chancellor announcement dr. hasek to retire

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allen C ollege.edu Spring 2005 ALLEN COLLEGE A PUBLICATION OF ALLEN COLLEGE WATERLOO, IOWA 319.226.2000 Allen College is a place of beginnings, a place of transitions, a place where healthcare careers start. This spring, commencement exercises for the class of 2005 mark yet another beginning. As the careers of graduating seniors take off, another career is about to end. For the first time since its creation in 1989, Allen College will search for a new leader. Chancellor Jane Hasek, Ed. D., R.N., has informed the Allen College Board of her decision to retire in December 2005. Hasek joined Allen Hospital in 1980 as vice president of education. She successfully guided the nursing program through its transition to Allen College and the addition of its Bachelor of Science in Nursing degree program. Later, the Master of Science in Nursing program and Associate of Science in Radiography program were added. Her administration coordinated the physical relocation of the Allen College campus, the construction of Gerard Hall and McBride Auditorium, the construction of Barrett Forum and the addition of on-campus residential housing in Allen Alumni Hall. “Her outstanding leadership at the college will be missed,” said Mark Baldwin, Allen College Board president. “Her contributions to the college and the nursing profession have been very significant.” Hasek is a member of the Iowa Association of Colleges of Nursing and the Iowa Work Force Nursing Task Force, a past president of the Iowa League for Nursing, the 1983 Iowa Nurses Association District 4 Nurse of the Year and the 1997 INATeresa Christy Award winner. In 2004, she was appointed by the governor of Iowa to the Nursing Examiners Board, adding to her prior appointment to the Iowa State Board of Health. Hasek said she will miss daily interaction with students, faculty and staff, as well as contact with alumni and friends of the college. “It has truly been a pleasure to help educate and prepare so many students for meaningful careers in healthcare,” Hasek said. “It takes an entire team to make a difference in the lives of our students, and I’ve been blessed with an excellent team.” Hasek’s retirement marks the end of a 45-year career in the nursing profession. Her career began in the hospitals of rural Nebraska. She then moved to Iowa and to the Grundy County Memorial Hospital in Grundy Center. Later, at St. Francis Hospital in Waterloo, she coordinated the cardiac rehabilitation program and supervised the special care units. At Hawkeye Institute of Technology, she educated emergency room nurses, emergency medical technicians and later, coordinated the adult health occupation programs. In 1980, she made the move to Allen Hospital. Hasek joins the Allen College class of 2005 as they look forward to a new beginning with excitement. She and her husband, Wayne, plan to spend time with their grandchildren, grown children and visit friends as they travel the country in their motor home. Hasek said she will continue to be active in the nursing profession in retirement. She extends her thanks to current and former Allen College faculty, staff and board members, and to current and former administrators and staff at Allen Health System and Iowa Health System. MISSION Allen College educates and develops individuals as healthcare professionals who are committed to caring, excellence, and lifelong learning through educational and experiential programs and community service. VISION Allen College will be: Known for our quality graduates and the exceptional experience we provide students from admission through ongoing advancement in their professional career of choice. Built on a model of partnerships with other educational institutions, employers, community agencies and students. A highly-accessible enterprise providing both on-campus and distance education integrated with the Iowa Health System. CORE VALUES CARING: We listen and respond to individual and community needs with compassion and respect. COMMUNITY: Allen College is a member of a diverse community. As stewards, we work together to make a difference to one another and to all we serve. INTEGRITY: We create trust and good- will through honesty, accountability and ethical conduct. LEARNING: We facilitate the acquisition of knowledge through study, creativity, experience and application. We encourage a commitment to lifelong learning. QUALITY: We are committed to excellence in academics, community service and creative change. We strive toward quality outcomes that are mutually beneficial. 1 CHANCELLOR ANNOUNCEMENT Dr. Hasek to Retire

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Page 1: CHANCELLOR ANNOUNCEMENT Dr. Hasek to Retire

a l l e n C o l l e g e . e d u S p r i n g 2 0 0 5

A L L E N C O L L E G E

A P U B L I C A T I O N O F A L L E N C O L L E G E W A T E R L O O , I O W A 3 1 9 . 2 2 6 . 2 0 0 0

Allen College is a place of beginnings, a placeof transitions, a place where healthcare careersstart. This spring, commencement exercises forthe class of 2005 mark yet another beginning.As the careers of graduating seniors take off,another career is about to end. For the firsttime since its creation in 1989, Allen Collegewill search for a new leader. Chancellor JaneHasek, Ed. D., R.N., has informed the AllenCollege Board of her decision to retire inDecember 2005.

Hasek joined Allen Hospital in 1980 asvice president of education. She successfullyguided the nursing program through itstransition to Allen College and the addition ofits Bachelor of Science in Nursing degreeprogram. Later, the Master of Science inNursing program and Associate of Science inRadiography program were added. Heradministration coordinated the physicalrelocation of the Allen College campus, theconstruction of Gerard Hall and McBrideAuditorium, the construction of Barrett Forumand the addition of on-campus residentialhousing in Allen Alumni Hall.

“Her outstanding leadership at the collegewill be missed,” said Mark Baldwin, AllenCollege Board president. “Her contributions tothe college and the nursing profession havebeen very significant.”

Hasek is a member of the IowaAssociation of Colleges of Nursing and theIowa Work Force Nursing Task Force, a pastpresident of the Iowa League for Nursing, the1983 Iowa Nurses Association District 4 Nurseof the Year and the 1997 INA Teresa ChristyAward winner. In 2004, she was appointed bythe governor of Iowa to the NursingExaminers Board, adding to her priorappointment to the Iowa State Board ofHealth.

Hasek said she will miss daily interactionwith students, faculty and staff, as well ascontact with alumni and friends of the college.“It has truly been a pleasure to help educateand prepare so many students for meaningfulcareers in healthcare,” Hasek said. “It takes anentire team to make a difference in the lives ofour students, and I’ve been blessed with anexcellent team.”

Hasek’s retirement marks the end of a 45-year career in the nursing profession. Hercareer began in the hospitals of rural Nebraska.She then moved to Iowa and to the GrundyCounty Memorial Hospital in Grundy Center.Later, at St. Francis Hospital in Waterloo, shecoordinated the cardiac rehabilitation programand supervised the special care units. AtHawkeye Institute of Technology, she educatedemergency room nurses, emergency medicaltechnicians and later, coordinated the adulthealth occupation programs. In 1980, she madethe move to Allen Hospital.

Hasek joins the Allen College class of2005 as they look forward to a new beginningwith excitement. She and her husband, Wayne,plan to spend time with their grandchildren,grown children and visit friends as they travelthe country in their motor home.

Hasek said she will continue to be activein the nursing profession in retirement. Sheextends her thanks to current and former AllenCollege faculty, staff and board members, andto current and former administrators and staff atAllen Health System and Iowa Health System.

MISSIONAllen College educates and develops individuals as healthcare professionalswho are committed to caring, excellence,and lifelong learning through educationaland experiential programs and community service.

VISIONAllen College will be:• Known for our quality graduates

and the exceptional experience we provide students from admission through ongoing advancement in their professional career of choice.

• Built on a model of partnerships with other educational institutions, employers, community agencies and students.

• A highly-accessible enterprise providing both on-campus and distance education integrated with the Iowa Health System.

CORE VALUESCARING: We listen and respond to

individual and community needs with compassion and respect.

COMMUNITY: Allen College is a member of a diverse community. As stewards, we work together to make a difference to one another and to all we serve.

INTEGRITY: We create trust and good- will through honesty, accountability and ethical conduct.

LEARNING: We facilitate the acquisition of knowledge through study, creativity, experience and application. We encourage a commitment to lifelong learning.

QUALITY: We are committed to excellence in academics, community service and creative change. We strive toward quality outcomes that are mutually beneficial.

1

CHANCELLOR ANNOUNCEMENT

Dr. Hasek to Retire

Page 2: CHANCELLOR ANNOUNCEMENT Dr. Hasek to Retire

A L L E N C O L L E G E2

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ALUMNI:

Edna Gladys Almond Wheaton December 9, 2004 Class of 1947

Jodi Bachman ZubakFebruary 2, 2005 Class of 1995

STUDENT:

Amanda Jo Schotter March 6, 2005 BSN Student

_Éäx

Labor of

_ÉäxMemory of Allen Head Nurse’s Passion for Quilts Inspires Super SewWhen the late Marcella (Marcie) Knudsonretired from Allen Hospital as the head nurseof surgery, she looked forward to learning toquilt. She had always sewn but had neverquilted. She was encouraged to joinKeepsake Quilters, a local quiltingorganization in the Cedar Valley, and Quiltsto Share, a part of Keepsake Quilters. Asmall patchwork of Marcella is now foreverstitched into the quilts she helped make forothers.

Quilts to Share is part of KeepsakeQuilters, a local quilting club in the CedarValley. It is the public service part of thequilt guild that makes quilts for hospicepatients of the Cedar Valley, the Cedar ValleyHospice Home and seriously ill youngpeople in the area. Quilts to Share also givesquilts to several not-for-profit special interestgroups for fundraising events. Recently, theyhave donated 20 quilts to one of the armyhospitals for seriously wounded soldiers whobattled in Iraq. This is a new venture. Inthe past, they have donated to neonatalintensive care units, battered women’sshelters and high-risk prenatal clinics.

Marcie’s daughter, Karan Flanscha, said,

“When Mom started quilting, after she hadmade several projects, she felt she had all thequilts she needed for her home. JoiningQuilts to Share was a way to keep stitchingand share what she made. She enjoyedsewing and the camaraderie with the group.”

After Marcie’s death last year, Karan, herbrother Keith Knudson and their familiesstarted the Marcie Knudson MemorialScholarship at Allen College in her memory.Many of Marcie's quilting friends and formerco-workers contributed to the fund. One ofthe members of Quilts to Share found aunique way to contribute.

“Cathy Busch, one of the co-chairs ofQuilts to Share, had come up with the idea ofan event called the Super Sew,” said Karan.“She set it up like a Super Bowl, with afootball theme. They have pre-season prep,teams, referees, playbooks and terminologyfrom football. They competed to see whichteam could make the most quilt tops. It wasquite successful. They gave away lots ofquilt tops for the group.”

Quilts to Share continues to run the SuperSew event, to keep making the much-neededquilts.

The quilts are really labors of love and acomfort to those in need.

“That was the best part for Mom—knowing her quilts benefited someone else,”said Karan. “My mother did it partly for thefellowship and working on quilting andbecause she enjoyed being able to donatethem. She liked to be able to give someonecomfort in difficult times.”

If you would like to get involved withQuilts to Share through time or donations,please call Donna Hansen at 266-8473 formore information.

“You don’t necessarily have to be aquilter. I know they are always looking fordonations or quilting materials. And they areinterested in people to help,” said Karan.

“That was the best part for Mom—knowing her quilts benefited someone else.”

Marcie Knudson stands proudlywith her Dear Jane quilt, just one of many made during hertime spent with Quilts to Share.

Page 3: CHANCELLOR ANNOUNCEMENT Dr. Hasek to Retire

A L L E N C O L L E G E 3

Allamakee Dollars for ScholarsKristy Krambeer

Amelia Schipper ScholarshipApril Hummel

Arthur I. Mendolia Scholarship Program—Cambrex Corporation (ScholarshipAmerica)Jennifer Wiltgen

Benton Community FoundationMegan Koster

Blairstown Community FoundationMegan Koster

Bray ScholarshipKatelyn Rooney

Community Foundation— Fund for Excellence Fund Marjorie Anderson

Scholarship Fund (Community Foundation of Waterloo/Cedar Falls and Northeast Iowa)Allison Lundy

Covenant Medical Center AuxiliaryBethany Stevens

Delaware County Farm BureauAmy Tegeler

Elmer Schwartz Scholarship— Community Memorial Hospital, SumnerDennis Baier

Fort Madison Co. Hospital AuxiliaryKatelyn Rooney

Franklin General Hospital Auxiliary (Darling Fund)Chrystan DohrmannLindsay Rae French

Hawkeye Community CollegeAudrey Thurman

Hillcrest Home ScholarshipKyla Pagel

Iowa College Foundation— Iowa Grocers ScholarshipKristine Nelson

Iowa Health Care Association Foundation ScholarshipSarah BrunnerShawna Peterson

Kenneth G. Meyerhoff TrustDanielle Goetz

Mabel A. Burrow Memorial ScholarshipApril Hummel Brenda Kramer

Sartori Memorial HospitalDiane Snead

St. Luke’s Health Care FoundationKatie Johnson

Waterloo Cedar Falls Dollars for ScholarsChapter of Citizens’ Scholarship Foundation of America Inc., (CSFA)Danielle GoetzAllison Lundy

Waverly Community FoundationHeather Lee

NEW MEMBERS:Margaret Marie BleaklyHeather Burnett Lindsey Busma Alissa Chase Allison Marie Delagardelle Jillian Elbert Linda L. Fisk*

Ann Girard Jonathon Charles Hennings Julie B. Huegel Jill Marie Karns

Mikaela Sue Kienitz Jenna Majewski Lisa L. Moeller Jennifer Platte Katherine Reily Catherine Elizabeth Runde Lana Schmitt Gina Tenge Suan Toneff*

Sherri Lynn Vesely Heidi Wauters Sandra Woodbury

Community Scholarship Assistance for Allen Students 2004-2005Thank you to the following individuals and organizations that offered scholarship assistance to Allen College students during the 2004-2005 academic year.

Scholarship Banquet The annual scholarship banquet was held October 4,2004 at the Five Sullivan Brothers Convention Centerin Waterloo. The dollar amount of scholarships hasrisen significantly to $93,830. The 2005 Allenscholarship banquet will be held Tuesday, September27, 2005 at the Maucker Union on the UNI campus.

Pi Kappa Ceremony The fall induction ceremony of Pi Kappa Chapter ofSigma Theta Tau International was held on Tuesday,October 26, 2004. Dennis Clark, CPO, presented anexcellent program entitled “Care of the AmputeeSoldier.” Twenty-three new members were inductedinto the Pi Kappa Chapter.

*Community Leader new member

This summer Allen College students are goingon a tour of a lifetime. And not in someremote country or faraway place, but righthere in Iowa.

Assistant professor of nursing AnnaWeepie, associate professor Mary Brown andLinda Miller, director of Global Health at theUniversity of Northern Iowa, are teaching anew collaborative course this summer calledCommunity Health Field Experience: Care ofVulnerable Populations. They plan to take the students and several mini vans filled withhealth education teaching materials to visitwith Iowans who may not have adequateinformation about health education.

“What we envisioned the course as,” saidAnna, “is a big health fair, with presentations,simple screenings and booths. We will set up

tables and use a variety of methods to dohealth teachings. We may do one-on-oneinstruction or group teachings, depending onthe situation.”

The class, which is full with 16 AllenCollege students and six UNI students, is aninnovative idea for the nursing students.“They are used to structure,” said Anna. “Weare glad that we have a lot of flexibility withthis course. They were kind of like, ‘Wow.’”

They hope to visit such sites as Denison,where there is a large Hispanic population, theAmish communities in Fairbank and theCedar Rapids Free Health Clinic. Also on thelist are the Meskwaki Settlement,Marshalltown and Nevada.

“We are meeting a need for people whomight not see a physician on a regular basis,”

Anna said. “And the students will realizethere are vulnerable populations in Iowa andthe need for health teachings close by. Youdon’t have to travel very far to find peoplewho don’t have access to healthcare.”

The students will have a chance to getout of the classroom and gain hands-oninteraction with vulnerable Iowans: people inrural areas, children with no access toinsurance, older Iowans, low income families,immigrants, refugees and other minorities.

Anna said, “I hope the students will saythat the best part about this course is thevariety, visiting the larger cities and the ruralareas. There are lots of different populations,and they will get to see how it is different foreveryone. They may not have otherwiserealized these people were out there.”

Nursing Students Take Their Class

On the Road

Waverly Health Center—Auxiliary Health Career ScholarshipCasey FonleyApril HummelAshley Poppe

Page 4: CHANCELLOR ANNOUNCEMENT Dr. Hasek to Retire

A L L E N C O L L E G E4

The Past Meets the Future at the 2005 Alumni Banquet

GraduationAllen College commencement has been scheduled forSaturday, May 7, 2005 at 10:30 a.m. at Nazareth LutheranChurch in Cedar Falls. Dr. Jane Hasek, Chancellor atAllen College, will give the commencement address.

As 2004 came to an end, so did the coursework forseveral Allen College students. On December 17, fourteenBSN students completed requirements for their degreeprogram. They were honored at a ceremony on December10, and will receive their diplomas at the springcommencement on May 7, 2005.

Melanie FergusonJane HensingMelody HughesJo HuntErica KaalbergNicole Menuey (Venem)Andrea Olson

Jennifer PeterschmidtCatherine RundeWendalee SmithAmy Van HauenJohn WalkerCarrie WalshHeather Zobel

ASRAndrea BartlingKimberlee DennerJessica JohnsonBenjamin KorthasSheena KramerAbigail LuxTom PlatteGayle PonceletHeidi ReisnerKimberly Van De BergNicolette VanDeestTara Weaver

BSN Brandi AtheyPatricia BiersnerDanielle BridgesSarah BrunerKarla CampbellErin DeWittLaura Denny

Gina DuBoisSheila EhnJillian ElbertMonica FischelsAnn GirardLacey GordonKim HelmrichsJessica HerbersKelly HoppJill KalkwarfKristina KiellyEmily KluesnerJody KniefBrenda KramerBrooke MesserlyKatherine ReillyAmy RichElvira SamardzicTiffany SaulsberryNancy StearnsKristin SvobodaBeatrice Tate

Susan TorruellaJennifer Wiltgen

MSNBrenda CooperJennifer EdekerMichele FriedmanShelli GrappMikaela KienitzRene KrienerJessica LovrienSarah MillerLana SchmittPaula Schmitz-GeiseSusan ScottAlisha TellinghuisenSherri VeselyHeidi Wauters

FNP Post MastersCertificate: Judy Anderson-Bruner

Congratulations to December graduates:

Congratulations to May graduates:

4:30-5:30 p.m. Social & registration

5:30 p.m.Dinner

ACTIVITIES INCLUDE:

12:30 p.m. Lunch for honor classes at the Allen Hospital Cafeteria

1:30-3:00 p.m.Reception and tour of AllenHospital and Allen Collegebeginnings at Allen Hospital

4:30-5:30 p.m.Social hour and registration at Barrett Forum

5:30 p.m.Dinner at Barrett Forum

This year’s honor classes are any class over 50 years and specificallythe following: 1930, 1945, 1950, 1955, 1960, 1965, 1970, 1975, 1980,1985, 1990, 1995, 2000 and 2005. The class of 1955 will be speciallyhonored in its 50th year. All Allen College nursing alumni and AllenHospital School of Nursing alumni are invited.

If you did not receive reservation information in a separate mailing,you may call (319) 235-3997 for information.

Saturday, April 30, 2005Barrett Forum, Allen College Campus1990 Heath Street, Waterloo

Page 5: CHANCELLOR ANNOUNCEMENT Dr. Hasek to Retire

A L L E N C O L L E G E 5

“Campus living facilities like Allen AlumniHall give students a deeper connection to theircollege,” said Jim Waterbury, VP forInstitutional Advancement at Allen HealthSystem.

The Alumni Hall at Allen College nowoffers students residential life, an experiencethat had been missing before. It is the first offour living quarters in the long-range plan forresidential housing at Allen College.

The building was well-designed andoriginally built for seniors needing safe, securehousing. Now, a new generation of studentresidents can use the building to call home.

“I think the new housing has played apositive impact on my adjustment to a newschool and a new city,” said student BethGroteluschen. “The housing really provides allthe accommodations I would need or think ofhaving at a very reasonable price.”

Students see many benefits in the newhousing. “I love the fact that the school is inwalking distance which saves on gas and carmileage,” said Groteluschen. “I also love that Iam sharing the house with other nursingstudents who are going through the sameclasses, stresses and experiences as I am.”

Renovation of Alumni Hall has a price tagof $150,000 and achieving the goal to raiseenough money for the new housing is beingmade possible with the contributions fromsources such as Allen Health System, the AllenAlumni Board and alumni. Many generousprivate donors have also contributed. “Weappreciate the help from so many people,”Waterbury said.

“Helping students with scholarships andgrants is a lot like planting trees—they both

take time to grow,” said Waterbury. With$90,000 raised so far on the project, they stillneed $60,000 to reach their goal. However,Waterbury is still anticipating reaching the$150,000 goal this year.

“I am very appreciative of the fundraisingefforts that took place because now I am ableto live in a safe, comfortable housing facilitywith all the accommodations I need,” saidGroteluschen.

After they have completed the funding,the next step is to build three similar unitsadjacent to Alumni Hall in order to house 96 students.

“It’s a great start to bringing all of ourstudents back to campus for their AllenCollege undergraduate years,” says Waterbury.

With your help, Allen College can makeits housing goal. If you would like to givefinancial support or want a tour, please contactAllen College at (319) 226-2011 or MattRolinger of the Allen Foundation at (319) 274-6712. The Allen College studentsthank you for the opportunity to makeresidential living part of their experience.

Alumni Hall Drive Still On Target

Students See Their Futures at Clinical SitesClinical sites are giving Allen Collegeradiography students more than just a view ofa patient’s body. They’re also giving studentsa snapshot of the future.

“Some students want to be in a fast-paced hospital,” said Lisa Mehlert, leadradiographer at Northeast Iowa FamilyPractice Center in Waterloo. “Others preferthe pace of a clinic. Clinical experiences helpstudents find out which setting is right forthem.”

Allen College’s radiography programoffers students experiences at 11 clinical sites,from orthopedic settings to clinics tohospitals.

The differences between the sites can bedramatic. And the clinical experiences helpstudents see the differences for themselves.

“Working at a clinic is much differentthan a hospital,” said Mehlert, an AllenCollege graduate. “You do everythingyourself, from bringing the patient into theexam room to running the film.”

Students visiting Northeast Iowa FamilyPractice Center see firsthand its

radiographers’ routines, the clinic’s computersystems, where doctors see patients and whatX-rays the doctors order.

First students observe radiographictechnicians to learn how the X-ray machineswork. Then when they feel comfortable,they’re given the opportunity to take an X-ray.

According to Sue Robinson, Allen ASRClinical Coordinator, the wide range ofclinical experiences available makes AllenCollege’s clinical program unique.

“Visiting different-sized sites helps themwhen they get a job because they know morethan one way to do something,” she said.

It also gives them an advantage in theircareers.

“It gives students the opportunity to taketheir knowledge from the classroom and put itinto practice in the clinical setting,” saidRobinson.

However, the program benefits more thanjust the radiography students.

“It gives the sites the opportunity to seestudents in action and later go, ‘Yeah, I wantto hire that student,’” said Robinson.

ALLEN COLLEGECLINICALRADIOGRAPHYSITESCHARLES CITYFloyd County Memorial Hospital

MARSHALLTOWNMarshalltown Medical

& Surgical CenterMarshalltown Orthopaedics

WATERLOOAllen HospitalCancer Treatment CenterCedar Valley Medical Specialists

OrthopedicsCedar Valley Medical Specialists

Orthopedics at United Medical ParkJohn Deere Medical GroupNortheast Iowa Family Practice CenterUnited Medical Park Imaging Center

WAVERLYWaverly Municipal Hospital

100%

90%

80%

70%

60%

50%

40%

30%

20%

10%

60%

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6 A L L E N C O L L E G E

Walking Tall Leadership Project Finds SuccessSusie Meyer, a graduate of Allen College in May 2002, works forCommunity Memorial Hospital in Sumner as the manager of theCardiac and Pulmonary Rehabilitation Department. She is alsoinvolved with the Leadership Project through Allen College. One ofher recent endeavors was a fundraiser to remodel a children’s room inpediatrics.

“When I took over the department two years ago, we had just beengiven a newly remodeled room in the basement that only had the bareessentials,” said Susie. “Patient census was very low at that time, andit was difficult to justify spending money on extra equipment andeducational materials. I wanted more for my patients and decided toachieve this through a fundraiser.”

After the department set course to raise money, a generousdonation came from a patient in the cardiac rehab program. Thepatient had purchased an arm ergometer, wall weights and also gave a cash donation for miscellaneous items. The department no longerneeded the money, but since Susie participated in the LeadershipProject, they continued on with a walk-a-thon project. They decided

to hold a 5K run/walk because of the minimal expense. “We had 15 walkers for the 5K Run/Walk-A-Thon and some who

just donated for the cause,” said Susie. “Free American Heart t-shirtswere given away to all the walkers. And at the completion of thewalk, blood pressures and pulses were monitored. Gatorade, water andmuffins were available to the participants. The total amount raised was$575 for the day, not too bad for our first try. We are hoping to makethis an annual event now that the groundwork has been completed.”

Susie had successfully organized a fundraising event and hadachieved more than just raising money for the children’s hospitalroom.

“I received great satisfaction from this leadership project knowingthat it was accomplished because I took the initiative to oversee aproject through to completion,” said Susie. “The rewards are foundpurely in my own sense of personal accomplishment and sense ofpride. I was able to channel my energy into something productive andworthwhile. I enjoy meeting a challenge head-on, and this project wasvery rewarding.”

The rewards are found purely in myown sense of personal accomplishmentand sense of pride.

“”

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A L L E N C O L L E G E 7

Make a Gift That LastsWhat is a Charitable Remainder Trust? A Charitable Remainder Trust (CRT) is a trustarrangement which provides that an annualpayout will be made to the donor for theirlifetime or for a term of years (1 to 20 years).Once the trust ends, then one or more charitieschosen by the donor will receive the assets heldin the trust.

How much will the CRT annual payout be?The annual payout is selected by the donor atthe time the trust is created. Federal lawdictates that the minimum percentage selectedmust be at least five percent. The maximumallowable percentage depends on the donor’sage or the term of the trust.

Do Charitable Remainder Trusts provide tax advantages? Yes. With a CRT, there is a charitable deductionfor the donor. This deduction is based upon thevalue of the remainder interest, which passes tocharity. The value of the charitable deduction iscomputed based upon guidelines in the IRS taxcode. If the CRT is created during the donor’slifetime, the charitable deduction can be used bythe donor as a deduction against the donor’staxable income. Also, in the instance in whichthe donor is the lifetime beneficiary, when theCRT ends and the trust assets pass to charity,there are no death taxes due on the assets in theCRT.

When should I use a CharitableRemainder Trust? By giving an appreciated asset to a CRT, suchas appreciated stock or real estate, the donorwill receive a payout based on the full value ofthe property placed in the CRT. This is withoutany reduction for taxes that otherwise wouldhave been paid if the property was sold by thedonor and the net after-tax proceeds wereinvested.

Creating a Charitable Remainder Trust by WillAn alternative to establishing a CRT during thedonor’s life is to provide an income interest forchildren or grandchildren after the donor’s death

through the use of a CRT. A CRT created atdeath is called a “testamentary charitableremainder trust.” Upon the donor’s death, his or her estate receives an estate tax charitablededuction for a portion of the trust’s remainingassets and the remainder beneficiary or charityreceives a donation, which is available at somefuture date.

If you would like a free confidential reviewof your current estate plan, please call MattRolinger, Director of Allen Foundation, at (319) 274-6712. *Please consult a professional advisor when considering any type of planned gift.

Calendar of EventsApril 30

May 6

May 7

September 27

October 14

Alumni Banquet

Baccalaureate, Honors and Awards Ceremonies

Graduation

Scholarship Banquet

Alumni Craft Sale

Information sessions for prospective students are held on the firstWednesday of every month at 1:00 p.m.

The annual payout in a CRT can take one of two forms.• Annuity Payment. With a Charitable

Remainder Annuity Trust (CRAT), aspecified amount is paid each year to thedonor or another non-charitablebeneficiary. The amount of the paymentdoes not vary.

• Unitrust Payment. The amount is aspecified percentage of the value of theassets in the Charitable RemainderUnitrust (CRUT), as computed onJanuary 1 of each year. The amount paideach year can vary.

EXAMPLE OF AN APPRECIATED ASSET GIFT An individual owns a parcel of land originally purchased for $20,000 (tax cost basis). It is nowworth $100,000. Here is a comparison of the tax and income results of a sale versus a gift to a CRT.

SALESale Price . . . . . . . . . . .$100,000Cost Basis . . . . . . . . . . .$20,000

Capital Gain . . . . . . . . .$80,000Tax* . . . . . . . . . . . . . .-$12,000

Net Proceeds . . . . . . . . .$88,000Income . . . . . . . . . . . . .$5,280

(assuming 6% return)

CRTGift. . . . . . . . . . . . . . . . . . . . $100,000Charitable Deduction** . . . . . $40,590

(assuming age 65)

Capital Gain Tax . . . . . . . . . . $0.00

Net Proceeds in CRT . . . . . . . $100,000Income. . . . . . . . . . . . . . . . . $6,000

(assuming 6% payout and return)

In addition to the increased income, the donor receives tax savings in the year of the gift from thecharitable deduction. If the deduction cannot all be used in one year, it can be used as a deductionfor up to five additional years.

*Assumes 15% capital gain tax rate **Assumes AFR 3.8%

TranscriptsAll transcript requests may be submitted in writing and mailed to:

Allen College Attn: Transcripts 1825 Logan Ave.Waterloo, IA 50703

Transcript fees:Immediate Service - $8.0048-Hour Business Service - $6.00Faxing Service - $13.00Student Copy - $6.00

Please include the year you graduated,your name at graduation, the addresswhere the transcript should be mailed and the transcript fee, payable to Allen College.

For a copy of the transcript requestform, please visit our web site atwww.AllenCollege.edu. Use the pagesearch menu to find the form. Directany questions to Registrar JoannaRamsden-Meier by calling (319) 226-2004 or bye-mailing at [email protected].

COLLEGE BOARD LISTMARK BALDWIN, Chair

EDITH WALDSTEIN, Ph.D., Secretary/Treasurer

RUSSELL ADAMS, M.D.

MIKE CHRISTIASON

STEVEN DAVIS, M.D.

SUSAN KOCH, Ed.D.

JANET LARSON

FRAN MUELLER

RICK SEIDLER

Page 8: CHANCELLOR ANNOUNCEMENT Dr. Hasek to Retire

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Gerard Hall and McBride Auditorium

Gerard Hall named after donorsJane and Russell S. Gerard II, M.D.

McBride Auditorium named after donorsVirginia and Michael McBride

Artistic Impression by Craig Ritland

To order call (319) 226-2011

PricingOne for $25Two for $40

Three for $55Four for $70

Allen College Ornaments

Gerard Hall & McBrideAuditorium

Fourth Edition of a Limited Series 2004

NON-PROFIT

ORGANIZATION

U S POSTAGE

PAIDWATERLOO, IA

PERMIT NO. 1521825 Logan AvenueWaterloo, Iowa 50703

This is Your NewsletterPlease send us your news. Send your updates to: Student Affairs, Allen College1825 Logan Avenue, Waterloo, Iowa 50703

You can help shape the future of Allen College and Allen Hospital by donating to Allen College. Your generous donations will help finance special projects to enhance the quality of our education and the realm of our services.

Contact Allen College or Allen Foundation to find out how you can make a difference.

Dr. Jane Hasek, Chancellor Matt Rolinger, Director of Development Allen College Allen Foundation(319) 226-2010, [email protected] (319) 235-3960, [email protected]

Chancellor’s MessageSpringtime at Allen College is a time to rejoice andrecognize the accomplishments of our students, facultyand college. Seventy-two students approach graduationwith anticipation of new opportunities awaiting themwhile the college realizes its mission is beingaccomplished. We have provided quality healthprofessionals who are committed to caring for othersand meeting the needs of the healthcare system.

Allen students are experiencing community servicein several diverse settings in Iowa and throughout theworld. Collaboration with students from other collegesin these endeavors provides unique perspectives.

Curriculum revisions and access policies have beenchanged to allow greater flexibility for articulation ofstudents’ acquisition of knowledge. Distanceeducation with web-based delivery also assistsgraduate and completion students in access toeducation.

Truly our Allen College core values have provideda solid foundation and continue to guide us toward thefuture.

Jane Hasek, Ed.D., Chancellor