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What do the University of Miami, Bank of China, and
the Petronas Tower in Kuala Lumpur, Malaysia, have
in common? Each has benefited from the generosity
and hard work of A. A. "Sak" and Odelia Sakhnovsky.
You may have seen the Petronas Tower in the film
Entrapment, or come to recognize the geometric
architecture of I. M. Pei in downtown Miami's
Centrust Tower, Hong Kong's Bank of China Tower, or
Cleveland's Rock and Roll Hall of Fame. Without the
Sakhnovskys' Construction Research Laboratory in
Miami, these buildings and many more that mark the
skylines of cities from Chicago to Shanghai would
not have been possible. The company's résumé also
includes the Sears Tower, John Hancock Building,
Standard Oil Building, Prudential Building, World
Trade Center, and the new Westin Hotel in New York
City.
However, this impressive list does not tell the
complete story, including how Sak came to own
Construction Research Laboratory, and how that led
to a substantial gift to the University of Miami.
In 1952, Sak was asked by Chemistry Department
Chairman Emeritus Walter Walker to conduct research
at the University of Miami. Gradually, Sak's
responsibilities shifted to include an obscure
window test facility at the South Campus. From
1954-1968, Sak worked for this research division of
the University of Miami. In 1968, the laboratory was
deemed unrelated to the academic mission of the
University of Miami and subsequently sold to Mr.
Sakhnovsky.
The lab tests various stone, glass or metal wall
units after construction of high-rise buildings
shifted to use these prefabricated materials, making
it practical and necessary to test the wall design.
Tests are now conducted in a full-size mock-up that
best represents the actual structural conditions.
In the years that followed, Sak expanded the
business to include an international cadre of
soaring structures. Today, the test facilities
include two 2,650-hp aircraft engines with 13 ½-foot
propellers, used to simulate hurricane-like winds.
There are 15 high-pressure blowers, 20 manometers,
which measure the lateral pressure exerted on a
structure, and much more equipment that make the
facility the best for testing the world's tallest
and most complex landmarks.
How did this benefit the University of Miami? At
a meeting with the University of Miami Office of
Planned Giving, the Sakhnovskys discussed several
creative ways to avoid taxation on appreciated
assets, generate income, and create a lasting legacy
at the College of Engineering and School of
Architecture. Since the Sakhnovskys credited the
University of Miami for enabling the success they
had enjoyed, the couple chose to create two
permanent endowed scholarships through a generous
gift funding a Charitable Remainder Annuity Trust.
At the same time, the Sakhnovskys established an
Irrevocable Life Insurance Trust (ILIT) that will
benefit their children. The ILIT replaces the assets
that are designated for the University of Miami and
also allows the children to receive the funds free
of all taxes.
The Sakhnovsky trusts addressed a number of
planning and tax issues, while enabling University
of Miami students to pursue engineering or
architecture degrees through the funds generated
annually by the permanent endowments. Equally
important, the trusts will forever recognize the
Sakhnovskys' commitment and generosity to the
University of Miami.
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