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Planned Giving

Forever Impact for Student Athletes

The late Ralph '40 and Vivian Monger gave generously to Davidson College through financial contributions and through volunteering. Ralph was involved in multiple Reunions for his class and served on the Board of Visitors, and the couple contributed regularly to the newly renamed Fund for Davidson and Davidson Athletic Fund.

The Mongers' legacy lives on at Davidson through the Ralph and Vivian O. Monger Athletic Scholarship. By including the college in their estate plans, a couple committed to education and philanthropy will forever impact lives of Davidson student athletes.

Ralph and Vivian Monger

One current recipient of the couple's scholarship is volleyball player Tindall Sewell '14, a political science and Spanish major from Atlanta. She credits her Davidson athletic career with developing communication skills and the ability to work successfully in a team and build relationships, all attributes that will follow her beyond graduation in the spring.

"The volleyball team's theme for this year is 'Arete,'" says Sewell, "a Greek phrase meaning 'giving and doing your greatest potential in everything,' which really encapsulates my four years at Davidson."

Additionally, Sewell values the relationships that students and faculty forge, forming a supportive community unique to Davidson.

Sharing the same sentiment is Becca Garman '14, a senior lacrosse player, anthropology major and a two-year recipient of the Ralph and Vivian O. Monger Athletic Scholarship. The Baltimore native likes that Davidson puts the "student" aspect of being a student athlete first, and that athletes aren't cut off from the rest of the student population.


After considering colleges of all sizes in a variety of regions, Garman committed to play lacrosse at Davidson upon visiting campus without even meeting the team first; a "big leap" that the senior is pleased she took. Since then, the women's lacrosse program has grown immensely, even going undefeated in the Big South conference last season.

Garman, who intends to pursue an advanced degree in public health, believes that she owes improved discipline and time management to her time on the lacrosse team. An excellent work ethic is necessary to balance her packed schedule of practices, conditioning workouts and games, not to mention her responsibilities as a student.

Both athletes believe that their experiences in their respective sports played a primary role in shaping their time at Davidson, creating memories and skills that will stay with them for the rest of their lives.

"I'll do everything I can to give back," assures Garman. "It's like a chain; I want to help a Davidson student in the future, just like Mr. and Mrs. Monger were able to do."

Sewell agrees with her close friend and fellow athlete. "Giving to Davidson cements the legacy you want to leave behind. The fact that donors still value the students at Davidson and still want to maintain a connection to the school speaks volumes."

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A charitable bequest is one or two sentences in your will or living trust that leave to Davidson College 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

Bequest Language

I, [name], of [city, state ZIP], give, devise and bequeath to Davidson College [written amount or percentage of the estate or description of property] for [its unrestricted use] or [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 Davidson 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 Davidson 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 Davidson 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 Davidson where you agree to make a gift to Davidson 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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