Sense of Obligation

John Anderson is an example of a high-capacity donor with multiple philanthropic priorities — for whom planned giving is especially helpful.

Anderson,-John.jpgJohn E. Anderson ’62 BA (Econ) has traded in the stock market since he was 15 years old. “I used my paperboy money,” he explains. He worked his way through Syracuse University, including a stint as a short-order cook at Shaw Dining Hall. “Success depends on drive and hard work,” he says.

Now president of Bodell Overcash Anderson & Company in Jamestown, New York, Anderson has planned a bequest to the Maxwell Dean’s Fund. “I feel an obligation to give,” he says, pointing to Maxwell’s reputation with pride.

In fact, Maxwell is one of several institutions in Anderson’s estate. He is involved with numerous charities, serving on the boards of the Chautauqua Foundation and the Gebbie Foundation. Linda Birnbaum, Maxwell’s assistant dean for development, says that donors such as Anderson benefit especially from planned giving. “For people with many philanthropic interests,” she says, “planned giving lets them identify their causes and be secure that those places will be nicely gifted. Someone with a large estate can often benefit if we help them plan.”

Anderson’s appreciation of Maxwell is partially rooted in his fond memories of Melvin Eggers, the long-time Economics chair who later served as chancellor of Syracuse University. He taught a class affectionately known as “Egger-nomics.” “He was a good teacher with a good sense of humor,” Anderson says. “He kept everybody interested.” (Anderson also affectionately recalls his friend and economics classmate Ernie Davis, the legendary Syracuse footballer who won the Heisman Trophy.)

“John Anderson is a great supporter of the arts and education,” Birnbaum says, “and a person who aspires to leverage his personal good fortune into something lasting. He wants there to be stability and growth for future generations, similar to what he experienced. Donors like John are the champions of planned giving.”