Long Beach Rotary Scholarship Foundation

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Planned Gifts 


Within a donor's thoughtful estate planning, a gift through the Will or Trust(s) may be contributed to the Foundation . 


The thoughtful donor may designate an investment/brokerage account or bank account(s) to benefit the Foundation. 


Thoughtful philanthropy may name the Foundation as beneficiary of a planned gift such as a Charitable Remainder Trust (CRT),  Charitable Lead Trust (CLT) or other structures.


A donor may designate the Foundation as beneficiary of a retirement plan, 401k or Individual Retirement Account (IRA). 


Importantly, the Foundation is a Type III Supporting Organization.  As such the Foundation is not able to accept contributions from a Charitable Individual Retirement Accounts (IRA).  This restriction applies to those beyond age 70 ½ and taking the annual Required Minimum Distribution (RMD).