Large Gift from Chemistry Alumnus Creates Nathan Drake Endowment in Organic Chemistry A chemistry alumnus, who asked to remain anonymous, recently pledged a significant portion of his estate be used to create the Nathan Drake Endowment in Organic Chemistry. The Nathan Drake Endowment in Organic Chemistry will realize the dream of honoring a beloved faculty member in exactly the way this donor intended. Dr. Nathan L. Drake (pictured) was head of the university's chemistry department from 1940 until his death in 1959. He founded the Institute for Molecular Physics at Maryland in 1950.
By working with Andrea Morris, Asst. Dean for Development, and Mike Doyle, Chair of the Department of Chemistry and Biochemistry, this donor alumnus was assured that his wishes for the Drake Endowment will be honored by an explicit memorandum of understanding. He also was able to hear first hand how meaningful this gift will be for the department. Through this generous financial commitment, this donor joins the University of Maryland Founders Society. The Founders Society honors all benefactors, living and deceased, who give through a will, trust, or other planned gift to help to ensure the future excellence and impact of the University of Maryland and its students. Gifts can be made that take into consideration personal circumstances and the needs of heirs. These include bequests, charitable gift annuities, charitable remainder trusts, memorial endowments, real estate, donor advised funds and charitable lead trusts.
If you are interested in pledging a planned gift as part of the Great Expectations Campaign, please contact Andrea Morris at x54572 or aemorris@umd.edu. She is able to provide consultation in conjunction with the University's Planned Giving Office to tailor a planned gift that meets both your financial and philanthropic interests.
Dean Allewell and Dr. Lorimer Host Cohen Foundation of Maryland Founders