A Century of Service. Giving for Good.

Use Your IRA To Fund Your Charitable Initiatives

drshulze-1685-horizontalDr. Irene Shulze

Rather than making bequests in your will or trust for your favorite charities, did you know that it often makes better sense to designate a nonprofit to be a beneficiary for all or part of your IRA? With this approach, the nonprofit gets every dollar because of their tax-free status.

Dr. Irene Schulze, a retired microbiologist and researcher, took advantage of this often-overlooked solution to set up her fund at the Community Foundation, which will help female scientists of tomorrow explore viruses we may not even know exist today. If you’d like to learn more, please contact Christine Burghoff, director of gift planning.

St. Louis Community Foundation

#2 Oak Knoll Park, St. Louis, MO 63105
tel 314-588-8200, fax 314-588-8088