American Magazine, Nov. 2013
The flagship publication of American University. This magazine offers a lively look at what AU was and is, and where it's going. It's a forum where alumni and friends can connect and engage with the university.
The flagship publication of American University. This magazine offers a lively look at what AU was and is, and where it's going. It's a forum where alumni and friends can connect and engage with the university.
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thank you<br />
Illustration by Bruce morser<br />
If not for the generosity of an alumnus<br />
who first walked the campus half a century before, senior Kyung Eun Kim<br />
would’ve had to leave <strong>American</strong> University and the United States altogether.<br />
The psychology major, known to friends as Daisy, came to Atlanta from<br />
her native South Korea—by way of China—when she was 16. A bubbly<br />
student who has her sights set on medical school, Kim has lived apart from<br />
her parents for six years. She relies on scholarships, including the Barnard<br />
Scholarship—established by John Fiske Barnard, Kogod/MBA ’59, in memory<br />
of his late wife, Lovelle—to finance her AU education.<br />
“My dad gathers and resells recyclable car parts in Japan, but his<br />
business was devastated by the tsunami in 2011. Without the Barnard<br />
Scholarship, it would’ve been impossible for me to stay here,” Kim says.<br />
As beneficial as the Barnard Scholarship—awarded annually to a<br />
psychology major—is, it’s not Barnard’s only gift to the university. The<br />
longtime federal employee, who passed away in July following a battle with<br />
cancer, first established a charitable gift annuity in 1995. Inspired by<br />
psychology professor James Gray, with whom the Barnards took classes, he<br />
then made provisions for a future scholarship through his estate plans. After<br />
consulting financial and legal advisors, however, he realized that by making<br />
a current gift of appreciated stock, he could eliminate capital gains taxes<br />
and enjoy the benefits of the gift during his lifetime.<br />
“I never missed that stock,” Barnard said a few months before his passing,<br />
“but I’ve had the pleasure of meeting wonderful young scholarship recipients<br />
every year. They have shown genuine appreciation for the assistance, but it is<br />
I who am grateful; our meetings have made a difference in my life.”<br />
Kim, who says Barnard and his wife, Jan Anderson, not only welcomed<br />
her into their home but into their family, is inspired by the alum’s warmth<br />
and legacy of philanthropy.<br />
“The Barnards made a huge difference in my life. I can’t wait to pay<br />
it forward.”<br />
FOR INFORMATION ON CHARITABLE ESTATE DONATIONS, VISIT AMERICAN.EDU/PLANNEDGIVING<br />
american.edu/alumni 37