Making a Big Impact for Athletics and Academics

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Daniel Rochkind ’98

Attending Maryland was way out of eighteen-year-old Dan’s comfort zone. A native Long Islander, his growing up was admittedly sheltered. Moving into Denton Hall was his first time outside of New York for more than a short vacation. But the University was a good fit. He was interested in sports broadcasting, and Maryland had a great program without being too far from home. Plus, he was awarded a generous scholarship to boot.

Throughout his time here Dan was a sports reporter on WMUC and stayed busy, earning degrees in journalism and accounting. After graduating in 1998, he dove into the world of finance—spending 15 years on Wall Street before moving to his current work at a venture capital firm in Manhattan focusing on high-tech startups.

He is never far from Maryland though with fellow alumni and athletic events forming a central part of his social circle. “The experience isn’t just about four years.” says Dan. “At lots of schools you can have a good experience for four years and get a good education. But Maryland is about a lifetime as an alumnus, not just four years as a student.”

Dan started his life as an alumnus by joining the Terrapin Club soon after graduation. Over the years he has grown into a loyal donor, expanding his giving to include the Honor’s College as a way to bolster academics and say thank you for the scholarship he received as a student. Today he is continuing to pay it forward as a planned gift donor. Dan has made the University the beneficiary of an IRA to benefit athletics and the honors college equally. He has become something of a planned giving spokesperson—touting of the benefits often to friends and alumni whenever he has the chance. As far as making a big impact, “This is the best, most tax-efficient way to do it,” says Dan. “You don’t have to give millions to make an impact, and it is equally exciting for the giver and the recipient.”

If you are interested in making a gift of retirement assets, like Dan, or other planned gifts, you can learn about the different options by visiting our Web site giftplanning.umd.edu or by contacting our staff. We are always here to help.

 

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