50th class reunion giving
The 50th anniversary of your graduation from Augustana is a time to become reacquainted with the College, renew friendships, and celebrate the Augustana community. As you return to campus for your class reunion, we hope you will consider how your reunion gift can help make the Augustana experience as unique and meaningful for today’s students as it was for you. Your class's 50th reunion gift will represent a lasting legacy that reflects how Augustana has shaped and enriched your lives.
Giving opportunities at a glance
How can I make my 50th reunion gift?
What type of gift is right for me?
Class of 1963
Goal — $250,000
Raised — $418,270 (through May 9, 2013)
Augustana welcomes many kinds of gifts and commitments as part of a 50th reunion gift, including outright gifts such as cash or stock and philanthropic arrangements including will provisions (bequests), life-income gifts (such as charitable remainder trusts and annuities), as well as simple planned gift options such as 401k, IRA, or life insurance beneficiary designations.
What counts in the special 50th reunion gift?
All gifts and pledges (restricted gifts for current operations or endowed funds, planned gifts including 401k/IRA beneficiary designations, bequest commitments, gifts to the Augustana Fund, etc.) made during a five-year period, beginning
Nov. 1 following the 45th reunion and leading up to the 50th reunion celebration, count for the 50th reunion gift.
Documented non-contingent will or trust provisions and retirement plan commitments from alumni in the 50th reunion process are counted at face value. Some bequests and trust provisions provide that Augustana will receive a certain percentage of the estate or retirement plan. In these instances, a good-faith estimate from the donor of the current value of the College’s share is used to determine the gift value.
Irrevocable life-income gifts such as charitable remainder trusts and gift annuities (where the donor receives payments for life) count at full face value. Other planned gift arrangements will be valued at the current dollar amount of the College’s interest.
Household commitments from alumni spouses in different classes may be counted at half face value in both classes' 50th reunion gift totals.
Other important things to keep in mind
Generally, a class’s 50th reunion fund will be made up of estate provisions and other planned gifts that will come to the College in the future as well as outright gifts that are available to Augustana right away. Both future gifts and outright contributions may be applied to a purpose as determined by the donor and the College, or gifts may be made without restrictions.
During planning for the 50th reunion, classmates are asked to continue their support of the Augustana Fund and also to consider an additional gift in honor of the 50th reunion to commemorate this once-in-a-lifetime milestone celebration.
50th reunion goals
While the 50th reunion gift is an important expression of the class’s appreciation for Augustana, the overall goals for the 50th also include:
- Achieving robust attendance of alumni and spouses at Alumni weekend activities
- Ensuring that alumni and spouses have a spectacular time at their reunion
- Creating a class gift that reflects the enthusiasm and warmth that the 50th reunion class has for Augustana