Swim With Mike receives endowed scholarship

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by Andres Anton-Diaz

Through many years of maintaining a strong relationship with Swim With Mike by sponsoring a lane and procuring auction items, Yvonne Bogdanovich already had a strong bond with our organization’s mission. Yvonne has been a strong and loyal supporter of many great causes at USC for over thirty years, and when an opportunity arose in 2013 to make an even greater impact, Swim With Mike naturally came to mind.

“Even though I never had the opportunity to meet a Swim With Mike recipient in person, I had connected with all of them at a distance through the newsletters and through Ron.”

Yvonne understood that Swim With Mike, while already counting on a strong foundation of unconditional support from donors large and small every year, had a smaller long-term structure to rely on. Swim With Mike’s endowment (our organization’s investment account) has been growing steadily over the past few years, allowing us the opportunity to save for the future, while only spending the interest we receive from every year. Following the lead of Karen Larson (Executive Director position endowment), Will and Linda Gassett (operating endowment), the Mayer-Leahy family (endowed scholarship), and Jennifer Walsh (endowed scholarship), she understood that what we needed the most was to guarantee another one of our scholarships in perpetuity. Her generous gift of $250,000 will go far in ensuring that our family will continue to support physically challenged athletes for generations to come.

“I am very grateful for the opportunity to sit next to and interact with Nick Ekbatani at a recent function. He was an incredible reminder of why the work of Swim With Mike is so important, and how all of our donations are truly changing lives every single day.”

Our team will continue to work hard in identifying families across the country who wish to support us in continuing to strengthen our financial future. One of the things that make endowments, annuities, and deferred tax plans so great is the security they provide for our mission in perpetuity. As Swim With Mike co-founders noted:

“Our endowment guarantees that Swim With Mike will live on long after we are gone.” – Ron Orr

“ This generous gift will ensure that Swim With Mike will always be able to help someone to jumpstart their life, through education, after sufferring a life altering accident or illness.” – Mike Nyeholt

Thank you Yvonne for your generous support. Our current and future recipients could not have done it without you.

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