Dori and Rollin ReiterDori Reiter ’51 and her husband, Rollin Reiter, have attended several Northwestern football games since Dori graduated from the University’s Weinberg College of Arts and Sciences, but one in particular stands out. At that memorable game, the Reiters had found what appeared to be excellent seats near the students and the band, only to realize later that they were standing room only. Dori, a former collegiate athlete and member of Northwestern’s N Club, rose to the challenge, standing and cheering on the Wildcats for the entire game alongside her husband.

Through her involvement in a number of the University’s extracurricular activities and associations, including Gamma Phi Beta, tennis, riflery and The Dolphin Show, Dori created fond memories during her time as a student. Dori notes that athletic participation for female athletes was different before Title IX, which created opportunities for female athletes that were previously limited to men only. Dori says she did not feel left out at the time, but the opportunities given to women athletes today simply did not exist. In fact, about four years ago, Dori received a letter in the mail notifying her that she was being inducted into the prestigious N Club at Northwestern, which excluded women from membership when she was a student.

Dori was honored to receive this letter acknowledging her achievements as a female collegiate athlete, but she clearly didn’t participate solely for the recognition. For Dori, it was about the challenges and the opportunity to create memories doing what she loved. In fact, Dori continued to develop her athletic prowess after graduating, competing in her first triathlon at age 60 and finishing first place in her age group.

Since graduating, Dori has remained engaged with Northwestern by attending reunions and other events. When Dori and Rollin moved to Chicago for a period of time because of Rollin’s career with Dean Foods, Dori served as co-chair of her 40th Reunion committee. For Dori, “I felt it was time to give back to Northwestern since Northwestern had been so good to me.” Calling her classmates and motivating them to support the committee’s fundraising efforts came naturally to Dori, who later enjoyed connecting with those classmates at the reunion, many of whom she did not know well as an undergraduate student.

Over the years, Dori and Rollin have also contributed financial support to the areas within Northwestern that are most important to them. They have shown tremendous dedication and support by giving to The University’s Weinberg College of Arts and Sciences, Gamma Phi Beta, and several others. Additionally, they have supported Rollin’s alma mater, Norwich University, where he previously served on the Board of Trustees. And eventually, Dori and Rollin began to consider planned giving options as a way to provide ongoing support to Northwestern and create a legacy they could be proud of.

“We felt we had made significant contributions to my husband’s alma mater both in terms of volunteer hours and financial support, so it was time to give to consider making a planned gift to Northwestern,” says Dori. The Reiters were aware that the funds in their bank account were earning very low interest rates. “We thought it would be better to give the money to Northwestern,” Dori explains. To establish their charitable gift annuity, Dori and Rollin transferred appreciated securities to Northwestern, allowing them to avoid paying capital gains tax. Northwestern then began to pay the Reiters annuity payments, which will continue for the remainder of Dori’s life. Furthermore, the Reiters received an income tax deduction in the year they funded the annuity and receive favorable taxation on the annuity payments.

Dori encourages others to consider making a similar gift. “It feels like we are getting more, even though we still made a charitable donation. The check I receive each quarter is a reminder of the wonderful memories that I have of Northwestern.”

To learn more about charitable gift annuities or other planned gifts, please contact Northwestern Gift Planning at 800-826-6709 or giftplanning@northwestern.edu.

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A charitable bequest is one or two sentences in your will or living trust that leave to Northwestern 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, [name], of [city, state, ZIP], give, devise and bequeath to Northwestern [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 Northwestern 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 gift 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 receive an immediate federal income tax charitable deduction. 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 Northwestern as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. 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 Northwestern 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 Northwestern where you agree to make a gift to Northwestern 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.

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