Eugenia Curtis made her first donation to UT in 1944, the year she graduated. The loyal donor hasn’t missed a year of giving since then. Although the gifts have varied in size, she has supported UT for 70 consecutive years. More
Woman’s Best Friend
Ann Helderman Vaughan’s beloved cat, Gauguin, inspired her to give to UT. She created a research endowment to help prevent, diagnose and treat the disease that took her cat’s life and spare other pet owners from the emotional toll she experienced. More
The Gift to Fight Diabetes
Diabetic complications drained the life out of his father and grandfather. So Raja Shekhar Gangaraju's fight against the chronic disease is personal. His weapons of choice: a lab coat; a high-tech, sterile workspace; test tubes; and other state-of-the-art tools... More
Grateful patients Mickey Coleman, Mack and Jonnie Day and Dorothy Gerwin lived simply so they could give big. They saw the need to forge uncharted health frontiers at the UT Health Science Center, so they gave munificently throughout their lives. More
Sisterhood, Service, Scholarship
By making a generous gift to support the University of Tennessee at Chattanooga, Kim White'82 created a legacy of active kindness that she could see while still alive. She connects the ambition and ability of students with their own potential... More
Buck Vaughn: Living to Serve
Buck and Linda Vaughn want to leave the world a better place. With the belief in the ineffable good of people, they continue their family's profound compassion, integrity and tireless commitment to philanthropy in the Knoxville community... More
Music to Their Ears
A rousing chorus of brass, percussion and wind instruments served as background music for Mike and Nancy Berry's first meeting. Both joined the band as undergraduates at the University of Tennessee, Knoxville. More
'Mecca' Teaching Award Inspires Professor Beyond the Classroom
More than a decade ago, UT Martin alumnus James Cunningham made a generous gift to establish an outstanding faculty award. Meet one recent award recipient and learn what makes his teaching style so powerful. More
A War Fought Together in the Place They Call Home
After a lifesaving double-lung transplant, a couple extends their gratitude to the place where they met and now call home, helping future generations of young people seek out their goals and dreams. More
Legacy of Memphis' First Black Surgeon Lives
During his impressive career, Dr. Edward Reed became the first black surgeon in Memphis. Methodist Le Bonheur Healthcare honored the late Dr. Reed by establishing a scholarship fund in his name at the UTHSC College of Medicine. More
'Making Nurses' is Bobbie Lovell's Special Calling
After losing her only child, Bobbie Lovell found her ultimate calling-"to make" nurses by establishing an endowed nursing scholarship in memory of her daughter, Connie, who graduated from the UT Knoxville College of Nursing in 1993. More
Artfully Giving: Longtime Curator Leaves a Legacy
Elaine Altman Evans, longtime curator at the McClung Museum of Natural History & Culture, designated a great part of her estate to the university. Inspired by her generosity, Museum Director Jeff Chapman... More
Live to Give: Georgia Alumni Turned Proud Mocs Create UTC Nest Egg
Although Fred White and his wife, Sheri Fox, earned their undergraduate degrees elsewhere, the couple feels strongly about supporting UTC. Their appreciation for the university located in their "backyard"... More
'Easiest Decision' Aids Next Generation of Nurses
A member of the College of Nursing's first graduating class, Rita Freeman Silen has a deep commitment to serving the disadvantaged. It's her hope that her future gift to the college will help others also pursue mission work. More
Lifelong Student Invests in Next Generation
Although he officially retired at 63, Dr. Harold Pryor (UTK '51) has never stopped serving the cause of education. His service includes creating a charitable gift annuity at UP to benefit future teachers. More
Lifetime of Loyalty to Nursing at the Health Science Center
Dianne Greenhill (UT Memphis '62, UT Knoxville '73) feels great loyalty toward UT, where she was first a student and later, a professor. She has demonstrated that loyalty through years of service and several planned gifts. More
UT Alumna Builds Legacy for College of Communication
Jackie Cavnar (UT Knoxville '94) worked three jobs to pay her tuition at UT. But the education was worth every penny, and she recently established a planned gift to ensure that future students will benefit from a UT education. More
From Andy Holt Scholar to UTC Philanthropist: Giving Back Comes Full Circle
After a scholarship changed her life, Nancy Collum (UTC '78) resolved to do the same for future UT students. But Nancy’s ties to her alma mater run deeper than her support of scholarships. More
An Enduring Love to Make UT Martin an "Even Better Place"
Mary Jo '52 and Lew Dougherty '54 feel a connection to the University of Tennessee. They have included a bequest in their estate plans and established a charitable remainder trust to help transform the lives of future UT students. More
Waterfront Paradise Translates Into Scholarships for UT Business Students
LaVerne and Dale Culbertson '54 lived their dreams as they built and owned Stardust Marina and Resort. Now they are helping UT Knoxville students live their dreams with a bequest to benefit business students. More
Rooted In Giving Back—UT Honors Jim and Sandy Powell With Tree Planting
For almost a year, longtime supporter of the University of Tennessee Jim Powell worked on a secret project that would honor Sandy, his bride of almost 55 years. He finally told her what he had been up to: He made a $1 million gift commitment... More
Roofer's Legacy Shelters Dreams of Engineering and Architecture Students
For Victoria Vest and Ryan DeLozier, the cost of tuition at UT left them with very real financial concerns regarding their educations. The Don Tinsley Engineering Scholarship changed that. More
Planting Seeds of Service at the Health Science Center and Beyond
Dick Gourley has felt an urge to help people all his life, which led him to become a pharmacist. Now he's helping future pharmacists by making a bequest in his will that will set up an endowed scholarship at UT. More
Real Estate Plus Deed Transfer Equals Faculty Support
Inspired by her son's success after graduating from the University of Tennessee, Libba Wall created an endowment to honor her son, Jimmy Dudley, by making a gift of real estate. More
A Tale of a Tree and Two Pennies
To call Mike Littlejohn a tree hugger is exaggerating things quite a bit, but he does like trees, especially one very significant tree on the campus of the University of Tennessee, Knoxville. More
The Gift of an "Angel" to the College of Nursing
Betty Clark knew at an early age that she wanted to become a nurse and help others. She never waivered from that path, and now she's helping ensure that others are able to achieve their dream of a nursing career. More
Devoted to UT: Engineer Leaves Largest Bequest Ever to Physics
James McConnell will never know how he helped make a dream come true for Olga Ovchinnikova. His generous gift to the UT Department of Physics and Astronomy and the College of Engineering will make a difference in the lives of many students... More
CauseForce Executives' Generosity Recognized in Iconic Ayres Hall
"It is absolutely critical to train Tennessee kids to compete in the global marketplace," says Chad Goldman '93, vice president of marketing at CauseForce. And with the help of his partner, Brian Pendleton, president of CauseForce, he is... More
Lady Mocs Passion Pushers
Mary Jane and Dean Heavener are not your average fans. They build their calendars around women's basketball games and travel when the team plays away from home. Their commitment to the team comes through in the cheering and the hugs... More
Drawing Between the Lines With Editorial Cartoonist Charlie Daniel
The University of Tennessee counts itself fortunate to be the recipient of a lifetime of cartoons donated by Charlie Daniel. As part of a collection for the UT Libraries, his work can now be enjoyed over and over. More
Making the "Good, Great" for Marco Institute and Theatre
"Most of what I have comes from my days of working at UT. And now it is time to give back and help make the good great," says Dr. Stuart Riggsby. Learn how he did it in a simple and smart way. More
Never Forget: Holocaust Survivor Completes Circle of Life by Giving Back
Manny Steinfeld fled Hitler’s Germany at age 14 and arrived in America able to speak only 10 words of English. From there he transformed his life into one of progress and success. Today he is helping UT students achieve their goals with scholarship support. More
An Educator's Obligation: 72 Years of Giving and the University of Chattanooga Alum Says "I'm Still Indebted"
Serving as the superintendent of schools in White Plains, New York, Johnson surprised many in the urban school district when he—a Southern gentleman—supported integrating the school system. More
In the Search for Good
David and Vera Mefford not only built their academic and professional career on his extensive research of The Hartman Value Profile, but they eventually built their company and lives based on its principles. More
A Life Saved and a Dream Fulfilled
Circumstances and determination brought Don Riley to the University of Tennessee Health Science Center and his profession as a radiologist. But the outstanding, life-saving care his daughter received cemented his commitment to give back by including UT in his will. More
Retired Professors Receive the Greatest Gift in Giving Back to UTC
While Dr. Joseph A. and professor Mary B. Jackson have accomplished a lot in their lives and received many awards, there is no award, they say, that will ever capture the depth of "our love, passion, gratitude and pride" for UTC. More
Beyond Degrees: Giving Back to the UT Family
Warren Carmichael (UT Martin '72) credits University of Tennessee at Martin with much of his success in life. In thanks, Warren and his wife, Pat, are helping others achieve their goals with gifts in their will in support of various areas at the university. More
Dr. Helen Moorehead Remembers UT Health Science Center
"I fondly remember the conferences and seminars I attended and how they offered me such a wealth of knowledge during my studies," says Dr. Helen Moorehead. Now she has established a trust to be used for travel awards... More
A Legacy of a Daughter's Smile and Songs
A research endowment has been established at the University of Tennessee Health Science Center in loving memory of the daughter of June (UT Memphis '92) and James Larrabee. More
A Gift of Beauty: Tate Endowment Benefits the Frank H. McClung Museum
With a gift from the estate of the late Peggy Huesman Tate, the university established an endowment to benefit the Frank H. McClung Museum. Peggy's generous bequest will be used for exhibits, acquisitions and educational programs at the museum. More
Devoted to UT: Gifted Teacher Leaves Bequest for Professorships
Just as Charles Postelle was devoted to the mountains, art and teaching, he was also devoted to UT. Learn how the late professor passed his values on in a simple and smart way. More
UTC's Biggest Fan Is Hard to Quiet
Milly Fariss (UTC '47) dedicated two decades of her life volunteering for the University of Tennessee Chattanooga Athletics after a 35-year career as a statistician at Tennessee Valley Authority. More
Charles Youngerman Supports UT Martin College of Agriculture and Applied Sciences
UT Martin alum Charles Youngerman, pictured with his late wife, W. Kate Youngerman (UTM '57, UTK '59), has established a charitable gift annuity benefitting the College of Agriculture and Applied Sciences at UT Martin. More
Bequests for Scholarships
In 1930, the late Tom Dunlap earned the Faculty Freshman Scholarship award given to the University of Tennessee's most outstanding male student at the end of the freshman year. More
Term of Years Trust
Dr. Rodney Y. Wolf, along with fellow Memphis physician Robert J. Kaplan, gave a generous gift to allow the University of Tennessee to build a recruiting hospitality center for use on game days and a site for university special events throughout the year. More
The Retirement Unitrust
Many donors use charitable remainder unitrusts as a way to supplement their income. The income from a unitrust is determined yearly based on the value of the trust assets. More
Please note these articles were written on earlier dates, and content may not be current, but its relevancy and impact are still applicable.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
A charitable bequest is one or two sentences in your will or living trust that leave to The University Of Tennessee a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.
an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan
"I, [name], of [city, state, ZIP], give, devise and bequeath to The University Of Tennessee [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
able to be changed or cancelled
A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.
cannot be changed or cancelled
tax on gifts generally paid by the person making the gift rather than the recipient
the original value of an asset, such as stock, before its appreciation or depreciation
the growth in value of an asset like stock or real estate since the original purchase
the price a willing buyer and willing seller can agree on
The person receiving the gift annuity payments.
the part of an estate left after debts, taxes and specific bequests have been paid
a written and properly witnessed legal change to a will
the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will
A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to UT or other charities. You cannot direct the gifts.
An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.
Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.
Securities, real estate, or any other property having a fair market value greater than its original purchase price.
Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.
You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to UT as a lump sum.
You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to UT as a lump sum.
A beneficiary designation clearly identifies how specific assets will be distributed after your death.
A charitable gift annuity involves a simple contract between you and UT where you agree to make a gift to UT and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.