Charitable Gift Annuity Rates Rose July 1
Charitable gift annuity rates rose July 1, which will yield greater payouts for annuitants.
The LSU Foundation can help you meet charitable goals and guarantee that you receive income for life. Once you establish a charitable gift annuity with us, you will receive a quarterly payment for the rest of your life. Upon your death, the LSU college or program of your choice will receive any funds remaining in your annuity.
Support the LSU college or program that is dearest to you through a charitable gift annuity. It offers, for up to two annuitants, lifetime annuity rates that are unaffected by inflation. You may enjoy tax advantages (income, capital gains and estate) and will eliminate the impacts of stock market fluctuations.
CURRENT SAMPLE RATES BY AGE:
68 years old: 5.7 %
77 years old: 6.7 %
85 years old: 8.1 %
90+ years old: 9.5 %
Please click here for related resources and to hear from Dr. Mary Lou Applewhite regarding her planned gift to LSU.
LA Contractors' Educational Trust Fund Recognized as a Laureate Society Member
Announcing the creation of a distinguished professorship, the LA Contractors' Educational Trust Fund was recognized as a member of the
LSU Foundation Laureate Society for its leadership role in supporting the Construction Management program in the College of Engineering. The recognition event was held at the Louisiana State Licensing Board for Contractors.
The LSU Foundation Laureate Society was created to recognize individual, couple and organizational lifetime giving to the academic enterprise of LSU exclusively through the LSU Foundation. Currently held by Associate Professor Duncan W. Kinchen, the Contractors’ Educational Trust Fund Professorship for Applied Professional Ethics in Construction Management in the College of Engineering is the third such LSU professorship created by CETF.
“Under the leadership of Mr. Vic Weston, this gift has allowed LSU’s Construction Management program to flourish and provide the very best in educational experiences for our students in order that they may be well-prepared to enter the construction industry as professional construction managers,” said College of Engineering Dean Rick Koubek of Weston’s role (as CETF treasurer) in making this gift a reality.
The LA Contractors’ Educational Trust Fund, created through the Louisiana State Licensing Board for Contractors, is funded through the fines imposed by the board in response to contractors’ violations within Louisiana. CETF is a private board with a primary mission of identifying and funding educational programs that support the goals of the Louisiana construction industry.
LSU College of Engineering
The tradition of excellence in the LSU College of Engineering is continuous from commencement to commencement. As the alma mater for more than half of engineering and construction management graduates in the state of Louisiana, the LSU College of Engineering demands the best from its students in order to prepare them to continue building this great state.
Mimi LaValle, College of Engineering, 578-5706 or mlavall@lsu.edu
Dinner Honors Sue Turner for Her Support of LSU
Chairman Charles Landry and the LSU Foundation Board of Directors hosted a June 10 dinner honoring Sue Turner for her years of dedication, service and philanthropic leadership to LSU and the Forever LSU Campaign. The event was held on the stage of the recently renovated Claude L. Shaver Theatre in LSU’s Music & Dramatic Arts Building.
LSU Foundation Board members, University administration, and family and friends of Turner enjoyed a dinner catered by Juban’s, under the direction of David Wright, and entertainment provided by the College of Music & Dramatic Arts, under the direction of Dean and Penniman Family Professor Laurence Kaptain. Katherine Kennedy Burlette was the event director.
Landry welcomed the guest of honor. LSU Chancellor Michael Martin offered comments of praise and thanksgiving, noting Turner’s amazing leadership both as an undergraduate and an alumna of the University. And, Congressman Henson Moore toasted the honoree, saying, “Under these stately oaks, I offer a toast to LSU’s magnolia . . . Sue Turner.”
Turner is an LSU Foundation Laureate Society member, designated as a Troy H. Middleton Laureate in recognition of her lifetime giving. Her generous support crosses two campuses and more than 30 units. Notably, she is a strong supporter of faculty support, historical preservation and the arts, and The Bert and Sue Turner Gallery in the Shaw Center for the Arts is named in honor of Mrs. Turner and her late husband.
Louisiana Business Emergency Operations Center Opens at LSU
Entergy Gift to Complete Final Phase
From right: Dr. Ramesh Kolluru, executive director of the NIMSAT Institute; Michael Jones, chief technology advocate for Google; Dr. Steve Landry, provost and vice president of academic affairs for University of Louisiana-Lafayette; Dr. Joseph Savoie, president of University of Louisiana-Lafayette; Joel Robideaux, Louisiana House of Representatives; Stephen Moret, secretary of Louisiana Economic Development; Michael “Mike” Michot, Louisiana State Senate; Franklin Foil, Louisiana House of Representatives; Mark Cooper, director of Governor’s Office of Homeland Security & Emergency Preparedness; Renae Conley, president & CEO of Entergy Louisiana, LLC and Entergy Gulf States Louisiana, LLC; Dr. Michael Martin, LSU chancellor; Dr. Eli Jones, dean of LSU’s E. J. Ourso College of Business; Toni Stephenson; Col. Joseph Booth, executive director of the Stephenson Disaster Management Institute; Emmet Stephenson
LSU has teamed up with several public, private and academic partners in Louisiana to create the Louisiana Business Emergency Operations Center, which officially opened June 2.
The LA BEOC, located at LSU’s South Campus on GSRI Avenue in Baton Rouge, will work to enhance the state’s emergency management efforts by supporting the continuity of business and industry during and after a crisis or emergency. The facility is a partnership among the LSU Stephenson Disaster Management Institute, Louisiana Economic Development, the Governor's Office of Homeland Security and Emergency Preparedness and the University of Louisiana at Lafayette's National Incident Management Systems and Advanced Technologies Institute.
The mission of the LA BEOC is to support disaster management in Louisiana by developing an accurate understanding of economic impacts to critical infrastructures and major economic drivers, as well as coordinating businesses and volunteer organizations with the public sector. Through the LA BEOC, the state will work to improve disaster preparedness and response; reduce reliance on FEMA and other federal assistance; maximize business, industry and economic stabilization; and return the business environment to normal operations quickly.
“The Louisiana Business Emergency Operations Center is the result of a truly unique and collaborative effort among business, government and academic entities,” LSU Chancellor Michael Martin said. “The LA BEOC will provide real support to Louisiana’s business community by providing a direct line of communication for critical industry associations to state government agencies so that resources can be committed to help them get businesses back up and running as quickly as possible. The center’s value has already been realized through its involvement with the Gulf of Mexico oil spill response efforts.
“LSU’s Stephenson Disaster Management Institute has been instrumental in making this center a reality. LSU is committed to meeting the needs of our community and state, and is honored to participate in this partnership by working together toward a common goal,” Martin said.
The LA BEOC was funded by the partnering agencies, as well as other corporate partners. In addition, Entergy Louisiana, LLC and Entergy Gulf States Louisiana, LLC presented the Forever LSU campaign with a $250,000 gift for the LSU Stephenson Disaster Management Institute. The LSU Stephenson Disaster Management Institute will use the donation to complete the final phase of the LA BEOC, which includes a full suite of operations offices, technology, furniture, communications and filing systems, two executive conference rooms with video conference capabilities and a break room.
“Entergy’s donation of $250,000 is an investment in preparation and collaboration as we respond together to the needs of citizens during times of disaster,” said Renae Conley, president and chief executive officer of Entergy Louisiana, LLC and Entergy Gulf States Louisiana, LLC. “It will help all of us work together to implement smart, collaborative emergency management when it is needed most.”
In connection with the LA BEOC, Louisiana will be the first state in the nation to release a public version of Google Earth, and citizens of Louisiana will now have access to Louisiana Earth. During a disaster, the LA BEOC will provide critical information to Louisiana Earth, which will be maintained by GOHSEP.
“We’re excited about our collaboration with the Governor’s Office of Homeland Security and Emergency Preparedness, Louisiana Economic Development and University of Louisiana at Lafayette in the creation of the Louisiana Business Emergency Operations Center,” Eli Jones, dean of the LSU E. J. Ourso College of Business, said. “This innovative center will lead the country in disaster preparation and recovery for businesses. Entergy’s investment in the LA BEOC is a testament to its promise.”
The LA BEOC will be both a physical and virtual structure that will house up to 40 key representatives from the business community, volunteer organizations and state government. When activated, the LA BEOC and its representatives will make disaster recovery recommendations to LED, GOHSEP and the Unified Command Group.
Louisiana businesses are encouraged to register at www.LABEOC.org to provide information about the products and services they can provide to support the state’s disaster response plan. The website also provides a secure way to donate money, goods and services during times of disaster, and will provide information about the economic impact of disasters on the state.
Construction Commences on LSU Laboratory School Gymnasium, Physical Education and Performing Arts Center
Students, alumni and faculty of LSU Laboratory School break ground on a new gymnasium and multi-purpose facility.
LSU Laboratory School faculty, parents, alumni and students gathered together on May 6th to officially break ground on a new gymnasium, physical education and performing arts center, the latest in series of improvements that have transformed LSU Laboratory School’s campus environment in recent years.
This new structure provides a valuable assembly area, which can hold the entirety of the LSU Laboratory School’s elementary, middle and high school student population at once. The school’s athletic teams and various student organizations will also have space to compete and perform within the new facility.
“This event is due in large part to the persistence of many volunteers and the generosity of many donors. We are extremely grateful for our Cub community and excited to break ground on the multi-purpose facility and looking forward to its dedication in December,” stated Dr. Wade Smith, director of the LSU Laboratory School.
In the last few years the Lab School has witnessed a remarkable transformation of the physical facilities at U-High. Buildings that were untouched for 50 years have been renovated and new buildings are now in place to meet the growing demand for spots at the school. With the exception of the band and choir areas, the entire physical plant has been recently constructed or renovated, reflecting the Lab School’s commitment to providing a quality learning environment commensurate with an excellent classroom experience. At the groundbreaking ceremony, it was also publically announced that the band and choir rooms will soon be renovated, completing the upgrade of all facilities on campus. Meanwhile, plans are underway to construct restrooms and a concession stand at the Cub Complex, providing much needed improvements at the facility. Construction will begin on that project in the near future.
The groundbreaking event was attended by a large crowd of guests, including dignitaries such as Dr. Astrid Merget, LSU Executive Vice Chancellor and Provost; Dr. Jayne Fleener, Dean, College of Education; Dr. Jim Wharton, LSU Chancellor Emeritus; Dr. Wade Smith, Director, Louisiana State University Laboratory School; Major General Bill Bowdon, President & CEO, LSU Foundation; Mr. Richard Lipsey and Brett Furr, Co-chairs, University Laboratory School Campaign; Campaign Donors Mr. and Mrs. Claude Pennington and representing the McKernan Family: Mary Jane Scala, Gordon McKernan, Jean Ann LeBlanc; Mr. D. J. Davis, Chairman, ULS Foundation Board; Dr. Albert Camburn, Middle School and High School Principal; Mrs. Dorothy Rumfellow, Elementary School Principal; Mrs. Myra Broussard, Elementary School Assistant Principal; Mr. Frank Rusciano, Dean of Students; Ms. Jill White, Athletic Director; Mrs. Vickie Braud, Physical Education Chair; Ms. Patti Lauve, Choir Director; Ms. Annette West, Band Director; Mr. Kenny Tipton, Architect, Tipton and Associates; Mr. Bill Firesheets, Contractor, Buquet and LeBlanc; Student Representatives: William Fisicaro, Kindergartener, Hannah Chen, Middle School Student Council President and Brandon Woolf, High School Student Council President.
Hosted by the University Laboratory School Foundation, the event commenced with the National Anthem performed by the University High School Band and Choir. The ceremony concluded with dignitaries gathering for the ceremonial groundbreaking while the alma mater and fight song were performed. Volunteers from the Grandparent Club assisted at the reception that followed.
The LSU Laboratory School Foundation is also pleased to report that their Future of Effective Education Capital Campaign has surpassed its goal of raising $5 million. The campaign has raised over $6.3 million to date. The LSU Laboratory School invites you to participate in this exciting time in its history. Contact Mila Sexton, Development Director, at 225-578-3148 for additional information.
LSU Wildlife Hospital to provide care for non-oiled injured animals from the areas affected by the oil spill
Dr. Javier Nevarez, director of the Wildlife Hospital of Louisiana at the LSU School of Veterinary Medicine, examines a yellow-crowned night heron that was brought to LSU on May 1. The heron is the first of five non-oiled injured birds brought to LSU so far following the oil spill in the Gulf of Mexico.
The LSU School of Veterinary Medicine’s Wildlife Hospital of Louisiana (WHL) has been invited by the Louisiana Department of Wildlife & Fisheries to provide veterinary medical care for non-oiled injured animals from the areas affected by the oil spill. During the oil spill recovery process, there will likely be a number of non-oiled injured wildlife that will be identified by volunteers working in the response. As part of our mission and in an effort to allow the organizations in charge of caring for oiled wildlife to expend their resources effectively, the WHL can provide veterinary care to injured wildlife not directly affected by the oil spill.
The WHL received the first non-oiled injured bird, a yellow-crowned night heron, on May 1. The heron was found by Tri-State Bird Rescue (http://www.tristatebird.org) and transferred by the Louisiana State Animal Response Team (http://www.lsart.org) to the WHL. The bird presented with a clavicle fracture (minimally displaced) and will remain at the WHL for at least four to six weeks while the fracture heals. The hope is that the heron can be returned to the wild once it is rehabilitated. LSU now has two brown pelicans, one white pelican, and a cormorant, in addition to the heron.
The WHL stands ready to care for any injured animals not directly affected by the oil found in the area of the oil spill response. The number of injured wildlife not affected by the oil found in this area may increase as more people begin to work in what normally would be a low populated area. This will lead to the identification of injured animals that otherwise may not have been identified by the general public.
The Wildlife Hospital cares for wildlife at no charge to the individual or agency bringing in the animal. Therefore, the hospital relies on monetary gifts to cover the cost of veterinary care for these animals as they are treated for disease and/or injury and then are rehabilitated before being released back into the wild.
To make an on-line contribution, please go to https://www.lsufoundation.org/contribute and, in the section labeled “Please select your gift designation(s),” select your beneficiary unit (“School of Veterinary Medicine”) and choose a fund (“Wildlife Hospital of Louisiana”). You may also mail your check or money order made payable to “LSU Foundation” (please put “SVM Wildlife Hospital of Louisiana” in the memo line) to LSU School of Veterinary Medicine, Office of Institutional Advancement, Baton Rouge, LA 70803. For more information about giving to LSU SVM, please contact us at 225-578-9900.
Entrepreneurship Program Seeks Entry at LSU, Assists Veterans with Disabilities
The Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) offers cutting edge, experiential training in entrepreneurship and small business management to post-9/11 veterans with disabilities resulting from their service to our country. The EBV is designed to open the door to business ownership for our veterans through education, skill-building, and the leveraging of programs and services which benefit veterans and people with disabilities.
The program has established roots in six of the nation’s top business schools: Syracuse University, UCLA, Texas A&M, Purdue, Florida State University and the University of Connecticut.
With your help, LSU can become the seventh university associated with this prestigious and worthy veteran’s program. The E.J. Ourso College of Business, through its Stephenson Entrepreneurship Institute, seeks to provide this valuable training to the disabled veterans of Louisiana. In turn, these motivated veterans will create a profound impact on Louisiana by establishing businesses, hiring skilled workers, and generating economic growth.
In the three years since the program was launched at Syracuse University, more than 200 veterans have completed the EBV training. In 2009, the Department of the Army named the EBV as a national 'best practice' for programs serving soldiers and their families.
The EBV is offered to qualified veterans at absolutely no charge. The universities associated with the program cover expenses for all materials used in the camp, travel to and from the university for on-campus activities, as well as lodging and other costs.
Pro-bono legal services are provided to teach the legal sections in the classroom and to counsel graduates of the program for up to one year after their completion of the camp.
“As a retired Marine Corps General, I believe that the cause of assisting and educating veterans with disabilities is very important and a very worthwhile undertaking for the LSU community,” says LSU Foundation President and CEO, Maj. Gen. William G. Bowdon. “By attending this Bootcamp, these veterans have an opportunity to restart their lives in a positive way and change the lives of others through entrepreneurship. I hope that all our friends and alumni of LSU will consider contributing to the E.J. Ourso College of Business, so that we can establish the EBV here in Louisiana. This is exactly the sort of program that should be here at LSU, which has had a long history rooted in support of our military.”
If you would like to make a contribution to the Entrepreneurship Bootcamp for Veterans with Disabilities through the LSU Foundation, click here.
Checks sent to the LSU Foundation in support of the program should have SEI Veteran’s Initiative written on the memo line.
Thank you for your support of this important LSU goal, which will impact the lives of veterans here in Louisiana, and strengthen LSU’s commitment to serving our community and country.
Campus Beautification Fund Supports First Annual Spring Greening Day
Dozens of volunteers from all areas of campus rolled up their sleeves and got dirty for a beautiful campus on April 30, LSU’s first annual Spring Greening Day.
The event is the first major campus project undertaken by the LSU Foundation’s Campus Beautification Fund. Judging from the success of the event, it is sure to become an LSU tradition that unites students, faculty and staff through a little work, and a lot of fun.
At 30 sites on campus, volunteers worked together to plant flowers, ground cover and ornamental shrubs, as well as lay sod and spread mulch.
While the volunteers provided the labor, materials were supplied by the LSU Foundation’s Campus Beautification Fund, supported by a generous contribution from Raising Cane’s.
"By pulling students outside their niches and into the open air to plant flowers for the LSU community, we can establish roots in organizations that would otherwise have no ties with green initiatives," said Elizabeth Hingle, member of the Spring Greening Day Student Advisory Committee. "Spring Greening Day events also help students open their eyes to a brighter future for LSU's campus and the Baton Rouge community through sustainability in a fun and interactive way."
Spring Greening Day allowed LSU’s Landscape Services to get summer plantings in place in a single day, as opposed to several weeks, through the actions of so many volunteers.
"We are excited about the students joining our staff as we all work together to enhance the incredible natural beauty of our campus during this special sesquicentennial celebration. What a perfect year to kick off this event!" said Fred Fellner, assistant director of Landscape Services.
Included among the site projects were permanent improvements to ornamental plantings, like azaleas and camellias, and ground cover, like jasmine and ivy, to keep the seasonal planting to a minimum.
"Spring Greening Day is important because it further beautifies our already lovely campus while teaching students to care for and maintain their university," said Jan Martin, “first lady” of LSU. "It also sets an example for the larger community in regard to recycling, litter prevention and landscaping."
"In my opinion, an event like Spring Greening Day gives the average student a sense of ownership over their campus," said Cas Smith, member of the Spring Greening Day Student Advisory Committee Member and director of sustainability for the LSU Student Government. "Additionally, the event’s sustainable message is a great opportunity to advocate for ways an individual can protect their planet."
The Albermarle Foundation, and the LSU Student Government and the Student Activities Board teamed to provide funds for other activities on Spring Greening Day.
Part of the funding for campus beautification comes from proceeds associated with the sale of the official LSU ornament. All purchases of the ornament benefit the LSU Foundation’s Campus Beautification Fund. To purchase an official LSU ornament, visit www.lsuornament.com.
To view a gallery of photos from Spring Greening Day, click here.
ExxonMobil, Employees Donate more than $1.12 Million to LSU to LSU
Representatives from ExxonMobil present LSU with a donation of $1.12 million from ExxonMobil’s Educational Matching Gift Program. This is the third year in a row that LSU has received more than $1 million from the ExxonMobil Foundation in matching gifts.
ExxonMobil employees and retirees continued their longstanding support of LSU academics with another generous gift to the LSU Foundation and the Forever LSU campaign. On April 30, 2010, the LSU Foundation received a gift of $1,129,585 from the ExxonMobil Foundation. This total represents the matching of many gifts to LSU which were eligible for ExxonMobil’s Educational Matching Gift Program in 2009. This is the third year in a row in which LSU has received more than $1 million in matching funds from ExxonMobil. In 2008, LSU became the first university in the world to receive more than $1 million in matching funds from ExxonMobil in one calendar year.
ExxonMobil’s Educational Matching Gift Program is a leader in private industry, having donated to colleges and universities across the United States, year after year. Historically, LSU is one of the top universities in the world for attracting support from this program.
“The consistent and generous support of ExxonMobil and its employees, retirees and annuitants means so much to the students and faculty of our university,” said Maj. Gen. William Bowdon, President and CEO of the LSU Foundation. “We are honored to have ExxonMobil as a friend of LSU, and we thank them deeply for the leadership and vision they show to higher education through their matching gift program. This is only one of many examples why ExxonMobil is admired in our community and across the globe.”
Participants in the ExxonMobil Educational Matching Gift Program include current employees, retirees, annuitants, and surviving spouses of former employees and company directors. Since its inception in 1962, the program has provided more than $423 million to higher education in the United States.
"These generous donations from ExxonMobil employees and retirees validate their belief in higher education as an investment for the future, said Baton Rouge Refinery Manager Steve Blume. "This focus on education is paving the way for leaders of tomorrow who will be crucial for the continued success of our country."
LSU HOLDS RIBBON CUTTING CEREMONY ON CAZALOT-MARATHON OIL GEOLOGY ATRIUM
Marathon Oil Corportation CEO Clarence Cazalot (center) cuts the ribbon on the newly-renovated Clarence P. Cazalot, Jr. Marathon Oil Corporation Atrium. Joining Cazalot are (l. to r.) LSU Foundation President and CEO, Maj. Gen. William G. Bowdon, LSU Chancellor Michael V. Martin and Kevin Carman, dean of the LSU College of Basic Sciences.
The LSU College of Basic Sciences and Department of Geology & Geophysics held a ribbon-cutting ceremony for the grand opening of the newly renovated Clarence P. Cazalot, Jr. Marathon Oil Corporation Atrium in the Howe Russell Geoscience Complex on March 31st.
The atrium, which has been heavily used by students as a gathering place, now provides a much-needed multi-purpose space for the Department of Geology & Geophysics. A showplace for the University, it now offers room for lectures, meetings, presentations, and recruiting programs. LSU geology students are highly recruited by a variety of businesses and industries here in the state and worldwide, including petrochemical, engineering, construction and design. Many of the students are recruited to top graduate programs nationwide for careers in academia.
Funds for the renovation were donated to the project through the LSU Foundation and represent a significant gift to the Forever LSU Campaign.
Mr. Cazalot (BS, Geology, 1972) became President and CEO of Marathon Oil Corporation in 2002. He is the only CEO of a Fortune Top 50 company that is a graduate of a school in the Southeastern Conference. His generosity and commitment to LSU are directly responsible for the creation of the Marathon Geoscience Diversity Enrichment Program (GEODE), which provides funding for 20 undergraduate scholarships and five graduate fellowships targeting high-achieving students from underrepresented groups. In addition, his personal gifts and those made through Marathon, have created the Marathon Oil Corporation Distinguished Speaker Series and provided support for the renovation of the LSU Geology Field Camp outside Colorado Springs. Together, they are principal supporters of the Applied Depositional Geosystems program (ADG), a curriculum for graduate students with a focus on industry.
Marathon Oil Corporation recently completed a $3.9 billion expansion of their refinery at Garyville, Louisiana, making it the fourth-largest and most profitable refinery in the United States. Marathon is a vital component of the state’s economic development and its ongoing partnership with LSU and the Department of Geology & Geophysics will help train students to become leaders in industry for generations to come.
Support for the LSU College of Basic Sciences and Department of Geology & Geophysics, like that shown by Mr. Cazalot and the Marathon Oil Corporation, advances the goals of the Forever LSU campaign. Forever LSU is an historic effort by the LSU community to attain more than $750 million in support for LSU by the end of 2010. To find out how you can join the campaign for LSU’s future, visit www.foreverlsu.org.