Skip to Content

Scholarship support has long-lasting impact

William Longfield with scholarship recipient

William Longfield, BN'60, poses with the original recipients of his endowed scholarship at the Scholarship Luncheon in 2010.

Established nearly a decade ago by two Drake alumni, the Nancy and William Longfield Endowed Scholarship has provided financial support to 26 students so far.

For the Longfield Scholars, the impact of the funding they received—and the Drake educations their scholarships made possible—has been long-lasting.

Neko Graf, PH'17, received the Longfield Scholarship when he attended Drake. As a student, he studied health sciences and was a member of the football team. After he graduated, he accepted an offer to attend a prestigious management training program for Cintas Corporation in Minnesota. Once completed, the program will lead to numerous options for advancement within the company.

"The opportunities that have been available to me are due to my experience at Drake," says Graf. "All of my accomplishments would never have been possible without the generous Longfield Scholarship."

Carly Laurent, JO'17, was also a recipient of the Longfield Scholarship. Before she received the award, she believed she would have to transfer from Drake because of financial difficulties.

"It was such a blessing that I didn't know what I did to deserve, but man, am I thankful," she says.

Laurent graduated last year with a degree in public relations. She was offered a job as a digital media specialist at a local architectural firm a few weeks after graduation. She says her scholarship funds have allowed her to live comfortably while working a job she loves.

"I am confident I wouldn't be where I am today without the help of the Longfield Scholarship," she says. "I can never thank the Longfields enough."

If you would like to establish a scholarship that can support future Drake students, or are interested in supporting them in other ways, please reach out. You can contact John Amato at or 515-271-2849 to begin the conversation.

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.