Endowment for Performing Arts funded through Life Insurance

"We enjoyed the many projects we could help Schreiner complete over the years. Now, in retirement, we are pleased we could make an even more significant gift that will come to SU after our deaths. A survivorship insurance policy takes our premiums and grows the account through the rest of our lives. Schreiner eventually receives a guaranteed amount-all of which will go to the endowment. It's a satisfying feeling and a great way to stretch one's resources to accomplish important goals."

Mary Ellen and Tim Summerlin
Kerrville

After a long and happy career as Schreiner's fifth president (2001-2016), Tim and his wife, Mary Ellen, chose to remain in the community they have served so long and diligently. They thoughtfully explored planned gift options and found the leveraged power of a second-to-die life insurance policy gave them the opportunity to fulfill their philanthropic vision.