University of Redlands

Forever Yours campaign logo

Forever

Tony ’63 and Sherryl ’64 Taylor

A Heritage of Loving Redlands

Tony '63 and Sherryl '64 Taylor

Tony and Sherryl Morrison Taylor have always been connected to Redlands. Both have relatives who attended the University including both of their mothers, all of Tony's siblings, aunts including Anna Claire Mauerhan, Sherryl's sister, and two of their own children.

"We have a heritage of loving this place," Tony said.

Tony, a current Board of Trustee member, received his bachelor's in business administration at Redlands. He spent almost two decades in several management positions at IBM Corporation. Sherryl received her bachelor's in 1964 and later received her master's from UC Irvine. They both have traveled with the Salzburg program as students and as alums.

Another reason that keeps Tony and Sherryl connected to the University is friendship. "We've stayed in touch with six to eight couples throughout the years and we try to get together at least once a year. We've grown up together, we've had children, we've been part of each other's lives," Tony said.

"I'm thrilled to see how the University has changed and grown," Sherryl said. "We think of the wonderful experiences that we had as students and even though some things have changed, students at Redlands still experience warm friendships, the opportunity to learn in small classes, and to have professors that really care about their subject matter and teaching."

Volunteerism and philanthropy are at the heart of Tony and Sherryl's work. Community service and environmental protection are especially important to them. The Taylor Family Community Service Scholarship established by Tony and his siblings honors their parents who modeled service to others in their lives. It is awarded to a Redlands student who shows a passion for community service. A scholarship that Tony and Sherryl established is awarded to students with interest in the environmental sciences.

Both Tony and Sherryl are passionate about preserving land and ecosystems. Sherryl is committed to the preservation of Mono Lake in the Eastern Sierra as a volunteer and board member for the Mono Lake Committee and Tony has worked for 12 years to preserve open space in the Eastern Sierra as President of the Eastern Sierra Land Trust. When they are not working to preserve the area they live in, they enjoy the incredible beauty and the many recreation opportunities the region offers.

Tony and Sherryl have been avid supporters of the University for decades. Among the initiatives they have supported are the Chapel campaign and the Redlands Fund. They have participated in the Bulldog Bench Golf Tournament and have included Redlands in estate planning. In recent years, Tony's fundraising focus has gone beyond scholarships as he chairs his class of 1963 50-year reunion and supports the class campaign to raise $1,963,000. Sherryl looks forward to her 50 year reunion next year and will be involved in fundraising for her class as well.

"We are grateful for the opportunities that Redlands provides for students and we are glad to support the University's efforts in any way that we can," Sherryl said.

For more information on creating a charitable gift annuity and a personalized rate quote, please contact Tony Truong , Associate Vice President for Development at (909) 748-8050 or tony_truong@redlands.edu.

 

A charitable bequest is one or two sentences in your will or living trust that leave to University of Redlands 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 University of Redlands [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

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 Redlands or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

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 Redlands 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 Redlands 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 Redlands where you agree to make a gift to Redlands 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.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

First name is required
Last Name is required
Please include an '@' in the email address

eBrochure Request Form

Please provide the following information to view the brochure.

First name is required
Last Name is required
Please include an '@' in the email address