The Florida State University freshman class of 2008-09 possesses many exceptional qualities, such as an average SAT score of 1265 and ACT score of 28. One quality among these students that might go unnoticed, however, is a penchant for community service prior to arriving at FSU.
This attribute is readily acknowledged at the Center for Leadership and Civic Education, specifically through its Service Scholar Program. Each year, 12 incoming freshmen that have exhibited an outstanding record of service and leadership in their communities are selected to join the program, which provides a renewable four-year scholarship. The Service Scholar Program is made possible primarily through private support. One such supporter is Ron Koons, (Arts & Sciences '51).
After serving three years in the Army during World War II, Mr. Koons decided to attend Florida State. He stayed busy during his years at FSU pursuing a degree in economics, running track, holding a Golden Key membership, helping to establish the campus's first chapter of the Lambda Chi Alpha fraternity and serving on the university senate. Mr. Koons credits the university and his time on the senate with making him a more outgoing person and preparing him to enter a career in real estate development.
His passion for community service and Florida State matched well with the mission and vision of the Service Scholar Program. "These youngsters just get out there and serve their community," Mr. Koons says. "That just impressed me. These are our future leaders." He was so impressed by these students that he has established four charitable gift annuities with Florida State, all of them designated for students who have provided volunteer service to their communities prior to coming to FSU.
As Mr. Koons knows, the charitable gift annuity is a unique giving vehicle that enables him to meet his philanthropic goals while also providing him and his wife with a reliable stream of income. After establishing his first charitable gift annuity in 2001, Mr. Koons appreciated the security of knowing it would produce steady payments for the rest of his life. "That is especially important in the current economy," he says. And thanks to the generous support of Mr. Koons, future students with a passion for giving back to their communities will be rewarded during their time at FSU.
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.