Support Cardinal Stritch University

December 12, 2019

Stritch Announces $2.5 Million Gift to Support Students, Academic Programs and Activities

Ted and Mary Kellner, respected leaders in the Milwaukee business and philanthropic communities, announced a $2.5 million gift to support Cardinal Stritch University, its students, academic programs and activities.
“On behalf of the entire Stritch community, I want to express our profound appreciation to Ted and Mary for their belief in Stritch, our students and the leadership role Stritch can and must play in higher education,” said Stritch President Kathleen A. Rinehart, J.D. “The transformational programs we offer are designed to prepare the whole person to succeed in a diverse and ever-changing world. The Kellner gift will enable the University to continue to prepare 21st century leaders who, in turn, will enhance the communities in which they live and work.”
Read more about the gift at in this StritchNews post

This special video thanking the Kellners for their generosity and support of Stritch was played at the December 12, 2019, event announcing their gift:


Ways to Give

Click here to give via credit card through our secure website.

If you wish to charge your gift via phone on a Master Card or Visa, a member of our Advancement staff will be happy to help you navigate the giving process. Please have the following information at hand:

  • Name on credit card
  • ​Credit card type
  • Account number
  • Expiration date
  • Amount of gift
  • 3-digit security code (CVV number on back of card)
  • Your class year or other affiliation with Stritch

Call (414) 410-4939 or (800) 347-8822.

Download and print our Giving Form (PDF) and mail your gift or pledge to:

Cardinal Stritch University
University Advancement 
6801 N. Yates Road #99
Milwaukee, WI 53217

All gifts postmarked December 31 or earlier will be credited for that year's giving. Please make checks payable to Cardinal Stritch University. 

A gift of long-term appreciated securities, either publicly traded or from a closely held company, may provide you with greater tax advantages than a gift of cash.

Recent record highs in The Dow make this a great time to make a gift of appreciated securities such as stocks to Cardinal Stritch University. 

With the current steady rise in the stock market, many investors are likely to own shares that have substantial gains. There may be significant tax benefits to directly donating these stocks instead of cash.

By transferring appreciated stock directly to Cardinal Stritch University you can double up on tax benefits:

            1) the charitable deduction plus 
            2) avoiding tax on the appreciated value of the donated stock.


You want to donate $20,000 to Cardinal Stritch University.

You own $20,000 worth of stock which you purchased for $5,000 five years ago. 
If you sold the stock then donated the $20,000 cash, you would receive a $20,000 charitable deduction.

However, you must report the $15,000 capital gain on the stock

($20,000 - $5,000 = $15,000)

The $15,000 gain will be taxed at 15% resulting in a $2,250 loss to taxes.

Alternately, you could donate appreciated stock of approximately $20,000 directly to Cardinal Stritch University. You get the same $20,000 charitable deduction and avoid tax on the capital gain.

It is important to know that you must have held the appreciated stock for more than one year in order to deduct the full market value.

Important information

Agent: Robert W. Baird & Co. (Kathy Beronja, CFP; (414) 765-3522)
Stritch Account Number: 19735985
Stritch Tax ID: 39-0806196

Please call (414) 410-4939 and leave a message, alerting us that a stock gift is imminent. One of our gift officers will follow up with you directly.

Congress has extended tax-free distributions from Individual Retirement Accounts for charitable purposes. That means any gift made directly from your IRA to Cardinal Stritch University counts toward your minimum distribution and will not be considered taxable income. Each taxpayer can give up to $100,000 tax free in any tax year. This type of gift may be particularly appropriate if you are over the age of 70 ½ and required to take a minimum distribution from your IRA but do not need additional income. 

Why should someone age 70 ½ or older give to Stritch

A very generous octogenarian Stritch donor recently said “it’s all about improving the lives of the younger generation.” By supporting Stritch you help those who long for an education so they can be successful in life and in serving others. 

Stritch is committed to preparing students to become values-centered leaders in business, education, nursing, health sciences, the liberal arts and the community at large.

The key requirements for the IRA Charitable Rollover provision are:

  • The IRA account holder must be at least age 70 ½ at the time the distribution is made.
  • The distribution must be made directly from the IRA custodian to Cardinal Stritch University.
  • Gifts to all charities combined cannot exceed $100,000 per donor per year.
  • The gift can only be made from an IRA. Gifts from 401(k), 402(b) and 457 plans are not permitted.
  • No goods or services can be received by the donor in exchange for the IRA gift. IRA rollovers cannot be used to fund a charitable annuity or trust and cannot be made to a private foundation, donor advised fund, or a supporting organization.

As always, consult your financial advisor to see if this type of gift is right for you.

How do I make a 2017 IRA Charitable Rollover gift to Cardinal Stritch University?

  • Contact your IRA administrator/custodian and request a direct charitable distribution to Cardinal Stritch University (TAX ID: 39-0806196).
  • Request that the check be sent directly to: Cardinal Stritch University, 6801 N. Yates Road, #99, Milwaukee, WI 53217.
  • Request the IRA administrator/custodian to include your name and address as donor of record and that they copy you on the transmittal.
  • To qualify for the 2017 tax year, the IRA transfer must be made prior to December 31.
  • Please inform one of the gift officers listed below of the transfer. If you would like your gift designated for a specific fund, the gift officer will need that information in writing.

For more information, please contact us.

Spotlight on Giving

  • Focus on Stritch AlumniJudy Linsley, ’96, a member of the College of Education and Leadership Advisory Council, and her husband, Dan, value how Stritch welcomes adult learners and established a scholarship for students aged 25 and older pursuing a bachelor’s degree.
  • Meet Stritch Supporters: Family members created the Rosemary Walsh Hinkfuss, '54, Endowed Scholarship in honor of their late wife and mother. The scholarship will support undergraduate students majoring in history, education or a related field. 
  • Your Gifts in Action: Theater major Monty Sanford is able to pursue his dream of an acting career thanks to the generosity of Stritch donors. A motivated young man who has been cast in a number of Stritch theater performances, Sanford is dedicated to getting the most from his education. 

Click on the images below to read the inspirational stories behind each gift.