What motivated Dean Smith to support UW Oshkosh nursing students?
Short answer: Satisfaction and pride in having a role in the teaching and learning process of thousands of University of Wisconsin Oshkosh undergraduate and graduate nursing students.
"Early in my career, I received a gift of a coffee mug that had the following motto, 'I touch the future, I teach'," Dr. Smith says.
That motto became the mantra of Dr. Smith as she progressed through her career at UW Oshkosh.
Initially, Dr. Smith was inspired by the student transformation that occurs throughout the teaching and learning exchange in the classroom and skills laboratory. Witnessing the student's aha moments that occur both individually and in groups while teaching clinical classes, Dr. Smith was hooked, and knew the life of a university professor was for her.
Ultimately, she learned role modeling is powerful, and that teaching and learning is a lifetime affair. Dr. Smith has since become an effective nursing educator.
As she grew into a variety of leadership roles, Dr. Smith communicated the importance of the CON vision to faculty, staff and students, the importance of achieving the CON vision of "developing caring and scholarly leaders" and living the CON Values in Action.
Dr. Smith will retire in January 2015 as Dean Emeritus of the UW Oshkosh College of Nursing after ten years of service as dean and more than 27 years as an educator.
Under Dean Smith's leadership, the College of Nursing achieved a number of state, regional and national distinctions, including full 10-year accreditation by the Commission on Collegiate Nursing Education (CCNE); implementation of the innovative and highly regarded 12-month Accelerated Online BSN program; UW Oshkosh's first doctoral program, the Doctor of Nursing Practice (DNP) program, which was awarded CCNE's five-year accreditation in 2012, the best outcome possible for a new program; and expanded the Bachelor of Science in Nursing (BSN) advising and course offerings for registered nurses with associate degrees.
She empowered faculty to transform both Master of Science in Nursing (MSN) emphases to online formats, which allowed students to meet clinical expectations in their home communities.
The clinical excellence of the nursing program is an underpinning to its success, which is evidenced by the annual undergraduate student pass rate on the National Council Licensure Examination (NCLEX), which is among the highest in Wisconsin. Its students graduate industry ready, secure employment quickly, and receive positive feedback from employers.
After careful thought and deliberation, Dean Smith and her husband, Dennis, recently created the Rosemary Smith Health Promotion Graduate Nursing Scholarship, which will be augmented by a future estate gift.
Throughout her career, health promotion was a major teaching and scholarly focus for Dean Smith.
While serving as the dean of the CON, she recognized the importance of role modeling a healthy lifestyle. She believes an essential aspect of nursing practice is restoring people to the maximum level of wellness possible, regardless of chronic conditions, with considerations for culture and developmental stage.
Through this scholarship, the Smiths hope to assist students who are focused on studies, and help them reduce their commitment to jobs beyond what is reasonable during the academic year.
She knows scholarships of all sizes have an impact, often resulting in a student's decision to go to college full time, instead of part time or not at all.
Dr. Rosemary Smith touched countless lives as a nurse, educator and dean. During her years, she observed the energy, excitement and satisfaction experienced by donors as they created scholarships and supported student and college initiatives.
Dr. Rosemary Smith reached a time in her life where she, too, was able to create a scholarship through which she will touch the future now and beyond her lifetime.
Contact UW Oshkosh Foundation at (920) 424-2178 or firstname.lastname@example.org if you would like to make an impact on students at the University of Wisconsin Oshkosh.
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.
A charitable bequest is one or two sentences in your will or living trust that leave to UW Oshkosh Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate for its unrestricted use or purpose or designation of your choice.
an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan
"I, [name], of [city, state, ZIP], give, devise and bequeath to University of Wisconsin Oshkosh Foundation [written amount or percentage of the estate or description of property] for its unrestricted use or purpose or designation of your choice."
able to be changed or cancelled
A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.
cannot be changed or cancelled
tax on gifts generally paid by the person making the gift rather than the recipient
the original value of an asset, such as stock, before its appreciation or depreciation
the growth in value of an asset like stock or real estate since the original purchase
the price a willing buyer and willing seller can agree on
The person receiving the gift annuity payments.
the part of an estate left after debts, taxes and specific bequests have been paid
a written and properly witnessed legal change to a will
the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will
A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to UW Oshkosh Foundation or other charities. You cannot direct the gifts.
An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.
Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.
Securities, real estate, or any other property having a fair market value greater than its original purchase price.
Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.
You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to UW Oshkosh Foundation as a lump sum.
You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to UW Oshkosh Foundation as a lump sum.
A beneficiary designation clearly identifies how specific assets will be distributed after your death.
A charitable gift annuity involves a simple contract between you and a third party where you agree to make a gift to UW Oshkosh Foundation and they, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.