PSU Magazine Fall 1993

Joining the board Roberta McEniry '76, chief fin ancial office r at Whit– taker ommunica– tion, is the new pre ident of the PSU Foundation Boa rd of Directors. Elected to the executi ve commit– tee fo r the l993- 94 yea r are CD Hobbs, vi ce pre ident and genera l manager of Hi -T ech Publi ca tion ; Jerry Parsons '62, executive vice pre ident of Willamette lndu trie ; Stella Lillicrop, community leader; Don J. Miller '66, vice president of corporate develop– ment and financial planning fo r orrhwest Natu ra l Gas; and Gary Cole, assoc iate at Ball Janik and Novack. This year the 33-member board plans to secure funds fo r PSU's distance learning program (EdNet) and generate funds to establi h a positi on and program in planned and major gifts fo r three years. Earlier this spring, three new direc– tors were elected to three-yea r terms on the board. They are Margaret Ho pes, senior v ice president of Phy ician er– vices at Legacy Hea lth ystem; Elie G. Kassab, pre ident and owner of Prestige and Company; and Douglas . tiding, pres ident and CEO of Rollins Hudig Hall of Oregon, Inc. Chairing for the 50th Former Alumni Boa rd Pres ident C huck C lemans '56 and PSU fri end Kay Stepp have agreed to co-chair PSU' 50th annive rsa ry, a community-wide celebra– tion beginning in fall 1995. Portland State was founded as the Vanport Extension Center in 1946. C lemans was a member of the Portland State College C lass of 1956, the first class to receive diplomas. How Will the New Tax Act Affect You? Depending on your income, your tax rate may have increased-for all of 1993. More of your Social Security payments may be subject to tax. If your estate is significant, a higher gift and estate tax rate will apply. But if you are planning a year-end gift, your tax savings may be greater than before . You no longer have to worry about the alterna– tive minimum tax when making gifts of appreciated property. You can still transfer property and receive a life income. For a complimentary booklet explaining the features of the new tax act and discussinq Roberts scholarship A scholarship fo r community- in vo lved students is being established in honor of Frank L. Robert , former O regon state enator and P U emeritu professor of speech communication. Roberts, who served as both a mem– ber of the O regon House and Senate, wa one of Portland State's first faculty. He pl ayed a key role in the transforma– tion of the Uni versity from the Vanport Extension Center to today's urban university. The Frank L. Roberts Community ervice Scholarship will be awarded to graduate students on the bas i of fin an– cial need and demonstra ted track record of community service and involvement. For more information or to make a pledge contact Debbie Murdock or larence Hein '65 at Portland rate Uni versity, 725-4411. gift-planning opportunities it presents, return the attached coupon or call us at (503) 725-4911 . r- ----------- - - -- ----------- - - --~ Please send the booklet about the Revenue Reconciliation Act of 1993 to: Address _________ City__________ State/Zip_________ ' ' L___ _________ __ __ _______________ J Return to: PSU Foundation P.O. Box 243 Portland, OR 97207 FALL 1993 17