Frank Hammond Hardin, Friends Robert A. Harley, Class of 1951 continued on page 6 J. F. Hanson Club $100,000 to $250,000 George Smith Adams, CERE 1949 Corlyn H. and Henry R. Adams, IM 1949 Constance A. and *Donato J. Altobelli, CE 1955 Jill Stewart Archer, MGT 1993 Richard D. Austin, IE 1957 *Grace H. and *Ewell I. Barnes, Honorary Alumnus James E. Bell, ME 1953 Leo Benatar, IE 1951 Michael L. Benoit, IM 1968, MS IM 1971 Founders’ Council members were celebrated and thanked at a November reception hosted by President Wayne Clough. About 200 members enjoyed the evening showcasing the new Molecular Science and Engineering Building. 5 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council J. F. Hanson Club $100,000 to $250,000 (continued from page 5) Max W. Harral, CP 1960 Emory F. Harris, AE 1959 Hubert L. Harris Jr., IM 1965 Marilyn Holland Harris, Class of 1960, and R. Clark Harris, AE 1959 *George W. Harrison, Friend *Sibyl Anthony Harrison, Friend Quill O. Healey, IM 1960 Elizabeth Wood Heery and George T. Heery, ARCH 1951 *Paul M. Heffernan, Faculty/Staff Gladys Camp Hiles and *John G. Hiles, IM 1950 Nancy N. and T. Mark Hodges, IM 1950 *Mary and *James E. Holland, Friends Robert Hollifield, Friend Julia West Horton and Earl C. Horton, Class of 1939 Constance P. and Dan E. Hunt, IE 1963 Hugh F. Hunter, AE 1943 Sammy Lee Huntley, IMGT 1984 E. Dennis Huthnance, PHYS 1964, MS MATH 1966, PhD MATH 1969 Raymond Inglett, EE 1949 J. Russell Ivie, IM 1958 Charles A. Jackson Jr., IM 1962 Nancy C. and E. Dunbar Jewell, TEXT 1950 *Bobby L. Johnson, Friend Calvin D. Johnson, MSCI 1973 William S. Johnson Sr., CHEM 1944, MS CHEM 1949 *Donald C. Johnston, TE 1937 *Charles A. Jones Sr., TE 1904 *Fannie B. Jones, Friend J. Lamar Jordan, IM 1950 *Eleanor B. and John B. Kackley, CE 1937 Thomas Michael Kaney, CE 1961 *Fred M. Kaufman, Class of 1947 Hallie R. and James M. Keel, CE 1976, MS CE 1983 *John E. Kelley, BIOL 1976, MS HS 1977 Willard Kells, IM 1959 Patricia C. and Jack R. Kelly Jr., Class of 1960 Anthony H. Kepano, IMGT 1986 Jean A. and Roland E. Kinser, ME 1955 *Bruce J. Korten, Class of 1944 *I. L. Kunian, TE 1934 John E. Lagana, IE 1968 E. Cody Laird, ME 1957 *Neill H. Lassiter, EE 1930 Richard S. Lawrence, IM 1961 Selma and *Clement D. LeHardy, ME 1933 *Betsy and *James F. Leware, CE 1957 Jean C. and Frank D. Lewis, AE 1943, MS ME 1959 Adams D. Little Jr., IM 1953 Donald G. Loggins, IE 1953 Judy L. and Fowler H. Low, IM 1954 John "Jack" S. Markwalter Jr., IMGT 1981 Robert E. Mason, IM 1960 *R. E. Matthews, Friend James H. Maughon, CE 1968 Katy Peterson Maxwell, MATE 1995, and Philip T. Maxwell, IE 1994 Patricia and Joe A. Mayes, CE 1957 C. Scott Mayfield Jr., GMGT 1973 Henry E. McAuliffe Jr., Class of 1941 *Passie May and *George W. McCarty, ME 1908 Georgia Tech’s Gift Planning staff: Peter Ticconi, Ann Dibble, Louis Rice, and Lauren Kennedy, INTA 2003. 6 Spring 2007 David M. McKenney, PHYS 1960 Joseph P. Byrd III, GE 1938, and Susan Byrd Merrill, Friend *Buck Mickel, CE 1948 Marjorie S. and James D. Miller, IE 1949 *Walker G. Miller, IM 1951 *Bruce H. Milligan, EES 1975 John V. Miner Jr., CE 1946, MS CE 1948 M. George Mitchell III, ME 1968 William E. Moore Jr., EE 1966 Ray N. Moses, AE 1964 J. Alan Neal, IE 1956 Juanita W. and William J. Oakes Jr., AE 1946 Sherry and Robert M. Oenbrink, CE 1970 James E. Patterson Jr., IMGT 1975 Larry W. Pearson, IM 1970 Pattie N. and Wilbur F. Peck Jr., CE 1954, MS CE 1961 Thomas E. Perrin, CE 1949 Ronald O. Pohl, AE 1969 William H. Pridgen, GMGT 1972 Jessie and *Ralph W. Pries, ME 1940 Kline S. and William A. Reed, IE 1957, MS IE 1963 *Carl J. Reith, Honorary Alumnus Julie T. and David A. Reynolds, AE 1970 George P. Reynolds, ChE 1955, MS ChE 1957 *Joseph D. Rhodes, Friend Donald W. Richardson, AE 1951 *Neil W. Riley, ARCH 1927 Pat and N. Allen Robertson, IE 1969 *R. Corson Rose, CERE 1943 Mark G. Samuelian, IE 1985 *Michael L. Sappington, IE 1970 Judith H. and Clifford J. Schexnayder, CE 1967, MS CE 1972 F. William Scott, ME 1938 Andrea and Charles T. Seay II, ME 1963 Janice W. and Robert L. Seldomridge, ChE 1953 *Eunice Pitt Odom Semmes and *George Wingfield Semmes, ME 1910 Family of *Lee M. Sessions, COM 1925 Thomas A. Sizemore II, IM 1965 *Charlie F. Skannal, EE 1928, and *Robert B. Skannal, Friend William M. Sloan, CE 1959, MS SANE 1965 *Maurice F. Smith, COM 1933 Rush S. Smith Jr., PHYS 1972 J. Gary Sowell, IE 1973 Francis N. Spears, CE 1973, MS CE 1980 George N. Spring Jr., ChE 1938 Stanley P. Steinberg, ARCH 1954 Jeb M. Stewart, Class of 1991 *George W. Stradtman, IM 1942 *James A. Strickland, Faculty/Staff Jo Anne P. and Neal D. Stubblefield, ME 1979 Martha and *J. William Summerour, EE 1947, MS IE 1947 *James P. Swann, COM 1920 continued on page 7 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council J. F. Hanson Club $100,000 to $250,000 (continued from page 6) Bernard W. Taylor III, IE 1970 Howard T. Tellepsen Jr., CE 1966 Frank R. Tetterton, IM 1971 *Robert H. Tharpe, COM 1934 Patricia H. and Joel C. Thornton, CE 1956 *Edwin B. Turman, ChE 1936 Nat S. Turner IV, APHY 1980 E. Turner Warmack, IM 1950 Dorsey M. Watson Jr., Friend *Celeste D. and *A. Sigmund Weil, EE 1922 Alan L. Weinberger, AE 1959 John H. Weitnauer Jr., IE 1949 Warren O. Wheeler, EE 1963 *Davis E. Williams Jr., IM 1947 Lamae S. and James R. Williams Jr., GMGT 1972 *Monroe John Willner, EE 1950 Raymond Willoch, IM 1955 Geraldine G. and Theodore R. Wirtz, IM 1956 Virginia B. and *James G. Wohlford, EE 1941 Eunice S. and Byron G. Wolford, IE 1957 *John H. Woodall Jr., Class of 1938, and Henry H. Woodall, Friend Anderson M. Wren, INTA 1999 Barbara T. and Douglas E. Wren, IM 1969 JoAnne F. and Thomas L. Wright, IM 1957 *Charles R. Yates, GS 1935 William R. Ziegler Sr., IM 1941 Nathaniel E. Harris Club $25,000 to $100,000 *Robert S. Abbott, Class of 1906 Wendy H. and Lawrence J. Aldrich, CE 1974 D. Scott Allen, IE 1993 Charles W. Almand, BC 1959 *William O. Alt, ME 1935 J. Neil Anderson, ME 1972 Kelly Glore Anderson, MGT 1996, and Ralph L. Anderson III, IE 1997 Susan Dunwody Andes, IMGT 1983, and Robert C. Andes Jr., PSY 1984, MS IE 1987 Rodney L. Arroyo, M CP 1982 Gerald J. Ashkouti, ME 1973 Carwin F. Avant Jr., CERE 1968 Christopher G. Bagby, EE 1972 E. Jo Baker, Faculty/Staff Johnnie B. and *Peter L. Bakkum, CE 1949, MS CE 1950 Marguerite and Jack Baldwin, ChE 1946 Neal E. Baldwin Sr., TEXT 1970 James C. Barber, ChE 1938 Kimberly Krabe Barnes, IMGT 1984 Curtis W. Bazemore, BIOL 1975 Gerald R. Beck, IM 1956 Richard B. Bell, IM 1961 Jacqueline G. Bentley, EE 1984, and Tsali Bentley, EE 1983 *Dorothy and *Frank Birkett, Friends C. Clint Bolte, IE 1967 Kathleen S. and G. Niles Bolton, ARCH 1968 *Arietta Bostain, Friend *Frances S. and *Edward C. Bosworth, ME 1929 Brittney Wright Bottoms and David A. Bottoms, MGT 2001 Gary T. Bottoms, IMGT 1975 Henry C. Bourne Jr., Honorary Alumnus Elizabeth Gordy Brandt and Robert S. Brandt, IE 1953 Emily and James E. Breland Jr., CE 1967, MS CE 1968 *LeNeil N. Broach, Friend *George H. Brooks, MS IE 1951, PhD IE 1965 Sonja and John G. Brooks, IM 1970 Henry P. Browder, CHEM 1952 Charles R. Brown, BC 1962 Jeffery L. Brown, MGT 1991 Karen L. and Neil T. Brown, IE 1978 Spring 2007 Randy M. Brown, IMGT 1974 *Joseph H. Bryson, ARCH 1928 John Q. Bullard Sr., IM 1943 *Hugh S. Burnes Sr., TE 1941 Jan and David Burriss, ARCH 1979 Ernest L. Bush, IM 1970 Jonah J. Byer, ARCH 1952 Louis Thomas Cain Jr., Friend *Leslie G. Callahan, Faculty/Staff Steven H. Caller, BC 1963 William B. Campbell, CERE 1958, MS CERE 1960 *Joseph A. Campoamor, Friend James M. Cantrell Jr., ME 1957 *Sam Carastro, EE 1950 Robert A. Carl, ME 1940 *W. Walton Carter, MSM 1995 William C. Castleberry, IM 1963 *Gene H. Cates, IM 1954 *Dave Center, Class of 1936 Deborah and James R. Chambers, CE 1968, MS CE 1969 Thomas C. Champion III, EE 1977 continued on page 8 INCLUDE GEORGIA TECH IN YOUR ESTATE PLANS onors are encouraged to designate their estate gifts for the Georgia Tech Foundation or for the Alexander-Tharpe Fund (to support the Institute’s intercollegiate athletic programs). Both are 501(c)(3) organizations that receive and manage private contributions for the benefit of Georgia Tech and have more flexibility in investments and distribution of funds than does the Institute. If you would like to make a bequest for Georgia Tech, include the following language in your estate plans: D I give and bequeath ______% of the residue and remainder of my estate (or the sum of _________ dollars, $______________) to the Georgia Tech Foundation Inc., a Georgia charitable corporation, for unrestricted support of the Georgia Institute of Technology. You can designate your bequest for a named endowment to support your school or college, or to support a specific purpose like scholarships or graduate fellowships. Please contact our gift planning office at 404.894.4678 for details. Our gift planning professionals are available to consult with you and your advisors about charitable gifts and how they can best be used by Georgia Tech. 7 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council Nathaniel E. Harris Club $25,000 to $100,000 (continued from page 7) William E. Cherry, IE 1970 J. Kerry Clayton, IE 1968 Ruth E. and William N. Clyatt, GS 1937 James W. Cofer Jr., EE 1967, MS EE 1969 Anne B. and Wayne H. Coloney, CE 1950 Robert M. Compton, ME 1955 Cheryl R. and J. Brant Conner, TEXT 1968, MS TEXT 1969 William R. Cook, CE 1975 *Alice Spencer Coon, Friend Timothy Andrew Cotter, IE 1995 Barry W. Covington, IM 1965 William G. Cox, EE 1963 *William S. Cox III, ChE 1940 H. Barry Coyle Jr., ARCH 1972 Richard E. Craig Jr., Friend *Thomas M. Craig, IM 1963 *Argyle C. Crockett Jr., CE 1938 *William C. Cromer, IM 1940 *Doris D. and *Caleb P. Crosby, IM 1941 Albert W. Culbreth III, MGT 2001 J. Charles Curry Jr., IE 1958, MS IM 1972 Harold O. Davidson Jr., ME 1947, MS IE 1948 *Charles Miller Davis, IM 1955 *Wink A. Davis Sr., COM 1934 *Frank de Peterse Jr., TE 1938 Richard W. DeVane Jr., ME 1956 Ann W. Dibble, Friend *Kate McCalley Dickey, Friend Humbert W. Dicristina Jr., IM 1955 Terry C. Domm, ME 1967, MS ME 1972 Curtis L. Doster, ME 1990 Katherine B. and William W. Dowdy, ChE 1954, MS ChE 1963 Gerald R. Downey Jr., IM 1970 *Georgia D. and *Clarence B. Drennon Jr., ChE 1931 *E. Rembert DuBose, ME 1948 *Burt L. Duncomb, Friend *Duane L. Duncomb, BC 1969 *Barnwell S. Dunlap, Class of 1938 Eugene C. Dunwody Jr., ARCH 1985 George F. Dunwody, Friend Harold A. Dye, CERE 1940 Joseph T. Dyer, IE 1969, MS ICS 1971 Charles F. Easley Jr., IM 1986 P. R. Easterlin Jr., CE 1963 Charles Bertram Eidson, MGT 1997 Joseph W. Evans, IM 1971 *Conrad E. Faust, COM 1918 *James M. Feagle, CE 1938 *Dakin B. Ferris Jr., Class of 1950 *Henry L. Fisher Jr., PhD NE 1973 *Thomas T. Flagler Jr., GS 1937 *Raymond K. Flege, Faculty/Staff Terry C. Fox, IE 1968 Thomas J. Fox III, IM 1957 *Wilfred V. Fox, IM 1964 Richard L. Frame Sr., IM 1962 Lisa N. and Jan E. Fridrichsen, NE 1980 Raiford S. Futch Jr., IM 1965 Frank E. Löffler, the Carlton S. Wilder Associate Professor of Environmental Microbiology and Engineering, shows Jane Wilder his laboratory in the School of Civil and Environmental Engineering. The late Carlton S. Wilder, CE 1959, MS CE 1960, named the Georgia Tech Foundation a beneficiary of his retirement plan account, and his wife Jane established a professorship honoring Carlton’s work in water quality. 8 Spring 2007 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council Nathaniel E. Harris Club $25,000 to $100,000 (continued from page 8) To honor his fortieth reunion, Mary Jervis and H. Craig Hayes, IM 1965, established a charitable remainder trust with a gift of real estate. The gift was made in memory of Craig’s father, Herbert B. Hayes, Class of 1933. Thurston D. Futch III, EE 1986 William F. Gannon Jr., IE 1970 William G. Garrett, Friend Leon O. Gaskins, IM 1949 Constantinos C. Georgiou, ChE 1956 *Jack H. Gilbert, CE 1922 Geoffrey C. Gill, IM 1964 Helen C. and James T. Glass, CE 1961 Bernie J. Grablowsky, CE 1966, MS IM 1968 Reggie S. Graham, MGT 1993 *W. Emily Graham, Friend Glenn A. Gray, EE 1988 Helen B. and *Thomas H. Green Jr., ChE 1949 *Mary F. Greenawalt, Friend Alton D. Greenway Jr., IMGT 1986 Lovic P. Greer Jr., EE 1942 R. Page Griffin, TEXT 1950 Jacqueline S. and Charles W. Groover, IE 1954 Douglas F. Hale, EE 1987 Herbert O. Hamby, IE 1959 Charles I. Hancock, ME 1956 John L. Hancock, ChE 1948, MS ChE 1949 *Sue K. and *Charles T. Hardman, Friends Michael K. Harrell, IE 1970 Thomas E. Harris, EE 1974 William A. Harvill, ME 1968 *Luther B. Hawkins Jr., ChE 1948 *Charles A. Hays Jr., IM 1962 continued on page 9 *Paul O. Hebert, Friend *Walter J. Hecht, Friend Margaret and W. Hugo Heidenreich, IM 1948 Richard J. Heinicka, ICS 1985 Harvey A. Helman, IE 1970 Ulysses V. Henderson Jr., CHEM 1950, PhD CHEM 1954 Richard M. Hensley, CE 1977 Bart S. Henson, CE 1964, MS CE 1965 *Charles N. Heston, ME 1944 Allison C. Hickman, MGT 1989, and Michael S. Hickman, CE 1989 Patrick H. Hickok, IE 1970 John A. Higley Jr., IE 1966 *Margeret and Albert J. Hill, ME 1932 Patricia M. and Lansford M. Hill, Friends Samuel N. Hodges Jr., CE 1943 Thomas E. Hogan, CE 1962 Brian D. Hogg, IM 1961 Neca J. Holley, IE 1986 K. Eugene Holly, AE 1946 Larry W. Holmes, IM 1966 Jeffrey A. Howard, MGT 1992 *Frederick A. Hoyt Sr., Friend John J. Hudiburg Jr., EE 1951 Kenneth E. Hyatt, CE 1962, MS IM 1966 Alice D. and *J. Leland Jackson, GS 1935 *John B. Jackson Jr., IM 1945 Joseph F. Jackson, IM 1965, MS IM 1971 *Zell P. Jackson, Friend James S. Jarrard, CE 1986 *Charles M. Jenkins, Class of 1924 Christine and David A. Johnson, EE 1987 E. Calvin Johnson, EE 1947 Robert E. Johnson, IM 1960 Thomas B. Johnson, MGT 1993 Ann Drake Johnson and *W. Lloyd Johnson Jr., ChE 1943, MS ChE 1947 *David O. Jones, IE 1971 Sammie N. and Fred L. Jones, IE 1951 *Opal Ward Jones, Friend Stephen M. Jordan, IM 1971 *J. Calvin Jureit, CE 1949 *Henry D. Kahrs, CE 1920 *Vera Watson Keisling, Friend Stephen A. Kendrick, IE 1988 Ronald J. Kern, ICS 1984 Willa Davis Kerr, BIOL 1973, and Wayne E. Kerr, BIOL 1973, MS BIOL 1974 Marianne H. and John P. Kidd, IM 1962 Douglas W. King, IMGT 1981 *Mary and *George L. Kirkpatrick, TEXT 1951 *Fred B. Kreidier, CE 1914 Jane and James L. Kunberger, Friends *Clarinda P. Lamar, Friend Scott A. Lambert, IE 1986 J. Mark Lancaster, IMGT 1985 Spring 2007 *Margaret McDow MacDougall and *Robert L. MacDougall, GS 1925 Richard A. Mahoney, Class of 1984 *Philip J. Malonson, AE 1950 Harold E. Marcus Jr., IM 1956 Stuart B. Marschall, CE 1964, MS SANE 1968 *Ann Bernard Martin, Friend Christine S. and James L. Martin Jr., IM 1966 Michael E. Last, EE 1987 James Charles Leathers, ME 1955 Robert H. Ledbetter Sr., IM 1958 W. Chase Ledbetter III, IMGT 1979 Alan G. Lee, MGT 1986 John L. Lee Jr., CE 1968 Marla B. Litz, IE 1982 Larry Lord, ARCH 1965 Howell K. Lucius, CE 1961, MS SANE 1961 James K. Luck III, IM 1970 Gloria and Kenneth A. Lundberg, CERE 1953 continued on page 10 PRIME EARNING YEARS … SEEKING RETIREMENT INCOME? eferred payment charitable gift annuities help meet the challenge of finding a steady and guaranteed source of income in retirement. With a deferred payment charitable gift annuity, you make a gift now while you are in your top earning years, and you receive an immediate income tax charitable deduction. The payments are deferred to any time you choose after you have turned 65. The longer the deferral period, the higher the rate will be and the larger the charitable deduction. Once the payments start, you will receive guaranteed fixed income for the rest of your life. After your death, the residual of your gift will establish an endowment in your name, your legacy for Georgia Tech’s future. The minimum age for an annuitant is 50, and the minimum gift is $25,000. Payments cannot begin before age 65. Annuities can be funded with cash or publicly traded securities. If your spouse is a secondary annuitant, the annuity rate will be lower. D $25,000 Deferred Payment Charitable Gift Annuity Current Annuity Age Deferred to Age 50 50 55 55 60 60 65 70 65 70 65 70 Rate Annuity Amount Charitable Deduction 12.8% 17.9% 9.9% 13.8% 7.7% 10.7% $3,200 $4,475 $2,475 $3,450 $1,925 $2,675 $13,074 $15,143 $12,403 $14,622 $11,386 $13,819 Amounts above are approximations and will vary depending on date of gift, the age of annuitant, and the deferral period. A portion of annuity could be considered tax-free return of principal. Contact Gift Planning at Georgia Tech (404.894.4678) for a gift illustration customized for you. 9 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council Nathaniel E. Harris Club $25,000 to $100,000 (continued from page 9) Michael J. Maslaney, EE 1978, MS EE 1979 Robert P. Matson Jr., IMGT 1972 Jay M. McDonald, IM 1968 Robert P. McDonnell Jr., MS CI 1986, MSM 1991 *William M. McEver, Friend *John A. McFarlane, COM 1934 *Donald S. McKay, Class of 1925 *Daniel A. McKeever, EE 1932 Patrick J. McKenna, IE 1974 *William R. McLain, Class of 1941 *Alice K. McTerney, Friend Henry E. Meadows, EE 1952, MS EE 1953, PhD EE 1958 Luzia Reggio Melli, Friend Edward H. Metzger III, CE 1980 Dan A. Metzler, ARCH 1972 James A. Gantt, IM 1948, and Lois Gantt Miller, Friend *Rhea Hirsch Montag, Honorary Alumna *Thomas Edward Moodie, MS AE 1934 William P. Moore, AE 1966 *Adrian S. Morris, COM 1929 Roger C. Murphey, Friend *Fred J. Murphy, IM 1961 Rosemary D. and *Ronald M. Murray, EE 1941 Alice S. and *William M. Newton, Faculty/Staff Benito J. Nickelsen, CE 1934 Tim Norris, MATH 1977, MS ICS 1982 *Dennis D. O'Brian, AE 1938 Ronald K. Ogletree, TEXT 1969, MS TEXT 1970 Jill I. Ord, IE 1986 Ruben F. Owen, AE 1966, MS AE 1971 John W. Parrott, ChE 1956, MS ChE 1958 *Robert S. Paschal Jr., ME 1947 Stephen F. Patterson, EE 1989, MSM 1991 Joseph F. Payne Jr., GMGT 1973 *G. David Peake, IE 1961 Steven W. Peek, IMGT 1980 *Michael L. Percy, Class of 1968 Oscar N. Persons, IE 1960 *Weller A. Phillips, ChE 1943 Thomas J. Pierce Jr., ChE 1961 L. Richard Plunkett, Friend Bill R. Poland, ME 1967 Donnlee H. Poole, Friend Ted N. Poolos, Friend *James T. Porter, ChE 1943 Ruth A. and J. W. Porter Jr., EE 1964 Olin Crawford Pound III, IE 1979 *William J. Proctor, Faculty/Staff *Robbie K. and *R. McBride Pryor, CE 1943 Clifford W. Rackley, ChE 1949 J. Lamar Reese Jr., IM 1955 *Lucia Y. Reeves, Friend Raymond H. Reynolds Jr., IE 1988 Betty Ann Rhodes, Friend 10 William R. Collins Jr., ME 1957, MS IM 1963, created a charitable lead trust, the income from which supports the Alexander-Tharpe Fund and the College of Management. Collins is pictured with daughter Karen Collins Thurman, IM 1982, and grand-daughter Claire Thurman, Class of 2010. W. Clint Rhodes, Friend Sandra F. and Louis W. Rice III, Faculty/Staff John Edward Richards, Friend *August W. Rickenbach, ME 1927 George G. Riles, IM 1970 Kenneth A. Roberts, BC 1977 *Josephine Crawford Robinson, Friend John F. Rogers Jr., IM 1951 Frank E. Roper Jr., IE 1961, MS IE 1962 Mary Bennet Dunwody Rose, MGT 1994 Glenn A. Rosen, IMGT 1985 *Josephine M. Rowland, Friend Theodore W. Ruskin Jr., IE 1973 Richard C. Russell, ChE 1955 Bruce J. Sams Jr., IM 1951 Carol Elizabeth and Laurence E. Sanders, CE 1974 Henry C. Sawyer, IE 1964 David W. Seckinger Jr., IMGT 1975 Michael H. Segala, EE 1987 Polly B. and Roy C. Sheffield, ChE 1961 Margaret H. “Peg” Shelton, Faculty/Staff William T. Shelton, EE 1951 Robert M. Shulman, IM 1969 Joseph C. Siffri, MGT 1991 Dell B. Sikes, IM 1961 Debra Ann and Irving Silver, IMGT 1972 Spring 2007 John W. Simmons Jr., EE 1988 Reid W. Simmons, IM 1970 Allan Boyd Simpson, IE 1970 Marilyn M. and George Sinkez, CE 1952 John E. Sippel, EE 1956 David R. Smallwood, MATE 1993 *L. Carl Smith, ME 1931 *Malcolm Bowman Smith Jr., Class of 1932 Jean A. and Robert H. Smith, ARCH 1952 Kenneth Snuggs, IE 1995 W. Clayton Sparrow Jr., PHYS 1968 *Frank R. Speer, IM 1959 Bettye Z. and Nelson Spoto, ARCH 1952 *Julian C. Stanley Jr., Friend William J. Stanley III, ARCH 1972 *John C. Staton Sr., EE 1924 *Howard J. Stemm, CE 1929 Amelia L. and George A. Stewart Jr., AE 1969 Jerry L. Still, IM 1962 *Earl W. Stradtman, IM 1945 William B. Swint, IE 1969 Jim Bob Taylor, IMGT 1982 Scott E. Taylor, IE 1984 Emily H. Tilden, IE 1978, MS IE 1979, and Mark D. Tilden, ARCH 1977, M ARCH 1979 continued on page 11 Brittney and David A. Bottoms, MGT 2001, a former President’s Scholar, established an endowed fund to support President’s Scholars. David will make gifts to the fund over his lifetime and has included an estate provision for additional funding. Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council Nathaniel E. Harris Club $25,000 to $100,000 Members at Large (continued from page 10) George E. Bailey, TEXT 1950 Monica Bailey, IMGT 1986 Sandra J. and John C. Barrow Jr., IE 1962 L. Travis Brannon Jr., IM 1949 Joseph P. Brooks Jr., IE 1968 Elizabeth B. and Larry J. Byars, ME 1966, MS IM 1968 Venice H. and Frank M. Carryl, Friends Carol W. and Wallis G. Cobb Jr., IE 1950 Toni and M. Clark Cook Jr., IM 1958 Jerome M. Cooper, ARCH 1955 Barry G. Cowart, IMGT 1985 Reid P. Eastburn, MGT 1993 Andrew E. Farkas, Class of 1969 Matilda B. and *Charles B. Fontaine, EE 1934 Richard L. Francis, MS IE 1962 Maurice H. Furchgott, AE 1945, MS IE 1951 David C. Garrett Jr., IM 1955 Mark D. Tiller Jr., MGT 1992 Charles E. Tinsley III, ME 1968 *Leon A. Tolve, ME 1938 *Albert V. Toney, Class of 1939 Sandra C. and Charles F. Touchton, PHYS 1957 Lynda L. and *M. Daniel Troxler Jr., TEXT 1958 Ardath S. and William T. Underwood, ChE 1950 *William J. VanLandingham, IE 1959 Elizabeth Y. and Fred H. von Herrmann, EE 1968 *Guy T. Ward, Class of 1934 Robert H. Ward, CE 1982 Samuel Joseph Ward, IM 1951 John T. Wardlaw, Class of 1944 *Jack L. Ware, EE 1929 J. Robert M. Warren, IE 1986, MBA 2005 R. Reagin Warren, EE 1948 * Minta J. Wear, Friend *Robert D. Weathers, IM 1961 Gary H. Webb, IE 1974 Jon J. Welkey, CE 1965 *J. Joe Westbrook, COM 1929 Susan and Ronald T. White, IE 1970 Wallace E. White, IMGT 1967 *Dolores Dean Whiteside and David P. Whiteside, CE 1942 Debra Massara Whitlock, IE 1984, MS HS 1993, and Steve A. Whitlock, IE 1985, MS OR 1988 *Robert B. Wilby, EE 1908 *Nell and *E. Davis Wilcox, ARCH 1935 *Claire C. and *Thomas Atwood Wilder, ME 1926 *Silas H. Wilkinson, Class of 1933 *Terrell Wilkinson, Class of 1938 *Herbert A. Williams Jr., EE 1933 James A. Williams Jr., EE 1981 Philip L. Williams, TEXT 1970 Robert E. Williams, IE 1951, MS IE 1960 Thomas F. Williams Jr., ME 1950 Barbara T. and Frank M. Willis Jr., IM 1953 Rachel L. and A. Duane Wills, IM 1955 Doris E. and John K. Wimpress, AE 1946 Robert R. Winchester, ME 1960 *Joyce H. and *Thomas E. Winter, AE 1959, MS IM 1962 *Bruce J. Wittschiebe, CE 1978 *Louise M. and *Robert E. Wolf, IM 1955 Freddie Wood, TEXT 1953, IE 1953 Charles L. Woodyard Jr., EE 1980 J. Lamar Wright, IE 1968 *Peter Wright, IE 1949, MS IE 1956 Thomas L. Wright Jr., IE 1985 John A. Wurz, ARCH 1958 Brian W. Wynne, MGT 1989 Spring 2007 F. Vreeland George Jr., CE 1950 Frank C. Grubbs, IE 1965 Richard R. Gunter, EE 1950 Shirley B. and Thomas B. Gurley, EE 1959 Joseph L. A. Hughes, Faculty/Staff Susan E. and Frank Inman Jr., CE 1959 Samuel P. Jones, CE 1968 Kim Ellen Keating, ME 1981 Linda and Wayt King, EE 1981, MS EE 1982 Karen J. K. Larsen, MSM 1990 William D. Lathbury, ARCH 1951 Anne M. and Robert H. Ledbetter, ME 1964 Patricia M. and Robert N. Lehrer, Faculty/Staff Olive D. and Guy J. Lookabaugh, CE 1952 Patricia M. and Richard H. Maddux, IM 1943 Frank H. Maier Jr., IM 1960 continued on page 12 IN THE FOUNDERS’ FOOTSTEPS lanned gifts have been important to Georgia Tech since its earliest days and they continue to play a vital role in helping Tech attract and retain outstanding students and faculty, in strengthening academic and athletic programs, and in improving campus facilities. Bequests and other planned gifts are one of the greatest sources of funding for Georgia Tech. These gifts stabilize the Institute’s financial foundation and help secure its future. With each new generation of alumni, the tradition of building endowment further strengthens Georgia Tech and perpetuates a legacy of giving back to the Institute. If you have made an estate or trust provision for Tech, please let us know. While unexpected gifts are a wonderful and thoughtful surprise, we would very much like to be able to honor your commitment and thank you in person today. If you are interested, we can introduce you to current students and help you to reconnect with faculty and ongoing campus research. Those who create bequests for Georgia Tech are wonderful role models, and every Founders’ Council member provides an example to other Georgia Tech supporters. Current students learn from this example and are inspired to continue the tradition for future generations. If Georgia Tech is aware of your estate gift, our gift planning professionals can work with you and your advisors to ensure that your interests and intentions are clearly understood and followed. Georgia Tech thanks members of Founders’ Council for their generosity in establishing these critically important provisions for Georgia Tech’s future. P 11 Volume 5, Number 1 The Newsletter of the Georgia Tech Founders’ Council Spring 2007 Members at Large (continued from page 11) CENTENARIAN TOM EDWARDS, EE 1928, HAS GIFT ANNUITIES BY THE DOZEN ast June, after returning from a cruise to the Amazon with his wife Evelyn, Thomas A. Edwards, EE 1928, celebrated his 100th birthday and marked nearly three decades of making planned gifts to Georgia Tech. What makes Edwards’ support unique among Tech alumni is his creation of twelve charitable gift annuities since 1998, all for the School of Electrical and Computer Engineering, where his gifts will one day establish the Thomas A. Edwards Endowment Fund. “Charitable gift annuities have In 2006, Thomas A. Edwards, great appeal,” said Edwards. “I support Tech with gifts of lowEE 1928, celebrated his 100th basis GE stock and save on capital birthday and twelfth charitable gains tax while earning guarangift annuity with Georgia Tech. teed quarterly income for life.” Charitable gift annuities provide an immediate income tax deduction and a guaranteed lifetime income stream for the donor and/or the donor’s spouse. For example, a onelife gift annuity funded with $50,000 cash, with an annuitant age 80, will provide an annuity of approximately $4,000, with more than half of the income tax free. The gift generates a charitable income tax deduction of more than $25,500. Tom Edwards came to Georgia Tech from Florence, Alabama. He built a distinguished four-decade career with General Electric, retiring in 1968 as GE’s manager of utilities in Pittsfield, Massachusetts. A licensed engineer in seven states, Edwards was actively involved in civic affairs during his time in Massachusetts, serving for many years as chairman and moderator of the Board of Selectmen in Richmond, Massachusetts. He also served as a trustee of Berkshire Medical Center in Pittsfield. The Edwardses live in Lake Worth, Florida. A charter member of Founders’ Council, Edwards was inducted into the College of Engineering Hall of Fame in 1995. L 12 Gerald D. McInvale, IE 1967 Joan Engel McMahon and Peter W. McMahon, AE 1966 Arch J. McNeill Jr., ChE 1952, MS ChE 1956 Wade T. Mitchell, TEXT 1957 Gisela and William Moy, IM 1954 Ellen and George Nemhauser, Faculty/Staff Lula G. and John I. Oatts, EE 1952 Kevin S. Ooley, IE 1991 Stuart A. Peebles, Friend Nancy and Hal Peek, ME 1976 Susan B. and Graeme D. Plant, ME 1948 *Myra W. and James C. Platt Jr., TE 1938 Jack C. Poole, ME 1971 Anthony J. Priest, EE 1988, MS IE 1990 Cecilia S. and Charles J. Radford, IE 1952 Ernest C. Rieth, IM 1960 J. Richard Roberts III, IM 1969 Thomas N. Saffold, IE 1950 John M. Schreeder, PHE 1940 Donald V. Shillington, CE 1972 B. Jane Skelton, IM 1977 John E. Smith II, IM 1958 Anna M. and Milton A. Smith Jr., IMGT 1978, MSM 1997 Isis and Francisco A. Soto, ME 1962 J. Steve Tasker, IE 1960 Theo Elliott Taylor and *Robert J. Taylor III, EE 1945 James A. Thorne, IM 1971, MS IM 1973 *Hal B. Tucker, EE 1949 Robert W. Tyson, CE 1951 Timothy E. Waller, MATH 1970 Patricia and Bertram S. Warshaw, CE 1949 Deborah Nash Willingham, IE 1978 *Edwin F. Womack Jr., ME 1964 D. Richard Worsham, ChE 1968 Founders' Council members are listed as of December 31, 2006, according to the most up-to-date information available. If you find an error or omission, please accept our apologies and let us know so your name may be correctly listed in the future. founderscouncil@dev.gatech.edu or 404.894.4678 Copyright 2007 • Georgia Institute of Technology • Institute Commuications & Public Affairs • T0745033 • An equal education and employment opportunity institution