One way donors help Webb is by naming the school a beneficiary of assets that they hold until the end of their lifetimes. Known as “Planned Gifts”, these typically involve consideration of future financial plans and input from professional advisers.
The Webb School established The Burkhead Legacy Society to recognize the generosity of alumni, parents and friends who have made provisions for Webb in their estate plans. The School named this Society in honor of Commander Lingurn Burkhead '21, whose bequest in 1993 of more than $1 million made a tremendous impact on the growth and success of the school.
"My mother and father were huge fans of the school and were grateful that their sons got a rigorous, well-rounded education and good moral grounding. The same is true for my brother and me."
Howard Siegel '67
When Howard Siegel, a Webb Burkhead Legacy Society member, graduated from Webb in 1967, he took with him an emphasis on honor, personal integrity and leadership skills as well as a rigorous, college-preparatory education. Those attributes and knowledge have continued to serve him well throughout his life.
"I didn't realize it at the time, but the importance of the honor code and the emphasis on personal integrity have had the most impact on my adult thinking. It was a great pleasure to see how important those elements remain at Webb," he said.
Howard and his brother Henry '69 attended Webb because their father's attorney, Hans Lassiter, of Huntingdon, Tenn., sent his son, William, to Webb. "Bill graduated around 1956, and we attended his graduation. My father liked the school and decided this is where my brother and I would go."
While at Webb, Jordan Greengrass, from his hometown of Bruceton, Tenn., was considered by Siegel as his main mentor.
Among his memories, Siegel said his graduation on June 2, 1967, was one of his most memorable days at Webb. "My whole family attended, and it was a day of joy and accomplishment. It was the end of an era." His other favorite day was his 50th class reunion. "I was so happy and impressed by how my classmates turned out and how much I enjoyed being with them." He added, "I have been blessed with a wonderful marriage that has lasted almost 40 years and counting. I took my wife to my 50th reunion, and she came away with the same great appreciation of the wonderful education and opportunity that Webb gave me."
After graduating from Webb, Siegel attended Washington University in St. Louis and then went to graduate school at Brown. "I had no idea where I would end up career-wise after Webb. I knew I wanted to see more of the world outside my small hometown and Bell Buckle. As it turned out my entrepreneurial spirit was very strong, and I ended up owning and managing my own company that specializes in heavy-duty truck parts. I have been at the company for almost 26 years and still love coming to work every day."
As a prefect and member of the honor council, Siegel learned about leadership. The importance of honesty and integrity in life and work were also important lessons as were diligence and hard work that were ingrained in him at Webb.
Becoming a Burkhead Society member truly just formalized a belief that Siegel has had about the importance of financial support for Webb. "My family was fortunate to have the ability to afford a Webb education. But I give back to Webb for the opportunity it gives to scholarship students. I was overawed by the brilliance (yes, that is the right word) they displayed, and Webb allowed them the freedom and academic challenge to excel at school and life. Webb needs the financial support from alumni to maintain its high academic standards as well as the physical plant of the campus."
Siegel added, "I live a long way from Webb, so my contact with the school has been sporadic. But I have visited several times since graduation and am still most interested in all aspects of the school. I would like to see Webb continue to turn out great scholars, regardless of their ability to pay, and practical, honest citizens of the world."
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Burkhead Legacy Society
The Burkhead Legacy Society recognizes all of those individuals who have confirmed their intentions to make Webb a beneficiary. The process for completing the Burkhead Legacy Society membership form is straightforward, and represents simply an estimate of a gift to be received in the future. Becoming a member allows donors to inform the school how they wish their gifts to be used. It also allows the school to appropriately recognize donors for their lasting support.
These gifts represent a unique commitment to the school, and can help donors make gifts that they want to make one day. These gifts benefit the school immensely; they can even help donors become confident that they have the financial resources they need for their family during their lifetimes.
The Burkhead Legacy Society recognizes all of those individuals who have confirmed their intentions to make Webb a beneficiary. The process for completing the Burkhead Legacy Society membership form is straightforward, and represents simply an estimate of a gift to be received in the future. Becoming a member allows donors to inform the school how they wish their gifts to be used. It also allows the school to appropriately recognize donors for their lasting support.
There are several ways to make planned gifts, and the following outlines some of most common ways this can be done. Most of these gifts are revocable, meaning that they do not involve the transfer of assets. Revocable gifts can be changed or even removed in the future without any additional obligation. For donors that wish to make irrevocable gifts that involve a transfer of ownership, please contact the Alumni and Development Office at the school directly. (Due to Webb's small size, irrevocable gifts are often owned and administered by third parties as opposed to the school directly.)
The descriptions below are intended to help begin a discussion, and should be used in conjunction with one's professional advisors. The Webb Alumni and Development Office is delighted to work with any advisor whom donors wish to engage in the discussion. The Alumni and Development Office strives to help create gift discussions that are meaningful, and that achieve the charitable goals of the donors.
Anonymous
Ms. Robyn Allen ’75
Mr. and Mrs. William B. Allen
Mr. James G. Anderson ’89|
Ms. Deborah Atterholt ’72
Mr. Keith J. Barton ’75
Mr. John T. Bragg, Jr.
Mr. John C. Carr ’79
Mr. Phillip G. Coop ’66
Ms. Constance E. Cox ’85
Mrs. Nancy Cox
Mr. Ed R. Davies ’49
Mrs. Dorothy Elkins
Mr. and Mrs. Jack Fleischer '75
Ms. Noel F. Greene ’91
Ms. Barbara A. Grobicki ’86
Dr. and Mrs. William G. Hardin, III ’79
Ms. Audrey R. Harrell ’84
Mr. Douglas B. Havron ’83
Mr. and Mrs. David Hazelwood
Mr. and Mrs. Glenn Holliman
Mr. George B. Huddleston, Jr. ’76
Mr. William H. Huddleston, IV ’81
Dr. William A. James, Jr. ’56
Mr. John M. Johnson ’75
Mr. Robert L. Kirkpatrick, Jr. ’51
Mr. William H. Lassiter, Jr. ’56
Mr. J. Whitson Linder ’84
Mr. Walter W. Manley, II ’64
Mr. John P. Matthews, IV ’78
Mr. Paul B. Maxwell ’53
Mr. Michael M. Morgan ’94
Mr. Steven J. Muhl ’65
Mr. John S. Murrey ’72
Mr. W. Preston Murrey, III ’70
Mrs. Gwen Jones Owen '75
Ms. Lucy Phillips
Mr. George E. Pine ’68
Mr. Michael H. Read ’77
Mr. Jay and Mrs. Sandra Sanders
Dr. C. William Schultz, III ’65
Dr. Jasper E. Shealy, III '57
Mr. Howard Siegel '67
Mr. Wilson Sims, Jr. ’72
Mr. Wilson Sims, Sr. ’42
Mr. W. Hamilton Smythe, III ’48
Mrs. Michelle M. Sorenson ’96
Dr. Charles F. Spurlock, III '05
Dr. Paul R. Stumb, III ’52
Mr. Bob F. Thompson ’65
Mr. Davis W. Turner '79 and Mrs. Melora Wilkins Turner '80
Mr. Bayard H. Walters
Mr. John F. Whorley, Jr. ’79
Mr. Raymond Williams and Mrs. Cydya Williams
Mr. H. Lee Woosley, III ’78
Mr. T. Allen Wright ’74
MEMBER ESTATES
Mr. Robert K. Beal, Jr. (’48) Estate
Mrs. Sam D. Bell, Jr. Estate
Mr. C. Eugene Brewster (’42) Estate
Lingurn H. Burkhead (’21) Estate
Mr. Jac Chambliss (’27) Estate
Mr. Paul C. Craft (’56) Estate
Marian J. Crawford (’22) Estate
Mr. Hugh G. Eldredge, Jr. (’48) Estate
James J. Ellis (’44) Estate
John M. Flexner (’44) Estate
Dr. T. Cole Flournoy (’63) Estate
Buford Gordon (’22) Estate
John B. Hardin (’50) Estate
Mrs. Shirley Harvey Estate
George B. Huddleston, Sr. (’50) Estate
Bernard Leslie Huffman, Jr. (’47) Estate
Mr. Thomas J. Lisenby ’47 Estate
Sam H. Mann (’43) Estate
David J. Matton (’47) Estate
James R. Meadows, Jr. (’52) Estate
Markham L. Peacock, Jr. (’21) Estate
Mary C. Ragland Estate
Mr. J. McNeil Rogers (’27) Estate
Mr. Wayne M. Rogers (’50) Estate
W. Clint Rucker, Jr. (’50) Estate
Alden H. Smith, Sr. (’23) Estate
G. Dean Smith (’71) Estate
H. Laird Smith Estate
John W. Smythia (’73) Estate
Paul W. Trousdale (’31) Estate
L. Parks Weaks (’41) Estate
Henry J. White, Jr. (’48) Estate
Henry O. Whiteside, Sr. (’29) Estate
Mr. Burch Williams (’35) Estate
Wise Family Trust
Catherine Jacobs Wisener (’24) Estate
Mr. and Mrs. Inzer Bass Wyatt (’23) Estate
For those who would like to add Webb to their estates, one way to do this is to include language in a will that specifies an amount to be given to the school (bequest). Bequests can be an individual dollar figure, or a percentage of the total estate. It can be "outright" (given directly), or "residual" - meaning that Webb receives the gift only after certain other provisions have been handled.
Standard bequest language may be inserted into one's will as follows:
"I give to The Webb School, a not-for-profit educational institution located in Bell Buckle, TN, the sum of $XXXXX from my estate to be used for XXXX purpose."
or
"I give to The Webb School, a not-for-profit educational institution located in Bell Buckle, TN, XXXX % of my estate to be used for XXXX purpose."
For those who do not want to make provisions through a will, there is an option to simply name Webb as a beneficiary by filing paperwork with the custodian/provider of the life insurance, retirement plan, or trust. The beneficiary will be paid directly, so please include on the form specific information needed for Webb.
Name: The Webb School TAX ID #: 62-0401875 Address: 319 Webb Road East, Bell Buckle, TN 37020
There are many ways to make planned gifts, and contacting the Alumni and Development Office is a way to begin focusing on these unique opportunities. Once a decision has been made to include Webb as a beneficiary of a planned gift, please contact the Alumni and Development Office to share your potential interest. Webb employs strict confidentiality and discretion regarding any inquiries made about planned giving.
If there is an asset you own that is not mentioned above, please also reach out to the Alumni and Development Office to see if it is one that could be included in a planned gift provision.
For more information: Leigh Adams, Director of Alumni and Development
More than 100 individuals have made provisions for Webb, and the school is very grateful for all of these that represent sincere commitments to the school. Webb acknowledges there are those who would rather not to complete the form, preferring to keep their intentions as private as possible. Webb does encourage using the membership form as a way for donors to confirm how they would like their gifts to be used.
Unrestricted: No restrictions on how it is used. A decision will be made by the school in conjunction with relevant policies enumerated by the Board of Trust, and any applicable laws.
Restricted - Student Endowment: To be used for student scholarships and to be held in the permanent endowment. Only a percentage of the endowment will be spent each year, with the goal of having the endowment in perpetuity.
Restricted - Faculty Endowment: To be used to supplement faculty compensation and to be held in the permanent endowment. Only a percentage of the endowment will be spent each year, with the goal of having the endowment in perpetuity.
Other: Donors with specific designations describe their plans in as much detail as possible.
Making a planned gift and becoming a Burkhead Legacy Society member is truly a special gift, and one that inspires others. Thank you.
Contact:
For more information about gifts to Webb, such as bequests, or if you would like more information about the Burkhead Legacy Society, please contact Leigh Adams, Director of Alumni and Development at 931-389-5722 or ladams@webbschool.com.
