Skip to Content

Planned Giving

Easing the Burden

Scholarship Fund Will Help Students Overcome Financial Barriers

Dr. David Amrani

Dr. David Amrani spoke to scholarship recipients, their families and donors at the November 2012 UWM Scholarship Reception.

One immigrant family’s passion for educational opportunity is making it possible for students in the University of Wisconsin-Milwaukee’s College of Health Sciences to achieve their dreams of pursuing scientific research.

David Amrani, Ph.D. has established the Molly Yeffeth Krain and Irwin Amrani Scholarship for high achieving students accepted into the College’s biomedical sciences, cytotechnology or medical technology programs. David’s annual gifts currently support the scholarship, and a generous gift from his estate will ensure that the scholarship becomes a permanent legacy.

David credits many others for his educational and professional achievements.

“My uncle Irwin was a very special person in my life,” he says. “He always encouraged me to succeed in college and beyond. My mother sacrificed everything for her children. Getting an education was of paramount importance to her. I was the first member of my immigrant family to go to college, let alone get an advanced professional degree.”

David recently retired from Baxter Healthcare as senior research director of Research and Development. At Baxter, he had led the advanced hemocompatibility and cellular therapies programs. Before joining Baxter, he served on the faculty of UWM’s College of Health Sciences from 1987 to 1997, becoming full professor in 1991.

David’s decision to include UWM’s College of Health Sciences in his estate plans stems in part from his loyalty to UWM and the good friends he made here. However, his primary motivation is helping talented students overcome financial barriers to their success.

“Most UWM students have to work while they study. I had to do the same, so I truly appreciate the difficulty involved in succeeding under those circumstances. If this scholarship fund eases the burden of even one student per year, this will be accomplishment enough for me.”

eBrochure Request Form

Please provide the following information to view the brochure.

Make a Gift

Your gift will help shape the future of our university and make a significant impact in our region.

Give Now

View all ways to give

Contact Us

(414) 229-3020

Hefter Conference Center
3271 North Lake Drive
Milwaukee, WI 53211

Staff directory

A charitable bequest is one or two sentences in your will or living trust that leave to the UWM Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

Bequest Language

"I give ($___)(___% of my estate) to the UWM Foundation, Inc., a not-for-profit corporation with its principal office in Milwaukee, Wisconsin, for the benefit of the University of Wisconsin - Milwaukee, (as an unrestricted gift) (to be used in support of....)." 

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to the UWM Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the UWM Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the UWM Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and the UWM Foundation where you agree to make a gift to the UWM Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.