Yes

It's All About Team for USD Women's Rowing Alumna

HayesWith its high-altitude aridity and land-locked location, Reno, Nev. might be one of the last places on earth you'd expect to find a devoted alumna of the University of San Diego Women's Rowing Team.

Yet, Michaun (Carnahan) Hayes, '93, has managed to thrive wherever the road of life has taken her, and she credits much of her personal and professional success to the lessons she learned on the waters of Mission Bay as a member of the Lady Toreros rowing team.

"Waking up before 5 a.m., carpooling down to the boathouse, working on techniques and drills that were going to make us better as a team - those are such great memories," she says. "I really loved the team environment that rowing provided."

Though they lacked the size and support of many of their rivals, the incredibly devoted and tight-knit band that comprised USD women's rowing in the early 1990s were willing to sacrifice just about anything for the good of the sport — including their graduation!

"We had a conflict in schedule between the Pacific Coast Rowing Championships and graduation at USD, so the seniors got together and decided to do both," Hayes says, laughing at the memory. "We raced in the morning, got on a plane in Sacramento (where the competition was located) and made it back in time for the ceremony. What a day!"

The friendships and experiences of those unforgettable days are always near and dear to Hayes' heart, and one of the reasons she has created a living trust that will earmark a gift for USD women's rowing.

"I really enjoyed my years at USD, and I, along with other members of our team, made a pact to give back when we were able to," she says. "It's also really exciting to see how far the program has come since we were there."

Give now button

Every contribution to USD is important. Whether great or small, donations like yours build the Torero future.

Meet Our Staff

We would be happy to answer your questions and help you with your gift planning needs.

Connect With Us

Contact Information

Planned Giving
Degheri Alumni Center 206
5998 Alcalá Park
San Diego, CA 92110

Phone: (619) 260-4523
Fax: (619) 260-4621
jphillips@sandiego.edu

A charitable bequest is one or two sentences in your will or living trust that leave to the University of San Diego 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, [name], of [city, state, ZIP], give, devise and bequeath to the University of San Diego [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 USD 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 USD 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 USD 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 USD where you agree to make a gift to USD 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.

eBrochure Request Form

Please provide the following information to view the brochure.