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Planned Giving

JSU Grad Makes Gift to Fund Scholarship

Derrick and Warline Bryant

Derrick Bryant, pictured with his wife Warline, demonstrates years of commitment to JSU.

As a student at Jacksonville State University, Derrick Bryant vowed to make the most of his higher education experience. A first-generation student from Birmingham, he immersed himself in his studies and became involved in the varied extracurricular opportunities for which the University is well known. Interestingly, as a result of Derrick pursuing a college education at JSU, his two sisters—Rosalie J. Bryant ’92 and Zephia M. Bryant ’96—followed in his footsteps to complete their degrees at JSU.

“As an on-campus dormitory resident, in addition to my academics in the College of Criminal Justice, I was an active participant in JSU football, student government, Reserve Officers Training Corps (ROTC), the work study program, Army Reserves, and in the JSU drama department,” Derrick says.

Upon graduation, his professional career began as a commissioned officer in the U.S. military, a passion he says that was developed in JSU ROTC.

While serving in our nation’s capital beltway, he became involved as vice president, and later president, of the Greater Washington D.C. Alumni Association where he met other graduates who he says were, “very professional, accomplished, and very prideful of their experiences at JSU.”

He credits returning to JSU annually to attend homecoming activities with helping to influence his decision to establish an endowed scholarship fund.

“I saw other successful alumni who I spent time with on campus as an undergraduate and it always reenergized my pride in JSU,” he says. “Now that I’ve been retired from the military for eight years and settled in a second career, I just felt the time was right.”

“I decided to give back to the institution that poured so much into me, and allowed me to find my passion in military leadership and developing interpersonal relationships,” Derrick says. “By establishing an endowed scholarship at the University, I want to assist young people from Birmingham find their passion for life at JSU, just as I did 34 years ago.”

Earl Warren, JSU director of University development, says of Derrick’s scholarship gift, “This is especially gratifying to me. Derrick and I have been friends since we met on campus in the 1980s. I knew then that this intelligent, dedicated individual would become successful. Now he is paying it forward to the JSU students of the future.”

Pay It Forward

If you would like to make a gift to JSU, like Derrick has, please contact Earl Warren at 256-782-5608 or ewarren@jsu.edu.

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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.

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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

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Securities, real estate or any other property having a fair market value greater than its original purchase price.

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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.

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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.

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