A Wider World
UC Santa Barbara transformed how Trustee Phil Spector '72 engaged with the world. As a student, Phil studied abroad in England and became deeply involved with the UC Santa Barbara Department of Political Science. He created an unrestricted legacy gift for campus to help students excel for generations to come.
"I believe that unrestricted gifts are generally the best," said Phil. "My unrestricted gift supports the whole university with the most flexibility, and it is more permanent than my annual gifts."
After graduating from UC Santa Barbara, Phil earned a law degree from Harvard University. Phil's mentorship with political science Professor Larry Adams helped him understand how government and policy intersect, crucial to his long career in Washington, D.C.
"Larry Adams made these philosophers real and part of one's life in a way that was inspiring and exciting," Phil said. "There was, for me, an intellectual awakening from professors here who inspired me and who made me do new things."
Phil believes a legacy gift is part of good estate planning. He would like to see UC Santa Barbara's endowment grow to rival Harvard's, leading to more student support.
"I received some scholarships when I was at UC Santa Barbara, so giving back is important," said Phil. "UC Santa Barbara educated me and opened my eyes to a wider world."
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.