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News Release

Family Uses IRA Rollover to Support FHSU

The Caprez family has three generations of Tigers, and a connection with Fort Hays State that spans more than 80 years.

Judy Caprez, although not a Fort Hays State graduate, has been a part of FHSU's faculty since 1992. She was also voted Kansas Social Worker of the Year in 2001, and is a five-time nominee for the Pilot Award – given by graduating seniors as a way to express personal recognition and gratitude to those who have committed themselves as educators, counselors, and friends.

Judy and her husband, Preston Caprez, met on a blind date at a New Year’s Eve party back in Ohio. They hit it off and, exactly a year after the event, married on New Year’s Eve.

Preston’s connection with Fort Hays State goes back to the 1920’s and 30’s, when his mother and aunt, respectively, graduated from FHSU. Preston’s aunt was Dr. Viola Caprez, who was the protégé of Dr. Kelly – whom the Kelly Center is named after.

Preston, who earned a BS and MS in Geology at FHSU, also has a special connection to Hays’ pride and joy – the Sternberg Museum. As both an undergraduate and graduate student, Preston worked at the museum back when it was located in what is now McCartney Hall, on FHSU’s campus.

“I know of the importance of the Sternberg Museum, especially in the world of paleontology. We are indeed fortunate that, through the hard work and dedication of many people, we have a wonderful museum,” said Preston.

The Caprez family history with Fort Hays State doesn’t stop there, as Preston and Judy’s kids – Adam and Cassanda – also graduated from FHSU. "Fort Hays State prepared our children very well for future achievements, as Cassanda is an MD and Adam has a PhD," said Preston.

The Caprez family has established the Caprez Family Endowed Scholarships fund. In 2011, the Caprez Family Social Work Scholarship was established; a year after that their Geology scholarship; and now, most recently, the Caprez Family Scholarship for Pre-Medicine, and the Scholarship for Physics.

The four scholarships guarantee support for FHSU students in Judy’s, Preston’s, Cassanda’s, and Adam’s fields of study respectively.

“Judy and I value education and feel strongly about continuing our commitment to FHSU. We hope that by establishing the Caprez Family Scholarships we can help insure our commitment to Fort Hays State,” said Preston.

The Caprez Family gift comes from their IRA rollover. The IRA rollover, passed by legislation, allowed them to meet charitable goals for FHSU, and reduce their taxes by transferring the distribution directly to the FHSU Foundation.

An IRA rollover is a simple and easy way to reduce taxes, create a legacy, and help FHSU and its students. Although this incentive was available throughout 2013, it has not yet been decided by the U.S. Congress if the IRA rollover will continue into 2014.

Please visit http://foundation.fhsu.edu/pressrelease/tigertalk_oct13.php for additional information, or feel free to call the FHSU Foundation office at (785) 628-5620.