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Nancy and Bernard ’74, ’81 MS Cavanaugh

Nancy and Bernard Cavanaugh

Nancy and Bernard Cavanaugh

Located at the heart of Main Campus, Falvey Memorial Library is an interdisciplinary academic hub for the Villanova University community. The library’s resources, programs and facilities continue to grow and adapt to the needs of modern, digitally-savvy students and faculty, thanks to generous donor contributions, including a recent bequest from Nancy and Bernard ’74, ’81 MS Cavanaugh.

Bernie’s education did not follow the typical path: He earned his undergraduate degree in mathematics over the course of seven years. Bernie worked full-time at Bell of Pennsylvania—now Verizon—and took one or two night classes per semester. Instead of driving home between class and work shifts, he made Falvey Library his home base, spending countless hours doing homework and research.

This intellectual atmosphere helped fuel his desire to learn, and he went on to earn his master’s degree in computer science from Villanova in 1981.

“I’m proud to call myself a Villanovan and be associated with this great University,” says Bernie. “My education has helped me a lot in the business world, not because of the equations I learned, but because my professors taught me how to think critically.”

Another perk from Bernie’s Villanova connection—catching the attention of his wife, Nancy. Nancy had taken some courses through the University. When she saw Bernie wearing his Villanova t-shirt at Bell of PA, she immediately struck up a conversation. They wed in 1976.

Beyond their educational ties to Villanova, the Cavanaughs, who now live in Virginia, chose to invest in the University because its Augustinian values are strongly aligned with their own.

“Villanova provides a wonderful environment for young people to become good citizens. I hope that our bequest to Falvey Library will help students develop a greater sense of intellectual curiosity—that they are excited to explore and understand beyond the easy answer,” says Nancy.

A portion of the Cavanaugh’s gift will also benefit student scholarships.

Make a Gift to Support What Matters Most to You

Your future gift to Villanova will help prepare the leaders of tomorrow. Contact Steve Grourke, CAP®, CFRE at stephen.grourke@villanova.edu and 610.519.3587 to learn more.

 


Frank Falcone ’70 COE, ’73 MS and Robert Pizzano ’70 COE

Frank Falcone and Robert Pizzano

Frank Falcone ’70 COE, ’73 MS and Robert Pizzano ’70 COE sat across from a group of Villanova students, all of them exhausted from another day of digging trenches and laying pipework to bring clean water to their host community in Panama. It was hot, humid and unforgettable.

“You talk about powerful impressions—we’re there with our students, carrying buckets of water to these houses with no water. Our students get it; it changes their lives,” Frank says.

For Bob, the experience was a turning point, shaping his philanthropic commitment to the University and ensuring a positive impact for Villanova students.

As 1842 Heritage Society members, longtime friends Frank and Bob have each made a planned gift to Villanova. Their gifts will have a significant payoff for future generations of Villanovans—in the meantime, the pair is actively involved in the areas they support.

After retiring in 2014, Bob sought a way to apply his talents and resources to a good cause. His son, a member of the Class of 2019, told him about Villanova Engineering service trips to Panama—part of a 25-year partnership between the University and a Catholic missionary.

Bob connected with Frank—whom he first met when they were civil engineering students and midshipmen in the Naval Reserve Officers Training Corps (NROTC) at Villanova. An Assistant Professor in the College of Engineering, Frank has been involved in the Panama service project since 2010. The program was initiated in 1990 when a graduating student expressed an interest in devoting his engineering skills to those in need. The partnership works to provide approximately 16,000 rural and impoverished Panamanians with a consistent supply of fresh water—an accomplishment that’s the first of its kind anywhere in Central America.

Throughout the weeklong trek, Bob and Frank worked, participated in daily reflections and explored the local culture alongside students. On rides to the worksite, the group shared stories about their Villanova experiences—present and past.

“I’ve done volunteer work before, but this trip was more than that for me. I really felt like I was connected to Villanova again,” Bob said.

That feeling spurred another action. When Bob returned to the U.S., he contacted Villanova’s Office of Planned Giving to make an estate gift. He designated the funds to the College of Engineering, with the purpose of offsetting the cost of future service trips for students.

“When Bob told me about his gift, something in my mind clicked. I wanted to do something more for Villanova,” Frank said. “A planned gift is a very reachable way to make a difference.”

So, Frank made his own commitment to the Professional Development Track Program, a new initiative in the College of Engineering. Frank recognized the difference his support could make in propelling students and alumni to their dream careers.

The lesson Bob and Frank hope to share with others?

“Become a part of your gift,” Bob said. “Go on a service trip, or just come back to campus. It truly opens your eyes to the importance of supporting Villanova students.”

Read more about how the Villanova Engineering Service Learning project in Panama began, featured in the College of Engineering’s annual report (page 31).

 


Raymond and Elizabeth Hanley

Raymond and Elizabeth HanleyGod blessed us with five beautiful children. While neither of us attended Villanova, four of our children chose Villanova and our youngest son will start his freshman year this fall. Each chose Villanova for different reasons, and we’ve been happy with each of their experiences. In addition to world-class academics and activities, we have witnessed the important role the Villanova experience plays in the formation of good character and strong moral values.

Strong values and principals are at the core of the Villanova’s simple, powerful motto: Veritas, Unitas, Caritas, or truth, unity and love. Wikipedia lists more than 200 mottos for U.S. colleges and universities. Many of these include references to “truth,” some to “unity,” but very few to “love.” At Villanova, we found that the difference is love.

A motto can be hollow words if it doesn’t reflect the character and essence of the institution. We’ve had many opportunities to witness Villanova as an institution that truly lives by its stated guiding principles. The core Augustinian values embedded in Villanova’s founding more than 170 years ago are very much present today—and they are evident at all levels of the organization. The University is blessed to have alumnus Fr. Peter Donohue as its Presidents, and its administration, faculty, staff and students share the values that make Villanova a welcoming place for students of different faiths and backgrounds—a place where strong, lifelong friendships are formed.

Villanova offers excellent educational opportunities and preparation for career success, and there is a vital difference in how these services are provided. We have seen firsthand that the professors are accessible to the students and truly care about them. The administrators and staff are anxious to help students. And the students themselves appreciate the difference in values that makes this such a special place.

The Villanova culture values academic achievement and, importantly, community service. While many universities have strong academic cultures, far fewer combine academics and service as successfully as Villanova does. This combination promotes formation of the whole person as service opportunities connect the student to the broader community and promote values and achievements that transcend career success.

Through these and other opportunities, Villanova produces graduates who are not only strong academically but have also experienced the profound, even life-changing experience of offering their time and talent solely for the benefit of others.

As we have come in contact with staff and students over the years, we have noted a profound Villanova difference. Veritas, Unitas, Caritas—the difference is Love. And this difference led us to support Villanova in a special way through our planned gift.

 

For more information, contact Steve Grourke, CAP®, CFRE at 610-519-3587 or stephen.grourke@villanova.edu.

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A charitable bequest is one or two sentences in your will or living trust that leave to Villanova University 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

"I, [name], of [city, state, ZIP], give, devise and bequeath to Villanova University [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.

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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 the University 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 gift 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 receive an immediate federal income tax charitable deduction. 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 the University as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. 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 the University 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 the University where you agree to make a gift to the University 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.

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