40 Giving g Opportunities pp Class of ’62 Awards $1,000 Scholarships to Five Students The Class of ’62 Scholarship Committee hosted a luncheon for their scholarship winners. This year the committee awarded five students with $1,000 each. Pictured are, back row, from left, committee members: Ken Benner, Bob Sweeney, Diane (Miller) Freed, Patricia (Alberts) Hibschman, Lynn (Dambach) Walton, <strong>and</strong> Dave Luning. Unable to attend were Betsy (Reinhard) Masenheimer, Arthur Schisler <strong>and</strong> Ted Laurenseon. Seated, from left, are Michelle L. Weaver, New Holl<strong>and</strong>, a senior physical education major; Kimberly L. Ramage, East Stroudsburg, a senior special education major; <strong>and</strong> Erica J. DiMarzio, Shohola, a senior English major. Insert is Kevin R. Merkel, Bethlehem, a freshman business management major. Unable to attend was Alisa D. Keiper, Stroudsburg, a senior elementary major. The Heritage Society was established by the East Stroudsburg University Foundation to recognize those alumni <strong>and</strong> friends who are interested in the long-term viability of the university. Heritage Society members make planned giving provisions to support ESU through: ◊ Will bequests ◊ Insurance beneficiary designations ◊ Charitable Remainder Trusts ◊ Pooled Income Fund ◊ Charitable Annuities ◊ Donations from retirement benefits such as IRAs ◊ Other planned giving options HERITAGE SOCIETY EAST STROUDSBURG UNIVERSITY ESU Alumni Herald Friends of ESU Athletics To Hold Phonathon from Jan. 28-Feb. 7 The Friends of ESU Athletics Phonathon will be held from January 28 to February 7. Student callers will contact former athletes, alumni <strong>and</strong> fans to support grants-in-aid programs for student athletes. Phone calls will be made between 6 p.m. <strong>and</strong> 9 p.m. When you receive your call, consider a pledge of $50, $100, even $500. Please show your Warrior spirit by being as generous as you can. This year’s goal is $66,500. Whatever your contribution, large or small, know that your gift will impact the future for more than 450 student athletes who represent our University. So don’t be caught on the sidelines, instead, prepare to get in the game! We’re counting on you to make the difference. For more information, call (800) 775- 8975 or visit http://advancement.esu.edu. Change in Minimum Endowed Scholarship Rate Beginning July 1, 2007, the minimum amount required to endow a scholarship through the ESU Foundation Office will be raised from $10,000 to $20,000. Endowed scholarship accounts opened with a minimum $1,000 deposit prior to July 1, 2007, may still be endowed under the $10,000 minimum level. Please contact Vincent Dent at (570) 422-3936 or Robert Kelly ’71 at (570) 422-3531, if you have any questions or if you are interested in establishing an endowed scholarship. Giving to ESU through the Heritage Society allows you to support ESU <strong>and</strong> provide for the future well-being of your family through planned giving. These types of gifts are donations that will live on, supporting ESU for generations to come. For more information on how you can join the Heritage Society, please call Robert Kelley ’71 (570) 422-3531 or Vincent Dent (570) 422-3936 or tollfree, (800) 775-8975.
<strong>Sam</strong>ple Annuity Rates Single Life Double Life Age Annuity Rate Age Annuity Rate 60 5.7% 70/70 5.9% 65 6.0% 75/70 6.1% 70 6.5% 81/80 7.0% 75 7.1% 80 8.0%