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Planned Giving

 
 

Questions?

  • Please contact Seth Speyer, Executive Director of Planned Giving at 202-885-3411 or speyer@american.edu.

  • Office of Development and Alumni Relations
    4400 Massachusetts Avenue NW
    Washington, DC 20016

     

 
Mailing Address

Alumni Couple Supports AU Athletics

Loren Danielson, Kogod/BSBA '80, and Jamie Danielson, CAS/BA '81

Jamie and Loren Danielson

Jamie and Loren Danielson

Loren Danielson, Kogod/BSBA '80, and wife Jamie, CAS/BA '81, speak of American University as others might of extended family. It's an apt comparison: The couple's connections to the AU community run deep.

Loren joined AU's wrestling program after being recruited by School of Education, Teaching, and Health professor Robert Karch, who grew from coach and mentor to family friend. Loren, a business administration major, met Jamie, an education and psychology major, in a humanities course. With help from fellow wrestler and AU trustee Alan Meltzer '73, Loren landed his first job at investment firm Ferris & Co.—now RBC Wealth Management in Washington, D.C., where he serves as Senior Vice President. Loren and Jamie, a teacher at the Harbor School, married in 1984 and settled in Bethesda, Maryland, where they raised sons Collin and Matthew.

The couple have supported AU Athletics for more than 30 years. They attend nearly every home match and make regular, annual leadership donations to the wrestling program.

Over the years they've come to know many wrestlers personally. "They're great kids; they work hard-academically and as athletes," says Loren. "In getting to know AU's student-athletes, you can't help but want to support them." In addition to their annual support, the couple have made provisions in their charitable estate plans to establish the Loren and Jamie Danielson Endowment. Their generous gift will ensure the lasting quality of AU wrestling: a program that's already produced one national champion and 16 All-Americans.

This article originally appeared in the April 2014 issue of American magazine.

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to American University 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 give to American University, a nonprofit corporation currently located at 4400 Massachusetts Avenue, NW, Washington, DC 20016, or its successor thereto, ______________* [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 AU 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 potential 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 may qualify for a federal income tax charitable deduction when you itemize. 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 AU as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. 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 AU 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 AU where you agree to make a gift to AU 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.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.