A $3 million planned gift to support student scholarships

Charlotte M. Hamill sought to ensure a TC education for current and future students

The late Charlotte Hamill never completed a degree at Teachers College, leaving instead for a 22-year career directing direct strategic and community planning for the Burke Rehabilitation Hospital in White Plains, New York. Yet the TC courses she did take – particularly those taught by Psychology Professor Emeritus Leonard Blackman – made her want to extend that same opportunity to many others.   

Hamill was so passionate about that goal that she created scholarships for students in the here-and-now while also providing for TC in her will. The result was a spectacular “win-win” that provided Hamill with smart tax advantages and will help the College and its student for years to come.

Indeed, Hamill found so much joy in giving that she kept right on doing it – particularly as she became increasingly taken with TC’s remarkable students and saw the difference that her generosity made in their lives and work. After establishing the Charlotte M. Hamill Scholarship in 2000, Hamill repeatedly recommitted to that endowed fund through three separate charitable gift annuities. These gifts were structured to provide her with guaranteed income during her own lifetime and to more than double the fund’s value upon her death. 

She would have been gratified to know that her plans succeeded brilliantly. When Hamill passed away on November 30th 2015 – one day short of her 97th birthday – the sum total of her gifts stood close to $3 million.

“This wonderful woman truly modeled how a savvy donor can use all the giving options available at TC to prudently manage her own assets and maximize the power of her gifts,” says Louis Lo Ré, Director of Planned Giving. “It requires a certain level of trust for someone to do that, and Charlotte had that trust in TC. We are so fortunate, and so grateful for her generosity.”

Published Friday, Jan. 29, 2016

A $3 million planned gift to support student scholarships

Charlotte M. Hamill sought to ensure a TC education for current and future students

The late Charlotte Hamill never completed a degree at Teachers College, leaving instead for a 22-year career directing direct strategic and community planning for the Burke Rehabilitation Hospital in White Plains, New York. Yet the TC courses she did take – particularly those taught by Psychology Professor Emeritus Leonard Blackman – made her want to extend that same opportunity to many others.   

Hamill was so passionate about that goal that she created scholarships for students in the here-and-now while also providing for TC in her will. The result was a spectacular “win-win” that provided Hamill with smart tax advantages and will help the College and its student for years to come.

Indeed, Hamill found so much joy in giving that she kept right on doing it – particularly as she became increasingly taken with TC’s remarkable students and saw the difference that her generosity made in their lives and work. After establishing the Charlotte M. Hamill Scholarship in 2000, Hamill repeatedly recommitted to that endowed fund through three separate charitable gift annuities. These gifts were structured to provide her with guaranteed income during her own lifetime and to more than double the fund’s value upon her death. 

She would have been gratified to know that her plans succeeded brilliantly. When Hamill passed away on November 30th 2015 – one day short of her 97th birthday – the sum total of her gifts stood close to $3 million.

“This wonderful woman truly modeled how a savvy donor can use all the giving options available at TC to prudently manage her own assets and maximize the power of her gifts,” says Louis Lo Ré, Director of Planned Giving. “It requires a certain level of trust for someone to do that, and Charlotte had that trust in TC. We are so fortunate, and so grateful for her generosity.”

How This Gift Connects The Dots
 
Scholarships & Fellowships
 
Faculty & Programs
 
Campus & Technology
 
Financial Flexibility
 
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