Class Gift

June 2022

Dear Classmates,

The 50th Reunion Class Gift is an important tradition at Colgate. It also provides us with a unique opportunity to honor this milestone for the Class of ’73 and contribute to our class legacy. We hope you will join your classmates in marking this special anniversary by participating in our class gift and helping us reach our goals, all to benefit Colgate and its students.

Class of 1973 50th Reunion Class Gift Priorities

Our class gift has three sources: The Annual Fund (The Colgate Fund), Capital/Endowment Gifts and Planned Gifts.

The Annual Fund
The Annual Fund has two sources – the Colgate Fund (unrestricted support) and the Restricted Annual Fund (which includes spendable gifts made to any specific campus designation like Athletics or an Academic Department). The Colgate Fund is a priority for Colgate and touches every aspect of the Colgate experience. We urge each of you to make The Colgate Fund your first giving priority.

The Third-Century Plan
As you know, Colgate’s Third-Century Plan is a long-term roadmap to guide actions and resources across all parts of the University in service of a significant transformation of Colgate. Under the Plan, Colgate will enhance its academic program, complete its campus, attract and support new levels of talent, and fully realize Colgate’s potential to become a national leader.

Here is a link to information on the Planhttps://thirdcenturycampaign.colgate.edu/

Your gift in support of one of the Third-Century priorities will help Colgate realize its ambitions and help our class in the process.

Planned Gifts
Planned gifts provide many options to participate in your 50th Reunion Gift: gifts that can come through your estate – via your will/revocable trust or by beneficiary designation from your IRA or life insurance – or gifts that provide you income in return, such as a charitable gift annuity or charitable trust, or gifts of illiquid assets, such as unneeded real estate. Each can be tailored to your needs. Planned Gifts will be a vital component of our 50th Reunion Gift and for meeting the priorities of the Plan. Colgate’s Planned Giving Office is ready to assist with your philanthropy. Paul Raeder ’73 is leading our Class’s efforts in the planned giving arena and can provide additional support.

How Our Class Gift Is Determined
Our overall 50th Reunion Class Gift is the total of all gifts made in the years after our 45th Reunion Year, as well as all pledges paid in installments over the next five years. Included in this total will be all gifts to any designation, including the Colgate Fund, capital and endowment projects, and planned gifts. Every gift will also be included in The Campaign for the Third Century. To date, our class has raised a total of approximately $2 million.

Participation
We are setting an ambitious – but achievable – participation goal for our class of 73% in honor of our 50th Reunion year (July 1, 2022 – June 30, 2023). With your support, we can reach this goal— and every gift matters. To date, roughly 60% of the class has made a gift during the 50th Reunion Gift time period over the past five years.

Leadership
In keeping with Colgate tradition, we are identifying “class captains” for many living units, fraternities, athletic teams, etc. to assist with Reunion planning. They will contact classmates to encourage attendance next June. Your class captain also will encourage you to complete an autobiography for our special 50th Reunion Yearbook. Some class captains will help with fundraising for our Class Gift. We hope you will respond enthusiastically when contacted.

Check back here from time to time; we will update information on our progress as we move forward toward our Reunion next June.

Sincerely,

’73 Class Gift Committee:

Ron Joyce
Fausto Miraglia
Paul Raeder
Howard Schiffman
Tom Seligson

Class Captains:

Bill Barnaskas
Mike Barnes
Dave Brask
Debbie Ciampi
Bill Cornachio
Bruce Feron
Rob Gould
Leslie Hathaway
John Hecker
Jerry Jasko
Tony Johns
Bill Johnston
Bob Litts
Steve Maloy
Michael Marinaccio
Daniel Ornt
George O’Shea
Rich Sarajian