Support for First Generation Students
The 50th Reunion of Russell Sage College’s Class of 1967 is approaching and class member Kay Steinkirchner Rock wanted to do something meaningful for her alma mater—with which she shares a September 19 birthday.
With tax advantages made possible by Federal Charitable IRA Rollover legislation, Kay contributed IRA assets to establish the Evelyn Donaldson Steinkirchner Scholarship Fund in memory of her mother, who did not attend college but was determined to give Kay the opportunity. The scholarship will be awarded to first-generation students at Russell Sage College.
Kay herself was the first in her family to attend college; she studied Spanish and Economics at Russell Sage, then earned an MBA and worked for an international consulting firm. She is also the author of two books, including the recently published Over the Hill and Gaining Speed. The grandmother of five in Doylestown, Pennsylvania, appreciated the opportunities Sage offers for donors to match their interests with a giving plan that works for them.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.