waves of change 5, blueprint for the future summer 2012

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Blueprint for the Future: Waves of Change SUMMER 2012 THE CAMPAIGN FOR PEPPERDINE…CHANGING LIVES e Campaign for Pepperdine PEPPERDINE.EDU/CAMPAIGN Blueprint continued page 4 A dream more than two decades in the making, Pepperdine University has begun taking its first steps to construct a new University Events Center, its largest ever single capital project. It represents the Campaign for Pepperdine’s most ambitious priority, seeking to raise at least $50 million. Once completed, the University Events Center will be celebrated as the University’s premier events and athletics facility, uniting the Pepperdine community and its students like never before. As the future iconic centerpiece of the Malibu campus, the University Events Center is being billed as the quad evolution. “From the outset, this project was viewed as one of the most important opportunities to enhance student life on campus,” said Phil Phillips, vice president for administration. “With its prominent place among student residences, availability of open spaces for courtyards, plazas, and other gathering places, and its inclusion of food service components, the University Events Center will bring students together every day.” Envisioned 20 years ago through Pepperdine’s Long-Range Development Plan, the project was approved unanimously by the Los Angeles County Regional Planning Commission in May 2011. Staged at the top of the undergraduate campus in the heart of student housing, the building will Interior | Basketball Vista Terrace ARCHITECTS NAMED, PLANS ANNOUNCED FOR UNIVERSITY EVENTS CENTER By Nate Ethell (’08) BLUEPRINT FUTURE for the

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The campaign for Pepperdine, led by co-chairs Marylyn Warren, '58, and Glen A. Holden, and a cadre of more than 100 volunteers, will transform the lives of our students through four aspirations: advancing learning, knowledge, and scholarship; honoring God and our heritage of faith; building community; respecting diversity, and promoting global understanding. With "Changing Lives" as the campaign theme, Pepperdine has set a goal of $450 million to support student-centered priorities to do just that---educate our students who will in turn change lives around the world.

TRANSCRIPT

Page 1: Waves of change 5, blueprint for the future summer 2012

Blueprint for the Future:

Waves of Changesummer 2012

The Campaign for pepperdine…Changing Lives

The Campaign for Pepperdine pepperdine.edu/Campaign

Blueprint continued page 4 �

A dream more than two decades in the making, Pepperdine University has begun taking its first steps to construct a new University Events Center, its largest ever single capital project. It represents the Campaign for Pepperdine’s most ambitious priority, seeking to raise at least $50 million. Once completed, the University Events Center will be celebrated as the University’s premier events and athletics facility, uniting the Pepperdine community and its students like never before.

As the future iconic centerpiece of the Malibu campus, the University Events Center is being billed as the quad evolution. “From the outset, this project was viewed as one of the most important opportunities to enhance student life on campus,” said Phil Phillips, vice president for administration. “With its prominent place among student residences, availability of open spaces for courtyards, plazas, and other gathering places, and its inclusion of food service components, the University Events Center will bring students together every day.”

Envisioned 20 years ago through Pepperdine’s Long-Range Development Plan, the project was approved unanimously by the Los Angeles County Regional Planning Commission in May 2011. Staged at the top of the undergraduate campus in the heart of student housing, the building will

interior | Basketball

vista Terrace

arChiTeCTs named, pLans announCed for universiTy evenTs CenTer By Nate Ethell (’08)

Blueprint Future for the

Page 2: Waves of change 5, blueprint for the future summer 2012

2The Campaign for Pepperdine

GreetingsCONgRAtULAtIONS! Almost 15 months to the day since our spectacular launch at L.A. Live, we have crested the $300 million mark of our $450 million Campaign for Pepperdine. As a loyal member of our Pepperdine family and donor community, you march alongside us in this monumental effort. It’s a bold campaign—our biggest ever—and destined to change the life of every Pepperdine student and the global community we serve.

Our single largest campaign project, the 5,000-seat University Events Center, will transform the community within and beyond our family of Pepperdine Waves. As Pepperdine’s newest centerpiece of spirit, it will proudly host all that Pepperdine has to offer, showcasing our very best in academics, athletics, and the arts. Connecting students, alumni, and friends worldwide, the University Events Center will be the premier venue for Pepperdine’s entire family to call home.

But to raise this roof we must first raise the funds—$50 million to launch the construction phase. We have enlisted an energetic committee of alumni, University regents, and friends, led by 1976 Seaver graduates Joe and tari Rokus, to help us bring this project to reality. With multiple levels and feature spaces—from the center court and hospitality room to an expansive terrace and conditioning complex—the building will provide us with ample funding and naming opportunities for the major benefactors who invest in our dream.

We are thankful to those who have made foundational gifts and pledges and grateful for a smooth and successful journey through the regulatory process thus far. And we appreciate you, our closest friends, who join us in imagining the lives we will change as we unite the Pepperdine community in our future “Home of the Waves.”

S. Keith Hinkle (JD ’97)senior Vice president for Advancement and public Affairs

From the CAmpAiGn For pepperdine

Page 3: Waves of change 5, blueprint for the future summer 2012

LindLey and Lanier famiLies Throw 75Th anniversary Bash

3 pepperdine.edu/campaign

Greetingshosting with houston hospitalityThe parties were everywhere—parks and poolside, community centers, and a gala at Warner Bros. Studios—to celebrate Pepperdine’s 75th anniversary year. Waves alumni chapters organized most of them, gathering fellow graduates and families for festive reunions with classmates and friends. And then there was Houston, where the Lindleys and Laniers—both Seaver families—marked Pepperdine’s milestone with unbridled texas hospitality.

Kim and Don Lindley began their relationship with Pepperdine just four years ago when their twin daughters Alanna and Evanne enrolled at Seaver College. But as residents of the Lone Star State, whose motto is simply “friendship,” the Houstonians had no trouble drawing from their texas roots to start changing lives at Pepperdine.

The Lindleys were inspired to join the Seaver Parents Council and served one year as national co-chairs of the council’s executive board. “By volunteering on Pepperdine’s behalf, Don and I immediately felt more connected to Pepperdine,” said Kim. “We have often told other parents that it seems as if our daughters are just 100 miles away!”

As their family’s engagement with Seaver grew, so did their commitment to its vision, inspiring them to support the Campaign for Pepperdine and Seaver College, as well as Kim’s decision to join Seaver’s campaign committee. Learning more about Pepperdine from the “inside, out,” as Kim puts it, ignited their enthusiasm to build relationships with others who also love the University.

“When Sara Jackson asked if I would consider joining the campaign with such a lofty goal, I was a bit intimidated,” Kim recalled. “However, I knew one thing for certain: great things are happening in Malibu and across the globe as a result of Pepperdine’s mission and purpose.”

In building these relationships, the Lindleys organized last May the Houston Waves 75th anniversary party and barbeque. Eager to rally the abundance of Waves in the Houston area, Kim and Don hoped to support the campaign by gathering prospective and current students, alumni, parents, and friends from all of Pepperdine’s schools to celebrate the University’s historic achievement.

Kim and Don soon were connected to Pepperdine ambassadors Becky and Mark Lanier, parents of Seaver alumnae grace and Rachel. Mark, a respected attorney, has long been an advocate for aspiring students in the legal field, and the couple in recent years has supported the School of Law with pacesetting gifts to the Ken Starr Excellence Fund and the William H. Webster Chair in Dispute Resolution. At his firm, Mark also has provided summer clerkships to Pepperdine’s law students and hired a number of freshly-minted graduates to work in his offices around the country.

Houston continued page 12 �

Page 4: Waves of change 5, blueprint for the future summer 2012

east plaza entry

4The Campaign for Pepperdine

be a multi-purpose events, performance, and student athletics complex, designed to unite the community through indoor and outdoor recreation, meeting, and dining spaces central to student life.

“The University Events Center will play a key role in bringing together resident and non-resident students, athletes and non-athletes, and undergraduate and graduate students,” said Wilbur Faulk, associate vice president for planning, operations, and construction. “Its highly prominent location at the top of the Runnels Sports and Recreation Village will connect students, as well as alumni, with signature events and athletics that enrich the collegiate experience.”

Part of the University’s Campus Life Project, the building will include an 18,500 square-foot event floor with spectator seating for up to 5,000. As Pepperdine’s largest venue, it will host the University’s major events, including graduations, convocations, and the annual

Bible Lectures, as well as conferences, lectures, concerts, dinners, and athletic competitions. Continuing Pepperdine’s tradition of implementing green building design and construction, the structure will be designed to meet or exceed LEED Silver standards.

The facility’s commitment to community will be exemplified in its additional spaces, including a food court and academic work rooms, as well as an amenity-rich hospitality room. Featuring panoramic views of the Pacific Ocean, the hospitality room will host a variety of gatherings, from student and alumni events, banquets, and meetings to pre-game and half-time receptions and rallies.

Seaver College alumni Joe (’76) and tari (’76) Rokus are leading the project’s fundraising effort. “As co-chairs for the University Events Center and Athletics campaign committee, Joe and I are thrilled to be steering the way for this extraordinary facility,” said

Blueprint continued �

Page 5: Waves of change 5, blueprint for the future summer 2012

interior | Concert

5 pepperdine.edu/campaign

tari. “One of my fondest memories as a student was assisting President gerald Ford and John Wayne at the dedication of Firestone Fieldhouse. It is my hope that one day other students will get the honor of escorting another president as we dedicate the new University Events Center.”

Pepperdine has hired Sink Combs Dethlefs as principal architects and gruen Associates as associate architects for the project. Following a request for qualifications sent to 15 potential architectural firms, and interviews with the eight most qualified firms, the University made its final selection from three firms asked to submit formal proposals and participate in a design competition. Those finalists were chosen for their excellent staffing, expertise in the industry, and experience with athletic facilities.

“We selected Sink Combs Dethlefs based on the results of several design workshops, presentations, and concept development with the final three firms,” said Wilbur. “Their concept design was an exciting demonstration of their clear understanding of and ability to address the University’s needs and its unique architectural heritage and aesthetic direction.”

Sink Combs Dethlefs’ principal-in-charge has been involved in the design of each of the more than 40 arenas completed by the firm in the past 35 years. The firm’s president, who will also be assisting with design review, has worked with more than 20 Division I schools in athletic and recreation facility design. Sink Combs Dethlefs will serve as lead design architect, while local-architect

Page 6: Waves of change 5, blueprint for the future summer 2012

hospitality room

6The Campaign for Pepperdine

gruen Associates, also working with Sink Combs Dethlefs in the design process, will oversee day-to-day construction. McCarthy Building Companies, one of the top 10 commercial builders in the country, will serve as the project’s contractor.

“In selection of both the architect and contractor, primary factors we considered were experience and reputation with the building type and institutional clients, especially in higher education, and the firms’ business philosophies and ‘fit’ with Pepperdine,” remarked Chris Portway, campus architect for Pepperdine. “It was very important that we bring on board collaborative professionals who will truly partner with Pepperdine in pursuit of the best possible project for the University.”

The University Events Center will also be an important upgrade to Pepperdine’s athletic facilities. Fully complying with NCAA regulations for athletic competitions, elements developed specifically for student athletes will serve as an influential recruiting tool for Pepperdine athletics, which recently was honored for the third time in eight years with the Division I-AAA Athletics Directors Association All-Sports trophy for the 2011-2012 year.

“The competition for recruiting Division I student athletes is intense, to say the least,” said Steve Potts, director of athletics. “There are so many positives about Pepperdine and our athletics program, but this new facility will be an incredible addition to our recruiting efforts. It will signal that Pepperdine competes in intercollegiate athletics at the highest level and quality in all that we do.”

Plans for the complex include full-size practice courts, allowing student-athletes to practice when other events are occupying the main arena floor. Recruiting and team success will be enhanced by a performance center for strength and conditioning, as well as a comprehensive sports medicine suite, where doctors and trainers will be equipped to administer injury rehabilitation for all of Pepperdine’s student-athletes.

As Pepperdine continues fundraising for the facility, early backing for the endeavor has been encouraging. “The surge of support from donors for a project of this scale is very exciting,” said Sam Lagana, associate vice chancellor. “The University Events Center will be a life-changing experience for this campus, and we are in a wonderful position to welcome many people who will help us make it a reality!”

Page 7: Waves of change 5, blueprint for the future summer 2012

interior | debate

interior | volleyball

7 pepperdine.edu/campaign7

Meanwhile, the University currently is progressing through the application and submission process for California Coastal Commission approval. The construction permit process for the building will follow the coastal commission’s approval.

“The University Events Center will be a world-class complex for students and alumni and a preeminent athletic facility on the West Coast,” said campaign co-chair Joe Rokus. “We still have plenty of work to

do before we break ground, but if we all do our part in supporting this remarkable new facility, there will be no limit to the number of lives we can change.” n

For more information about giving and naming opportunities for the University Events Center, please

contact Sam Lagana, associate vice chancellor, at (310) 506-4454 or [email protected].

Page 8: Waves of change 5, blueprint for the future summer 2012

8The Campaign for Pepperdine

LuCiana and danieL forge have established a $2.9 million charitable remainder annuity trust benefiting theatre scholarships and the fall musical.

sTans foundaTion has given an additional $360,000 to the Stans Family Endowed Scholarship.

Brenden mann foundaTion has pledged $200,000, with $100,000 to the Israel Internship Program and $100,000 to the Jewish Moguls, Jewish Characters, and American Reality Initiative.

peggy and aLLan Kwong have given $105,000 supporting the Pepperdine Wave Classic golf tournament, Recital Series, and the Saint John’s Bible.

sheiLa and Tom BosT have pledged $100,000 to support the University.

CarroL and rex parris have given $100,000 toward the School of Law Online Education Program.

amy Jo (’00) and CharLes runneLs have made an additional generous commitment to the University Events Center through a charitable gift annuity.

We are grateful to

the following major

benefactors whose

generous support in

recent months has

brought our total

to more than

$304 million.

CAmpAiGn

Gifts pledges

Page 9: Waves of change 5, blueprint for the future summer 2012

9 pepperdine.edu/campaign

Program The Education to Business (E2B) MBA consulting program at the graziadio School of Business and Management routinely is cited among the best courses for students to address increasingly complex issues in the business world. Ranked by U.S. News and World Report as one of the top ten college courses in America, the graziadio School has identified the program as a $3 million campaign priority. With E2B, the investment goes both ways.

“My E2B projects have revealed to me the intricacies that go into creating business plans…and just how many solutions there are to any business or marketing dilemma,” reflected MBA candidate Olga Zaklis. “I have collaborated with a team like never before, harnessing my own leadership abilities and learning to appreciate the unique set of skills, knowledge, and contributions each group member brings.”

Since its inception nearly a decade ago, the program has partnered with scores of firms, from startups to Fortune 500 companies, to conduct more than 250 case

projects. As “consulting” teams, MBA students tackle relevant business issues, establishing valuable relationships with local companies and organizations. After 14 weeks of extensive research, students identify actionable solutions and present comprehensive recommendations for company leadership.

New Hampshire Ball Bearings, Inc. (NHBB), a leading manufacturer of precision bearings and assemblies based in Chatsworth, California, completed an E2B case project with the graziadio School last spring. Supporting the program with a $10,000 gift, the company asked marketing students to develop a new international expansion and marketing strategy.

“Pepperdine’s E2B program was enriching and productive for NHBB,” Dan Lemieux, vice president of business development and marketing, reported to the graziadio School. “As we were presented both strategic and marketing recommendations to consider and implement, the results of the

E2B continued page 12 �

graziadio’s

$304,502,014*

*as of July 31, 2012

About the CAmpAiGnThe Campaign for

Pepperdine, led by co-

chairs Marylyn Warren

(’58) and Glen Holden,

and seven volunteer-led

campaign committees, is

transforming the lives of

our students through four

aspirations that advance

learning, knowledge, and

scholarship; honor God and

our heritage of faith; build

community; and respect

diversity and promote

global understanding.

With “Changing Lives”

as the campaign theme,

Pepperdine has set a goal

of $450 million to support

student-centered priorities

to do just that—educate

our students to change lives

around the world.

Campaign Funds rAised

Campaign prioriTy geTs down To Business

Page 10: Waves of change 5, blueprint for the future summer 2012

Revelation Incipit with the Son of Man • Artist: Donald Jackson

a 21sT CenTury BiBLe enriChes pepperdine’s LiBrary of The fuTure

10The Campaign for Pepperdine

the monumental impact of the globally acclaimed Saint John’s Bible continues to be celebrated by Pepperdine University Libraries

nearly one year after receiving the Bible’s first volume. As a gift to the Pepperdine community honoring the University’s 75th anniversary, the Bible is a historic addition to University Libraries’ special collections, intended to dramatically enrich the spiritual life of the school and its students.

“Following the initial meetings that took place between the library and the Saint John’s Bible team, we were immediately intrigued and decided to bring the Bible to campus for the annual Bible Lectures,” said Mark

Roosa, dean of Pepperdine University Libraries. “It was enthusiastically welcomed by our community, and the experience of having the Bible on campus helped us envision making a home for it here.”

Commissioned by Saint John’s Abbey and University, the original Saint John’s Bible was the first illuminated, handwritten Bible requested by a Benedictine monastery in more than five centuries. taking more than a decade to complete, the original work was executed by renowned British calligrapher Donald Jackson, senior scribe to Her Majesty Queen Elizabeth’s Crown Office. Through the Bible’s Heritage Program, Pepperdine has ordered one of only 299 copies of the Bible’s newly released Heritage Edition, the only full-size fine art reproduction of the original work. totaling more than 1,100 pages, the Bible’s seven volumes feature all 73 books from the Old and New testaments.

Despite the use of old-world traditions to create the illuminated manuscript, it already is lauded as a work of art for the 21st century. “Although the Saint John’s Bible team used medieval techniques to make the Bible, including quill pens, hand-mixed inks, and vellum pages, the art is decidedly modern,” noted Melissa Nykanen, head of special collections and university archives. “Many of the illustrations reference scientific discoveries made in our own age or world events that have taken place in recent years. This gives the Bible a real sense of relevance to our era.”

The Bible appeals to many faith traditions, an attribute enthusiastically welcomed by Pepperdine. Following

iGnitinG the spiritual imagination

Page 11: Waves of change 5, blueprint for the future summer 2012

Sower and the Seed • Mark 3 � Artists: Aidan Hart with contributions from Donald Jackson

and Sally Mae Joseph

Revelation Incipit with the Son of Man • Artist: Donald Jackson

11 pepperdine.edu/campaign

the Benedictines’ value on hospitality, the Saint John’s Bible intentionally embraces many faith communities in its imagery, revealing the commonalities among them. “One of the goals of the Heritage Edition of the Saint John’s Bible is ‘to ignite the spiritual imagination of people around the world of all faith journeys,’” said Melissa. “By sharing this Bible with the communities of Pepperdine and Los Angeles, individuals and communities will be inspired to see and think about the Scriptures in new ways.”

University Libraries quickly began integrating the Saint John’s Bible into academic and spiritual life following the first volume’s arrival. Since arriving on campus last year, the Bible already has been shown to undergraduate religion and graphic novel classes and used for scripture readings in Thanksgiving and Easter services. This fall, it will be enjoyed by convocation groups through the Bible’s “Seeing the Word” program, designed to guide reflection and prayer through reading biblical texts and viewing corresponding images from the Bible.

The University is eager to connect with other communities around Los Angeles as well, taking the Bible “on tour” and showcasing it at gatherings with local business and faith communities. “In each of these instances, guests have the opportunity to learn about the Saint John’s Bible and its relevance to Pepperdine’s history and mission,” Melissa explained. “They interact with the Bible up close, and some have even followed up by bringing new visitors to campus to see it in the library.”

Fundraising for the Bible in the last year has been exceptional, with the support of the University Libraries campaign committee, as well as Judge Maureen Duffy-Lewis, chair of the Saint John’s Bible subcommittee. Pacesetting gifts have been made by Eff and Patty Martin, Allan and Peggy Kwong, and Jay and Judy Welker.

“Donors have embraced the Saint John’s Bible—not just as a physical acquisition, but as a moving spiritual addition to University culture,” said Dean Roosa. “The deep thoughtfulness of the art and the contemplative nature of standing with it have made it a Bible that the community has welcomed wholeheartedly.”

With the final volume scheduled to arrive in winter 2013, University Libraries’ next fundraising priority for the special collection will be creating a Saint John’s Bible alcove. With this dedicated space, one volume will be displayed at all times for the community, creating a unique area in Payson Library for insightful reading of the Bible’s text and word art, as well as spiritual contemplation.

“The Saint John’s Bible, as a consummate work of faith and art, speaks to the core of Pepperdine, engaging with the University’s students and communities on a profound level,” reflected Dean Roosa. “It will be a legacy that will last for hundreds of years—lighting the future for generations to come.” n

iGnitinG the spiritual imagination

Page 12: Waves of change 5, blueprint for the future summer 2012

students’ different approaches and the formal process they used speak for themselves.”

“My project with NHBB allowed me to dive head first into an industry that was completely foreign to me, but it gave me invaluable business experience and increased exponentially what I know about creative project development and implementation,” said Olga. “Without a doubt, the E2B program has been the most challenging, yet rewarding part of my MBA career.”

More than 5,000 students have now completed an E2B project, led by professors such as John Buckingham, a practitioner faculty member of marketing, who believes in the program’s potential so wholeheartedly that he has begun supporting it with his own resources. “With Pepperdine’s E2B program, our business students get C-level experience and real-life learning that effectively prepare them to ascend in their own careers,” John commented. “It is the absolute differentiator between a Pepperdine MBA and any other business degree in the United States.” n

12The Campaign for Pepperdine

E2B continued �

“president Benton challenged all of us to ‘stand’ for pepperdine...”

Houston continued �

Becky and Mark partnered with the Lindleys to host the signature event at their locally celebrated Lanier Estate Village, a Cotswold-area village featuring a fifth-century Cappadocian stone chapel and the Lanier Theological Library, one of the world’s largest private religious studies libraries. As

a result, the celebration had a capacity crowd with more than 200 guests in attendance. “President Benton challenged all of us to ‘stand’ for Pepperdine, and that is exactly what the Laniers did,” said Kim. “Becky and Mark were gracious hosts, and because of their generous support, we were able to bring the Campaign for Pepperdine to Houston.”

As the campaign continues, the Lindleys and Laniers remain committed as champions for Pepperdine and its vision to transform exceptional students. “If each of us purposes in our heart to spend our time and hard-earned dollars on something truly meaningful, we can touch the future and change lives,” said Kim. “I cannot imagine a better place to do that than Pepperdine.” n

MBA candidate Olga Zaklis

Page 13: Waves of change 5, blueprint for the future summer 2012

ediTor’s noTe:

As the namesake of the Terry M. Giles Honor Scholarship, University regent and School of Law Board of Visitors member and campaign committee co-chair Terry Giles (JD ’74) selects each year a third-year recipient based on academic achievement and involvement in the law school’s activities.

But for Terry, when it came time to choose among this year’s finalists Alyssa Ayotte (’07, JD ’12), Caitlin Leonard (JD ’12), Megan Rechberg (JD ’12), Chalak Richards (JD ’12), and Bradley Thomasma (’09, JD ’12), he learned that selecting just one of these extraordinary students would be more difficult than he imagined.

With Terry’s permission, I am sharing his response to the School of Law explaining how he arrived at his final decision. The outcome is a powerful example of our alumni partnering with students to change lives in the most inspiring ways.

From: Terry Giles Sent: Wednesday, April 18, 2012 1:13 PMTo: Barfield, Margaret E.Cc: Tacha, DeanellSubject: TMG Scholar

Hi Margaret,

Well, this year was the most difficult in the nearly 30 years I have been doing this. Literally every candidate was fantastic.

1. Caitlin was off the charts smart and has incredible charm.

2. Bradley is a born entrepreneur and will have a hard time deciding between being a successful lawyer and a successful businessman.

3. Alyssa is not only terrific in every possible category—she might also be the nicest person you could ever meet.

4. Chalak has all the skills necessary and a heart as big as California. Her dedication to her non-profit passion is remarkable.

5. Megan is going to have unbelievable trial skills. I predict we will be reading about her trials within a few years.

As a result, I am left with no other alternative but (for the first time in 30 years) to call it a tie at the top. Kristen will be sending you $10,000 from our Foundation to be added to the $15,000, which is the endowed scholarship annual amount. Please deliver $5,000 to each of these exceptional human beings, and each will receive a plaque from us indicating that they are the Terry M. Giles Honor Scholar.

I hope the administration at the Law School will not view this as a lack of courage on my part not to just “select a winner.” The truth is that every year this task is tough—but this year it was impossible.

Please forward a copy of this e-mail to each of the candidates and extend to them my congratulations on their outstanding law school careers. It was my pleasure to meet and get to know each of them.

With warmest regards,

Terry

amicus Brief Terry m. giLes honor sChoLar program

13 pepperdine.edu/campaign

Page 14: Waves of change 5, blueprint for the future summer 2012

14The Campaign for Pepperdine

1� Not one size fits all. You can make a charitable bequest in many ways, designating either a specific dollar amount, assets like certain shares of stock or a piece of real estate, or a percentage of your estate. For example, if you have three children, you can decide to divide the estate four ways, one for each child and one for Pepperdine. You may also gift your estate’s residue, designating any remaining assets to Pepperdine that have not been gifted to your heirs.

2� Give taxable retirement assets. Pepperdine receives 100 percent of the designated amount you choose to give from your retirement assets, such as an IRA, 401(k), and 403(b). When retirement plan assets are gifted to your children, they pay ordinary income taxes on the amount they receive, depleting the value of your gift. A bequest made from retirement account assets is most effectively made by the beneficiary designation rather than your family trust or will.

3� You can direct how a bequest is invested at Pepperdine. With your bequest, you can endow a scholarship fund or program or support a specific

school or division. Whatever you decide to support, your gift will be invested as you direct.

4� A bequest is a flexible way to give. Because the gift doesn’t happen until after your lifetime, you retain the ability to change your bequest at any time until your estate plan becomes final. As life circumstances change, so does your ability to modify your bequest.

5� Membership in Pepperdine’s Heritage Society. When you include a bequest of any size to Pepperdine in your estate plan, you are eligible to join Pepperdine’s Heritage Society. As a member you are invited to attend our annual Heritage Society luncheon and fall musical performance. You will also receive special mailings and updates on current estate and tax law changes.

A bequest is an easy and effective way to make a lifetime investment at Pepperdine. If you would like assistance including a bequest to Pepperdine, please let me know how I can help you.

Five Essentials You Need to Know

aBouT ChariTaBLe BequesTs

Stephanie C. Buckley Associate Vice Chancellor

(310) [email protected]

pepgift.org

C haritable bequests are gifts made through your estate plan to Pepperdine University. given through a family trust, will, or beneficiary designation form, bequests are some of Pepperdine’s largest gifts. Here are five essentials you need to know to make an effective bequest to Pepperdine.

Page 15: Waves of change 5, blueprint for the future summer 2012

Wednesday, September 19, 2012

Celebrating 75 Years Strengthening Lives for Purpose, Service, and Leadership

Join the Pepperdine University Family for the Closing Ceremony of Our Historic 75th Anniversary Year!

F O U N D E R ’ S D AY

evenTs on The horizonfor more information or

to register for an event, please call (310) 506-4448.

15 pepperdine.edu/campaign

sepTemBer 19

Founder’s day & 75th anniversary Closing Ceremony

Firestone Fieldhouse

oCToBer 12–14

Waves Weekend

Malibu Campus

novemBer 5

Wave ClassiC golF tournament

Sherwood Country Club Westlake Village, California

novemBer 7

savvy ChiC iX honoring paTriCia heaTon and david hunT

Beverly Hills Hotel Beverly Hills, California

novemBer 8–11 & 15–17

Fall musiCal - oklahoma!

Smothers Theatre

novemBer 27

guild holiday lunCheon

The Bistro Garden at Coldwater Studio City, California

The Pepperdine Fund is set to launch this fall a brand-new Anniversary giving program for Pepperdine University. As a unique approach to annual giving that reaches out to alumni during their anniversary years, anniversary giving programs are among the most successful tools employed by high-ranking universities to engage alumni with their alma mater and increase alumni giving percentages.

Initially supporting Seaver College, Anniversary giving will engage alumni who are celebrating decade milestones and grow giving percentages in support of Pepperdine’s undergraduate flagship college. The Classes of 2002, 1992, 1982, and 1972 will pioneer the inaugural wave of the Anniversary giving program. Additional classes will be added in upcoming years.

The highest priority for the Pepperdine Fund’s Anniversary giving program is to increase the number of donors who support the central needs of undergraduates, providing unrestricted gifts for scholarships, academic initiatives, and student life. In turn, the University will continue to expand its domestic and global programs to lead, teach, and serve its communities.

“Far more important than the size of the gift is choosing to give,” said Cynthia Ware, director of the Pepperdine Fund. “With alumni-giving participation serving as an important benchmark for the value of a Pepperdine degree, our goal is to inspire within our alumni an enduring tradition of giving that allows them to celebrate with their alma mater and ensure the value of their degree.”

LaunChes anniversary CLass giving program

Page 16: Waves of change 5, blueprint for the future summer 2012

The Campaign for Pepperdine pepperdine.edu/campaign

PePPerdine University24255 Pacific Coast HighwayMalibu, CA 90263-4546

Contact UsThe Campaign and University Advancement teams at Pepperdine stand ready to respond to your inquiries. Contact us to discuss campaign opportunities and giving methods with you and your financial advisors. All inquiries will remain confidential. For more information, please call or e-mail:

S. Keith Hinkle (JD ’97) Senior Vice President for Advancement and Public Affairs(310) [email protected]

Claudia Arnold Preston Campaign Director and Vice Chancellor (310) [email protected]

Campaign Office(310) 506-4546pepperdine.edu/campaign

Editor Nate Ethell (’08)Graphic Designer Liz Waldvogel (’05)Photographer Ron Hall (’79)

Patti YomantasDirector, Advancement Communications

Published quarterly by the Office of University Advancement

Join your Pepperdine family for the third annual Waves Weekend! Combining your three favorite traditions of Homecoming, Family Weekend, and Blue & Orange Madness, Waves Weekend is a perfect time to reignite school spirit by sharing the best of Pepperdine with your family and friends.

PerFOrManCes By

OctOber 12–14, 2012

Cazz Brindis (’10) and eric HutchinsonTO regisTer, Please visiT: pepperdine.edu/wavesweekend