As a military veteran, retired business owner, professional engineer, and former Rotary District Governor, Ted Trueblood knows about smart investments and returns. He understands the power of scholarships to change lives from the assistance he received as a student pursuing an engineering degree.
Ted is now in the position to help others launch their careers through scholarship support. This past year, he donated his IRA required minimum distribution as a qualified charitable distribution to two scholarship funds at The Alaska Community Foundation.
Ted sees using his required minimum distribution as a tax-smart strategy for those who are over 70½ who want to use their IRA in a tax advantaged manner. “Giving your IRA distribution to charity is a stress-free, low-effort action to take, and The Alaska Community Foundation makes it easy to give,” Ted said. He added, “When my wife and I learn about the young people who have received the scholarships, we know we are making a difference.”