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Why I Give: Mabel Galbreath '57

Mabel Galbreath

Many of the friendships Mabel Galbreath made at UT continue today.

Major: General studies

Profession: Retired computer programmer

Q: Where were you born and raised?
A: I was born in Madison, Tennessee, outside of Nashville. My father was sickly, so when I was 12, we moved to Tampa for better weather.

Q: Was it always your dream to go to college?
A: When I was in junior high school, the principal called me into his office. I was so scared. I didn't know what I could have done! But when I got in the office, the principal told me I had earned the highest score in the school on a placement test given to all eighth graders. He said to me, "You are a scholar! You should study Latin and Greek." Well, I didn't want to study Latin and Greek, but I did want to go to college.

Q: Why did you decide to attend UT?
A: Tampa U was the only school nearby where I could stay at home. I really did not have the resources to go elsewhere.

Q: Did anyone in your family go to UT?
A: No. As a matter of fact, I was the first person in my family to attend college.

Q: Did you live on campus?
A: I lived on campus one semester. In those days, the classes and living quarters were all located in Plant Hall. As I recall, girls were on the third floor and boys on the fourth.

Q: Did you have a favorite place at UT?
A: My favorite place was the Plant Hall lobby. That's where you went to socialize. It was the hub of everything. The lobby was open to the second floor, so you could look up and see classmates staring down at you, or if you were upstairs, you could see everyone coming into the lobby. We met there before, after and between classes. TU was much smaller then, so we could see everyone in the lobby.

Q: What friendships began at UT?
A: At my first sorority meeting before classes began, I met Diane (Achenbach) Vallee '59. We have been close friends ever since. Most of my friends now, I met at TU, including Diane, Gerry (Law) Hynes '59 and Jerry Krumbholz '62.

Q: How did UT help prepare you for a career?
A: TU helped me learn how to budget my time. It also taught me that even though I was talented in some areas, I still had to study and concentrate on my classes.

Q: Did UT help with your career goals?
A: Absolutely! I was a computer programmer for IBM. People revered computer programmers as the experts behind all the new technology. We were greatly respected wherever we went. What a great feeling! Eventually, I left IBM and became a consultant and was able to travel all over the United States.

Q: Why do you support UT?
A: I love UT! I want to see it grow. I want to help current students have a better opportunity to get an education. I am glad that many UT students have the opportunity to get a scholarship. If I won the lotto, I would make scholarships available for my high school and for all UT students.

Make a Difference
If you would like to join Mabel in helping more students receive a UT education, consider making a planned gift through your estate. There are many ways to give and many gifts can benefit you as well. Contact The Office of Planned Giving at 813-258-7373 or ctully@ut.edu today, to learn more.

A charitable bequest is one or two sentences in your will or living trust that leave to The University of Tampa 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

The official legal bequest language for The University of Tampa is: "I, [name], of [city, state, ZIP], give, devise and bequeath to The University of Tampa [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 The University of Tampa 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 The University of Tampa 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 The University of Tampa 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 The University of Tampa where you agree to make a gift to The University of Tampa 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

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