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1969 Grad Looks at How the University Has Grown

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Doris (BS '69) and Robert (BS '63) Albertson

By Chelsea Tuttle, Communications Intern

Remembering the Past

The university has certainly gone through several makeovers since Doris Albertson (BS '69) was a student back in the 1960s.

"When I was in school, there were not as many buildings or as much landscaping on campus as there is today. I used to cross fields to get to my math classes in the barracks," she says.

Doris started her college career as a math major, which was primarily a male-dominated field at the time. She frequently found herself "fighting with the guys" despite her skill in numbers and equations. She did some reevaluating and switched her major to elementary education through the Teachers College, recognized nationwide for its comprehensive programs.

"During my time at Ball State, the majority of students were here for teaching. It's so fascinating to return to campus and see all of the different career paths students can enter into now," Doris says.

Three days after graduating, Doris was offered a teaching position in Dekalb County, Ind. Eventually, her career path changed when she started work as a trust officer at a bank dealing with estate planning and charity. During her time working at the bank, Doris met her husband, Robert (BS '63).

Doris had a niche for working with foundations in the Fort Wayne area and had a passion for philanthropy. She also became actively involved in Ball State's DISCOVERY group, an organization of women who collaboratively grant funds to projects that impact Ball State students and faculty.

A Visit to Ball State at Present

It had been many years since Doris had been on campus when she attended the Ball State University Foundation's annual Summer Social for gift society members and retired faculty last summer. She was astounded at the way campus had grown in so many different ways.

At the event, Doris had a chance to mingle with college friends, enjoy cool refreshments on a warm day, and listen to a carillon concert from Shafer Tower. Another highlight was a tour of the David Letterman Building, including behind-the-scene views of Indiana Public Radio, as well as NewsLink, Sports Link, and WBST Public Radio Station, which are student-run media organizations.

Doris remembers hearing about the newest building on campus being named in honor of David Letterman. She recalls the late night host mentioning how incredibly impressive it was to see how great the building was in size and that they didn't have "that type of equipment in New York."

Planning for BSU's Future

Doris has always been dedicated to and continuously supported her alma mater. Watching Ball State develop into a nationally recognized university is something she is proud of as an alumna. To continue her support, she and her husband made the decision to leave an unrestricted gift in their will to help advance the educational mission of the university.

"I'm proud to be a part of the promising role of education to the next generation," she says. "Creating a bequest through your will is a simple way to support Ball State in the future. It's also flexible because you are not actually making a gift until after your lifetime and you can change your mind at any time."

Because of donors like Doris, Ball State is able to offer opportunities for students to have the best higher education possible - now and in the future.

eBrochure Request Form

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A charitable bequest is one or two sentences in your will or living trust that leave to Ball State University Foundation 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 Ball State University Foundation, a nonprofit corporation currently located at 2800 W. Bethel Avenue, Muncie, IN 47304, 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 the foundation 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.

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 the foundation 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 the foundation 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 the foundation where you agree to make a gift to the foundation 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

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