Skip to Content

A Proud Connection to Bowdoin

Peter Small '64

Peter Small '64 was the fourth of five generations to attend Bowdoin.

For more than a century and a half, Bowdoin has created opportunities for my family. I was the fourth of five generations to attend Bowdoin, beginning with my great-grandfather on my mother's side, Isaac Metcalf, Class of 1847. Isaac was followed by my grandfather, father, me, and most recently by my son Ben '97 and daughter Buffy '99.

The value of education-and of a Bowdoin education in particular—is fundamental to our family. Bowdoin helped earlier generations of my family—some of whom were struggling Maine farmers—to become teachers, librarians and engineers. The college also opened doors and helped me make connections that were vital to my professional development.

In the years after my graduation from Bowdoin, I supported the college because of the opportunities it had provided my family and me. More recently, my wife, Alison, and I have come to appreciate the opportunities that a Bowdoin education provides to students from a wide range of places, backgrounds and cultures, and—even more importantly—the impact that these students later have on their communities and on society as a whole. It has made us eager to support the college in every way we can.

Our support has grown to include annual gifts to the alumni fund, creation of an endowed scholarship fund and an endowed professorship, a charitable remainder trust and a charitable gift annuity, and a provision benefitting Bowdoin in our estate plan. Alison and I are proud to be closely connected with such a special and important place, and we are delighted that we can make it possible for future students to join the Bowdoin family and access all the opportunities that come with that connection. Knowing that each of those students will go on from Bowdoin to make a unique mark on his or her surroundings makes us even prouder.
-Peter Small '64

Peter Small spent his career in commercial real estate development. He is a former chair and current member of Bowdoin's board of trustees, and he has also served the college in many other capacities, including overseer, leadership gift committee chair and class agent as well as maintaining leadership roles in several campaigns. Peter and Alison live in Concord, Mass.

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to Bowdoin College 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 give to Bowdoin College, a nonprofit corporation currently located at 4100 College Station, Brunswick, ME 04011, or its successor thereto, ______________* [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.

cannot be changed or cancelled

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 a charitable account sponsored by a public charity that donors use to support their philanthropy.

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.

A lead trust holds appreciating assets for a term of years (or for your lifetime), and makes quarterly or annual payments to Bowdoin College. The College benefits from the stream of reliable, steady gifts from the lead trust, and you're able to witness the impact of your gifts during your lifetime. At the end of the trust's term, all remaining trust assets are distributed to your designated beneficiaries with greatly reduced (in some cases zeroing out) gift and estate tax, regardless of how much the trust has grown.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. 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 Bowdoin as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. 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 Bowdoin 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 Bowdoin where you agree to make a gift to Bowdoin 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.

With a retained life estate, the donor(s) irrevocably deeds a personal residence or farm to the College, but retains the right to live in it for the rest of his/her life, a term of years, or a combination of the two. The term is most commonly measured by the life of the donor or of the donor and the donor’s spouse.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.