A Gift of Lasting Value
As far as Chiming Tse '83 is concerned, his Rensselaer education prepared him not only to secure a position in management systems but also to solve problems in all other areas of his life. "The training I received went far beyond benefiting my career. I learned an entire set of mental problem-solving skills that I can apply to life in general. Best of all, I gained confidence. I know I can find a solution to whatever problem I face."
By the time he graduated from high school, Mr. Tse felt well grounded in the liberal arts. He was eager to focus on practical problem solving, on "doing" rather than "debating." He wanted to learn computer applications for business, and Rensselaer was the perfect place to do that. The Institute's hands-on approach to learning meant that after four years of study, he was well prepared to work. In 1983 Tse joined the Bank of New York, putting his degree in management systems to immediate use developing computer applications.
Explaining that he and his wife Jennifer are "great believers in education," Chiming stresses, "Rensselaer gave me something of lasting value. I have always wanted to give back." In addition to being a loyal supporter of the Annual Fund, Mr. Tse has increased his yearly gift to form the Chiming Tse '83 Scholarship so that "someone else can have the opportunity to get a Rensselaer education. I feel great about this scholarship," Tse says. "The gift is specific. I know exactly what it's accomplishing, and I find that very gratifying."
The Tses have adopted a smart approach for all of their charitable giving: "We used appreciated securities for our gifts to Rensselaer," says Jennifer. "If we had sold the stock and donated cash, we would have owed capital gains tax. Giving securities maximizes your deduction without increasing your tax liability," explains Chiming.
"At Rensselaer I was trained to look at a problem and break it down. This thinking process is one of the biggest benefits of my education. Today the Institute is at the forefront of new forms of engineering, continuing to produce people who get the job done."