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800 Meadows Road, Boca Raton, FL 33486 | 561.955.7100

Marian Prince Continues Family Legacy and Paying It Forward

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Marian Prince is making the Hospital even better with her annual and future gifts.

Marian has an infectious way of making everyone around her strive for the very best, with the intent of making things as good as possible. She believes in treating everyone she meets with dignity and respect and is driven by a culture common in America in the 1940s and 50s—"one where everyone does everything they can to help out."

If you are lucky enough to spend time with Marian, you will learn very quickly that she is a master of improvement. Her father, Joseph Ulano, came to New York in the 1920s and found work in the screen printing industry. By the early 30s, he had invented the film stencil, modernized the silk screen industry, and formed a film coating company. Since 1931, the company he founded—Ulano—has grown into the world's largest integrated manufacturer of screen printing stencil systems. Under Marian's leadership, her father's company went international in 1962 and continued to flourish in innovation, service, and technical education in the industry. Marian worked for the company for 56 years and loved every minute of it.

Marian's success as a CEO is impressive, but when you ask her which of her accomplishments she is most proud of, it is the development of the company's pension/profit sharing plan because of the difference it made in the lives of the employees. It is when she put this plan into place for her company that she learned how to manage funds and came to understand the market. Once again, the things she cares about most made things better for everyone.

Making Life Better for Others
When asked how she has been able to accomplish so much, Marian says, "My theory is that I am a lucky lady! I had a great career, and I was married for 41 years to Herbert Prince—a prince of a man—and I look for opportunities to pay it forward. I am grateful for so much and I want to give much!"

At every opportunity, Marian looks for ways to give to benefit others. "Boca Raton Regional Hospital is a diamond in our community and I want to do everything I can to show my gratitude and make it better for everyone."

During her last stay in the Hospital, Marian made a cash gift to make improvements to a waiting area and patient rooms, as well as arranging for a planned gift. These improvements will make the rooms more comfortable for loved ones and visitors who come to see their family members, in addition to making the patients themselves more comfortable. She is directing her planned gift to what is needed most to serve patients at our Hospital.

When asked why Marian chose to give to the Boca Raton Regional Hospital, she says, "I can't thank this Hospital enough for helping me through this! When you are confronted with the need for surgery, this gem of a Hospital and everyone in it will see you through the situation from the moment you step out of your car, check in with the lovely security staff who greets you with a smile, to every nurse, doctor, and aid involved in your clinical care. Even the valet team makes you feel like part of the family. The entire Boca Raton Regional Hospital staff has become like a family to me! They don't expect anything from me, but every one of them has been awesome. Our Hospital is something worth supporting!"

A charitable bequest is one or two sentences in your will or living trust that leave to the Boca Raton Regional Hospital Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to the Boca Raton Regional Hospital Foundation, a nonprofit corporation currently located at 745 Meadows Road, Boca Raton, FL 33486, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to the BRRH Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the BRRH Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the BRRH Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and the BRRH Foundation where you agree to make a gift to the BRRH Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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