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Launching Careers for the Next 20 Years and Beyond: Jack Calvin and Nora Janjan, M.D., M.P.S.A., M.B.A.


In a sea of nonprofit organizations, charities and foundations, Mr. Calvin and Dr. Janjan sought to leave a gift that would accomplish something truly meaningful. They found the RSNA R&E Foundation.

"We felt strongly we should be good stewards of the opportunities given to us, and that's why we included the RSNA R&E Foundation in our trust," said Mr. Calvin and Dr. Janjan. The husband and wife have committed to a $600,000 bequest, which will endow an annual named research seed grant for a period of twenty years. The Jack Calvin & Nora Janjan, M.D., M.P.S.A, M.B.A., Research Seed Grant will enable faculty investigators to gain experience in defining objectives and testing hypotheses in preparation for major grant applications to corporations, foundations, and government agencies. The data from these projects will indicate feasibility and appropriateness of the research prior to applying for funds from other agencies.

With low overhead administrative costs, their R&E donation goes where they want it: to fund grants, said Dr. Janjan. "The RSNA has been an integral part of my career, and the Foundation is highly effective. R&E Foundation grant recipients get a 40:1 return on investment, and that's better than any other investment you'll find today."

Dr. Janjan, who also holds a Masters in Public Service Administration and a Masters in Business Administration, is pursuing a career in health policy after retiring from her position as a tenured professor in the Department of Radiation Oncology at The University of Texas M.D. Anderson Cancer Center in Houston.

"Sooner or later, each one of us will face a medical problem," said Dr. Janjan. "Through research, advances in medicine can be made that save lives." Their gift will enable young investigators to conduct promising research, launch careers, and strengthen the specialty for years to come.

eBrochure Request Form

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A charitable bequest is one or two sentences in your will or living trust that leave to the R&E Foundation 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 the R&E Foundation, a nonprofit corporation currently located at 820 Jorie Blvd., Oak Brook, IL 60523, 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 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 Foundation 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 potential 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 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 the Foundation 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 the Foundation 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 Foundation where you agree to make a gift to the Foundation 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.

Personal Estate Planning Kit Request Form

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