Allen F. Hawley (September 26, 1893November 13, 1978) was an American fundraising administrator best known for developing the Pomona Plan, a pioneering

deferred giving Planned giving (less commonly known as gift plannin is an area of fundraising that refers to several specific gift types that can be funded with cash, equity, or property. These gift vehicles are commonly based on United States tax law, buCanada ...

scheme, for

Pomona College Pomona College ( ) is a private liberal arts college in Claremont, California. It was established in 1887 by a group of Congregationalists who wanted to recreate a "college of the New England type" in Southern California. In 1925, it became ...

Life and career

Hawley grew up on a ranch in

El Cajon, California El Cajon ( , ; Spanish: El Cajón, meaning "the box") is a city in San Diego County, California, United States, east of downtown San Diego. The city takes its name from Rancho El Cajón, which was in turn named for the box-like shape of the va ...

. He attended

San Diego High School San Diego High School (SDHS) is an urban public high school located on the southern edge of Balboa Park, in San Diego, California, United States. It is the oldest high school in the San Diego Unified School District, one of the oldest public sch ...

and then worked on the ranch for a year before enrolling at

, from which he graduated in 1916. He then attended

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

, but dropped out to serve as an ambulance driver in France during

World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin ...

. After the war, he worked as an assistant director at

Fox Film The Fox Film Corporation (also known as Fox Studios) was an American Independent film production studio formed by William Fox (1879–1952) in 1915, by combining his earlier Greater New York Film Rental Company and Box Office Attractions Film C ...

in Hollywood and on the advertising staff of the ''

Los Angeles Examiner The ''Los Angeles Examiner'' was a newspaper founded in 1903 by William Randolph Hearst in Los Angeles, California. The afternoon ''Los Angeles Herald-Express'' and the morning ''Los Angeles Examiner'', both of which had been publishing in the ...

''. In 1938, he returned to work for Pomona, and in 1942 he introduced the Pomona Plan, a

scheme through which members receive a

lifetime annuity A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive. The majority of life annuities are insurance products sold or issued by life insurance companies however substantial case ...

in exchange for donating to the college upon their death. The plan enabled Pomona to substantially increase its

endowment Endowment most often refers to: *A term for human penis size It may also refer to: Finance *Financial endowment, pertaining to funds or property donated to institutions or individuals (e.g., college endowment) *Endowment mortgage, a mortgage to b ...

, and its model has since been adopted by many other institutions. Hawley retired from Pomona in 1962 as a vice president. That year, the college awarded him an honorary

doctor of law A Doctor of Law is a degree in law. The application of the term varies from country to country and includes degrees such as the Doctor of Juridical Science (J.S.D. or S.J.D), Juris Doctor (J.D.), Doctor of Philosophy (Ph.D.), and Legum Doctor (LL ...

degree. He died in 1978 at a nursing home in

Hemet, California Hemet is a city in the San Jacinto Valley in Riverside County, California. It covers a total area of , about half of the valley, which it shares with the neighboring city of San Jacinto. The population was 89,833 at the 2020 census. The foundin ...

References

Pomona College alumni 20th-century American businesspeople Harvard Business School alumni 1893 births 1978 deaths {{US-business-bio-stub San Diego High School alumni

Life and career

Further reading

References