Gift Planning
Planned Giving
Find out what types of assets make the best planned gifts. Learn about gifts of cash, securities and property.
Bob and Mary Are Giving Smarter and Achieving Their Dreams...Find Out How You Can Too!
Bob and Mary first met at Two-Bit Flicks, a 25-cent movie night held on Fridays in Brighton Lecture Hall. When the spring formal hosted by the women's dorm came around, Mary asked Bob to go with her. It was their first "official" date.
The rest, as the saying goes, is history. Or in Bob and Mary's case, it is natural history. That's because Emporia State also introduced them to a lifelong passion for the natural sciences.
Bob and Mary feel Emporia State was the catalyst for the life they've built together. Mary became a science educator for 6th, 7th, 8th and 9th grade students. Bob founded and served as director of the Great Plains Nature Center and became a renowned nature photographer.
Now they want others to have the same opportunity they did. They want to help students come to ESU and discover a passion they can follow for the rest of their lives.
Bob and Mary found a simple and easy way to achieve this dream. When they set up their trust, they named Emporia State as a beneficiary.
What's your dream?
Learn how easy it is to make your dream a reality by naming Emporia State University in your will or trust. Contact Angela Fullen, Director of Planned Giving at the Emporia State University Foundation. She can answer your questions or help you get started. If you have already named Emporia State in your will or trust, let us know. We will make sure your gift does everything you want it to do.
"I would encourage anyone, if they are thinking about doing something like this, to contact the Foundation. For us, it has been a great experience." - Mary Butel
Getting Started is Easy
Not sure how to take the first step? We've got just the thing you need. Download your free Will and Estate Planning Guide. This guide is an easy way to get started on, or update, your estate plan. It will help you explore your options at your own pace. It's free, easy and yours to keep.
Download your copy today or contact Angela Fullen to request a printed copy.
Angela Fullen
Director of Planned Giving
Telephone: 620-341-6465
[email protected]
Washington News
Hurricane Ian Tax Relief in the Carolinas
Over 89 fatalities have been reported. Many were individuals in Florida who were trapped by rising flood waters and drowned. Others were lost in devastating destruction at Fort Myers Beach or Sanibel Island.
Air traffic was grounded in the devastated areas. Over 2,000 flights per day were canceled from Wednesday through Friday in Florida and the following week in South Carolina. Tampa and Orlando airports were completely shut down, as was the Charleston International Airport in South Carolina.
Over 2.5 million Floridians were under evacuation orders. However, a number of individuals chose to stay in place and ride out the storm. There were record levels of power outages. At one point, approximately 25% of Florida or 2.7 million customers were in the dark.
The insured losses in Florida are expected to exceed $60 billion. This is the second largest disaster loss. It trails Hurricane Katrina that struck New Orleans in 2005, which caused almost $90 billion in losses when inflation adjusted to 2022.
With winds of 150 miles per hour when it reached Cayo Costa, Florida, Ian was the fifth highest speed hurricane in U.S history. There were winds of 140 mph in Cape Coral, 135 mph in Punta Gorda and 112 mph in Pelican Bay. The gusts in South Carolina reached 94 mph.
A major risk of any hurricane is the storm surge. The West Coast of Florida had a maximum storm surge of 12 feet. Both Naples and Fort Myers surpassed the highest water levels previously recorded.
Central Florida reported 20 inches of rain in multiple areas. Union Park, northeast of Orlando, had a record 21.16 inches of rain.
As a result of the damage in Florida and the Carolinas, in IR-2022-173 the IRS extended the previous Florida tax relief to the Carolinas. Individuals in Florida, North Carolina or South Carolina will have until February 15, 2023 to file most tax returns. These filing deadlines will occur for tax and payment requirements that commenced on September 25 in South Carolina or September 28 in North Carolina
Many individuals had a 2021 tax return filing date extension until October 17, 2022. Taxpayers in these three states may now delay filing until February 15, 2023. However, tax payments were due on April 18, 2022 and the relief will not apply to those amounts.
The relief also will generally apply to quarterly estimated income tax payments and certain excise payments. Eligible South Carolina payroll and excise tax deposits will not accrue penalties if they are made by October 11, 2022. Eligible North Carolina deposits are required to be made by October 13, 2022.
The IRS emphasizes that it will automatically provide the filing and penalty relief to anyone with a permanent address in the disaster area within the three states. Unreimbursed disaster-related losses may be deducted on a 2022 tax year return or a return for tax year 2021. The Federal Emergency Management Agency number for South Carolina is DR-3585-EM-SC and DR-3586-EM-NC for North Carolina
Published October 7, 2022
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