The College has received nearly $2,170,000 through estate and financial plans, including:
$1,959,922 in trust distributions, with the largest -$1,957,754 – coming from the late S. Wellford Corbin '30. Additional trust distributions came from the estates of Eugene Hellmich '23 and Franklyn Millham '32 for scholarships and from Ferdinand Helm '37 for unrestricted use.
More than $86,000 for scholarships came from life income distributions received after the deaths of William M. Wheeler '36 and Louis D. Miltimore '29.
A total of $101,179 was received in gifts for life income programs, including $80,000 for charitable gift annuities and $21,179 for pooled fund agreements. The gifts came from William V. Johnson '44, to benefit the Memorial Chapel Fund; Robert L. Slobod '35, for unrestricted use; Robert E. Groundwater '43, for the Schaffer Library Endowment Technology Fund; and Virginia Fisher, to establish a scholarship in memory of her husband, John H. Fisher '52.
An endowed scholarship of $25,000 in memory of William Gietz '49, a gift from his widow, Barbara Brugh, has been established through the proceeds of the sale of an undeveloped lot in Williamsburg, Va.
Recent gifts to benefit scholarships at the College have come from:
Ms. Marjorie Hayden, a friend, established the Charles P. Steinmetz Endowed Scholarship ($25,000);
William M. Wheeler '36 contributed towards the William M. Wheeler Endowed Scholarship ($17,127);
Frederick F. '38 and Janet Fagal started the Henry C. Fagal Endowed Scholarship ($25,000);
Lewis W. Hallenbeck '40 completed funding for the Hallenbeck Family Endowed Scholarship Fund in memory of J. Potter Hallenbeck '10 and Robert P. Hallenbeck '42 ($14,000).
Other recent gifts and pledges include:
Dr. Hans '74 and Janet (Dwyer) Black '74 contributed $15,000 to establish the Hans and Janet Black Endowment Fund;
Dr. George Braff '66 contributed $25,000 towards the Braff Challenge in recognition of his thirtieth reunion Annual Fund gift;
Benjamin A. Brown '35 pledged $20,000 to support the renovation of Schaffer Library and the National Endowment for the Humanities Challenge.
The GE Fund matched $145,792.32 in gifts from Union alumni. The fund's directors approved full matching of the gifts even though the total exceeded the fund's cap of $100,000 for annual gift matching for a single institution.