Gift From "Renaissance Man" Benefits Art Department
During his lifetime, David W. Kasitz operated machinery that produced hay and forage equipment for a well-known Kansas manufacturer. He also appreciated classic motorcycles bearing the Moto Guzzi and Triumph nameplates, dabbled in piano, violin and guitar, and supported services for disadvantaged children.
His wide-ranging interests also included Emporia State University's Department of Art, which is now receiving a six-figure gift from his estate.
"He was very much a Renaissance man," said his cousin, John Peters of Walton, Kansas. Kasitz, of Newton, Kansas, died in January 2014. His passion for motorcycles and the open road led him to serve as the state president for the Moto Guzzi National Owners Club for several years.
The bulk of his estate will endow the David W. Kasitz Donor-Advised Fund to support Emporia State's engraving arts, printmaking and painting programs and provide scholarships for art students.
"This kind of support shows the extensive impact of the arts and arts education on our lives," said Patrick Martin, interim chair of Emporia State's art department.
After earning a bachelor of science in education degree in industrial education from Emporia State in 1975, Kasitz worked as a machinist at Cessna Aircraft Co., in Wichita before joining AGCO in Hesston, which manufactures hay-handling equipment bearing the Hesston name.
"David loved his time at Emporia State, and he influenced me to go to college there, too," said Peters, who graduated with a BSE in psychology two years after Kasitz.
Describing him as private and individualistic, Peters said his late cousin enthusiastically gathered knowledge on investment practices. Kasitz consulted with John Griffin, an estate planner who works at no charge with friends of the Emporia State University Foundation, for advice in setting up his gifts.
Make a Difference
Your gift to ESU can make a lasting impact on future hornets. Contact Carol Cooper at 620-341-6463 or firstname.lastname@example.org to learn about including a gift in your future plans.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.