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BUDGET MINDED: - Illinois College of Optometry

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ICO MATTERS FALL 2008<br />

15<br />

EYE ON GIVING<br />

EXCITING TIMES<br />

ICO KEEPS CURRENT WITH THE<br />

HELP OF ALUMNI<br />

What distinguishes an ICO donor?<br />

“They have strong feelings for what they do and for their pr<strong>of</strong>ession,<br />

and they are loyal to the <strong>College</strong> itself,” says Trish de Maat,<br />

ICO’s Director <strong>of</strong> Individual Giving and Development<br />

Administration. “Our alumni support ICO because they believe<br />

in the practice <strong>of</strong> optometry; a donation to ICO moves eye care<br />

forward.”<br />

“We’re in an exciting time here,” de Maat says. “Alumni are<br />

excited about our Strategic Plan and the construction <strong>of</strong> the<br />

Eyepod [see story p. 12]. The Development Office had an excellent<br />

response to this year’s phon-a-thon, and we added a thanka-thon,<br />

with student callers, to our fundraising calendar.”<br />

De Maat says the students who participated in the thank-a-thon<br />

enjoyed speaking with ICO donors. “Many <strong>of</strong> the doctors shared<br />

their experiences at ICO and in their practices,” she explains.<br />

“Most importantly, it gave our students an opportunity to personally<br />

thank alumni for their support.”<br />

That support is critical now as the <strong>College</strong> makes strides forward.<br />

“The future <strong>of</strong> ICO is dependent on staying current,” says<br />

de Maat. “In order for our students to perform at the highest<br />

level <strong>of</strong> pr<strong>of</strong>iciency after graduation, they must have up-to-date<br />

optometric equipment in an environment conducive to learning<br />

current optometric procedures. Our new Eyepod provides that.”<br />

Eyepod laboratory lane<br />

But it takes more than<br />

tuition to cover expenses<br />

such as state-<strong>of</strong>-the-art<br />

laboratories. To make<br />

ends meet, ICO gathers<br />

support from corporations,<br />

foundations and<br />

individuals. “Two-thirds<br />

<strong>of</strong> our philanthropic support<br />

comes from corporations<br />

and foundations,”<br />

de Maat says. “In order to<br />

continue to get that support,<br />

we have to show<br />

that our alumni are stepping<br />

forward as well.”<br />

Trish de Maat<br />

And they are. Last year’s goal for the Annual Fund, which supports<br />

operational costs and is largely supported by alumni, was to<br />

raise $160,000; $266,672 was raised with the help <strong>of</strong> two estate<br />

gifts. According to de Maat, “Planned gifts are an important<br />

component <strong>of</strong> our total philanthropic support.”<br />

So is the Leadership Circle. “That’s an amazing group <strong>of</strong> people,”<br />

de Maat says. “They renew year after year; they are very<br />

loyal. And the group is growing; they promote it among themselves.”<br />

That’s de Maat’s favorite part <strong>of</strong> her job. “What I enjoy about<br />

ICO is the level <strong>of</strong> involvement,” she says. “Our alumni care<br />

about their patients, their pr<strong>of</strong>ession and their alma mater.”<br />

For more information about giving to ICO, contact Trish de<br />

Maat at (312) 949-7071 or pdemaat@ico.edu. Donations can<br />

also be made online at www.ico.edu, or by calling David Korajczyk<br />

at (312) 949-7075 or dkorajczyk@ico.edu.<br />

IRA Charitable Rollover Extended<br />

This fall, the IRA Charitable Rollover was extended through<br />

December 31, 2009.<br />

The legislation allows individuals ages 70½ and older to make<br />

direct transfers from an IRA to one or more charities <strong>of</strong> their choice.<br />

Up to $100,000 per year in 2008 and 2009 can be transferred without<br />

being recognized as income.<br />

In addition, the transfers will count towards the minimum required<br />

distribution each individual over 70½ is required to take from retirement<br />

accounts each year.<br />

For more information, contact David Korajczyk, Vice President<br />

for Development, at (312) 949-7075 or dkorajczyk@ico.edu.

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