Meet Our Donors
We thank all our planned-gift donors for their generous support. Here are some of their stories.
Clarence S. "Butsy" Lovelace '40
"My charitable gift annuity with Gilman enables me to donate a substantial tax-deductible charitable gift and use the income for a specific purpose while I still live."
Establishing a charitable gift annuity with Gilman School allows Clarence S. "Butsy" Lovelace '40, age 92, to accomplish two goals: to arrange a significant deferred gift the School and, using his tax-free lifetime annuity payments, to help his granddaughter Leah purchase her first apartment in San Francisco. "Someday Leah may no longer need the money," he says, "but Gilman always will.
George D. Solter '38
For the Love of Lacrosse
The Hon. George D. Solter '38 adored the game of lacrosse. He cherished the game so much that he would often be found on the sidelines at Boys' Latin, St. Paul's or Gilman, just watching. Throughout the course of more than 50 years, a family member might be on the field – son Ritchie Solter '61 at Gilman, or later one of four grandsons. More often than not, though, he was there to watch the game for the love of the sport.
"I can remember him telling me—when he was well into his eighties," says Ritchie Solter, "that he was going to watch Gilman play Boys' Latin or St. Paul's or whichever team was visiting. He would ask if there was any chance I could stop by. When I could, I would find him on a bench at the top of the hill watching the sport he loved at the field he loved."
Edward Muhlenfeld '61
"I almost think I could have skipped college and been as articulate and interested in the world and capable of pursuing a career just from there," says Edward Muhlenfeld '61. "Gilman taught me how to write, how to think logically, how to speak in public—things that you carry with you all your life."
An active philanthropist, Muhlenfeld directs his charitable giving to Gilman and the Phoenix 100 Rotary Club, the two organizations that mean the most to him, as well as to national and local veterans' groups. He and wife Linda recently put specific elements in their trust for several of these organizations, including Gilman.
Their planned gift will probably be their largest single gift to Gilman, and they know that it will be used to change lives in ways that show visible, direct and consistent results. "It's a way for us to be able to help others after we're gone," he says. "We feel that the people on the ground there know how to best [spend the money], and needs change.
John H. Claster '63
By establishing two planned gifts to benefit Gilman School, John H. Claster '63 achieved several philanthropic goals.
He created a charitable remainder unitrust-with John receiving an income for his lifetime and the principal designated to the School after the trust's termination-which allowed him to make a larger gift with more impact than had he given an outright contribution.
A bequest provision in his will helps John ensure that Gilman will be able to continue its legacy and tradition of excellence in education for future generations. Most importantly to John, he is able to memorialize his parents through the fund that his gift will ultimately create, for without them, his own Gilman experience would not have been possible.
Matthew W. Wyskiel III '87
Matthew W. Wyskiel III '87 holds the honor of being one of The Grasshopper Society's youngest members. He engaged a professional firm to write his first Last Will and Testament in his early twenties, just out of college at Williams. At that time, before marriage, before kids, he determined to leave a percentage of his estate in bequests to the three educational institutions that mean the most to him: Calvert School, Williams College and, of course, Gilman.
"I think it's very sensible for someone coming out of college to have a will. You work your whole life and you want to guide your assets to where you want them to be," he says. "I wanted to take control; I didn't want to let a random third party decide how to distribute my estate."
Though he has revised his will as his family has grown, Wyskiel has left those charitable bequests in place. And, in his early forties, he's not in a rush for Gilman to realize his gift.
"Maybe my grandchildren or great-grandchildren will be at Gilman when my bequest kicks in," he says with a grin.
Katharine Finney Baetjer Hornady
"Gilman School has educated many generations of my family including my father, three brothers, sons, husband, and now my grandsons. I have seen the individual attention gifted teachers have given my grandsons at pivotal points in their development and their resulting achievement. Today, I enjoy the concerts, assemblies, art shows, and athletic events my grandsons take part in. I especially appreciate the Lower School's Parent Picture Project because it gives me "a window into the classroom and a connection with my grandsons' classmates." The timing was right for me to create a gift plan that allows me to give appreciated, but low-yielding stock in exchange for a guaranteed and higher rate of fixed income. Establishing a charitable gift annuity to benefit Gilman School was an easy decision as it creates an income stream for my lifetime. I was also able to designate how the gift's residuum will be utilized. The charitable gift annuity is a way for me to support the School while at the same time a benefit comes back to me.