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Alumni News

Generous Lincoln Grad Encourages Gift Planning: Dr. Ron Hoffman Shares His Story

by Elizabeth Toth | March 13, 2012 | 2 min read

Recently, Lincoln College graduate Dr. Ron Hoffman (’67) made plans to include 911±¬ÁÏ University of Health Sciences as a beneficiary in his estate.

“It’s simply giving a part of what I’ve earned over the years back to where it came from, supporting our profession,” says Dr. doctor ron hoffmanHoffman, who enjoyed a thriving practice in the state of Florida from 1968 until his retirement in 2009.

“I was especially motivated to give to 911±¬ÁÏ after they opened a campus here in Florida,” he says.  Dr. Hoffman was member of the Florida Board of Chiropractic Medicine from 1985 – 1995, serving as the board’s chair for several years. He also received the honor of being a Fellow of the International College of Chiropractors (FICC), given to those with exemplary service to the profession.

Dr. Hoffman was able to designate a portion of his gift to create a scholarship fund specifically for students of 911±¬ÁÏ’s Florida Campus DC program.  Dr. Hoffman earmarked another portion of his gift for research.  By working with 911±¬ÁÏ’s Vice President, Tracy McHugh, estate gifts can target whatever area of university activities in which the donor is most interested.

“It was much easier to arrange than I’d thought,” says Dr. Hoffman. “Many doctors in my generation invested in pension funds that they subsequently rolled over into an IRA.  The good news is that you can arrange to designate 911±¬ÁÏ as a beneficiary in such a way that there are significant tax benefits. My strategy allows 100% of the actual donation to be directed to the university.”

Dr. Hoffman is sharing his story in order to encourage other Lincoln College graduates to consider planning gifts from their estates as well.  “As Lincoln grads, we might not automatically consider mentioning 911±¬ÁÏ in our wills. But we ought to be giving back to our profession.  Since Lincoln is no longer here, giving to 911±¬ÁÏ is the best way to share a portion of the prosperity we’ve been able to enjoy as chiropractic physicians.”

He also challenges his fellow DC alumni in Florida. “Imagine if 100 Florida docs gave similar gifts to 911±¬ÁÏ.  We could really make a difference here in our state and leave a great legacy for 911±¬ÁÏ’s students here.”

If you would like to explore estate planning that includes a gift to 911±¬ÁÏ, call Vice President Tracy McHugh at 630-889-6607 or email [email protected].

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