The Missouri Bankers Foundation honors the achievements of Missouri bankers and their families. Endowment gifts from Missouri Bankers and friends of the Missouri banking community provide permanent investments to ensure a continuous source of funding for college scholarships and continuing financial education in the state. 

When the Missouri Bankers Foundation receives endowment gifts, the principal is held in perpetuity, with part of the annual earnings generating ongoing support for activities and scholarships designated by the donor. Contributions may be made by an individual gift, bequest, corporate gift or memorial gifts. Bankers also may contribute to an existing endowment or create their own. A gift of $20,000 or more can initiate a named endowment. This is just one thoughtful way to honor or memorialize a loved one or special event.
Types of Planned Giving
  • Gift by Bequest
    A bequest is one of the simple ways donors can give from their estate. Bequests can be made for a specific dollar amount or a percentage of the estate and can include tangible personal property, real estate, securities or the remainder after the donors have provided for their heirs.
  • Gift of Cash
    A gift of cash may be deducted in an amount up to 50 percent of your adjusted gross income.
  • Appreciated Stock
    Appreciated stock is an attractive gift. The donor may avoid capital gains tax and receive a tax deduction for the full value of the gift. Although there are different rates for capital gains on assets that are sold, when the stock is given to the Missouri Bankers Foundation, no capital gains tax will apply.
  • Bonds and Mutual Funds
    Bonds and mutual funds, unless they have appreciated in value, are similar to cash in the way taxes are treated, with a tax deduction for the full value of the gift. If they have appreciated, a capital gain tax could be avoided.
  • CDs, Savings and Checking Accounts
    When titled appropriately, the donors retain full ownership and full control during their lifetime. At their death, the remainder is given to the Missouri Bankers Foundation, immediately and without probate.
  • Charitable Trusts
    The Missouri Bankers Foundation accepts a wide variety of trust arrangements that your advisor can incorporate in your estate tax plans. 
Scholarship, Funds and Endowments
  • MBF Willis W. Alexander Scholarship
    established by gifts in memory of Willis W. Alexander (1919-1985), president of the Trenton Trust Company
    Alexander served as president of the Missouri Bankers Association and the American Bankers Association. He held the office of executive vice president of the ABA for 15 years.
  • John W. Rogers Memorial Scholarship
    established in 1997 by gifts in memory of John W. Rogers from his sons, John and James Rogers
    Rogers was a career banker and past-president of the Missouri Bankers Association. This scholarship is awarded to a graduating senior, or seniors, with preference given to applicants pursuing a banking-related degree and planning to attend the University of Missouri-Columbia.
  • MBF William W. Quigg Memorial Scholarship
    established in 1998 by gifts in memory of William W. Quigg
    This scholarship provides financial assistance to University of Missouri juniors, seniors and graduate students pursuing a degree in a banking-related field. Quigg served as president of the Missouri Bankers Foundation for 11 years and was a past-president of the Missouri Bankers Association.
  • Scott A. Childress Memorial Scholarship
    established in 2008 by gifts in memory of Scott A. Childress from his wife, Rebecca Childress, and two daughters, Courtney Bonnell and Lacey Childress
    Scott Childress was a career banker and the president of Citizens Bank of Edina. His family hosts an annual Scott Childress Memorial Golf Tournament to further fund the endowment, which benefits the MBA Young Bankers Leadership Division.   

Contributions to the Missouri Bankers Foundation are tax deductible. 

For More Information

Contact Rachael Preston at 573-636-8151.