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A Lifelong Interest in Medicine

College of Medicine

College of Medicine

Having served on the boards of the FSU Foundation, FSU Boosters and the FSU Alumni Association, Mina Jo Powell is very familiar with the benefits and personal rewards of giving back to the University. Her well-established relationship with FSU dates back to 1946, when she enrolled as a freshman in the University's first coeducational class. After receiving her Bachelor of Science degree in 1950, Mina Jo moved to Houston. During the next decade, she worked at the Baylor College of Medicine and as a Houston Public Welfare social worker. Mina Jo decided to return to FSU and earned her master's degree in social work at FSU in 1963.

An avid supporter of FSU, Mina Jo has made numerous gifts to various academic and athletic programs over the years. Her decision to support the College of Medicine is related directly to its mission, which focuses on the needs of rural, elderly and other underserved populations. Mina Jo is proud to support a program that equips its students with the tools required to specialize in fields such as geriatrics and gerontology—two areas that do not receive adequate national attention.

Mina Jo has made charitable giving a very important component of her overall estate plan. This is demonstrated by her numerous deferred gifts, which include remainder interests in two charitable remainder trusts as well as a very generous bequest in her will. Mina Jo has also made FSU the primary beneficiary of her retirement plan. Because of her thorough planning and generous support, the College of Medicine will be better able to study neuromuscular and neurological disorders and aging while providing proper care to those who cannot afford it. The College will also be able to attract more attention to innovative research of degenerative diseases at FSU.

When asked what advice she would give to other FSU friends who are considering gifts through their estate plans, Mina Jo suggests paying attention to the details and asking lots of questions. Finally, she emphasizes the importance of "giving back to the community so that people less fortunate can have opportunities, too," and she reminds us that "education is the way to get people out of poverty."


A charitable bequest is one or two sentences in your will or living trust that leave to Florida 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 Florida State University, a nonprofit corporation currently located at Tallahassee, Florida, 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 FSU 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 FSU 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 FSU 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 FSU Foundation where you agree to make a gift to the FSU 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

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eBrochure Request Form

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