Holekamp Family Chair in Athletics Honors Athletic Directors Past and Present

The $45 million Campaign for Burroughs transformed 40 percent of the campus, including athletic facilities, performing arts spaces and student areas. The campaign also strengthened the school's endowment. Longtime Burroughs supporters Kerry and Bill Holekamp '66 were able to double their contribution to the campaign through a legacy gift—half as an outright gift and half through an insurance policy.

Through their support, Kerry and Bill created the Holekamp Family Chair in Athletics, an endowed chair that supports the school's athletic director. The chair honors all of the school's greats: Tom McConnell, Skippy Keefer, Jim Lemen and many more in our 90-year history. Peter Tasker has held the position since 2010. As part of their gift, the Holekamps also named the athletic director's office in memory of Bill's father, Louis R. Holekamp.

Thanks to the Holekamps and more than 1,400 other members of the JBS community, the school received donations and pledges to the Campaign for Burroughs exceeding $45 million.

Throughout the campaign, several Burroughs families significantly increased their contributions through legacy gifts, while realizing substantial tax savings. Legacy gifts, also referred to as planned gifts, can be given now to immediately support JBS or can be part of an estate plan as a way to leave a final legacy. Here are some legacy giving options:

A Gift of Life insurance

• You can name Burroughs as the sole beneficiary (or co-beneficiary) of an existing life insurance policy. After your lifetime, the proceeds of the policy go to JBS.
• You can make Burroughs the owner of a new policy, resulting in more tax savings for you. The face value of the policy is removed from your taxable estate, future premiums paid on the policy can be treated as charitable gifts, and if the policy has a cash value, you can take an immediate tax deduction.

A Gift in Your Will or Revocable Living Trust
You can name Burroughs in your will or trust by adding just a few simple sentences to your estate plan. Because this gift doesn't go into effect until your death, you can change your mind at any time. You can leave a specific amount, a specific percentage of your full estate or your entire estate to Burroughs.

A Gift That Provides You with Income for Life
Through a life income gift, you give a gift to Burroughs and, in return, Burroughs will provide you or someone you designate with an income for life. After your lifetime, the remaining balance of your gift supports Burroughs. Charitable remainder trusts and charitable lead trusts are popular options.