Skip to Content

For the Love of Teaching

In 1928, Miss Grace Williams graduated from Southeast Missouri State Teachers College with a strong desire to make a difference in the lives of the teenagers whom she would teach. Ask most students who graduated from Cape Girardeau High School between the years 1928 and 1977, and they would say she succeeded in that quest.
Described as brilliant in her chosen field of mathematics, Miss Williams conveyed her knowledge of mathematics—indeed her true passion for this discipline—to thousands of students during her 49 years of teaching. She also co-authored a textbook on the subject that was subsequently used in high schools across the country.

Though diminutive compared to many of her students, Miss Williams dominated the classroom. She inspired many of her students to continue the study of mathematics, but her greatest impact was that she instilled a sense of self-discipline, respect for their teachers and fellow students, and a solid work ethic in all of her students.

While her career spanned nearly a half-century, she insisted that she could have taught a few more years. Indeed, even in her 90s, her intelligence and eagerness to learn and teach was undiminished.

Shortly before her death this past Christmas Day at the age of 96, Miss Williams chose to make an additional contribution to students of the future. She left her estate to her alma mater to establish an endowed scholarship for the College of Science and Mathematics. Her instructions state that the scholarship is to be given to a student who is seeking a degree in secondary education and majoring in mathematics.

"With the ever-increasing cost of a college education, scholarships like this are needed now more than ever before," according to Dr. Chris McGowan, Dean of the College of Science and Mathematics. "Our students will benefit greatly in the years to come."

As her trusts states, "Our schools need good teachers, and this is particularly true in the field of mathematics and this is particularly true in our high schools." Miss Grace Williams has done her best, through her exceptional teaching career and her most generous bequest, to ensure that this need is met for future generations of students.

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 the Southeast Missouri University Foundation 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 Southeast Missouri University Foundation, Cape Girardeau, Missouri, 63701, [the sum of _____] or [_____% of the rest, residue and remainder of my estate, both real and personal] for its charitable purposes in support of Southeast Missouri State University [for its unrestricted use] or [to establish the _____________ Fund]."

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 Southeast 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 Southeast 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 Southeast 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 Southeast where you agree to make a gift to Southeast 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.