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Support Wellesley

Our Class’s Continuing Outstanding Support of The College

The Class of 1973 continues year after year to enthusiastically support our alma mater. For Wellesley’s fiscal year ended June 30, 2021, 246 classmates made a gift to The Wellesley Fund--resulting in a participation rate of 70%. The number of donors came close to matching the number who made gifts during our 40th Reunion. Forty-two classmates were recognized as members of the Durant Society (signified by gifts of $2,500 or more). Yes, we have a remarkably supportive class and our financial loyalty is both appreciated and acknowledged by Wellesley. Our fiscal 2020-21 results were characterized as “remarkable.”

What is The Wellesley Fund?

And why does it matter? The Wellesley Fund provides the financial resources to meet both current operating and unplanned expenses. Virtually all gifts to the endowment have very specific designations, such as financial aid or faculty salaries. Endowment funds do not cover operating (such as information technology costs or utilities) or unanticipated expenses (such as the hundreds of thousands of dollars expended in response to the worldwide pandemic). The College must look to The Wellesley Fund to meet these annual needs. In other words, gifts to The Wellesley Fund keep the institution running on a day-to-day basis.

In the current fiscal year (ending June 30, 2022), our fundraising team--currently comprised of Jane Risser (Class Fund Representative), Elsie Dunlap Henderson, Lynne Miller, Pam Knight Wetherbee, Liz Tunney Williams and Margaret Yonco-Haines--hope that at least 265 classmates will donate to The Wellesley Fund. As always, gifts of any size count. (Many classmates’ gifts are $200 or less.) You may easily and securely make your gift on-line now: https://www.givecampus.com/campaigns/21746/donations/new. Thank you for your support and inspiring classmates to follow your lead. Your gift puts us one important step closer to this year’s donor goal. Thank you again.

If you have any questions about The Wellesley Fund or Wellesley fundraising in general, please contact Jane at risserjane@gmail.com.

Planned Giving: What is it? How does it relate to me?

The subject of Planned Giving to Wellesley is increasingly relevant to us as we begin to acknowledge that we aren't going to live forever and want to have some control over our financial legacies. Planned gifts, i.e., those gifts that will be received by Wellesley from our estates, enable us to benefit Wellesley and often support an area within the College of particular interest to us. Also, our estate (and heirs) can realize potentially significant estate tax savings through charitable tax deductions.
 
Now that we are in our 50th Reunion cycle, gifts of $10,000 or more to Wellesley that we have documented in our wills will be counted in our 50th reunion gift total. The process to notify Wellesley of these gifts intentions is straightforward: you can download the Bequest Intention for Gift Credit form at https://www.wellesley.edu/sites/default/files/assets/departments/resources/files/dbi_donor_form_-_d.pdf.  Alternatively, you can contact the Gift Planning Office at 800-358-3543 or giftplanning@wellesley.edu. Some of us have already designated Wellesley as a beneficiary in our wills. If you have done so and haven't yet sent a copy of the bequest documentation to Wellesley, please do so in order the that Office of Gift Planning is aware of it. (See the above paragraph for the contact information.)
 
The second key Planned Giving element is a charitable gift annuity. This instrument allows you to receive a periodic amount of income at a guaranteed amount during your life. The rate varies depending upon when you choose to begin to receive the periodic payments. The structure of the annuity can vary widely and the Office of Gift Planning will work with you to tailor a structure that reflects your needs and intentions. Again, please contact the Office for further information. Or, feel free to reach out to Susan Remmer Ryzewic, 1973 Planned Giving Chair, at sryzewic@ehrinv.com or 904-571-4022 (Ponte Vedra Beach,  FL) with any general questions about gift annuities or planned giving.