Meet Our Donors
We thank all our planned-gift donors for their generous support. Here are some of their stories.
BLEEDING GOLD AND BLUE
When you start attending Mountaineer games at age seven, as Don Hoylman did with his aunt, and enjoy the excitement of them, you are likely to get hooked for life.
"Since the 1950s, I've only missed one home football game and have attended a lot of away games and bowls," he says.
Early on, Don appreciated the need for private support for the Athletic program. While he continues giving each year, Don and his wife Marcella have also chosen to include gift provisions in their wills and to set up an income-producing gift with the WVU Foundation.
"I thought a gift in my will was a good way to pass on some of what we have received in life so that others can benefit from it," he says. "Plus, the income-producing gift assures us of extra income now and future support for Athletics all in one."
Don's career has centered on the coal mining industry. Don was the president of Industrial Resources in Fairmont for 56 years and operated three affiliated companies: West Virginia Electric, Victory of West Virginia, and A. L. Lee Company. The entities' staffs designed, furnished and installed materials handling systems and processing plants for the coal and mineral industries. Marcella handled the bookkeeping responsibilities for many years.
Don and Marcella are proud that all three of their children are WVU graduates. They've also chosen to provide support for the College of Human Resources and the College of Business and Economics because their daughter is an educator and Don wants to encourage young entrepreneurs. They are all-around WVU supporters!
HAPPY WITH A GIFT THAT PAYS INCOME
"When our 41-year-old son passed away, we wanted to find a way to honor him at WVU," says Richard Moore '54. Dick and his wife Gayle decided to support cardiac research and felt that it was also appropriate to do that through setting up two income-producing gifts with the WVU Foundation.
"I know I asked a lot of questions when I did the first one," Dick recalls. A retired commercial contractor with 50 years' experience, he wanted to be sure the gift arrangement would live up to his expectations for retirement security first and research funding later. His WVU accounting degree also helped him to evaluate the option.
"Yes, we were looking for long-term return for the two of us," Gayle says. "Plus using stocks that had increased in value meant we wouldn't have to pay capital gain taxes, so that was a 15% savings. And getting a tax write-off for 40% of the gift was good too."
Before setting up the gifts, Dick reviewed financial projection reports provided by the Foundation staff. They showed the estimated benefits from the gifts and assured them of a special way to remember their son Mark. He had taught undergraduate classes at WVU after earning his 1988 medical physiology master's degree.
"Definitely, this has worked out well," says Dick.
A SCHOLARSHIP LEGACY
David Kurtz '81, '85 is a man of many interests. Working for the U. S. Bureau of Public Debt in Parkersburg, David also finds time to attend Mountaineer sports events with family and friends, teach a constitutional law class at WVU-Parkersburg, and ride his motorcycle to various points on the map.
"I am proud to be a West Virginia native and a WVU alum," David said.
Those thoughts motivated him to include a special gift provision in his will to create a scholarship fund with the WVU Foundation. "I feel that, in some respects, having my name connected with an on-going scholarship for a deserving WVU student is a better way to be remembered than just about anything else."
As WVU's enrollment grows, more worthy students need scholarship support. "This is a way for me to help future West Virginians long after I am gone," he said. "I know that my family will be taken care of, but I also want to use a portion of what I've earned to set up a lasting legacy at this institution that means so much to me."
"I want to leave a portion of my estate for the long-term betterment of my state, and helping WVU is a good way to do that. Although I have a master's in public administration and a law degree, I have never been motivated by money," David said. Education has always been important to him, as evidenced not only by his degrees, but also his eight years of Wood County Board of Education service and his teaching career.