Attracting and Retaining the Best
For the late Dr. George Peters '29 and his wife, Louise, talented and dedicated college professors were to be valued, supported and sought after.
For George, a pre-med student at Ohio Wesleyan who moved on to become a decorated naval officer, a distinguished career as a surgeon followed. He was a founder and co-owner of Montgomery Alabama's University Medical Center Hospital and always remembered and valued the dedication and excellence of his OWU professors.
Following the Peters' philosophy of "trying to give back and do for others," he and Louise decided to name Ohio Wesleyan in their will by way of a generous bequest establishing and maintaining a faculty chair in a University-selected academic department. Professor of Theater Bonnie Milne Gardner '77 is the current chair holder and one of OWU's most talented and deserving faculty members who continues to make a difference in the lives of her students.
But beyond endowing faculty chairs, there are several other possibilities that can be instrumental in attracting and retaining the best and brightest Ohio Wesleyan professors.
"Through endowments for faculty research, professional development and faculty salary initiatives, we can ensure that our students receive a life-changing education from superb professors, who stay on the cutting edge of new teaching methods and knowledge specific to their fields," says Dan Hitchell, OWU vice president for finance and treasurer.
When professors are engaged and excited about their academic disciplines and sharing the latest discoveries, their students are inspired and are even better prepared for graduate school and their chosen careers. Providing funds for the continued development of Travel-Learning courses or Theory-to-Practice Grants-both part of The OWU Connection curricular initiative-enhances individual faculty attention for students outside of the classroom, which is fundamental to an Ohio Wesleyan education.
An Easy Decision
For George and Louise, the decision to give back to Ohio Wesleyan was an easy one. He once shared that he felt he owed something back to his alma mater: "If I hadn't gotten the education I received, I don't think I would have had all that I have enjoyed."
Almost 10 years after his death, the Peters' generous gift continues to make a difference for faculty and students in Delaware.
How Can You Help?
For more information about gifts for faculty endowments or to discuss other opportunities for making a difference, contact Office of Gift Planning at (740) 368-3078 or firstname.lastname@example.org.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.