A Lasting Tribute Via Sheldon Legacy Society
Donald ’62 and Linda Mykland Blauvelt ’61 wanted to honor their late daughter, Debra Lynn Blauvelt M’08, while supporting their shared alma mater.
By gifting part of their IRA’s required minimum distribution to the college, the couple was able to increase their philanthropy to SUNY Oswego and establish an endowed scholarship in memory of their daughter.
Next year, the college will award the first Debra Lynn Blauvelt M’08 Memorial Scholarship to a non-traditional student.
In 2011 in honor of the 50th anniversary of Linda’s graduation and their marriage, the Blauvelts also decided to leave Oswego a bequest in their will to establish the Blauvelt Scholarship Fund. They said it was a way to pass on their great Oswego experience to future generations of students.
If you are interested in learning more about how directing part of your IRA rollover to SUNY Oswego can both support the college and provide you some tax relief, please contact a member of our philanthropic engagement team at firstname.lastname@example.org or 315-312-3003.
“Our IRA did very well, and we were able to direct part of the required mandatory distribution to the college as a charitable gift. It was easy to do, and financially, we would not have been able to establish an endowed fund without the IRA payout. Plus, this gift helps us avoid paying taxes on the money.” —Donald Blauvelt ’62