Meet Our Donors

Carolyn D. Felker ’68

“I had a CD insured at $100K with rollover at 1%. [Retired Director of Planned Giving] Patti Price said the endowment would typically grow at a rate greater than that, and the scholarship award payout would be approximately 4%. With my teacher’s retirement plus annuity and social security, I don’t have to make use of any other income streams. At my age, you have a required minimum distribution (RMD), and the scholarship is where I designate my full RMD annually.”