Skip to Content

Pavan Scholarship Seeks to Open Doors

Barbara and Robert Pavan

Robert J. Pavan '51 created a scholarship at Rensselaer 10 years ago in appreciation for having been chosen as the winner of a four year NYC Alumni Scholarship in 1947. He explains, "I was also able to earn a second undergraduate degree and a master's degree in my six years at RPI with the aid of additional scholarship and fellowship awards and by working as Research Assistant and as a Dorm Proctor in ‘Tin Town'." Prior to creating the scholarship, Robert demonstrated his appreciation to Rensselaer by serving in various capacities including President of the Long Island Chapter of the Rensselaer Alumni Association (RAA), Board member of the RAA, and member of the Long Island Rensselaer Alumni Scholarship Committee.

After his time at Rensselaer, Robert later earned his doctorate from Harvard. His career path included work as a structural engineer, real estate entrepreneur, Fulbright Research Fellowship and college faculty member.

For the past ten years Robert and his wife Barbara have contributed annually toward the Drs. Barbara N. and Robert J. Pavan '51 Scholarship Fund at Rensselaer. The scholarship is awarded to graduates of Brooklyn Technical High School, Robert's secondary school alma mater.

Dr. Pavan says with conviction, "My Rensselaer experience made an entirely different life for me. The personal interest that professors took in my education helped open doors that I as the son of an Italian immigrant could never have imagined. My hope is for this scholarship to open doors for others."

William Owens-Davidson '11 and Alex Chaldyshev '11 are the current recipients of the Pavan Scholarship. After graduating from Brooklyn Technical High School at the top of his electrical engineering class, William chose to attend Rensselaer because its campus and programs impressed him. "I've always been interested in computers and how they work, and Rensselaer offers a curriculum that focuses on that," says William, who particularly values Rensselaer's coursework in computer hardware and the labs that transfer knowledge into practical application. A regular member of the dean's list, William plans to graduate with a dual major in electrical engineering and computer and systems engineering, and hopes to secure a job with a corporation that specializes in computer hardware design.

Alex Chaldyshev '11, also a graduate of Brooklyn Tech, is currently pursuing a degree in computer science at Rensselaer. After graduation, he plans to obtain a master's degree in computer science before searching for his "dream job" in a high-tech corporation, preferably one that develops computer software. Alex believes that having an education from top-rated Rensselaer will facilitate his career aspirations. Named to the dean's list for the past two years, Alex enjoys the intellectual camaraderie found at Rensselaer. "You're in good company here," says Alex.

A Helping Hand
William and Alex are grateful recipients of the Pavan scholarship. "Without scholarships, I couldn't afford to go to Rensselaer," explains Alex. "I would like to thank the Pavans for their generosity."

There are many Rensselaer students like William and Alex who would benefit from your support. Please contact Art Tracy at (518) 276-2561 or to discuss ways you can help them. You also can visit to explore on your own the many different ways to give.

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.