Jane and Jerry Kingsley created a planned gift of investment accounts that will fund Regents' Scholarships and support the Memorial Student Center Wiley Lecture Series after their lifetimes.
Jane and Jerry Kingsley are what you might call “Aggies by relation.” Neither of them attended Texas A&M University—Jerry is a University of Texas graduate while Jane received a degree from Lamar University—but the couple feels a strong connection to Aggieland through their daughters, Marlee ’07 ’14 and Tara ’10.
Encouraged by their Texas A&M experiences, the Kingsleys created a planned gift using some of their investment accounts that will provide opportunities for future Aggies.
A portion of their gift will establish two Regents’ Scholarships. Intended for deserving first-generation college students, these four-year scholarships are awarded to students whose families have an adjusted gross income of $40,000 or less. The remainder of their gift will advance the Memorial Student Center Wiley Lecture Series, a student-led organization that brings world-renowned speakers to campus to discuss national and foreign policy issues.
Creating a gift using investment accounts is easy, as it only requires naming the Texas A&M Foundation as beneficiary of the account(s) on the investment firm’s transfer-on-death form. After the holder’s lifetime, investment funds are transferred to the Foundation and used to the donor’s specification—whether for a certain program, scholarship or organization. This simple process is revocable, which gives individuals the ability to change their minds.
For the Kingsleys, the option offered an easy way to leave a legacy at Texas A&M without creating financial stress during their lifetimes