Planned Giving

Sinclairs Use Appreciated Stock to Help Provide Financial Education to Students

Photo of Bob Sinclair
Bob Sinclair

During his more than 45 years in the financial services industry, Bob Sinclair (Herbert College of Agriculture ’71) has seen it all. “I’ve seen a number of successful people, but I have also seen successful people who do not make good financial choices. I’ve seen people who get overloaded in debt and who don’t save. Those choices can have dire consequences later in life,” he says.

As a chartered financial consultant, Bob believes that early education about finances is key. “When I attended the UTIA Campaign Kick-off in September 2018, I saw the demonstration by 4-H on how current choices affect our financial futures,” he says. “I thought the program that they were highlighting, the On My Own program, was something that was needed. Its purpose is to teach young people to make good financial choices from an early age, and I wish I had such an opportunity to learn as a student. I also wish many of my clients had been able to benefit from such a program.”

Bob contacted Evan Beech, Associate Director of Advancement, to learn more. “Evan shared with me additional information about the program and about similar impactful things happening at UTIA. It was eye-opening.”

Bob and his wife Debbie were inspired to do more. Together, they have created the Bob and Debbie Sinclair Financial Excellence Endowment and the Bob and Debbie Sinclair Financial Excellence Fund. These funds will be used to provide support for UT Extension’s efforts to introduce and provide financial education to young people via 4-H and/or Family and Consumer Sciences, including the On My Own Program, LifeSkills, and collegiate financial education.

Bob and Debbie chose appreciated stock to fund their gift. Once they decided how they wanted to give, Evan helped them draft the paperwork to memorialize the gift. “It was easy,” shares Bob.

Bob likes to share tax-wise giving tips with his clients. “Charitable giving through appreciated assets is a smart way to give because it allows you to receive a charitable deduction and avoid capital gain. When people learn that they can do this, they get excited. Also, I am proud to share UTIA’s story. When people learn about the impact at UTIA, they want to be a part of that as well.”


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