Returning the Favor: Scholarship Gift Gives Back to Georgia State
It was the spring of 1964, and Bill White was staring at a dead end. Four years earlier, Bill had started what looked like a promising career at an Atlanta business magazine publishing company. He thought his engineering degree from Georgia Tech and experience as editor of the Tech weekly newspaper would help him advance. However, the company lacked the opportunities and vitality Bill wanted, and he sensed it was going nowhere.
Purely by chance, he attended a large social meeting at the Heart of Atlanta Motel, where a young, dynamic guest speaker was introduced.
"The meeting moderator told us where the speaker got his bachelor's, his master's and his Ph.D.-three degrees, and he was my age," Bill remembers. And suddenly a spark generated in my mind, and I said, 'By gosh, I'm going back to school.' The next morning, with the door to my office closed, I started calling local colleges."
That fall, Bill enrolled in business school at what was then called Georgia State College. He earned his marketing MBA in June of 1966, and just a few months later he landed a job at IBM.
"I'm very thankful for the fact that Georgia State enabled me to get into IBM," he says. "It was the right combination of ingredients coming together. If that combination had never occurred, I don't know if I would ever have had another opportunity like that."
IBM also gave Bill the chance to participate in its generous employee stock-purchase plan-to which he allotted 10 percent of his salary over 26 years. Now he's showing his gratitude to Georgia State by donating half of that stock as a legacy gift, which will support university-wide scholarships granting future students wider opportunities of their own.
The Opportunity of a Lifetime
Bill spent more than a quartercentury at IBM. The job afforded him opportunities to travel, yet it also allowed him to keep roots in Atlanta, where he's been for more than 50 years.
"I love Atlanta. It's great," he says. "I love telling people about Atlanta and showing them the city."
And, as evidenced by his generous legacy gift, he's also a devoted supporter of Georgia State.
"I'm impressed by everything I see going on around the campus these days," he says. "And I hope that what I leave for scholarships can help other students the way Georgia State helped me. The diversity and talent of the student body give me hope for the future.
"Georgia State enabled me to be hired by IBM-absolutely, I'll state that to anybody. And being part of the great IBM enabled me to work here and make Atlanta part of my life. I'll always be thankful that I was with IBM, and that I was able to get accepted at Georgia State. I appreciate IBM and Georgia State every day."
Say Thanks to Georgia State
If you are interested in making a legacy gift to Georgia State, please contact Wendell Clark at 404-413-3425 or email@example.com to get started.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.