Tarleton Alumna Attributes University Connections to Her Success

Photo of Nancy Golden Turley

Nancy Golden Turley received was named a Tarleton State University Distinguished Alumna in February.

Nancy Golden Turley calls them purple threads.

In her remarks upon being named a Tarleton State University Distinguished Alumna in February, she spoke of the connections she forged as a student. Connections that have strengthened over time.

“I attribute so much of who I am to Tarleton,” she said. “There were so many purple threads sewn into my life by Tarleton and the people I met there.”

She mentioned several high-profile faculty members and administrators as among her greatest allies as a student.

“Lamar Johanson, O.A. Grant, Mike Leese, J. Lewis Evans; I could go on and on. They are all icons of the University. These people influenced and impacted my life more than I could say. Not just from an educational standpoint, but through the personal investment that faculty, staff, community and alums all made.”

Purple threads also led to her introduction to Dallas entrepreneur Mike Myers, who hired her sight unseen almost four decades ago on the advice of Dean of Students Cecil Ballow.

Turley’s achievements make quite the list.

She was the first woman elected Tarleton student body president. She graduated in 1979 summa cum laude with an accounting degree, having served four years in student government, first as a member of the student senate, then as student body vice president and president.

She served on the Tarleton Alumni Association Board of Directors from 1984 to 1993, and again from 2008 to 2012. Twice she was named an officer—president 1990-1992, treasurer 2009-2012.

Now she’s helping stitch purple threads through the Golden Family Endowed Scholarship, created by her brother, Tarleton Distinguished Alumnus Jerry Golden, and his son, former student body president Josh Golden.

“When we are blessed to benefit from the efforts of other people, I think we have an obligation to pay that forward,” she says. “That’s how we continue the example that others have provided and continue the legacy of those who came before us. It’s a way of contributing to the Tarleton family.”

And sewing purple threads.

To learn more about ways you can strengthen your connection to Tarleton State University, and sew some purple threads of your own, please contact Ashleah Baker at abaker@tarleton.edu or 254-968-9421.

 

A charitable bequest is one or two sentences in your will or living trust that leave to Tarleton State University 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

Bequest Language

"I, [name], of [city, state ZIP], give, devise and bequeath to Tarleton State University Foundation, Inc. [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

"I, [name], of [city, state ZIP], give, devise and bequeath to Tarleton State University [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 Tarleton 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 Tarleton 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 Tarleton 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 Tarleton where you agree to make a gift to Tarleton 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

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

eBrochure Request Form

Please provide the following information to view the brochure.