Funding Options for our Rotary Foundation

As a 31 year veteran in financial advising and being named in the Top 1% of Ameriprise nationwide since 1994, Ralph brought a unique perspective to looking at how it is that you can help to support the goal to fund the Foundation for long-term viability by reaching a level where self-endowment will be feasible.  Small donations, done consistently over time, will go a long way towards our goal for the Foundation – $200 per month, $1000 per year, whatever you can spare – it all adds up.  In many cases, donations may be matched by your employer as well.  Looking at larger or more complex donations can get us there even more quickly.  He urged everyone to evaluate your “Toxic” assets, those which will trigger taxation by the IRS, to determine if there are possible assets to donate and eliminate that tax burden.  Some examples were: naming the Foundation as a contingent beneficiary on assets, donate a portion of your required minimum distribution from an IRA, directing capital gains from a highly appreciated asset or structuring in a trust.  If you are interested in investigating further, please contact Ralph directly to discuss options that may be viable for your particular financial situation.