Transcript Document

Class of 1977
Whole Damn Team
Excellence in Service to the
Virginia Military Institute
The VMI Alumni Association
VMI Foundation Inc.
VMI Keydet Club
VMI Development Board
CLASS OF 1977
25th Reunion Fund Committee Meeting
May 4, 2002
AGENDA
I.
Welcome
II.
The Future of the Institute
A.
Current Overview
B.
Future Opportunities
"Reveille: A Call to Excel"
IV.
Class of 1977 Reunion Fund
Campaign
A. Chairmen's Remarks
B. Plan
1. Goals
2. Letters/Personal Contacts
3. Schedule
4. Discussion and Assignments
III.
Reunion Funds
A. 25th Reunion Fund History
B. Methods of Giving
V.
Closing Comments
VMI Budget
All Sources Of Revenue
2001-02
Tuition, Fees, and Uniform
Cost Comparison
VMI
State Assistance vs. Tuition
VMI Alumni Association Board
Elected by Alumni
to aid in the promotion of the Institute
Alumni Affairs
New Cadet Recruiting
Alumni Review
As individual members (shareholders) elects
Boards of Foundation, Keydet Club and Development Board
VMI Foundation
VMI Keydet Club
VMI Development Board
Raises annual money
Raises unrestricted non-athletic
Coordinates development
for athletic
endowment
and fundraising efforts for
scholarships
VMI
Raises endowment
Receives endowment which
can be used for academic
Manages assets
for athletic
scholarships
Provides annual support to the Alumni
Raises money for
Association and BOV
Receives gifts for the Athletic
Operation Fund (AOF)
athletic capital projects
Raises restricted endowment
or athletic purposes
Endowment Growth
VMI Alumni Agencies
The VMI Endowment Report
A Snapshot of the VMI Spirit
December 31, 2001
Total Aid to VMI
FY '96 - FY '03
Assistance to the Corps
Financial Aid
Need
Merit
Specified
Faculty Assistance
Professorial Chairs
Departmental Funds
Athletics
Scholarships
Operational Funds
 Other
Technology
Equipment
25th Reunion Fund
Purpose
28 Sept - Presentation,
Reunion Weekend
ƒ Dec. 2002 - Campaign
Ends
ƒ
Participation
Increase Support
Structure
Chairmen
Committee
Timing
Qualifying
1 July 1997 - Credit Begins
ƒ FY '02 - FY '08
ƒ
Gifts
All Contributions
Annual Giving / Endowment
ƒ Alumni
ƒ Matching Gifts
ƒ Friends
ƒ
HISTORY OF 25th
REUNION FUNDS
1973 - 1976
Current Gifts
CREDIT CARD
1234 5678 9012
VALID FROM
GOOD THRU
XX/XX/XX
XX/XX/XX
PAUL
FISCHER
PAUL FISCHER
Cash
Stock
Real Estate
Cash vs. Securities
Assumptions:
36% income tax bracket
20% capital gains tax rate
$4,000 cost basis in stock
Cash
Stock
Gift
$10,000
Income Tax Savings
Capital Gains Tax Savings
Cost of Gift
$10,000
$ 3,600
$ ---$ 6,400
$ 3,600
$ 1,200
$
Deferred Gifts
Bequest
Life
Insurance
VMI Endowment Growth Fund
Life Income Gifts
25TH REUNION FUND
Gift Pyramid
25TH REUNION FUND
Gift Giving Pyramid
CLASS OF 1977
25TH REUNION FUND
SCHEDULE
May
May
4,2002
Committee Meeting
Committee Members Make
Pledges
June 1
Announcing Reunion Fund
(Follow-up by Committee)
June 20
(Follow-up by
Committee)
July
Committee)
August
as Needed)
September
First Letter to Class
Letter With Pledge Form
"Big Toot" Letter (Follow-up by
"Little Toot" Letter (Follow-up
"Shake-a-Leg" Letter (Follow-up as
COMMITTEE MEMBERS ARE
REQUESTED TO:
Make
a personal commitment for our Reunion Fund
Contact Brother Rats, either by telephone or in person:
Encourage attendance at our Reunion
Explain Reunion Fund program
Answer questions
Ask for commitments
Follow-up
as necessary.
Foundation office will notify you of commitments by those on
your list.