Global Vision

:: Economist gives to library

:: Impressed by impact of private giving

:: Developing local solutions

:: Read entire story

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Impressed by the impact of private giving on UO athletic facilities, Mickelwait decided last spring that he would “help balance things out” by naming the University of Oregon Libraries as the beneficiary
of a charitable remainder unitrust which he funded with $1 million in appreciated company stock. The company and its stock were subject to a buyout offer. “I saw the opportunity to shift Uncle Sam’s cut of the stock sale to the library and I took it,” he said.

Deborah Carver, Philip H. Knight Dean of Libraries, said the endowment resulting from Mickelwait’s foresight will strengthen the state’s largest research library’s programs and initiatives at many different levels well into the future.

“This generous gift demonstrates clearly how his life’s work is geared toward helping people and institutions build sustainable foundations on which to grow,” Carver said.