Scottrade founder gives $7.5M to startup support organization BioSTL

Local bioscience booster BioSTL has received a $7.5 million gift from Paula and Rodger Riney to further grow the nonprofit’s development of entrepreneurs and investment in startups.

Rodger Riney founded Scottrade Financial Services, which was acquired in 2017 by TD Ameritrade in a $4 billion deal.

“St. Louis researchers are on the vanguard of discovering and commercializing lifesaving treatments and cures, and Paula and I are delighted to support the work of BioSTL in this endeavor,” Rodger Riney said. “We are confident that this organization will use our gift to advance and benefit the St. Louis region.”