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Giving Students a Chance at a Rensselaer Education

Haviland

David Haviland '64 attended Rensselaer to pursue his interest in architecture. He ended up building a career and a living legacy at his alma mater.

While earning his bachelor's and master's degrees in architecture at Rensselaer, David found his courses fascinating, the faculty exemplary, and the research cutting-edge. Outside of the classroom, he developed his leadership skills as a Sigma Alpha Epsilon officer, student union executive board member, and sports team manager. As a student at Rensselaer, Dave recalls a sense of empowerment in his academic and social pursuits.

After graduation, Dave devoted his career to the students of Rensselaer, serving in many capacities, including professor and dean of architecture, vice president for student life and vice president for advancement. As a faculty member, Dave's greatest pleasure was interacting with the high-caliber students who are characteristic of Rensselaer. "The mission of Rensselaer—to apply science to the common purposes of life—has never changed, and the Institute attracts students with a strong impulse to take on this mission," he says.

After settling in Troy, David met his wife, Katie, who was a math teacher at Emma Willard School. For years, Katie has been active in the Women's Club of Rensselaer, focusing her energy on encouraging members to participate in community service activities. Today, Dave and Katie are retired and enjoy volunteering for nonprofit organizations and spending time with their children, Wally and Kelly, and four grandsons. Dave also continues to contribute to Rensselaer as a board member of the Rensselaer Alumni Association.

Deeply committed to furthering the education of young people, David and Katie have been longtime contributors to Rensselaer's annual fund and recently endowed a student scholarship. "The university invested in me when I was a student," Dave says. "Now we have the resources to do the same for others." Dave and Katie will significantly increase the size of their scholarship by making a gift through their estate.

Dave and Katie have met the first recipient of their scholarship and find it exciting to see the positive results of their gift. They know that their legacy will help build future generations of Rensselaer students who can make the world a better place.

Get Involved
Rensselaer students and graduates have been applying science to the common purposes of life since 1824. You can partner with us by making a gift to Rensselaer through your will or retirement plan. This will not cost you anything in your lifetime and it is revocable if your circumstances change. Please contact Art Tracy, Director of Gift Planning, at (518) 276-2561 or tracya@rpi.edu for details, or visit our website.

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to Rensselaer Polytechnic Institute a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Rensselaer Polytechnic Institute, a nonprofit corporation currently located at 110 8th St., Troy, NY 12180-3590, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Rensselaer or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Rensselaer as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Rensselaer as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Rensselaer where you agree to make a gift to Rensselaer and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.