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Wayne Stickles '67: Bryant Education Inspires Alum to Create Legacy

Wayne Stickles

Wayne Stickles '67 has made a bequest to benefit future generations of Bryant students.

Wayne Stickles '67 enjoyed a successful career in the staffing industry where he was responsible for more than 300 offices, generating more than $500 million in sales annually. Before retiring, Stickles ran his own staffing company, where he and his son David doubled the size of the business. 

A critical component to Stickles' success: his Bryant University education.

"I had so many professors during my time at Bryant who were kind enough to go out of their way to help me," he says. "In addition, the friendships I made with my classmates, which continue to this day, helped develop me."

Because of the lifelong impact that Bryant has had on him, Stickles has decided to make a bequest that will benefit Bryant students for years to come.

"When I realized it was time to do some planning for the future, my first thought was to make sure that my family was taken care of," he says. "But I also thought that it would be nice to 'pay it forward' and thank Bryant for providing me with the tools I needed to develop and maintain a successful career."

Following his graduation with a marketing degree from Bryant, Stickles enlisted in the Air Force. Honorably discharged after four years, he then began his career at Olsten Services, a staffing company in Baltimore, MD, as a sales representative. In 1979, he and his family moved from Baltimore to Ft. Lauderdale, FL, where he accepted a job with Personnel Pool. There, as Vice President of Operations, Stickles enjoyed unprecedented growth and success.

"My sales training from courses I took at Bryant helped me to win over a number of customers," Stickles says. "I was then on my way to a successful career in sales, sales management, sales training and consulting."

In 1998, Stickles bought out a franchisee at Personnel Pool in West Springfield, MA. Having sold that business in 2013, he is happily retired and living in Central Florida.

"I have great memories from my time at Bryant," Stickles says. "Now I hope that my contributions can help someone else make their own wonderful memories while receiving a terrific education."

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A charitable bequest is one or two sentences in your will or living trust that leave to Bryant University 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

Bequest Language

"I, [name], of [city, state ZIP], give, devise and bequeath to Bryant University [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 Bryant University 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 Bryant University 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 Bryant University 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 Bryant University where you agree to make a gift to Bryant University 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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