Jerry Glass '71 knows firsthand the value of a Florida State University education and the difficulties of working full time while pursuing a degree. For these reasons, he and his wife decided to create the Jerry and Carolyn Glass Scholarship Fund in the College of Criminology and Criminal Justice.
"I believe in the institution that guided me to where I am today, and I wanted to offer the same opportunities to less fortunate students," Jerry says.
Ardent supporters of the College of Criminology and many other academic units, Jerry and Carolyn knew it was time to make a lasting impact on the students who share Jerry's love of law enforcement.
"I am the first graduate with a degree in criminology to endow a scholarship for the College of Criminology. I also have contributed to the colleges of medicine and business. I hope one day to contribute to additional areas."
After consulting the Office of Planned Giving, Jerry and Carolyn decided that a charitable gift annuity was the best way to fund their scholarship. The couple realized that the gift annuity would provide them not only a substantial charitable deduction, but also fixed payments.
"The annuity will give my wife and me income for the remainder of our lives, and I know the endowment we establish will ensure deserving students better opportunities for education," says the retired U.S. Department of Transportation special agent.
To establish the gift annuity, the Glasses made a generous gift to the FSU Foundation and received an immediate tax deduction. The couple now receives fixed payments from the FSU Foundation.
Even after retiring to his hometown of Marianna, Fla., Jerry isn't slowing down. He remains a Seminole to the core, serving on numerous boards and attending sporting events every chance he gets.
Through the Jerry and Carolyn Glass Scholarship Fund, he continues his enduring commitment to helping students in the College of Criminology and Criminal Justice pursue their goals.
"Our time on earth is short," Jerry says. "By giving to the University and endowing scholarships, I hope to be remembered long after I'm gone and to encourage future generations of my family to contribute to something I believe in so strongly. I encourage other people to do the same."
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.