A native of Fond du Lac, Tom Guyette made the practical decision to attend UW Oshkosh because it was affordable and close to home. He paid for his own education, so these factors were important considerations. With determination and focus, he met his goal to complete his degree in business administration in four years, graduating in 1968.
Tom and his wife Carole, a 1968 alumna of UW Oshkosh, made Green Bay their home along with their children Robert, Brannon, Amy and Joseph. Tom, a man of action, steps up to fill a need when he sees it and the reach of his efforts span the globe. He has served as president of the Neville Public Museum and treasurer of both the Notre Dame Academy Board of Education and the Green Bay Chamber of Commerce. He serves on the finance committee of St. Norbert Parish in De Pere.
Now retired, Tom was a financial advisor and manager with Merrill Lynch for 38 years. He managed the Merrill Lynch office in Green Bay for nearly 20 years, and grew the office to 25 individuals while fostering a culture of excellence and integrity. Tom was a partner with his son, Brannon, in the Guyette Financial Group for many years.
Tom served as Chairman of the Merrill Lynch Grand Gala, raising over $600,000 in six years for various charities and organizations within the Green Bay community. For his distinctive service, he received the Merrill Lynch Lifetime Community Achievement Award in 2002.
Tom has devoted countless hours to Rotary International as a member and past president of the Downtown Rotary Club of Green Bay. He serves as District 6220 Rotary Foundation Chair and their grants impact Northeast Wisconsin, Upper Michigan, and as far away far away as Uganda, Kenya, India and the Sudan. In 2012, Tom spent two weeks in India immunizing children against polio and helping build a dam as part of Rotary International. He enjoyed being able to help people and, after fundraising for many years, finally got to see the money they raised for the Rotary Foundation at work.
Tom's accomplishments and service were recognized by UW Oshkosh in 2008 when he received the College of Business Outstanding Alumni Award. He has been a member of the Alumni Board since 2009 and a member of the Foundation Board since 2013. He is the first graduate to simultaneously serve both boards. He also is a University Studies mentor.
In 2010, together with his wife Carole, they created the Guyette Family Scholarship for business students majoring in finance with an emphasis in investments. The recipients must demonstrate character, scholastic ability and leadership. Preference is given to students who volunteer outside of University related activities, mirroring the Guyette's belief that students who volunteer for community service will be active in their communities after they graduate.
When planning their estate, Tom and Carole identified causes that were important to each of them. Tom designated the UW Oshkosh Foundation as a recipient of a percentage of an IRA for unrestricted endowment. Using an IRA was easy and offers the potential of growth in value and future impact. He is entrusting the decision of how to use his estate gift to future leaders to meet the changing needs of the University. With Tom's generous future gift, he and Carole became charter members of the Rose Legacy Society.
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.