THE GRADUATE CENTER, CUNY: 365 Fifth

The Graduate Center Foundation, Inc.
Gifts and Pledges 2001 & 2002 (to date)

$1,000,000+
Altman Foundation
**Baisley Powell Elebash Fund

$100,000-$999,999
Arthur Ross Foundation, Inc.
AT&T Foundation
Mr. and Mrs. Monroe J. Carell, Jr.
*The Durst Organization L.P.
*Mr. Diego Hidalgo
**Amie and Tony James
**Mr. and Mrs. J. Seward Johnson, Jr.
**The Frederick P. & Sandra P. Rose Foundation
*Jill & Marshall Rose Family Foundation, Inc.
**May & Samuel Rudin Family Foundation, Inc.
**Martin E. and Edith Segal
*Mr. and Mrs. Thomas W. Smith
**Mei and Ronald Stanton
**Janet and Howard Stein
*The Starr Foundation
Mr. Charles J. Tanenbaum

$10,000-$99,999
Anonymous Donors
Vincent Astor Foundation
Albert and Lin Bildner
Professor Randolph L. Braham
Central Parking Systems
City College 21st Century Foundation, Inc.
Gensler
Sonia Raiziss Giop Charitable Foundation
Mr. Michael Hecht
Mr. Andrew Heiskell
*Helenia Fund
Hines Interests Limited Partnership
Imperial Parking, Inc.
Insignia/ESG, Inc.
The Kennedy Family
Ladies' Christian Union
The Litwin Foundation, Inc.
Newmark & Company Real Estate Inc.
The New York Times Co. Foundation, Inc.
Peter Norton Family Foundation
The Putnam Publishing Group
Permanent Mission of Germany to the United Nations
Dr. Adamantia Pollis
*Pumpkin Trust
Mr. Daniel Rose and Mrs. Joanna S. Rose
Rosenberg & Estis, P.C.
The Honorable Benno C. Schmidt, Jr.
The Sara Lee Schupf Revoc. Trust
**The Segal Company
Skadden, Arps, Slate, Meagher & Flom LLP
Ms. Beatrice B. Slater
*Joseph & Sylvia Slifka Foundation, Inc.
Alfred P. Sloan Foundation
Hon. Jean Kennedy Smith
Spanierman Gallery, LLC
W. Clement & Jessie V. Stone Foundation
Stroock & Stroock & Lavan
*The Julien J. Studley Foundation
Tishman Construction Corp. of New York
Mr. Bartholomew Voorsanger

$1,000-$9,999
A/R Environetics Group, Inc.
Advance Magazine Publishers, Inc.
Advanced Contracting Corporation
Allen & Company
Alterman & Boop, P.C.
Dr. Lewis J. Altfest and Dr. Karen C. Altfest
Dr. Garo Armen
The Ackman-Ziff Real Estate Group, LLC
The Arnow Family Fund
Ms. Alberta B. Arthurs
ASM Mechanical Systems
The Bank of New York
Mr. and Mrs. David M. Billings
Professor Rosemarie Bletter
Dr. Sarah E. Boslaugh
Mr. Daniel Brodsky
Brows Family Fund
Ms. Fortuna Calvo-Roth
Professor Mary Ann Caws
Center for Gay and Lesbian Studies
Clarion Partners
The Clarett Group
Component Assembly Systems
Bingham Dana
Ms. Susan Daniels
Professor Kay Deaux
Professor Michael Devitt
Professor Martin Duberman
Eastern Consolidated Properties, Inc.
Ms. Joan K. Easton
Mrs. Inger Elliott
*The Fan Fox and Leslie R. Samuels Foundation, Inc.
Professor Lawrence S. Finkelstein
Ms. Frances T. Fisher
Fred Geller Electrical, Inc.
Ms. Susan A. Gitelson
*Golden Family Fund
Mr. John J. Goodman
Ms. Lynne Gordon
Ms. Mary B. Greene
The Georgetown Group, Inc.
The Greenwich Collection Ltd.
Grubb & Ellis
Mr. Aaron Gural
Mr. Jeffrey R. Gural
Dr. Lyn S. Hill
HOK, Inc.
Mr. H. Earl Hoover
The Hospital for Special Surgery
Mr. and Mrs. John K. Howat
Mr. Mark Jaccom
Mr. Dudley D. Johnson
The Robert Wood Johnson Foundation
Anna-Maria and Stephen Kellen Foundation
Mr. Hans J. Kende
Mr. Ivor Kraft
Herbert H. Lehman Foundation, Inc.
Mr. Joseph J. Lyons
The Malkin Fund Inc.
Mr. Lenard Mandel
Ms. Maria Gaetana MatisseÝ
Ms. Joan McCarthy
McCune Foundation
Mrs. Celia B. McGee
Dr. Binita Mehta
Professor Rolf Meyersohn
Dr. Deborah Nelson
New Amsterdam Entertainment, Inc.
Wachovia
Ms. Constance Old
Otis Elevator Co.
P.J. Mechanical Corp.
Mr. and Mrs. Frederic S. Papert
Mr. David Scott Parker
Pfizer Inc.
Ph.D. Alumni Association of CUNY
Physicians Health Services of NY, Inc.
Queens College Foundation, Inc.
Quinlan & Field, Inc.
The Reed Foundation, Inc.
Research Foundation - CUNY
Professor David Rindskopf
Ms. Marguerite Riordan
Professor Vera Mowry Roberts
Ms. Patsy Rogers
Mr. Samuel Rosenberg
Professor Frank Rosengarten
KMZ Rosenman
Dr. Margrit W. Rustow
Schindler Elevator Corporation
Mr. Marc V. Schnur
Mr. Ira Schuman
Dr. Daniel Shapiro
Ms. Nina Shapiro
Spectacolor Communications, Inc.
Sprint Recycling Inc.
The Ruth and Frank Stanton Fund
Anne & Jacob Starr Foundation
Dr. Abby Stein
Mr. John H. Streicker
The Harold and Mimi Steinberg Charitable Trust
Martin Tackel & Abbe Raven Family Fund
Mr. Richard Tesser
Dr. Judith Tick
Time Warner Inc.
TishmanSpeyer Properties
Professor Carol Kehr Tittle
Barbara and Donald Tober Foundation
Dr. Stephen J. Tricamo
Ms. Caroline Urvater
U.S. Trust Company of New York
Otto and Fran Walter Foundation
White & Case
Wien & Malkin L.L.P.
Barrie Wigmore
D/B/A Winick Realty Group
Ms. Ellen F. Wouters
Zeitz Foundation

*Gift secured with Trustee assistance
**Represents full amount of pledge made prior to 1/1/01
ÝDeceased

Monroe Carell, Jr. Fund Created with Gift

Monroe Carell, Jr.

The Graduate Center has received a generous pledge of $500,000 from Monroe Carell, Jr., chairman of Central Parking Corporation. Carell's substantial gift to the Campaign for The Graduate Center will be used to create the Monroe Carell, Jr. Endowed Fellowship Fund, to provide important financial support for selected doctoral students at the dissertation level. The gift fits perfectly with the highest priority of the Campaign for The Graduate Center, which is to increase financial assistance for doctoral students, in order to attract and support the most talented graduate-level students. The Fund will exist in perpetuity, helping selected Fellows to complete their studies and go on to make significant contributions to their fields. The first Monroe Carell, Jr. Fellow will be selected this fall.

In addition, a portion of Carell's gift will go towards the President's Millennial Fund, which provides crucial discretionary funds to support programs and initiatives as needed.

Central Parking Corporation is the leading provider of parking and transportation-related services throughout North America, South America, Europe, and Asia. For over 30 years, Carell has directed the growth and administration of the company. He also serves on the boards of directors of the Cheekwood Botanical Gardens and Fine Arts Center, the Tennessee Performing Arts Center, Vanderbilt Medical Center, and Vanderbilt University. He has been vice president of the Urban Land Institute, and president and chairman of the board of directors of the National Parking Association. He received a Bachelor of Science degree in electrical engineering from Vanderbilt University.

New Fellowship in Memory of Catherine Hoover Voorsanger

Catherine Hoover Voorsanger

The Ph.D. Program in Art History has announced the establishment of a new fellowship in loving memory of an esteemed friend and alumna, Catherine Hoover Voorsanger. Voorsanger, who passed away at the end of last year, was an associate curator of American decorative arts at the Metropolitan Museum of Art. She had worked at the Met since 1983, contributing to the increasingly visible field of post-Federal American Art. Her main area of concentration was 19th-and 20th-century American furniture, which she became involved in after studying American 19th-century painting and architecture. Voorsanger earned her B.A. in art history from Smith College and her master's and doctorate from The Graduate Center.

Her husband Bartholomew Voorsanger and other family and friends have begun to fund the Dr. Catherine Hoover Voorsanger Fellowship in American Art History with an emphasis on decorative arts. The Fellowship will provide income next fall to an exceptionally promising American art history student. The art history subcommittee on awards will select the recipient. More than 100 friends donated in excess of $100,000 in pledges and payments toward the Fellowship's goal of $250,000.

The Graduate Center's Office of Development is accepting contributions to the Fellowship. For further information about making a gift or setting up your own Fellowship, as many other friends of The Graduate Center have done, please call 1-212-817-7130.

Naming Opportunities: A Legacy of Support

The new campus in the former B. Altman building, renovated to serve The Graduate Center's mission, houses a wide variety of beautiful spaces where the dynamic exchange of ideas takes place daily. Many of these state-of-the art spaces are available for naming opportunities, and because they are already constructed, donors' gifts do not need to be used for building costs. With an endowment gift payable over several years, a donor can provide a name for a space while creating a stream of income to support students, faculty, and a wide range of programs and activities.

Photo: Jimmy Cohrssen

Other naming opportunities for donors are available at The Graduate Center besides the naming of rooms and spaces; for example, a donor may wish to allocate the funds from a gift to a named fellowship for doctoral students; a faculty chair; or as support for one or more academic programs, research centers, and institutes; public programs; or the President's Millennial Fund.

The following spaces are currently available to be named in honor of donors. For further information please contact the Office of Development at 1-212-817-7130 or e-mail development@gc.cuny.edu.

Art Gallery
Dining Commons
Conference Complex
Dissertation Reading Room
Main Lobby and
Historic Vestibule
New Media Lab
Skylight Room
Child Care Center
Fitness Center
Departmental Study Areas
Seminar Rooms

In addition to larger spaces, other important parts of The Graduate Center's building may be named in honor of donors, including library study rooms, the historic staircase, the reference desk, the historic elevator, microfilm areas, the marble water fountain, ranges of bookshelves, tables, sections of bookshelves, individual study stations, and seats in the Harold M. Proshansky Auditorium and the Baisley Powell Elebash Recital Hall.

Planned Giving: Join the Heritage Society

A planned charitable gift through the Heritage Society not only promotes doctoral education at The Graduate Center for years to come, it also saves money on taxes and guarantees a source of income for the donor or his or her beneficiaries. The Graduate Center's Heritage Society is for those who are planning a gift in their will or are establishing one of the many kinds of charitable trusts. Here are brief explanations of two types of trusts:

Photos: Paul Warchol

Charitable Remainder Trust

This trust provides an initial stream of payments to the donor or other beneficiaries for life or for a term of a number of years. At the end of the term, all remaining assets go to The Graduate Center Foundation for a program the donor has designated.

The two principal types of remainder trusts are charitable remainder unitrusts and charitable remainder annuity trusts. Each pay either a fixed dollar amount or a fixed percentage of the fair market value.

Charitable Lead Trust

This trust provides an initial stream of payments to a designated program at The Graduate Center over the donor's or another person's life or for a term of a number of years. At the end of the term, all remaining assets go to the donor or to his or her beneficiaries.

Estate planning is a sensitive matter, but discussing estate plans with an attorney or financial advisor will often result in tax savings and possibilities for charitable giving that were never thought possible. A sound estate planning strategy can provide generously for the donor's heirs and for The Graduate Center.

Planned gift possibilities come in many forms. Another type of gift, called charitable gift annuities, can produce returns of 8% and over, depending on the age of the donor. Gifts can be structured to assure long-term income streams to family members as well. Charitable gift annuities come in three different forms:

Single-Life Gift Annuity

In return for a charitable gift, The Graduate Center Foundation provides a lifelong annuity to the donor or to someone they designate.

Two-Life Gift Annuity

In return for a charitable gift, The Graduate Center Foundation provides an annuity to one person and then another person after the first person's death.

Deferred Gift Annuity

In return for a charitable gift, The Graduate Center Foundation postpones payments of an annuity to an individual for a number of years. This is preferable for younger donors who want to postpone the income in order to see the trust grow.

Nearly every alternative provides immediate income tax benefits. Establishing a charitable gift annuity with The Graduate Center Foundation allows donors to simultaneously make a wise investment and support doctoral education at The Graduate Center.

A charitable gift annuity pays the donor and, subsequently, the donor's beneficiaries a fixed-interest payment for life. A portion of each payment is tax-free. Donors may claim an immediate income tax deduction for part of their gift and simultaneously continue to maintain the earning capacity of the asset. Charitable gift annuities can be paid for with cash or marketable stock. After the donor and the beneficiaries have passed away, the remainder of the Charitable Gift Annuity will go to The Graduate Center.

For more information on planned giving opportunities at The Graduate Center, please contact Larry Cowen at the Office of Development at 1-212-817-7132.