Spring 2008 Quarterly

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Gustavus Adolphus College

$1 million goal reached by Bruce Gray ’61

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n 1999 Hartley ’44 and Ruth Nordin decided to fund a $1 million endowed scholarship at Gustavus. They had grown their endowment from an original gift of $200,000 to $800,000 just before a 2004 accident claimed Hartley’s life. In 2007 Ruth completed Hartley’s wish by investing in a $200,000 annuity, which completed their plan for the endowed scholarship. The Gustavus annuities will provide Ruth income for

Ruth and Hartley Nordin ’44

Gustavus Fund announces second challenge grant by Anthony Pasiak

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he Gustavus Fund is pleased to announce a second challenge grant from the Greater Gustavus Fund for 2007–08. The first challenge, announced in the Fall 2007 Quarterly (p. 38), was a $50,000 grant that matched new and increased unrestricted gifts of $1,000 or more. That challenge was met and surpassed, generating an additional $112,000 in unrestricted support for the College. At their winter meeting in December, the Greater Gustavus Fund Board of Trustees was so pleased by the success of their first challenge that they decided to raise the stakes. The new $50,000 challenge grant will match new and increased gifts of $5,000 or more made to the Gustavus Fund made by May 31, 2008. The goal is to add 10 new members to the President’s Leadership Circle (unrestricted gifts of $5,000 or more). This challenge grant will also match increased gifts made by current members of the President’s Leadership Circle. “This is a tremendous vote of confidence from the Greater Gustavus Fund, which will allow us to continue promoting significant and increased unrestricted giving to the Gustavus Fund,” says Teresa Harland ’94, associate vice president for advancement. “This challenge allows us to raise the sights of future and current donors and to expand the number of leadership donors to the College.” Help the Gustavus Fund meet and exceed the additional $50,000 challenge grant for 2007–08 by leveraging your Gustavus Fund gift today! Go online to gustavus.edu/giving, call the College at 866-487-3863, or mail your significant gift by May 31, 2008. G

Tony Pasiak is associate director of the Gustavus Fund for leadership annual giving.

her lifetime and will at the time of her death provide funding for the Hartley and Ruth Nordin Scholarship Endowment Fund. Hartley, a 1944 graduate, followed a family tradition of attending Gustavus. His father attended the Academy and the College and his sister, Eunice Nordin Gordon, graduated in 1941. After leaving Gustavus, Hartley graduated from the University of Minnesota Law School. Over his distinguished career he spent time as deputy state attorney general, acting state attorney general, and first assistant U.S. district attorney. The culmination of his career was 17½ years as referee in bankruptcy in Minneapolis Federal Court, where he served until retiring in 1983. Hartley and Ruth were married in 1993 and together made Gustavus a recipient of their philanthropy. A charitable gift annuity is a contractual arrangement in which the donor makes an outright gift and, in turn, the College invests the gift and pays a specified amount to the donor for life. The specified annuity amount does not change and is guaranteed by the College. As Hartley once said, “Charitable gift annuities are great for older people who want to leave a legacy and still want some thing to live on.” G Bruce Gray ’61 recently retired from Gustavus after a career of more than 40 years in admission, student financial aid, student affairs, and planned giving.

Contact Information For information about establishing an annual or endowed scholarship, a charitable trust or gift annuity; giving stock or mutual funds; including Gustavus in your will or estate plan; or planning a gift for student/faculty research, faculty development, building projects, or another College purpose, please contact Gift Office staff by phone (800-726-6192 or 507-933-7512) or e-mail (giftplanning@gustavus.edu), or ask a staff member to contact you by visiting www.gustavus.edu, clicking on “Giving to Gustavus” and then “Contact Gift Office Staff.”

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