1 minute read

LASTING LEGACIES

Next Article
NORTHWEST POSTCARD

NORTHWEST POSTCARD

Leonard Read ’70 and his wife, Sara, have pledged a deferred six-figure gift to the Northwest Foundation that will assist future students and faculty at the University. In doing so, the couple designated funding to establish a perpetual scholarship for students studying science, technology, engineering or math as well as an endowed professorship in natural sciences.

With no children of their own, the Reads are interested in investing their money where it can help others.

“We want to try to give the money to somebody that has limited opportunity to go to college and give them a chance to get into a STEM-type impact program where we need help within the United States,” Leonard said.

As a native of Glenwood, Iowa, Leonard chose to pursue his bachelor’s degree in chemistry at Northwest because he perceived it as the best value for higher education in the region.

“They gave me a good, basic education, which is what I needed,” Leonard said. “I think that made a big difference. They had a good chemistry program, and I got a well-rounded education above and beyond that.”

After completing his bachelor’s degree, Leonard moved to Iowa State University for graduate-level coursework and completed a master’s degree in physical chemistry.

Ready to launch his career, Leonard secured work in a crime lab with the Bureau of Alcohol, Tobacco, Firearms and Explosives in Washington, D.C., where he assisted with investigations, conducting tests and analysis during a four-year span.

From there, he took his expertise to a crime lab with the United States Postal Inspection Service for 13 years and then 10 years in postal engineering before retiring in 2004 after five years with the United States Postal Service Office of Inspector General.

“I was an only child and my parents didn’t have much money, and I was the first one in our family to go to college. I know what college could do back then, and I’m hoping it can do the same thing in today’s environment.”

– Leonard Read

Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift to our organization.

CONSIDER THESE ADVANTAGES: or advance@nwmissouri.edu to learn about the many advantages of bequests, beneficiary designations, IRA charitable rollover gifts and other ways to give.

■ It’s simple to set up.

■ You maintain control of your assets.

■ It provides a gift to Northwest in an amount you believe is appropriate, and you can still provide for your loved ones.

■ It provides an estate tax deduction.

■ It provides for a cause you deem worthy at Northwest.

■ It includes membership in the Northwest Foundation’s James H. Lemon Heritage Society.

■ It leaves a lasting legacy at Northwest.

This article is from: