Is a Charitable IRA Rollover right for you? This option might be a good fit if: You’re 70 ½ or older and receiving IRA required minimum distributions, but you don’t need the extra income. You want to make a significant gift during your lifetime, rather than leaving these assets as a bequest in your will. Through the IRA Rollover provision, you can transfer assets from your IRA to several different kinds of charitable funds at the Community Foundation.* Your options include: A designated fund, which allows you to specify in advance which charities will benefit from grants made from your fund. A field of interest fund, which allows you to choose a general charitable cause (such as education, health, conservation, etc.) that grants from your fund will support. A Giving Tree fund, which allows you to support a specific community in Arkansas. Grants from Giving Tree funds are selected by a committee of local leaders, who accept grant proposals from nonprofits serving that co
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)