ew York, Germany and North Carolina are just a few of the places the Asaphs have lived. But they settled in Portland where they raised their daughter. The Asaphs have two grandchildren.
The Asaphs have been longtime donors to Providence because "it's a good cause and Providence has been good to us," explained Mary Ann.
Dr. Jim was a cardiac and thoracic surgeon for 25 years at Providence Portland Medical Center. After he retired as a surgeon he went on to do research for 13 more years, looking for better treatments and outcomes for lung cancer patients. "Lung cancer is one of the worst cancers around," said Jim. "We want to help finish cancer."
"We want to help finish cancer."
- Jim Asaphs
Jim and Mary Ann take advantage of the "Charitable IRA Rollover" which allows them to give directly from their IRA to Providence. They discussed various giving options with their financial advisor and decided that there are many benefits of using IRA funds to make their gifts.
The Asaphs are happy the Protecting Americans from Tax Hikes Act of 2015 was passed and the provision allowing direct gifts from their IRA was finally made permanent. They have been making gifts from their IRA since it first became available. Now, they don't have to wait to find out if the provision has been renewed before making their gift.
"We like giving through our IRA because there are no taxes," said Jim. "We like to support the thoracic surgery program. And, I served on the Providence Portland Medical Foundation board for several years, so I know the good work they do with our gifts."
The Asaphs will celebrate their 50th wedding anniversary on New Year's Eve this year.