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EVERY Gift Makes a Difference

 

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The Annual Scholarship Fund

The most critical gift need at Lyon College is for annual scholarships. In short, more scholarships mean more students, and more students translate to more acceptances into medical, professional and graduate schools, and then eventually to more service to the state, the region and the nation. A charitable investment in scholarships at Lyon College is an investment in leadership and service.

Many institutions of higher education have what is called an annual fund giving program. The major difference is that at Lyon, you can know exactly what your "annual gift" is going to fund. Your contribution goes directly to helping another student experience the unique Lyon College education.

A special note to our alumni: Many funding agencies, such as grant-making private foundations, ask for a college's alumni giving rate, or alumni participation rate, in the grant application process. That percentage can often be the make-or-break statistic when a major capital, endowment or scholarship grant is hanging in the balance. Your consistent gift each year, regardless of its size, helps ensure that corporations and foundations know Lyon College has the support and backing of a strong, loyal alumni base.

In the most recent fiscal year, Lyon's alumni giving percentage was 49%, highest in the school's history and highest among all college's and universities in the state. To be sure, it is one of the highest in the nation; less than 5 percent of colleges in the U.S. exceed 45 percent in alumni participation rates.

Moreover, Lyon College is listed regularly in prestigious higher education rankings done by publications and educational organizations, such as U.S. News & World Report, Princeton Review and others. Those rankings take into account that same statistic--alumni giving. In fact, Lyon's ranking in in U.S. News in 2005 was four places higher, primarily due to the increase in percentage of alumni donors.

Endowment

The importance of endowment lies in its permanence. It is the college's hedge against future financial challenges. It is an institutional "savings account in perpetuity" which generates a flow of income annually that will always be there. Donors can elect to establish named endowments to honor or memorialize a loved one while assisting in the support of a cause close to that family's heart, whether it be scholarships, student awards, faculty chairs or professorships, capital construction or building maintenance. Unrestricted endowment is equally critical, as it provides enduring support for the overall health of the institution.

Endowment and other naming gift opportunities often have minimum giving levels required to establish a chair, program or activity. To learn more about these named gift options, please contact the vice president of institutional advancement or one of the advancement officers listed on the IA staff page.

Capital Projects

As the College grows--whether that growth is in programs, number of students or physical plant size--so does its capital needs. In addition, there will always be needs related to facilities maintenance. Construction and renovation of buildings, new equipment, additional athletic facilities and surface areas and state-of-the-art technology are at the core of meeting the needs of students in a residential, academic setting and keeping pace in a changing world.

As is true with endowed projects and programs, capital projects offer various naming opportunities--for any new facilities being planned or constructed, for the many offices, classrooms and auditoriums inside such facilities and for areas such as athletic fields, common gathering spaces and special interest areas such as landscaped gardens and fountains. Such gifts continue to make the difference in the quality of the college programs and in the well-kept beauty of the campus.

Types of Gifts

Current Gifts to Lyon College can be made in a variety of ways and take various forms. In each case, the gift can and should be closely suited to the donor's financial situation, philanthropic interests and tax advantage. The Lyon College staff encourages donors to consult with their own tax advisors, accountants, financial planners and/or attorneys to ascertain which method of giving would be best for their circumstances. The staff will assist in any way possible, in a strictly confidential manner, to facilitate your giving preferences.

Current gifts take such forms as Cash, Stocks, Bonds, Real Estate, Personal Property, Matching Gifts from Employers, etc. Lyon staff members can provide account and routing numbers for stock and other electronic transfers. You may make gifts via check, credit card, over the phone or on-line. If you are interested in making a pledge to a campaign, the staff will ensure that you receive return envelopes as frequently as you'd like to make gifts--monthly, quarterly or annually. Also, regardless of the size of gift, you will receive written acknowledgment for your tax records.

Planned Gifts,
also called deferred gifts, are often an excellent way to permit the donor to make a larger gift, perhaps retain a life income and likely reduce tax liability. Examples of planned gifts include will bequests, trusts, annuities or other income-generating plans and life insurance policies. Just as with current gifts, Lyon College encourages donors to consult with their own tax advisors in making decisions regarding which deferred gift strategy would best serve the donor's charitable interests, financial circumstances and tax situation.

Upon request, the college can provide proposals which outline the benefits and explain the workings of certain planned giving instruments at the donor's disposal. Such gifts may be made with or without restrictions, supporting the College as a whole or directed to enrich specific programs. The donor may specify whether his/her gifts will be expendable for current operating funds or set aside as endowment to provide an income stream funding a special interest program in perpetuity.

Another link goes into greater detail regarding planned giving options, and if you have questions or interest, you are encouraged to explore that link.

Thank You!

Lyon College is fortunate. This enduring institution enjoys a history of blessings, more than 120 years of close relationships with benefactors who have taken the students', the college's and the community's best interests to heart. Those who have the privilege to serve at Lyon College stand on the shoulders of generations who sacrificed to make Lyon College the distinctive educational pillar of excellence it is today. Those generations held hands across time and distance to collectively support a college that has a unique Presbyterian, Scottish heritage, a stately campus that still amazes and a learning community of faculty and students that reaps national-level laurels year after year after year.

You as a donor join those ranks. And the Lyon College community thanks you for your partnership. Simply stated, Lyon College looks to its friends, alumni and neighbors to make it possible to keep its promise...which is to produce graduates who are bound by honor, committed to service and prepared for success. Thank you for joining us in that lofty quest.


 

MAILING ADDRESS:
Lyon College
P.O. Box 2317
2300 Highland Road
Batesville, Arkansas 72503
PHONE: 870-307-7211

e-mail: tbruner@lyon.edu