AnnuAl RepoRt of Philanthropy2005-2006 Association of Graduates ...
AnnuAl RepoRt of Philanthropy2005-2006 Association of Graduates ...
AnnuAl RepoRt of Philanthropy2005-2006 Association of Graduates ...
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34<br />
plAnneD GIVInG<br />
Holly Emrick Svetz Helps USAf Academy<br />
Maintain its Edge<br />
Attending the USAF Academy gave Holly Emrick Svetz an edge in<br />
life that would lead to success in not one, but two careers . In appreciation,<br />
she is now helping the Academy maintain its edge in the<br />
world <strong>of</strong> academia—and encourages other graduates to do the same .<br />
Svetz, who graduated with the Class <strong>of</strong> 1980, makes annual gifts to the<br />
Academy and also arranged to support the Academy through a trust .<br />
“The Academy changed the focus <strong>of</strong> my life,” says Svetz, who<br />
served 10½ years in uniform as an engineer and acquisitions program<br />
manager before going to law school . Today, she is a partner<br />
in one <strong>of</strong> the East Coast’s largest law firms.<br />
In discussing the value <strong>of</strong> the Academy to the country as a whole,<br />
and to its graduates as individuals, Svetz notes that federal funding<br />
is not keeping up with current needs . As a result, cadets may one<br />
day find themselves lacking cutting-edge technology in areas such<br />
as biodefense and nanotechnology .<br />
“Donor support helped build the Academy . Several parts, including<br />
the football stadium, were built totally by gifts, and not through<br />
appropriations,” Svetz says .<br />
“It has been that way from the very first days <strong>of</strong> the Academy, and<br />
it’s something that needs to continue .” Svetz says that her trust was<br />
established primarily for tax purposes, but that she wants a portion<br />
<strong>of</strong> the money, after she is gone and family is cared for, to go to<br />
“something useful .” That “something useful” is the USAF Academy .<br />
“There was room for a contribution to the Academy,” she says, “and<br />
I do feel that it’s important for people who can give, to give—that<br />
people who can <strong>of</strong>fer their support, should . I feel that obligation .”