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CLASS OF ’72 DMP FOR CHARACTER EDUCATION LETTER

Posted: 8/29/2021

CAPT THOMAS L. ROBERTSON ’89, USN

To the Class of 1972,

Below is a summation of my Academic Year 2020-2021 efforts as the Class of 1972 Distinguished Military Professor for Character Education.

TEACHING

Teaching and mentoring midshipmen is at the core of my responsibilities as your Distinguished Military Professor. I focused my teaching efforts on two different courses this academic year. My first class was the youngster NE203 Ethics and Moral Reasoning for the Naval Leader course, which is a foundational study of the application of ethical thought and character development as it pertains to future Navy and Marine Corps junior officers. This core NE203 course just completed an extensive curriculum review cycle. I was a voting member on the small faculty team charged with updating the course material to reflect the most current developments in ethical thought as well as updating case studies to reflect recent events in the fleet. I am happy to report that our revised curriculum was recently approved by the Yard-wide curriculum committee. Thanks to the efforts of many faculty members, the midshipmen will continue to receive the most up-to-date material in their study of military leadership and ethics.

My second course was HH386 History of Modern Counterinsurgency. This course is an upper-level history of irregular warfare from post-World War II through present day conflicts. The curriculum offered numerous opportunities to discuss the complex combat environments that these midshipmen might encounter and to allow them to experience, vicariously, the difficulties of leading well in these environments. Teaching this academic year amidst the COVID pandemic presented many unique challenges — from fully online virtual teaching to masked live teaching, to half of a class section in-person while the other class members tuned in virtually. I am proud of both the faculty and the midshipmen for their resilience and persistence in moving forward with the academic and professional curriculum despite these challenges.

In addition to teaching departmental courses, I also advised several midshipman research teams working on technical capstone research projects. My advisory work with the technical capstone research projects allows me to “have a voice” in multiple academic departments around the Yard as well as giving me the opportunity to send midshipmen summer interns to work on priority projects with Naval Special Warfare Command. These efforts all contribute to the “Character in the Curriculum” program that I lead with the goal of synchronizing character initiatives with the larger USNA academic and professional programs.

CHARACTER PROGRAM INITIATIVES

Even with Covid-19 restrictions, the USNA Character Development Program had a very successful year supporting the Naval Academy’s Strategic Plan. Beginning in July 2020, while following strict COVID protocols, my team delivered Character Development Lessons to the 30 plebe platoons of the Class of 2024. The purpose of these lessons is to inspire the newest midshipman candidates to become standard-bearers of the naval profession as they join the Brigade at the start of the fall semester. Unfortunately, COVID required us to cancel each plebe company traveling on a Saturday morning to the United States Holocaust Memorial Museum for a tour and educational program designed specifically for military personnel. This training took place virtually thanks to the flexibility and professionalism of the museum staff.

For the Firsties, typically every member of the Class of 2021 would have attended a daylong John R. Elliott Character Capstone Seminar. These seminars help develop collaboration in the field of ethical leadership as we train the 1/C to think like officers and begin their transition from being midshipmen to commissioned officers. We had to revert to virtual seminars this academic year. To increase the relevance of the training, we designed a new mentoring series to supplement the virtual seminars titled “The Character of a Warfighter.” During these mentoring sessions, we invited active duty officers from specific warfare communities to join us online to mentor small groups of midshipmen aspiring to enter these communities. The midshipman reviews of these sessions were overwhelmingly positive as they felt they were able to connect with “the fleet” while asking questions of both junior and senior officers in whose steps they hoped to soon walk.

Our plans for the Class of 2022 also did not escape COVID-19 mitigation. Normally, the USNA Character Development Program hosts the Travis Manion Foundation immediately after Spring Break to deliver the “If not me, then who…” inspirational talk to the 2/C. The purpose of the lecture is to inspire the soon-to-be Firsties to step up into their proper leadership role within the Brigade. This year, we had to move the lecture date and abbreviate the live lecture delivery, all while socially distancing the Class of 2022 throughout Alumni Hall — but we were able to move forward with this important lecture series which had been cancelled last academic year.

Finally, as the Distinguished Military Professor for Character Education, I take a leading role in curriculum development. We are excited that we will soon be integrating a new “Warrior Toughness” curriculum in the Plebe Summer Character Development lessons for the Class of 2025. This new material is in the final stages of development as I write and will be implemented in July 2021 when the Class of 2025 reports for Plebe Summer in just a few short weeks. We expect immediate benefits from this program as we seek to expand the implementation of “Warrior Toughness” initiatives across all aspects of Plebe training.

THANK YOU

With that, I would like to say again, thank you. Thank you, Class of 1972, for your faith in me. I look forward to another year as your DMP and to seeing many of you at occasional events (or even a football tailgate as we begin to re-open in Maryland) around Annapolis.

Until then, fair winds and following seas, CAPT Thomas L. Robertson ’89, USN


August 2021 update: Class of ’72 Plank-Owner Campaign Project

My last memo was in April when I reported that we had raised $215 K of our $750 K goal to get our name displayed within the new Alumni Association and Foundation Center (AAFC), which has so far raised $3.5 Million of the $7 Million still needed (total cost $36 Million). Much preparation work has been done, and the official ground-breaking for the new center will take place September 1st with an anticipated completion date in late 2022/early 2023.If we can raise the funds, our $750 K will go toward: (1) A class naming opportunity ($500 K) for a conference room AND (2) a $250 K class major “plank-owner” plaque that would be displayed with other class plaques in the North Garden Terrace. Here are 3 representative images (the AAFC, a conference room and the donor wall):

page1image19079296 page1image19078672

(this report’s historical nautical origin teasers: (1) footloose and (2) dressing down. Answers at the end).

So, how’s the Foundation and our class doing so far? The Foundation has 27 classes running campaigns to raise $8 Million (so far, $3.5 million raised). We’re 1 of the 27, and our $750 K campaign has so far raised $341 K from 33 classmates (so, we’re not quite halfway there). We’ve raised enough for our “plank-owner” plaque…but not enough to fund the ’72 conference room. This campaign runs through December 31, 2022, so we still have 17 months to reach our goal. “Pledges” then run from 2023 to 2027 (can be designated for any one of those five years…or pledged in equal (or unequal) instalments across the entire five years). Our last campaign set a goal of $5 Million, ended up raising $7 M, and will end next year (2022).

Many of you have been historical donors and continue to have a sincere interest in continuing to support USNA going forward. Some of you may have limitations regarding your capability or perhaps the timing of your support, so here’s some ideas I’m asking classmates to consider as we go forward:

  1. For those of you that pledged to our last successful campaign, that last pledge will be in 2022. Please consider extending that pledge to this new campaign from 2023 onwards. Here’s a link to our class pledge form for this new campaign, which can be filled out online, saved, and sent directly to USNA via e-mail: http://www.bit.ly/72pledgeform
  2. Some of you are fortunate enough to have IRAs to help fund your retirement but may find you don’t really need to draw down the full required minimum distribution (RMD) which will begin soon. This RMD will be counted by the IRS as income, meaning you’ll need to report it for both state and federal taxes. Please consider using a portion of your RMD as part of a qualified charitable deduction (QCD), allowing you to avoid paying taxes on the amount being donated, even if you file the short form. Here’s a link with more information on the QCD: http://www.usna.com/plannedgivingIRAQCD
  3. Of course, there’s always the option to send in a one-time check or VISA donation via the link above.

My point is, if you are interested in participating in this new class campaign but have not yet gotten around to filling out the pledge form, please consider doing so now by clicking on the link provided. If you have an IRA, please consider saving yourself the income tax “hit” by using the QCD tool to donate directly from your IRA.

That’s my summer update. This is our last official fundraiser. Please consider joining us prior to next year’s 50th reunion, where I’ll report our results. Our class is currently recognized with a plaque on the new Sports & Rehabilitation Center. Ideally our class can achieve two additional naming opportunities on display at the new Alumni Association and Foundation Center.

Let me know if you have questions or need further info. Contact me @ jeffreyb72@icloud.com.

Thanks, Jeff Beard


April 2021 Update: Class of ’72 Plank-Owner Project update

Posted: 4/3/2021

I sent around a memo in January, then followed up with one in February announcing another class project with the opportunity to get our name displayed within the new Alumni Association and Foundation Center (AAFC), which still needs $7 Million (it costs $36 Million) to be completed. We set a $750K goal to see if we could achieve both: (1) A class naming opportunity ($500K) for a conference room inside the AAFC facility AND (2) a $250K class major “plank-owner” plaque that would be displayed with other class plaques in the North Garden Terrace, located on the front of the building

I also gave you a nautical teaser question…and by popular request here’s another one: What’s the history behind the term “touch and go”? (answer below).

Anyway, regarding our status. We’ve raised (through mid-March), $215K, which is short of the $250K needed for the plank-owner plaque, and of course nothing yet for the conference room to bear our name. It’s still early days, so I’m hoping the pledges will pick up this spring. Since our 50th Reunion Class project ends in 2022, my pitch has been to encourage those of you that are interested to consider extending your pledge AFTER 2022, when your 50th Reunion pledge expires. The AAFC building will be outside the USNA gate, and across from the baseball field. Here’s the artist rendering plus a reminder regarding where our conference room and plank-owner plaque would be displayed:

A number of you have written back inquiring more about the QCD (Qualified Charitable Deduction). It turns out that our age (over 70 years) makes this a viable and tax-efficient vehicle for donations to a qualified charity. Let me explain the logic again. At age 72 (for most of us, that’s in 2022), we’re going to be forced to anyway withdraw from our IRAs what’s called a Required Minimum Distribution (RMD), which will be reported as “income” and meaning you’ll need to pay both federal and state taxes on that income at your marginal tax rate. If you don’t make the withdrawal, the IRS will impose a 50% penalty. The ONLY WAY to avoid counting this RMD as income and avoiding the subsequent tax is through a donation to a qualified charity (i.e., The USNA Foundation). There’s a vehicle called the QCD (Qualified Charitable Deduction) that can be used to transfer money directly from your IRA custodian to a qualified charity. The amount transferred is then exempt from being reported as income, meaning you will not have to pay tax on it. Even if you don’t itemize, you’ll be able to take advantage of this tool. The Foundation has come up with a helpful webpage which explains this in further detail, so if you’re interested, type this into your browser to learn more about how it all works: https://usna.planmylegacy.org/ira-qcd-(qualified-charitable-distribution).

My point is, if you are interested in participating in the class project and have an IRA you might as well use the QCD to donate directly from your IRA so that you can avoid the extra income “hit”. HOW DO YOU DO THAT?Here’s a link to our class pledge form: http://www.bit.ly/72AAFpledge.  Call it up on your browser, fill it out online, save the PDF changes, then attach the file in an e-mail to Clay Evans at the Foundation (clay.evans@usna.com).

That’s my pitch. Please consider joining in on this so we can have two additional naming opportunities for our class on display at the new Alumni Association and Foundation Center.

Let me know if you have questions or need further info. Contact me at: jeffreyb72@icloud.com.

Text Box: Here’s the answer to the origins of the term “touch and go”: often used to describe a tricky or delicate situation, this phrase refers to a ship touching bottom with her keel but being able to continue without grounding solidly. It especially highlights those suspenseful few seconds all boat owners experience at some point – that period of alternating curses and prayers between touching bottom and reaching the safety of deeper water.

Thanks, Jeff Beard


Hello vaccine, goodbye pandemic (part two)

Posted: 2/14/2021

So, who’s idea was it anyway to sing “Happy Birthday” while washing your hands? Now every time I go to the bathroom, my grandkids expect me to walk out with a cake…ok, ok, now that I’ve got your attention, I continue to hope 2021 finds you in good health and following safe practices.

Nautical teaser question: What’s the history behind the term “hard up”? (answer below).

Last month I provided an update on our 50th Reunion Legacy Campaign and introduced a new mini campaign for those classmates who would consider extending their pledge or otherwise financially support the funding of the new Alumni Association and Foundation Center (AAFC), which still needs $7 Million to be completed. My pitch is to encourage those of you that are interested to consider extending your pledge AFTER 2022, when your 50thReunion pledge expires.

The new Alumni Center costs $36 Million, and they’re $7 Million short. Dan Quatrini (our guy at the Foundation) is rallying the classes to help support this gap through various class recognition campaigns. After sending around my first e-Gouge, coupled with a separate e-mail to a subset of classmates that have a giving history, I’ve gotten some great feedback and interest from (so far) around 30 of you. Based on your feedback and interest, I now believe we could realistically set a $750K goal that would get us both: (1) A class naming opportunity ($500K) for a major conference room inside the AAFC facility AND (2) a $250K class major “plank-owner” plaque that would be displayed with other class plaques in the North Garden Terrace, located on the front of the building (see both options below):

There are two things going for our class that make this $750K goal feasible: (1) timing and (2) our age. Let me explain.

  1. Timing: This year, 2021, is the fourth year of our 50th Reunion Legacy Campaign, meaning the last of your pledges would be paid out in 2022. We’re not planning on running another “major” campaign, instead we’ll be running more minor or opportunistic campaigns. So, my pitch is, I’m asking if you would extend the same pledge you made for the current campaign (2018=>2022) to this next campaign for four years (2023=>2026) but redirect that extension to the Foundation’s $7 Million campaign goal which expires in 2026.
  2. Age: In my last e-Gouge, and for those of us that have IRA accounts set up, I made you aware that, at age 72 (for most of us, that’s in 2022), we’re going to be forced to withdraw from our IRAs what’s called a Required Minimum Distribution (RMD), which will be reported as “income” and meaning you’ll need to pay both federal and state taxes on that income at your marginal tax rate. If you don’t make the withdrawal, the IRS will impose a 50% penalty. To roughly calculate your RMD, take the value of your IRA today, top it up a bit for some growth until you’re age 72, then divide by 25.6 (from the IRS tables). While you’re allowed to withdraw money today, that calculated number is the amount that MUST be withdrawn at age 72 and beyond. The ONLY WAY to avoid counting this RMD as income and avoiding the subsequent taxes is through a donation to a qualified charity (i.e., The USNA Foundation). Here’s how:
    • There’s a vehicle called the QCD (Qualified Charitable Deduction) that can be used to transfer money directly from your IRA custodian to a qualified charity. The amount transferred is then exempt from being reported as income, meaning you will not have to pay tax on it. Even if you don’t itemize, you’ll be able to take advantage of this tool.
    • Turns out that we can begin using a QCD beginning at age 70.5 (so, many of us today) to draw down our IRAs. Even though you may not be required to make a minimum level of withdrawal this year, you can still use the QCD today to begin drawing down your IRA. In a nutshell, here are the QCD requirements:
  • You must be 70½ or older to be eligible to make a QCD. (Check)
  • QCDs are limited to the amount that would otherwise be taxed as ordinary income. This excludes non-deductible contributions. (this means the RMD from your IRA).
  • The maximum annual amount that can qualify for a QCD tax deduction is $100,000. This applies to the sum of QCDs made to one or more charities in a calendar year. (If, however, you file taxes jointly, your spouse can also make a QCD from her own IRA within the same tax year for up to $100,000.) (if your RMD is above $100,000 per year, I’m impressed).
  • For a QCD to count towards your current year’s RMD, the funds must come out of your IRA by your RMD deadline, generally December 31. (so, you can’t wait until just before you file your taxes on April 15thof the following year).

My point is, if you have an IRA and are anyway going to be donating to a charity or USNA, you might as well use the QCD to donate directly from your IRA so that you can avoid the extra income “hit”. HOW DO I DO THAT? You may ask. I’m including a link to our class pledge form: http://www.bit.ly/72AAFpledge  that I’m asking you to fill out online (save the completed PDF with changes) then attach the file in an e-mail to Clay Evans (clay.evans@usna.com).

That’s my pitch. Please consider joining in on this so we can have two additional naming opportunities for our class on display at the new Alumni Association and Foundation Center.

Let me know if you have questions or need further info. Contact me at: jeffreyb72@icloud.com.

Thanks, Jeff Beard


50th Reunion Legacy Campaign Update & Request

Posted: 1/15/2021

Hello vaccine, goodbye pandemic

I hope 2021 finds you in good health and safe as we all seek to line-up for the “over 70’s” priority lane for our COVID vaccine shots. I’m optimistic that ALL of us will be able to physically get together in the fall of 2022 for our 50th reunion!

My reason for writing is two-fold: (1) to provide you with an annual progress update on our 50th Reunion Legacy Campaign, now entering its 4th year (it will expire, more or less, at the end of 2022 as we celebrate our 50th); and (2) to check the interest for those classmates that have outstanding pledges for our class campaign if they would consider redirecting and extending their pledge to support funding for the new Alumni Association and Foundation Center, which needs $7 Million in additional funding in order to be completed. I’ll explain all this later in this memo.

Regarding our progress on the campaign-front, through the first three years (2018 => 2020) we continue to inch forward as more classmates have joined in, or otherwise made contributions to the Naval Academy Annual Fund, which count. Bottom line, what’s been either donated or still in the pledge pipeline now totals $ 6.34 Million, crushing our $5 Million goal and remaining the highest amount of money ever raised in Naval Academy class-giving campaign history! Here’s the latest breakdown:

January 2021 Update

  • Exceeded $5 Million goal by $1.34 Million: “matching” challenge of anonymous classmate met
  • Many classmates used 401K & IRA Required Minimum Distribution (RMD) option
  • Participation rate around 46%…highest ever!
  • 50th Legacy Campaign is our last “official” campaign…going forward fundraising will be “opportunity-based”

                                                                                                                             Amount:   % of goal

USNA Annual Fund:                                                                                           $ 1.31M      (175%)   (goal: $.75M)

1972 Athletic Facility & Excellence Fund:                                                       $ 2.50M      (100%)   (goal: $2.5M)

(Class of 1972 name displayed within the Sports & Rehab. Centre – see below)

1972 DMP for Character Development Fund:                                                  $ 1.78M      (178%)    (goal: $1M)

1972 Project-Based Learning Fund:                                                                 $   .75M      (100%)    (goal: $.75)

TOTAL                                                                                                                  $ 6.34M      (127%)    (goal: $5M)

Regarding the $7 Million the Foundation needs to complete the new Alumni Assoc. & Foundation Center, there’s a unique opportunity for us to extend our class’s recognition by becoming a “plank-owner.” In the words of the Foundation: We are pleased to offer a unique opportunity for class recognition as part of the U.S. Naval Academy Alumni Association and Foundation Center project, which will be displayed in perpetuity in the North Garden Terrace located on the front side of the building for all guests to see, in addition to any vehicular traffic on King George Street. This recognition is focused on two levels of class support, $250,000 and $100,000. Enclosed are some wall illustrations regarding how the class plankowners might be recognized.

So how, you may ask, might this work for the Class of 1972?

  • Instead of having your pledge expire at the end of 2022, we ask that you redirect and extend it four more years until 2026 (the Foundation’s five-year goal runs from 2021 => 2026).
  • Example: if the class collectively pledged $25K a year for these four years, that would count as a $100,000 plank. If we pledged approx. $63K for the four years, the class receive a $250,000 plank.
  • Many of you have already been lifelong donors to USNA and might otherwise be seeking some way to continue that pattern for something worthwhile to both the Academy and the Class. I was impressed with the enthusiasm the class demonstrated for the naming opportunity for the Sports & Rehabilitation Center project in which we raised $2.5 Million (see photos). Could we extend this enthusiasm to the new Alumni Association & Foundation Center?
  • Finally, there’s a very real “tax tool” some of you could utilize (for those that already have tax-protected IRAs) by donating a portion of your RMD (Required Minimum Distribution) THAT YOU ARE ANYWAY GOING TO BE FORCED TO BEGIN DRAWING DOWN TO AVOID A 50% PENALTY BEGINNING AT AGE 72! Two examples:
    • Retired Navy Veteran W.T. Door, a graduate of the USNA class of 1972, has $100,000 in his IRA that he so far has been safeguarding and not withdrawing as he has been reluctant to pay the FULL INCOME TAX on his minimum required distribution. He’s 70, and knows the law says that, by age 72, he MUST begin that withdrawal. He consults the IRS tables and finds that the IRS Uniform Lifetime Table gives him a factor of 25.6 (remaining years to live). He does the math ($100,000/25.6) and realizes he must withdraw a minimum of $3906 in 2022. Since he’s in the 24% tax bracket, he will pay the IRS $937, meaning he’ll only pocket $2969. He further realizes that for the four years extending to 2026, he’ll have to withdraw almost $15,624 and pay Uncle Sam $3750 in taxes, leaving him net only $11,874. He’s bitter but “it is what it is” as W.T. Door would often say.
    • Door’s next-door neighbour and former retired Navy Captain, B. T. Crunch (yes, Captain Crunch) was also a ’72 classmate, and has the same problem. Same IRA level ($100,000); same age (age 70 but will be 72 in 2022). Same math (minimum $3906 withdrawal in 2020), but Crunch decides to donate his entire RMD for that year and beyond to 2026 to USNA’s new Alumni Association & Foundation Center He directs his IRA manager to send the USNA Foundation $3906 per year for four years ($15,624) and signs the pledge card. The Foundation sends back an official letter, and B.T. is able to DEDUCT the full $3906 from his federal taxes, saving him $937 per year in reduced federal income taxes, or $3748 over the four-year pledge period. Crunch is pleased with his decision and thinks about it every time he visits the new Alumni Center and sees the ’72 class crest prominently displayed on the front side of the building.
    • So, bottom line, W.T. Door nets $11,874 after paying Uncle Sam $3750 in taxes while Captain Crunch & The Foundation net $15,624 AND Crunch gets an $3750 tax deduction that he gets to apply to his taxes!

The point is, if you are anyway going to be contributing to or donating to USNA, you might as well capitalize on (for those that have them) the IRA savings that you’re anyway going to need to draw down and use…and pay tax on that withdrawal…or you can donate all or part of it to USNA and realize the full tax savings!

So, here’s my request: for those of you that think you might be interested in being part of this new Class of ’72 fundraising effort, could you please drop me an e-mail to indicate your interest as well as the amount per year (2022 => 2026) that you might be willing to sign on for. I’ll tabulate the results and see how that translates into the number of “planks” our class might be able to sponsor. I’ll also provide more detailed information regarding on how to make the pledge. Additionally, I realize the entire RMD thing and the tax issue is a bit complicated to fully understand, but the examples give you an idea, and we’ll be able to provide more specific detail if that’s the road you want to go down.

Please send your response to my e-mail: jeffreyb72@icloud.com.

Thanks

Jeff Beard


Board of Trustees’ Update re: Special Committee on Alumni Culture, Diversity and Inclusion

Posted: 12/11/2020

From: USNA Alumni Association <USNAAlumniAssociation@usna.com>
Sent: Friday, December 11, 2020 12:50 PM
To: Comiskey, Stephen (PWM) <Stephen.Comiskey@morganstanleypwm.com>
Subject: Board of Trustees’ Update re: Special Committee on Alumni Culture, Diversity and Inclusion

 

 

This message was sent to class, chapter and SIG leadership as well as members of the Board of Trustees. It will be sent to all alumni on 18 December.

 

Dear Members of the USNA Alumni Community:

It is my privilege to provide an update to our alumni on the work of the Board of Trustees and the Special Committee on Alumni Culture, Diversity and Inclusion (“Special Committee”).

On Thursday, the Board of Trustees met virtually to conduct regular business of the Board and discuss the Special Committee’s Final Report. I want to take this opportunity to thank the members of the Special Committee. Their work has set the tone and certainly the path to make our Alumni Association a more inclusive and mission-focused organization. They met their tasking and have provided meaningful information and recommendations for the Board to consider and carry forward.

The Board unanimously approved a resolution to create an Ad Hoc Committee on Alumni Culture, Diversity and Inclusion to continue the work of the Special Committee as well as provide a reporting mechanism directly to the Board of Trustees. The Ad Hoc Committee will be comprised of Board and committee members as well as members of the Alumni Association.

The Ad Hoc Committee will work to integrate Special Committee recommendations into current Board processes and structure and Alumni Association programs and policies. As part of this effort, a survey will be launched in late January to gauge interest, support and feedback on the Special Committee recommendations. The report will be posted publicly on or about 18 December to help inform alumni feedback for the upcoming alumni survey. The analysis and review by the Ad Hoc Committee will provide the Board with both qualitative and quantitative data to inform next steps. I thank you in advance for your survey participation. Should you have comments or questions before the survey is sent, please direct them to alumnifeedback@usna.com.

While 2020 was not the year we all envisioned, I am proud of what we were able to accomplish with the Alumni Association, for our community and in support of the Naval Academy. We continued our work as volunteer leaders, reimagined engagement and events with additional reach around the world, shifted meetings to virtual environments without missing a beat, and launched and furthered programs in support of our alumni and the Academy. May you have a safe and happy holiday season.

Go Navy! Beat Army!

Regards,

ADM Samuel J. Locklear ’77, USN (Ret.)
Chair, U.S. Naval Academy Alumni Association Board of Trustees

U.S. Naval Academy Alumni Association
247 King George Street, Annapolis, MD 21402
(410) 295-4000 | www.usna.com

 

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Class Legacy Gift – Rehab Center

Posted: 10/22/2020

Attaching photos that shows our part of the results from Class Legacy Gift to USNA.  Got to admit, pretty proud of what 1972 has stepped up to sponsor!!! – Bob Leib, Class President

 

 


Bonds of Gold Ceremony

Posted: 10/18/2020

The Bonds of Gold Ceremony for the Class of 2022 which was postponed from this past Spring due to the Coronavirus outbreak, was held in Memorial Hall on October 5, 2020.

Bob Leib, Tal Manval, Gary Coyle, and Skip Kohler were honored and proud to attend the ceremony and present the Class Rings from our Classmates to be melted down and joined in the bonds of gold with the Class of 2022.

 

 

 

 

 

Classmates and families donating Class Rings for this momentous bonding were:

  • Robert Byrd                                        3rd Company
  • Richard (Rick) Gutekunst                   29th Company
  • Terrence S. Kennedy                           3rd Company
  • Daniel G. Hawthorne                            7th Company
  • Douglas (DK) Rush                             25th Company
  • Edward Sievers                                   19th Company
  • John D. Blosser                                   21st Company
  • Gary Coyle                                           27th Company

GO NAVY!  GO CLASS OF 2022!

 

 

 

 

 

 

 

 


USNA Class of 1972 Fund

For many years, the Class of 1972 Class Fund was a designated 501(c)(3) non-profit organization, approved by the IRS, and designated to profile financial support for Naval Academy and Class of 1972 project activities.  This allowed any individual, and particularly, USNA Class of 1972 graduates, to make tax-deductible donations to support projects that either supported the US Navy’s or the US Naval Academy mission.

At some point in years past, our non-profit designation lapsed, and in order to avoid tax liability issues for classmate gifts totaling almost $124,900, the Class Board of Directors transferred the funds to the US Naval Academy Foundation, a designated 501(c)(3) non-profit organization and approved by the IRS to provide financial support for the Naval Academy.  After consultation with the Foundation it was determined that these “funds” could be applied to any project or area that has already been endorsed or approved as part of the Superintendent’s Strategic Priorities.

While there were numerous opportunities to choose from, the Board of Directors selected those projects that had been discussed at recent class officer meetings, previously endorsed and/or approved by the Class or, have been impacted due to the Coronavirus outbreak and its impact on funding support.

After extensive deliberations the Board of Directors has directed the Foundation to allocate the $124,900 of Class funds as follows:

  1. USNA Musical Activities Fund                $60,000
  2. The Parachute Team                       $21,900  ($7000 to procure (1) new rig to be a “Link in the Chain/Class of 2022 rig) and $14,900 “seed money” to support the eventual hiring of a “team coach.”
  3. The Centre for Experiential Leadership Development (ELD)$43,000

The Class owes a huge thanks to our Treasurer, Dan Weaver who thoroughly researched the options available to us to avoid tax liability issues for Classmates.  Also a BZ goes out to Jeff Beard who was our point man working with the Foundation to ensure our efforts were in alignment with the Superintendent’s Strategic Priorities.


Well Turned Pens – update

Posted: 7/29/2020
“Thanks to those classmates who have purchased pens, we just received our first “royalty” check for $330.  These funds go directly into our class treasury.  An $825 contribution was also made to NMCRS.   John Muncie has 12 blanks engraved and ready to go, so if you haven’t yet ordered your pen; or need a quick turn on a gift pen, you can place your order at http://www.wellturnedpens.com.”

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