Dr. Robert (Bob) L. Holt '67 leveraged the IRA Charitable Rollover provision to establish an endowment on the occasion of his 50th reunion that honors two admired W&L mentors, the late Chemistry Professor Keith Shillington and History Professor and friend Ted DeLaney. The Dr. Robert L. Holt '67 Endowment for Student Learning Experiences in the Sciences will enable deserving W&L undergraduate students to pursue summer research and internships with a W&L faculty mentor, a faculty mentor at another university, or a physician or medical professional in a hospital or research center.
"I think the simple fact is that the timing is perfect,” Holt said. “Because I am still working, I am not strapped for cash nor need the IRA income. So this is an opportunity for me to benefit the university and to take advantage of a tax benefit as well. I am pleased with this opportunity. It's a win-win."
Holt's tax-savvy gift to his alma mater counted in his 50th reunion giving totals and recognizes mentors and friends who made a difference in his life. He runs a thriving West Palm Beach practice and is an adjunct professor at UAB School of Dentistry.