“I sincerely hope that my contributions will enable the College of Pharmacy to continue to attract quality students to its graduate programs.”

pg5When Keith Guillory was exploring the next step in his professional journey, he started looking into a move to the University of Iowa. “I knew two faculty members who came to Iowa from the University of Wisconsin at Madison, which is where I received my master’s degree and Ph.D.,” he said. “I was impressed by the then new College of Pharmacy building. Iowa City was also a place that attracted many visitors from the pharmaceutical industry and from academia.”

In 1964, Guillory left Washington State University and began his career at Iowa—teaching three undergraduate courses and two graduate courses for the UI College of Pharmacy. The Louisiana native truly loved his time outside the classroom, too. “I found that working with my graduate students on their research projects was very stimulating and rewarding,” said Guillory. “My greatest joy was and still is seeing my Ph.D. graduates succeed in the industry and in teaching.”

After spending 30 years as a professor and researcher within the UI College of Pharmacy, Guillory retired in 1994. Today, he serves as emeritus professor and works in his UI College of Pharmacy office three days a week on literature research for a number of pharmaceutical firms. He also stays up-to-date on his former students. “I consider my graduate students my children,” he said.

Throughout his career, Guillory has seen the importance of private support, and he’s been a loyal contributor to the UI for more than 30 years. In addition, he provides travel assistance to graduate students so they can attend annual meetings of the American Association of Pharmaceutical Scientists, and he provides funds to assist in paying for the alumni reception held at that meeting.

In 2000, his former graduate students honored him with the creation of the Dr. J. Keith Guillory Graduate Student Fellowship. “This endowed fund allows two of our outstanding graduate students in pharmaceutics to get a lot of their coursework out of the way—without the obligation of having to start research immediately or work as a teaching assistant,” he said. “Once they’ve completed their first year, faculty members then bring them into their research.”

Guillory will be adding to this fellowship through two charitable gift annuities he established with the University of Iowa Foundation. This giving mechanism allows him to eventually support whatever purposes at the UI he chooses, while receiving guaranteed, fixed payments for life. Not only does Guillory appreciate the income he receives, he has enjoyed tax benefits as well. Part of his payments each year are tax-free, and when he created both of his charitable gift annuities with the UI Foundation, he received a federal income tax charitable deduction.

“The charitable gift annuity provides me with an opportunity to fund this fellowship while providing a little bit of income, which is nice for someone who is retired,” said Guillory. “I was able to fund the charitable gift annuities through cash and a mutual fund that I transferred to the University of Iowa Foundation. I have also designated that the fellowship will be the recipient of a portion of my TIAA-CREF retirement account upon death, which will increase the fellowship support from two to four graduate students.

“I sincerely hope that my contributions will enable the College of Pharmacy to continue to attract quality students to its graduate programs. Iowa must compete with institutions such as Michigan, Ohio State, and Wisconsin for outstanding students. Those institutions offer research assistantships to beginning students, and now the University of Iowa can also do that.”