Augsburg Grad and Wife Are Happy to Share Their Good Fortune: Carolyn and Dale '60 Hanka
Carolyn and Dale Hanka are firm believers in free enterprise and entrepreneurship, a fact that's reflected in their successful careers. Carolyn was a university marketing instructor; Dale was a financial planner and bank president. Together they owned and managed a title company.
Now retired, the couple is acknowledging the importance of Augsburg to their success by establishing the Dale and Carolyn Hanka Business Scholarship.
"The college gave me so much—small class sizes, individual attention from professors, (and) the opportunity to learn teamwork and leadership by playing hockey, to name a few advantages," says Dale, a 1960 Augsburg graduate. "Now, we want to share some of our good fortune with others through the college."
"Business is important in America," he adds. "With the scholarship, we can help students study successful business practices and provide the background to succeed at whatever they do."
The Hankas' scholarship, which is primarily funded with a gift annuity, will provide encouragement and financial assistance annually to one or more students with a business major. In addition to the annuity, Dale and Carolyn make annual gifts to the college, and Dale is an active volunteer, having served as a class agent and a member of Augsburg's alumni board of directors.
Dale says it was his background as a financial planner that led to the Hankas' decision to set up the gift annuity. "I always encouraged people to practice philanthropy and recommended gift annuities. I advised clients to give until it feels good. I thought I had better practice what I preached," he says. "It does feel good to be able to provide funds for scholarships."
He adds: "It's also a good feeling to sign the check and hand the money over—knowing that we are going to be helping someone through college."
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