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I Want to Make a Difference in People's Lives

By Britz Mathis '14

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Britz Mathis plans to pursue a career in parent education or pregnancy and prenatal support.

When I first started at UNI, I declared Spanish teaching as my major. I loved Spanish, but I realized it wasn't what I wanted to do for the rest of my life. As I researched various majors, family services struck me as the perfect fit.

I'm currently interning at Parenting Way Inc. in West Des Moines. Their mission is to educate parents for the health, safety and success of children and youth. I am able to observe what parent education is like in an agency setting. I am also helping to update The Parenting Way curriculum. This is really exciting for me because it allows me to take what I've learned in the classroom at UNI and apply it to teaching parents.

It is my passion to raise children in a secure and loving home. What I'm learning in family services will not only help me be a better parent, but I will be able to help others do the same. Upon my graduation in May, I plan to pursue a career in parent education or pregnancy and prenatal support.

Several people have made a strong impact on my college career. Dr. Gross is an amazing professor, and her high expectations pushed me to excel in her parenting class. What I learned in that class will help me professionally and personally. I am also grateful to Orville and Winifred Deeds for their support of a scholarship. They are both deceased, but if I could talk to them I would tell them how encouraged I was to receive this scholarship. It has helped reduce my college debt.

I look forward to graduating and making a difference in the lives of others.

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A charitable bequest is one or two sentences in your will or living trust that leave to the University of Northern Iowa 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

Bequest Language

"I, [name], of [city, state, ZIP],
give, devise and bequeath to the University of Northern Iowa Foundation, an
Iowa nonprofit corporation of Cedar Falls, Iowa, [written amount or percentage
of the estate or description of property] to be used for such purposes as the
Board of Trustees may determine."

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 UNI Foundation or other charities. You cannot direct the gifts.

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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 the UNI Foundation 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 the UNI Foundation 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 UNI Foundation where you agree to make a gift to the UNI Foundation 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.

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