Skip to Content
Mobile Menu

Planned Giving

Brothers Honor the Past, Contribute to the Future of JSU

Robert RingerJacksonville State University has played a pivotal role throughout the lives of Raymond and Robert Ringer, who are both '49 graduates.

Now the brothers are working to honor the institution-and a highly regarded professor- who had such a resounding impact on them.

Last year Robert established the Raymond and Ruth Ringer Faculty Development Award on behalf of his parents. Now he's partnered with his brother and JSU to establish a professorship in memory of Professor Leon McCluer, a longtime and beloved faculty member. The brothers shared this vision with their fellow classmates and McCluer's family and friends, and thanks to their combined efforts and generosity, they have now gathered half of the $250,000 required for endowing a professorship.

Raymond and Robert were born in Jacksonville and their family lived in faculty housing while their father taught at what was then Jacksonville State Normal School. The Ringer brothers later returned to JSU to earn their bachelor's degrees, and lived in the home of Professor McCluer during part of their time on campus. Raymond recalls, "Professor McCluer was a very dedicated, conscientious teacher and just a fine individual."

Robert adds, "He had an incredible impact on me, both as a student and later in life."

Robert RingerProfessor McCluer's positive influence guided both brothers toward careers in education. Robert obtained a master's degree from Mississippi College and a doctorate from the University of Mississippi. He then taught many years at Chipola College in Marianna, Fla. Raymond went on to teach in Cleburne County and Ider, Ala., and served as principal at Moon Lake in Mentone, Ala., and Valley Head Elementary School.

The Ringer brothers are passionate about ensuring this professorship becomes a reality during their lifetimes. Raymond says, "Professor McCluer was an institution on campus, and we'd like to see his memory carried forward through this endowment."

Robert adds, "I'm pleased to be able to give back to JSU, and if everybody gives a little bit, we can get it done."

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 Jacksonville State 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 Jacksonville State University, a nonprofit corporation currently located at Jacksonville, AL, 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 the Foundation 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 the Foundation 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 the Foundation 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 the Foundation where you agree to make a gift to the Foundation 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.