The Bequests & Trusts Program
The Dartmouth Bequests & Trusts Program received $13,927,438 in 1987 to set a record high for the second year in a row. The total for life income gifts this year was also a record-breaking $5,922,525.
A third record was set in the number of donors who made additions to their life income trusts at Dartmouth—73. Such confidence in the quality of the management of these trusts is rewarding and encouraging.
A thoughtful and generous bequest of $264,206 was received as an endowment for undergraduate scholarships last year from the estate of Howard L. Ropes '03 of Watertown, New York. Mr. Ropes, the oldest living Dartmouth alumnus, was 104 when he died in 1986.
The Bequest Program represents the collective caring for the future welfare of the College by an increasing number of thoughtful Dartmouth men and women. Bequests and trusts are the most personal form of charitable giving, and Dartmouth is profoundly grateful to those who have remembered the College in their estate planning.
Chairman Alumni Council Committee on Bequests & Trusts
THREE LARGEST BEQUESTS
Donor Amount College Purpose Roy C. Demmon 1939 $1,317,663* Unrestricted J. Richard Townsend 1923 476,286* General Purposes James E. Traquair 1926 474,660 Scholarships * additional distribution from donor's estate subject to a life income plan
THREE LARGEST INCOME GIFTS
Plan Amount Eventual College Purpose Unitrust $ 1,000,000 Unrestricted Unitrust 958,004 Medical School Unitrust 477,656* Landscaping *additional gift to existing trust
A RECORD TOTAL FOR 1987
Realized Bequests (43 new, 20 additions) $ 5,638,478 Dartmouth Life Income Plans (70 new, 73 addtions) 5,922,525 Special Program Gifts (148) 1,918,282 Income from Non-Dartmouth Trusts (921) 448,153 Total Receipts from All Gifts (375) $13,927,438
Gordon K. Wentworth '40 wasnamed 1987 Class Bequest Chairmanof the Year.
Retiring staff member Robert L.Kaiser '39 (left) was honored byFrank K. Ettari '46, President of theBequests Chairmen's Association.
