Allen F. Hawley (September 26, 1893 – November 13, 1978[1]) was an American fundraising administrator best known for developing the Pomona Plan, a pioneering deferred giving scheme, for Pomona College.[2][3]
Life and career
Hawley grew up on a ranch in El Cajon, California. He attended San Diego High School and then worked on the ranch for a year before enrolling at Pomona College, from which he graduated in 1916. He then attended Harvard Business School, but dropped out to serve as an ambulance driver in France during World War I.[4] After the war, he worked as an assistant director at Fox Film in Hollywood[4] and on the advertising staff of the Los Angeles Examiner.[5]
In 1938, he returned to work for Pomona, and in 1942 he introduced the Pomona Plan, a deferred giving scheme through which members receive a lifetime annuity in exchange for donating to the college upon their death.[6] The plan enabled Pomona to substantially increase its endowment, and its model has since been adopted by many other institutions.[4][7][8][9][10]
Hawley retired from Pomona in 1962[11] as a vice president.[1] That year, the college awarded him an honorary doctor of law degree.[11] He died in 1978 at a nursing home in Hemet, California.[3][4]
Further reading
- Dunseth, William B. (1994). Allen F. Hawley, 1893-1978, Pomona College, class of 1916. Claremont, Calif. OCLC 32589569
References
- ^ "Obituary for Allen F. Hawley". Los Angeles Times. 17 November 1978. p. 86. Retrieved 29 November 2020.
- ^ Fink, Norman S. & Metzler, Howard C. (1982). The costs and benefits of deferred giving. New York: Columbia University Press. ISBN 9780231054782.
- ^ Dunseth, William B. (1994). Allen F. Hawley, 1893-1978, Pomona College, class of 1916. Claremont, Calif. OCLC 32589569
- ^ Sterman, Paul (14 November 2012). "The Man with a Plan". The Pomona Plan. Pomona College. Archived from the original on October 17, 2020. Retrieved 11 August 2020.
- ^ "Chancellor Allen Hawley dead at 85". Berkeley Gazette. Associated Press. 17 November 1978. p. 39. Retrieved 29 November 2020.
- ^ "1944". Pomona College Timeline. 7 November 2014. Retrieved 13 August 2020.
- ^ "Pomona Plan Book 2017". Pomona College. Archived from the original on October 17, 2020. Retrieved 13 August 2020.
- ^ "Criticism Applied To Pomona Plan". The Harvard Crimson. March 16, 1959. Retrieved 13 August 2020.
- ^ Baldwin, William (Jun 6, 2012). "A Fat Yield And a Deduction". Forbes. Retrieved 13 August 2020.
- ^ Brown, Ronald A. (1 September 2019). "Pomona College Leads a Post-WWII Boom in Planned Giving". Gift Planning History. Retrieved 17 October 2020.
- ^ "AS WE SEE IT...By One of Us". Pomona Progress-Bulletin. 12 June 1962. Retrieved 17 October 2020.