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Planned Giving

Scholarship Benefits Nontraditional Social Work Students

Karin Schmidt

Karin Schmidt '89, Masters in Social Work, is using her IRA to lessen the financial burden on UWM students.

Karin Schmidt '89 attributes her successful social work career to UWM and her ability to complete her graduate degree as a nontraditional student.

As a case manager, supervisor, program manager, behavioral medicine educator, psychotherapist and field supervisor, Karin touched nearly every aspect of her profession during her 32-year career in social work. She even worked at UWM as a mentor for students pursuing a social work career of their own.

Because of her gratitude for her UWM education, Karin has decided to create a new endowed scholarship supporting nontraditional students earning their Masters in Social Work at the Helen Bader School of Social Welfare. Many nontraditional graduate students attend school while raising a family or working full time. They frequently have fewer scholarship options and often find themselves taking out additional student loans.

"It gives me great satisfaction to know I can help future nontraditional students so they won't have to struggle to pay for their education," Karin says.

"Students pursuing careers in social work often find themselves in modestly paid positions and cannot sustain large student debt," Dean Stan Stojkovic says. "Karin's generous gift will make it possible for talented, dedicated professionals like her to enhance their education and improve their ability to serve our communities."

With advice from her financial planner, Karin established the scholarship with a gift this year. She will enhance it with any retirement assets she doesn't need during her lifetime.This simple method for making a charitable gift also has tax advantages for Karin and her family members.

Thanks to generous donors like Karin, the Helen Bader School of Social Welfare can ensure a strong pipeline of talented professionals capable of addressing some of our society's most challenging issues.

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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.

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