Skip to Content

A Librarian Becomes a Scripps College Benefactor

How One Alumna Turned a Home Into a Gift, a Legacy, and Income

Joanna Hamel Dunklee

Joanna Hamel Dunklee '62 (right) celebrates with Scripps Dean of Faculty Amy Marcus-Newhall at a recent donor luncheon.

The Cambridge Dictionary defines generosity as "a willingness to give help or support, especially more than is usual or expected." It goes on to offer a particular usage: "She is admired for her generosity."

Having spent 38 years as a professional librarian, Joanna Hamel Dunklee '62 can appreciate a good definition, and she happens to embody that definition perfectly. Joanna recently provided Scripps with an extraordinarily generous gift—her La Cañada home.

Joanna's gift provides a wonderful example of how alumnae and friends can use non-cash assets to support Scripps College.

"My husband, Alfred, and I bought the house back in 1975 when he began working at JPL in Pasadena," Joanna says. "But when I began working at Cal State Dominguez Hills, we decided to find another home closer to my job."

They kept their first house and, after Alfred passed away, Joanna decided to rent the home to a friend. Soon, however, she found that "the house wasn't generating much income, and there were always things to take care of and bills to pay."

By making a gift of the house to Scripps rather than selling it, Joanna avoided paying significant capital gains tax. She also received a substantial charitable tax deduction that she will be able to use over the next six years.

Better yet, Joanna was able to use her gift to fund a charitable gift annuity, which will provide her with tax-advantaged income for the rest of her life.

"As a donor, I'm used to writing checks to Scripps," Joanna jokes. "It will be interesting to receive them."

Joanna's gift illustrates one way to transform highly-appreciated assets into tax savings and lifetime income while providing long-term support for Scripps.

"Women giving back and supporting one another is valuable," she says. "I'm very happy that I'm able to do this."

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to Scripps College 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

"I give to Scripps College, a nonprofit corporation currently located at 1030 Columbia Avenue, #2009 Claremont, CA 91711, or its successor thereto, ______________* [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 Scripps College 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 Scripps College 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 Scripps College 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 Scripps College where you agree to make a gift to Scripps College 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.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.