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Notes Mar/May 2005 web - Cleveland Institute of Music

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9 Honors/Memorials • Legacy Society<br />

Ms. Cecilia Dolgan<br />

Ms. <strong>Mar</strong>y F. Dolgan<br />

Ms. <strong>Mar</strong>y A. Drobnick<br />

Mr. and Mrs. Stefan Durjava<br />

Mr. and Mrs. Douglas F. Elerisch<br />

Mr. and Mrs. Peter M. Elish<br />

Mr. David Fawcett<br />

Mr. and Mrs. Robert Fortuna<br />

Mr. and Mrs. Bill Frank<br />

Mrs. Dorothy Frank<br />

Mr. and Mrs. Edward F. Glicker<br />

Dr. and Mrs. G. Edward Gobetz<br />

Mr. and Mrs. Matt Grdadolnik<br />

Mr. and Mrs. Jerry Gustie<br />

Mr. and Mrs. Edward J. Habat<br />

Mr. and Mrs. John Havel<br />

Mr. and Mrs. Steve Haynosch<br />

Mr. and Mrs. and Frank Hiti<br />

Mr. Paul Hribar<br />

Ms. Ruth Hribar<br />

Mr. Daniel Hrvatin<br />

Mr. David Hrvatin<br />

Ms. Helen Hrvatin<br />

Mr. and Mrs. Gary R. Hull<br />

Mr. and Mrs. Lee Jackopin<br />

Mr. and Mrs. Joe Jenko<br />

Mr. Allan Johnson<br />

Ms. Eleanor Kaporc<br />

Mr. and Mrs. William Katcher<br />

Mr. Edward Kenik<br />

Mr. and Mrs. Chris Kocin<br />

Kollander Travel, Division <strong>of</strong> AAA<br />

Ms. Agnes J. Koporc<br />

Mr. and Mrs. Donald T. Kovach<br />

Mr. and Mrs. James J. Kozel<br />

Ms. Alice Kuhar<br />

Ms. Erika Kurbos<br />

Mr. and Mrs. Nate Lambert<br />

Ms. Dorothy Lamm<br />

Mr. John Levkulich<br />

Mr. and Mrs. <strong>Mar</strong>tin Lisac<br />

Ms. Janet Loiko<br />

Mr. and Mrs. Ray Lonchar<br />

Ms. Genevieve Malnar<br />

Mr. Gene <strong>Mar</strong>ch<br />

Mr. and Mrs. Albert P. <strong>Mar</strong>kic<br />

Ms. Jeanne L. Matuch<br />

Ms. Sophie Matuch<br />

Mrs. John Mauric<br />

Mr. and Mrs. Don Mausser<br />

Mrs. Rita Mihelich<br />

Mr. and Mrs. Tony Mihelich<br />

Ms. Nancy Jo Novak<br />

Ms. Ann M. Opeka<br />

Ms. Catherine Ostrunic<br />

Mr. and Mrs. Roman Pasicznyk<br />

Mr. and Mrs. Jeff Pecon<br />

Ms. Lauren Penko<br />

Ms. Patricia Perme<br />

Mr. and Mrs. Al Pestotnik<br />

Mr. and Mrs. Frank Petek<br />

Mr. Tony Petkovsek<br />

Mr. and Mrs. John Plutt<br />

Mrs. <strong>Mar</strong>y Podlogar<br />

Ms. <strong>Mar</strong>garet Poikvar<br />

<strong>Mar</strong>ilyn Praznik<br />

Progressive Slovene Women<br />

<strong>of</strong> America<br />

Progressive Slovene Women<br />

<strong>of</strong> America, Circle No. 3<br />

Mr. and Mrs. August B. Pust<br />

Mr. and Mrs. Joe Ramsak<br />

Ms. Sherri Robertson<br />

Mr. Bradley R. Ross and<br />

Ms. Anne Gangidino<br />

Ms. Betty Rotar<br />

Mr. and Mrs. Steven Royer<br />

Mr. and Mrs. Vladimir J. Rus<br />

Mr. and Mrs. Richard Safarz<br />

Mr. and Mrs. Steve Sasa<br />

Mr. and Mrs. Charles J. Shaver<br />

Ms. Lori Sierputowski<br />

Mr. and Mrs. David A. Skrajner<br />

Mr. and Mrs. Donald F. Slapnik<br />

<strong>Mar</strong>ion and Jan Slejko<br />

Slovene National Benefit Society<br />

Slovenian Pensioners Club <strong>of</strong> Euclid<br />

Ms. Anne M. Smith<br />

Ms. Cynthia M. Smith<br />

Mr. and Mrs. Tony Spendal<br />

Mr. and Mrs. Richard M. Sterle<br />

Mr. Bill Streck<br />

Mr. and Mrs. Charles Sumrada<br />

Mr. and Mrs. Frank Tegel<br />

Mr. John R. Telich, Sr.<br />

Mr. and Mrs. Albin J. Tercek<br />

Mr. and Mrs. John Terlep<br />

Mr. Arthur E. Tibyash<br />

Mr. and Mrs. Richard Tomsic<br />

Mr. and Mrs. Wayne Tomsic<br />

Mr. and Mrs. Ken Tomsick<br />

Mr. and Mrs. John Toth<br />

Mr. Lou Trebar<br />

Ms. Agnes Turk<br />

Ms. Chris Ujcich<br />

Ms. <strong>Mar</strong>y Umek<br />

Ms. Florence Unetich<br />

Mr. and Mrs. Richard R. Vadnal<br />

Ms. Suzanne Vadnal<br />

Ms. Beverly Valencic<br />

Mr. and Mrs. Z. Joseph Valencic<br />

Mrs. Evelyn Vatovec<br />

Mr. and Mrs. Charles M. Vrtovsnik<br />

Ms. Tara A. Wisniewski<br />

Ms. <strong>Mar</strong>garet Yarcusko<br />

Mr. and Mrs. Larry Young<br />

Mr. and Mrs. Ken Yuko<br />

Ms. Antonia Zagar<br />

Ms. Vida Zak<br />

Mr. Frank Zalar and<br />

Ms. Branka Santha<br />

Mr. and Mrs. Frank S. Zalar<br />

Ms. <strong>Mar</strong>y Jo Zamlen<br />

Mrs. Frank Zeleznik<br />

Ms. Ann Zlatoper<br />

Mr. and Mrs. Frank Zupon<br />

Mrs. Rose Zuzek<br />

In Memory <strong>of</strong> Mme. Nevada<br />

van der Veer<br />

Mrs. Patricia Ruhl Rath<br />

In Memory <strong>of</strong> Harvey F. Watts<br />

Mr. and Mrs. David Cerone<br />

In Memory <strong>of</strong> Dr. Calvin E. Weber<br />

to the Dr. Calvin E. Weber Award<br />

in Trumpet<br />

Mr. and Mrs. C. Scott Weber<br />

In Memory <strong>of</strong> Dr. Newton F. White<br />

Mr. and Mrs. David Cerone<br />

In Memory <strong>of</strong> Moshe D.<br />

Yerushalmi<br />

Ms. Deborah Goeble<br />

Legacy Society – SAVE THE DATE<br />

One <strong>of</strong> the highlights <strong>of</strong> spring at CIM is the Legacy<br />

Society Luncheon, held to honor those individuals and<br />

families who have remembered CIM with a bequest, gift<br />

annuity, or some other form <strong>of</strong> planned gift. The event<br />

includes a special musical performance by CIM students<br />

just for Legacy Society members. If you are a Legacy<br />

Society member, remember to save Wednesday, <strong>May</strong> 4 for<br />

the <strong>2005</strong> luncheon. If you have remembered CIM in your<br />

will or estate plan, please let us know so that we may<br />

welcome you as a new Legacy Society member and send<br />

you an invitation to the <strong>2005</strong> luncheon.<br />

CIM Gift Annuity – A Creative Way<br />

to Give to CIM and to Yourself!<br />

Many Legacy Society members have created gift annuities<br />

with CIM – and there’s a good reason why. A gift annuity<br />

creates a generous gift to CIM and gives you, or a beneficiary<br />

you name, income for life. The amount <strong>of</strong> the<br />

annuity is determined by only two things: your age and<br />

the amount <strong>of</strong> the gift. For example, if you are age 75<br />

and create a $10,000 gift annuity, you will receive a 7.1<br />

percent annuity <strong>of</strong> $710 for the rest <strong>of</strong> your life. Over<br />

$450 <strong>of</strong> the annuity income will be tax free for more than<br />

12 years. You will also qualify for a charitable tax deduction<br />

<strong>of</strong> more than $4,000. Useful Tip: With CD interest<br />

rates consistently below 3 percent, many decide to use a<br />

matured CD to fund their gift annuities. CIM receives a<br />

wonderful gift and you receive fixed income for life.<br />

Highly appreciated securities are another great way to<br />

create a CIM Gift Annuity. Let’s take the example mentioned<br />

above but use appreciated securities to create the<br />

gift annuity: 750 shares <strong>of</strong> XYZ, Inc. valued at $14/share<br />

for a gift <strong>of</strong> $10,500. With an original cost basis <strong>of</strong> $1.75/<br />

share, your out-<strong>of</strong>-pocket expense to create the annuity is<br />

only $1,312! A portion <strong>of</strong> your gift, $5,240, is reported as<br />

capital gain income over 12 years. You receive a 7.1<br />

percent annuity <strong>of</strong> $745 for life and CIM receives a very<br />

generous gift.<br />

If you would like more information about CIM’s<br />

Gift Annuity program, please contact Jim Kozel at<br />

216-795-3168 or james.kozel@case.edu.

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