Why should we support Carleton?

Carleton continues to strive for excellence and today is a leader among liberal arts colleges in its academic programs and in teaching. However, Carleton is not a leader in financial assets, especially endowment size. Our gifts can, and do, make a difference at Carleton and help make the education and fun that we had possible for today’s students. Generous alumni support is also the strong foundation to supporting previous and renewed efforts to seek greater equity, diversity, and inclusion at Carleton. We hope you will join us in continuing that tradition of support, especially to mark our 50th year.

What do most people give in honor of their 50th Reunion?

The goal is for everyone to give the gift or gifts that are most meaningful for them. To help give all of your classmates this opportunity, the members of the Gift Committee will learn about the benefits of all the different giving options, then talk with and send mailings to your class to share this information. As a result, the 50th Reunion Class Gift typically includes many estate and life income gifts, in addition to outright cash gifts in all amounts.

We hope you will be as generous as your circumstances permit. But regardless of the amount you decide to give, please be assured that all gifts in support of our overall Class Gift are genuinely appreciated. Your participation in the Class Gift is as important as the amount you choose to give, and your gift amount is only known to development staff.

What is the Class of ’72 Class fund? How does it fit into our 50th Reunion Class Gift?

The 1972 Class Gift Guide provides an overview of the Class of 1972 Fund and shows how it fits into our larger 50th Reunion Class Gift.

In short, the Class of ’72 Fund is one way you can direct your personal giving and it would be counted towards our overall 50th Reunion Class Gift. Our 1972 Reunion Planning Committee has agreed to devote the Class of ’72 Fund to supporting diversity, equity, inclusion, and access for all students on campus. We’ll share more about that special Class of ’72 Fund once the details are finalized.

Are there any options for my gift other than the Class of ’72 Fund?

Although our 50th Reunion Planning Committee is enthusiastic about the Class of ’72 Fund, you can designate either cash gifts or planned gifts towards any specific programs or operations you select. Most frequently, donors choose to support “the greatest need,” as determined by the College administration. As Covid has shown us all, we can’t always anticipate what our greatest needs will be a few years—or even a few months—from now.

My spouse and I are both alums. How would Carleton count our shared 50th Reunion gift?

Alumni spouses from different Carleton class years receive recognition for the full value of your household commitment in both class’s 50th Reunion gifts.

What gifts are included in our overall 50th Reunion Gift total?

The overall 50th Class Gift includes:

  • All Annual Fund gifts made since July 1, 2017 (our 45th Reunion year).
  • All other types of gifts made since July 1, 2012 (following our 40th reunion) also are included in the 50th Reunion Gift.

The most popular gift types are:

  • Outright gifts to create or add to an endowed fund, to support a particular project, or add to the endowment. 
  • Will or trust provisions and retirement plan commitments, which allow us to plan our gifts today to benefit Carleton later.
  • Life income gifts, such as gift annuities, which allow us to make a gift to Carleton today, receive a tax deduction, and increase our retirement income.

Can any other kinds of gifts be included in that total?

Yes, gifts of all types are included in your class gift. Other gifts given in honor of 50th Reunions in the past have included insurance policies, art, antiques, real estate, and the income from trusts. 

How long does it take to arrange a legacy gift?

Depending on how you decide to structure it, a legacy gift can be made in a matter of minutes—for example, by completing the form required by your retirement plan manager to designate a beneficiary of your retirement account. If you want to name Carleton as a beneficiary of your estate upon your death, you should consult your attorney to discuss how best to do so, making sure that you follow the requirements of your state’s law. You may wish to share with your attorney this sample language for including such a provision in your will or trust. Establishing a charitable remainder trust is more complicated and takes more time.

Kelly Rowan (866-208-3889) or Sarah Forster (866-208-3889) of the 50th Reunion staff at Carleton can help you assess your options if you’re interested in setting up such a trust and can walk you through the process.

Who can I contact with questions?

If you have questions that are not answered here, or if you need more information, we encourage you to contact a member of the 50th Reunion staff at Carleton: