Leaving a Legacy

Ray Kuntz

Planned Giving: Economic Sense and Higher Calling

Ray KuntzRay Kuntz (’77) is among the few who hold as sacred the saying “Those who have been given great gifts have an even greater responsibility.”

Hailing from a large farm family of 11 kids, Kuntz once upon a time looked at Carroll’s price tag and knew it made no economic sense for him. Yet, on the urging of his priest, he arrived on campus with empty pockets and open mind and was almost instantly met with financial aid that put a Carroll economics degree within his grasp. Now deep into a successful career as chairman and CEO of Watkins & Shepard Trucking and past chair of the American Trucking Association, Kuntz is a fervent Carroll supporter, hoping to magnify the number of students who can reach for their dreams with scholarships created through planned giving.

“There is a satisfaction in seeing the future generation having the same opportunities you had,” Kuntz says. “To know you’re part of that is pretty powerful.”

Dr. James R. Green

History Making Gift

James GreenOn November 5, 2010, just hours after he was visited by then Carroll President Tom Trebon, Carroll alumnus Dr. James R. Green (’42) of San Jose, Calif., died, leaving a promise that he would fondly remember his alma mater in his estate.Nearly a year passed when the college learned that remembrance would become the largest cash gift in the college’s 102-year history. On November 17, 2011, the campus community gathered for a public announcement: Dr. Green had left Carroll College $2.6 million in his will, with the check just received. His estate had also left his other college, Saint Louis University School of Medicine, a generous legacy bequest. Dr. Green’s planned gift for Carroll was the culmination of his many years of generosity to his college. A biology graduate who went on to a successful career as an internal medicine and cardiology specialist, Dr. Green was particularly interested in advancing the careers of future Carroll physicians.

Virginia Thompson

Give Now. Live Forever.

Virginia ThompsonOn September 27, 2011, a true friend of Carroll, Virginia Thompson, died after a long history of loving support of Carroll causes she held most dear.

Her death also brought to fruition a longstanding plan to provide Carroll a transformative gift created through a charitable remainder unitrust, established by her in 1992. Through the unitrust, Mrs. Thompson and her husband Ward were able to receive income from the trust stock and investments during their lifetimes. The remainder would go to the recipients of Mrs. Thompson’s choice after both the Thompsons had passed. Mr. Thompson predeceased his wife, and 

Mrs. Thompson continued to benefit from the unitrust, in confidence knowing that the end of her life would begin a new chapter in her love for Carroll College. Before Christmas 2011, her estate paid to the college in the amount of $287,500, while three other local charities also received smaller sums from the unitrust. This final gift was the greatest of many that the Thompsons had in store for Carroll, which was Mrs. Thompson’s adopted college.

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