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."
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.