Planned Giving: An Enduring Impact on Sandia Prep
The Simms Society is named for the school's founder, Barbara Young Simms, and honors donors who have made planned gifts to the school. Whether it be a life insurance policy, bequest, permanent endowment, IRA, or charitable gift annuity, Simms Society members have created a legacy that will benefit students, teachers and programs for generations.
- Estate Plan Gifts
- Life Income Gifts
- Charitable Gift Annuities
- Charitable Remainder Unitrusts
- Pooled Income Funds
- Charitable Lead Trusts
- Donor Advised Funds
You may make a bequest or gift through your estate by including a provision in your will or living trust, or by naming Sandia Prep School as a beneficiary of a retirement plan or life insurance policy. The amount left to the school can be expressed as a dollar amount or as a percentage of the assets to be given.
A life income gift allows you to give assets to Sandia Prep School while providing yourself or others with income for a period of time before Sandia Prep School is permitted to use your gift. You may make a life income gift by transferring securities, cash, or other property to Sandia Prep School or a trustee. The School or the trustee then manages the investment of the assets and pays an income to you, your designated beneficiaries, or both. Income payments continue for the beneficiaries’ lives or, in some cases, for a term of up to 20 years.
Director of Development