Messages from Manley Society Members in the Class of 1958

Lois C. Langtry
I was able to attend St. Lawrence on a scholarship and I have always felt that my years there made a world of difference in my life. When I first began to think in terms of wills and estate distribution, it seemed only right to make sure that the funds for scholarships for future Laurentians would be continued. For those of us who can live comfortably in our adult years, we often can thank our college degrees for allowing us to attain some financial security. What better way to pass this legacy on than to make sure future generations have access to this same education by making sure there are funds available?

Kenneth A. Maylath
My gift annuity with St. Lawrence is a “win-win” situation. I created the annuity with stock I purchased 30 years ago. Selling some or all of it would have generated a giant capital gain problem. By using it to create the gift annuity, I receive more income than if I had kept it. It generated a big tax deduction for the year and I spread out the remaining capital gain liability over a period of years.

Robert V. Lyle
Some years ago I wanted to create something of lasting value to St. Lawrence so I named the University as the owner and beneficiary of a life insurance policy. My family was at a point where the life insurance was not really needed. The gift was extremely easy to structure. The ongoing premiums are automatically withdrawn from our bank account and the premiums are tax deductible. This
gift also made sense for me in that it was not necessary to disturb any other family financial commitments or plans.

Peter Van de Water with wife Becky '60

Peter Van de Water
Atwood Manley was our friend and neighbor on Judson Street when we first moved to Canton. Becky and I had been receiving Manley Society mailings for several years, but did not feel ready to make a commitment until a year ago. We wanted to make a major gift to St. Lawrence and we decided that it would be good to supplement our annual income as well. We owned appreciated stock, and giving it to St. Lawrence avoided some capital gains and provided a sizeable charitable deduction on our income tax. All in all, it was a good way to help our alma mater and help us, too.

Lennie Dougherty McKinnon
From my arrival on campus in 1954, I knew that St. Lawrence was a special place. I chose the school because of its size, location, and the happy faces in the viewbook. Little did I know that it would provide me with a quality education, lifelong friends, and a rich scrapbook of memories. The professors sparked my desire to learn, my friends provided love and support, and the scrapbook filled quickly. The university is part of the fabric of my life. I met my husband at St. Lawrence, and our three children and one son-in-law graduated from St. Lawrence. 

This web page does not provide legal or financial advice, nor is it intended as a comprehensive review of the topic. You should consult your attorney, tax advisor and St. Lawrence before making or planning your gift.