Bob earned a bachelor’s degree in chemical engineering in 1954 and an MBA from Harvard in 1956. He began his career in Boston at Raytheon and then headed to New York, where he worked at Roanwell, an acoustic devices company that created the “red phone” for the desk of the president of the United States. Later he moved to California, where he worked at several electronics companies, and in 2001 he joined Dynatem, where he is now head of operations. An active volunteer since graduating, Bob is the class agent. Carol earned a bachelor’s degree in government from Radcliffe. On trips with MIT alumni, they’ve sailed up the Elbe River from Prague to Berlin, visited China and Morocco, toured north central Italy, and cruised the Mediterranean.
“We’ve given MIT 12 gift annuities. It’s a great idea because everybody wins. A gift annuity allows you to both give and receive: I want to help MIT, but at the same time, I get a flow of funds while I’m still alive. The annuities give me income for life, and when I pass on, my wife gets the money; when she passes on, MIT gets the money. It’s also a great way to diversify your investments. And not only do I have the money working for me, but I pay less income tax than I would if it were straight annuity income. There are many ways and places to give, but my main love is MIT, because of all it does for the world. It’s the top engineering institution anywhere. It did marvelous things for the world during World War II, and it’s doing wonderful things today, particularly in the brain and biological sciences. I’m glad to support MIT because there are just so many benefits.”
Please consider your own gift to MIT.
For information, contact David Woodruff: 617-253-3990; daw@mit.edu. Or visit giving.mit.edu.
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