Herb Zohn has endowed a named scholarship fund through his charitable gift annuities, which support future generations of artists emerging from the School of Art.
"The charitable IRA rollover gives me an extraordinary opportunity to acknowledge the value of a Yale Law School education and to be able to do so in a tax efficient manner."
When his father suffered a debilitating heart attack, Richard Ya Deau '53 was certain that college was not in his future. Dr. Ya Deau's bequest and charitable remainder trust stem from his gratitude to Yale coupled with a concern for students struggling with the cost of education.
"When I was updating my estate plan to include gifts for Yale College and the Law School, I had a choice to make: provide for Yale in my will, or leave Yale a portion of my Individual Retirement Account. I chose to name Yale as a beneficiary of my IRA."
"I give to Yale each year, but not as much as I hope to one day. Including a bequest to Yale in my long term plans was a way to reconcile my ability to give with my desire to give."
Having benefited from financial aid, Dr. Michael Petru '73 made Yale the beneficiary of his life insurance policy to establish a scholarship fund. His bequest allows students of great promise — like Alma Alegria '12 — to come to Yale.