The Naval Institute has received a generous bequest from William Shea Hasler, a former merchant seaman who recently died at age 72 in San Francisco. Mr. Hasler attended the University of California, Santa Cruz, and was a skilled engineer who loved history. He was a voracious reader with a vast collection of Naval Institute Press books and Proceedings magazines.
Mr. Hasler was a Navy junior—his late father, Captain William A. Hasler Jr., U.S. Navy (Ret.), was a member of the Naval Academy Class of 1938. Captain Hasler was cited in the Naval Institute’s Oral History program for his role in the development of the Polaris missile project.
The Naval Institute plans to honor Bill Hasler’s generosity by expanding its conference activity on the West Coast and building a new event that will appeal to the students of California Maritime Academy as well as members of the local commercial maritime industry, merchant mariners, and the large Navy, Marine Corps, and Coast Guard veteran community in the San Francisco Bay Area. This annual event will kick off in 2019 and will be named in his honor.
In addition, we will be offering student memberships to all Cal Maritime cadets for the foreseeable future, acknowledging Mr. Hasler as the sponsor. We also will recognize him and his father in the forthcoming Naval Institute Press book on the Polaris program, which will be published in 2019. Finally, Bill Hasler’s support will be permanently memorialized at Beach Hall, the Naval Institute’s Annapolis headquarters.
Advantageous Year-end Giving
Please keep us in mind with your year-end tax planning. A donation of appreciated stock you’ve held longer than a year can be more beneficial to you than making a cash gift. (You can take a charitable deduction for the stock’s fair market value on the day you donate it and avoid capital-gains taxes on the increase in value over time.)
Should you choose to make a gift through the transfer of stock, thank you! Here’s our specific information:
Broker: Merrill Lynch
DTC #5198
Account #707-04070
Naval Institute Foundation, Inc.
291 Wood Road
Annapolis, MD 21402
The Naval Institute Foundation’s tax identification number is 52-1814344.
If you will, please let us know when you transfer stock. Contact Kirk McAlexander at (410) 295-1056 or at [email protected].
Also, if you are older than 70½, a donation from your retirement account counts toward your required minimum distribution for the year but is not included in your adjusted gross income. This can provide tax relief—and is a great way of strengthening the Naval Institute.
’Tis the Season
Our sincere thanks to all who have so generously supported the Naval Institute in 2017. Please accept our best wishes for the holiday season and throughout the New Year. We look forward to serving your interests in 2018.