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Opportunities for Growth

Jamie Rusan

Jamie Rusan says he learned the importance of giving back at a time when he needed it the most. He's paying it forward through service to his community.

First-year student Jamie Rusan is new to Des Moines and Drake, yet he is already making a significant impact on campus and in the community.

Rusan is a member of the Engaged Citizen Corps (ECC). The program combines academic coursework and service-learning experiences to empower members to make a difference in their communities. Through ECC, Rusan has an internship with Children and Family Urban Movement, a Des Moines non-profit organization that offers programming for students K-12.

Rusan also volunteers for Habitat for Humanity and serves his fellow students as part of the Student Government Association. Next year, he will work as a residence assistant and plans to participate in the Social Justice Living and Learning Community.

Rusan said he was inspired to give back after his family received support during difficult times.

"I realized in a humble way that service is beautiful," he says. "When my mom lost her job and was sick, we received support from the community, and it warmed my heart. It helped me realize service was an important pillar that everyone should have in life."

Rusan, a pre-pharmacy major from St. Louis, Missouri, selected Drake because of the strong reputation of the College of Pharmacy and Health Sciences. He was also drawn to Drake's Crew Scholars program. Crew helps the University attract and retain a highly-qualified and diverse student body.

Students who participate in Crew meet weekly during their first year to discuss their campus experiences. The program provides opportunities for leadership, mentorship, and career development. It also offers scholarship support. Rusan says he particularly appreciates the interactions he's had with upperclassmen and faculty through Crew.

"The Crew Scholars program spoke to me because I knew I would have a community that supported me," says Rusan. "Crew is kind of like a family. You have a group of people who you know are going to help you out with the homesickness and academics and with the lack of diversity on campus. Crew creates an environment where minorities can support each other. It creates a community that supports the potential in everyone."

You can make a Drake education a reality for future Bulldogs with a gift in your estate plan. Contact John Amato at 515-271-2849 or john.amato@drake.edu to get started making your gift to Drake University.

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 Drake University 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 Drake University, a nonprofit corporation currently located at 2507 University Ave., Des Moines, IA 50311, 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 Drake 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 Drake 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 Drake 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 Drake where you agree to make a gift to Drake 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.