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Where HB Grads Are Now

Dana Smythe Hollister Dana Smythe Hollister '81

Who She Is

Dana spent her entire childhood at Hathaway Brown, living through the ups and downs of the 1970s on our campus. While she was in the Upper School, Dana was a member of the HB's field hockey team and she fondly remembers a special field trip to New York, where she and her classmates learned about photography by touring the Rochester Institute of Technology and Kodak's headquarters. After graduation, she went on to study at Skidmore College in Saratoga Springs. Her professional career has spanned both coasts, and she spent several years working as a print production manager in a variety of firms in Boston and San Francisco. She returned to Northeast Ohio to launch her own firm, Logolith, which distributes branded promotional merchandise to all sorts of companies. Eleven years later, she sold the business to concentrate on other projects.

What She Remembers Most About HB
"The best part about HB was making friendships that have lasted even until today. I was an HB student during a very tumultuous time when there was a lot of transition, but I still really enjoyed the students and the traditions. I always looked forward to Brown and Gold Day and I had a great time in many of my classes."

Why She Supports the School
"HB is an even better school today than it was when I was a student there. The students and faculty are much more interactive and the family atmosphere is even more pronounced. The HB family is much bigger. It's a challenging environment, but it's supportive at the same time. HB is an all-around great school and I am proud to support it."

What She Wants to Tell Her HB Sisters
"If you're interested in maintaining a connection with HB, you can get involved in so many ways. And donating to the school doesn't have to be complicated. For me, the decision was very easy and the process was, too. You may be surprised by how simple it really can be to make a big difference in the life of the school."

Where You Can Find Her
At home in Chagrin Falls with her husband, David, and spending time with the "Usual Suspects," a group of women from the Class of 1981 who still call Northeast Ohio home. Dana's proud that her nieces Katherine and Hanna Smythe share her alma mater, so she's spent quite a bit of time on campus watching them play field hockey and taking part in school events in recent years. She's looking forward to reconnecting with friends at her 30th reunion in 2011. In the meantime, send her an e-mail at danahollister@gmail.com.

Get Connected
To learn how you can become a member of the Mary E. Raymond Legacy Society and ways to support Hathaway Brown, please contact Terry Kurtz at 216-320-8799 or tkurtz@hb.edu.

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Shaker Heights, Ohio Girls K-12 Coed Early Childhood

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A charitable bequest is one or two sentences in your will or living trust that leave to Hathaway Brown School a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

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

Bequest Language

"I, [name], of [city, state ZIP], give, devise and bequeath to Hathaway Brown School [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

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 Hathaway Brown School 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 potential 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 may qualify for a federal income tax charitable deduction when you itemize. 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 Hathaway Brown School as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. 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 Hathaway Brown School 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 Hathaway Brown School where you agree to make a gift to Hathaway Brown School and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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