Ben Surovy MBA
Retired Professional Staff

Surovy Sets IRA Rollover Example to Benefit the Libraries As Benjamin Surovy MS '72 has, donors can make gifts to Binghamton University through IRA rollovers without first declaring the gifts as income, but only until Dec. 31, 2007, when legislation allowing the practice ends.

Surovy recently rolled funds from his IRA into the Benjamin Russell Surovy University Libraries Endowment, building on prior gifts, and has included the University in his estate plan.

After retiring from the Air Force at 41, Surovy earned his master's degree at Binghamton, remaining on as a professional staff member. "I spent 19 years in various capacities, retiring in the 1990s," he said.

With no wife or children, Surovy decided to support both of his alma maters (he earned his bachelor's degree at Cornell University before entering the Air Force.) "I chose to support acquisitions for the libraries because the library became important to me while at Binghamton," he said. "I did a lot of studying and research in the library and still use libraries to find general information."

Surovy's nontaxable gift directly from his IRA to the Binghamton University Foundation is helping him to support the University now and well into the future.