Make us a beneficiary of your IRA or other “non-probate” assets
Why beneficiary designations are so powerful
Assets not included in your will are called non-probate assets. Examples are 401(k)s, IRAs, life insurance policies, and other accounts. Designating the St. Andrew's Episcopal School as a beneficiary can have a big impact and may avoid unwanted taxes for your loved ones.
Charitable benefits
Common gifted assets for beneficiaries
- IRA
- 401(k)
- Life insurance
- Joint real estate
- Joint bank accounts
- Joint property ownership
Designate St. Andrew's Episcopal School as a beneficiary to one or more of your accounts.
We have partnered with FreeWill to offer this free online platform that will walk you through the process of setting up your beneficiaries. These gifts have a big impact and can often prevent unwanted taxation.
Planned giving ensures a bright future for SAS
At St. Andrew’s, we inspire students to grow in heart, mind, and spirit. Planned gifts help ensure that this mission endures, supporting future generations with the same care, curiosity, and community that define our school today.
Frequently Asked Questions
Individuals who make a planned gift commitment to St. Andrew’s (and let us know!) will join The Bailey Society, our donor society recognizing those who have the generosity and foresight to enable SAS to maintain its growth and stability.
A non-probate asset is an account or other asset that won’t be governed by the decisions you make in a will. Instead, these accounts commonly have an assigned beneficiary that you choose. Types of non-probate assets include many retirement accounts, life insurance, some bank accounts and some assets (like a house or vehicle) that you jointly own with another person.
The most commonly gifted non-probate asset is an IRA or 401(k). This is because these accounts are always taxed (even for people below the estate tax threshold). Giving these accounts to charity keeps your heirs from having to pay unexpected taxes.
Yes! Gifts of any size are deeply appreciated. Many people choose to leave a percentage of their estate, which scales up or down with your estate size.
Yes! Even if you have a will in place you still need to designate beneficiaries for your non-probate assets.
No. You can usually make these easily and at no cost to you.
Yes. You are always free to revise or update your estate plans.
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Name: Beth Bailey
Title :Director of Individual Giving & Stewardship
Phone: 512-299-9825
Email: bbailey@sasaustin.org
Already included us in your estate plan? Let us know
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).
Popular tax-smart gifts
Many people are increasingly choosing to give non-cash assets, so they can have a bigger impact at less cost to them.