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ADVANCEMENT NEWS Together, Eagles Soar!


In spite of 2020’s many challenges, the Winthrop fam- ily remained committed to providing resources to de- velop the knowledge, skills and values that will enrich students’ lives and prepare them for all that the future holds. Consider these impressive numbers:


• 3,218 donors gave to Winthrop


• 994 donors gave for their third-consecutive year • 670 donors made their first gift • 2,354 Winthrop graduates gave back • 306 donors gave to the Student Emergency and Assistance Fund during the COVID-19 crisis


Thank you for your continued loyalty and support! Milestone Generosity


Thank you to the following donors who recently created new endowed funds:


Anonymous established an endowed scholarship for intercollegiate athletics.


Dr. Marsha Dean Ford ’71 established the Doris Harrison Ford Scholarship in memory of her mother, a 1943 alumna. The award will benefit political science students.


Paulette Newton Handegan ’65 and Jerry Handegan ’84 established an endowed scholarship to support the recruitment of undergraduate students.


The Family of William M. Krech established the William M. Krech Scholarship in School Psychology and the William M. Krech Endowment for Professional Development in memory of their son and brother, William M. Krech ’99, ’00.


Peggy and Gary Williams established the Williams Family Literacy Collaborative Endowment to sup- port the literacy collaborative in the Richard W. Riley College of Education.


Tabitha Altman Yothers ’64 established the Tabitha Kemp Altman Endowed Scholarship in memory of her mother, a 1937 alumna.


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Welcome the Newest Members of the D.B. Johnson Society


The D.B. Johnson Society, named after Winthrop’s founding president, recognizes all who include Winthrop in their estate planning. Society members provide an important example for others and receive special recognition from the university. It would be our privilege to help you plan a gift that shapes your personal legacy of support for Winthrop.


Welcome to the newest members that joined in 2020:


-Donna Underwood Abercrombie ’71 -John K. DeLoache ’92 -Maggie P. Elrod ’78 -April L. Hershey ’99, ’11 -Dr. Karen M. Kedrowski -Dr. and Mrs. John R. Maiolo


SPRING 2021 Foundation Celebrates Endowment Milestone


ADVANCEMENT NEWS


In 2020, the Winthrop University Foundation’s endowment surpassed $70 million for the first time. The endowment, which is invested, serves as a permanent source of funding for student scholarships, faculty enrichment and program development. Currently, the endowment portfolio is professionally managed by Vanguard with oversight by the Investment Committee of the Foundation’s Board of Directors.


Endowment growth has risen approximately 80 percent since 2015, from $40.9 million to $74.2 at the close of 2020. Based on the current balance, the endowment will provide more than $2 million to Winthrop for the 2021-22 academic year, primarily in the form of student scholarships, another milestone amount. Although the market plays a significant role in the endowment’s value, the direct support from alumni and friends of Winthrop,


through the work of the university’s advancement team, has contributed over $13.3 million in new gifts during this time.


Winthrop University Foundation has an Endowment Spending Policy, which follows the Uniform Prudent Management of Institutional Funds Act of 2006 (UPMIFA). Under this policy, the Foundation can distribute annually up to four percent of a trailing five- year average of the endowment’s total asset value. The endowment distribution is part of a combined record of approximately $5 million in available support for Winthrop in fiscal year 2022.


More information regarding the endowment’s financial information and market performance is available at www.winthrop.edu/foundation.


Planning is More Important than Ever


The university advancement team welcomes the opportunity to work with you and your advisors to evaluate your charitable giving strategy. Together we can begin the process, determine what works best for you, choose the concepts that will help you realize your objectives and put this valuable plan in place.


Please visit www.winthrop.edu/giftplanning for more information, to download a copy of the gift planning guide or to notify university advancement of your gift intentions.


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