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| Samples of Generosity |
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Jack and Virginia Sexton - Planned Gifts
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With three small children in tow, Jack and Virginia Sexton came to San Bernardino in 1960 to pursue an opportunity in the equipment
rental business. Thirty-six years later, after selling their business, they moved to La Jolla to be near their children and grandchildren.
As their business grew, they contributed generously to the city. Before they retired, they transferred stocks into a newly created
charitable remainder annuity trust, naming Cal State San Bernardino as one of the beneficiaries. Charitable remainder annuity trusts
provide a tax deduction at inception and a lifetime income which is partially tax free. . "San Bernardino was good to us, so we wanted
to be good to San Bernardino," Jack says. Their gift supports the computer science department and computer information systems.
The couple has been so impressed with the results that they wonder why more people don't take advantage of setting up such a trust.
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Nick Coussoulis - Bricks and Mortar
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Ten years ago, to enhance the athletic facilities, a new CSUSB Health and Physical Education Complex opened with a state of the art,
5,000 seat arena. To complete the funding for the project, Nicolas Coussoulis, chairman of Coussoulis Development, stepped forward.
He did it gladly, with one major request. He asked that the arena be named in honor of his parents, James and Aerianthi Coussoulis.
During the dedication ceremonies,Nick said, "The greatest achievement a son can attain is to have the opportunity to publicly honor
his mother and father." Both immigrants from Greece, Mr. and Mrs. Coussoulis traveled to America to give their children the
opportunity for a better future. Nick concluded, "Their faith in one another gave them the fortitude to raise their children
with dignity, respect for authority and the determination to achieve an education. Thank you mother and father".Today, Coussoulis
Arena serves as the home court for the Coyote women's championship volleyball team and the six-time conference champion men's
basketball team, as well as women's basketball. The arena is viewed by many as one of the best in NCAA Division II sports and
in the Inland Empire.
Nick Coussoulis is a CSUSB alumnus. He earned a B.A. in geography in 1975.
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Jim Watson, Watson and Associates - Program Support
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In December 2003, CSUSB's College of Education launched a new Literacy Center to provide special programs to K-12 children to improve and
enhance their reading abilities and meet their lifelong literacy needs. The center was funded initially by a gift of $100,000 from Watson
and Associates, a Seal Beach,, Calif., corporation that is building homes near campus. The company gave additional gift of $100,000 to
the center in 2004. CEO James Watson says, "While there are an endless number of good, worthwhile causes to support, literacy struck an
especially strong chord. Solid reading skills obtained at an early age are one of the best means of ensuring a person's, the family's
and the Nation's future success. The Literacy Center is therefore one of our company's proudest achievements. While it may seem a bit
outside our field, we look at it as a more powerful type of construction- one that builds and transforms lives."
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Neale Perkins - Endowed Scholarships
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In just two dinner events hosted at Belle Mason, their estate in Lake Arrowhead, Calif., Neale and Patricia Perkins have raised
more than $150,000 for scholarships that go exclusively to mountain students. Neale is the chair of Cal State San Bernardino's
University Advisory Board, and is a frequent guest lecturer in criminal justice classes. He founded and managed Safariland,
Ltd., a successful body armor- and holster-manufacturing business in Ontario, Calif., for many years. Patricia has been active in
volunteer work in Lake Arrowhead. Their popular mountain gathering has inspired support the couple never dreamed possible. Said
Neale in a recent Riverside Press-Enterprise article, "Up here we have a lot of students, and adults for that matter, who just
don't have the opportunity to take advantage of higher education. So we offered that opportunity to them."
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These stories are courtesy of CSUSB Public Affairs and Cal State San Bernardino Magazine and used with permission.
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