Lucy Sprague Mitchell Society
Recognizing Legacy Gifts to Bank Street
The Lucy Sprague Mitchell Society honors generous individuals who have included Bank Street College of Education in their estate plans. These legacy gifts reflect a deep and lasting commitment to the values of progressive education, great teaching, and the transformative power of learning.
In the words of Bank Street founder Lucy Sprague Mitchell, “We see in education the opportunity to build a better society.” By becoming a member of the Lucy Sprague Mitchell Society, you’ll join a community of alumni, faculty, staff, and friends who share a powerful vision: that education is the key to a better, more just world.
Why Join the Lucy Sprague Mitchell Society?
Planned gifts—regardless of size—play a critical role in securing Bank Street’s mission for future generations of teachers, students, and families. Society members are recognized for their foresight and generosity and enjoy special benefits, including:
- Invitations to exclusive events, including our annual Appreciation Lunch with the President
- Periodic briefings and updates from Bank Street’s leadership team
- Recognition in our Annual Report and on our website (with your permission)
- Special Bank Street-branded gifts
Your legacy will ensure that the next generation of educators and learners continues to thrive at Bank Street and beyond.
Simple Ways to Make a Lasting Gift
There are many ways to leave your legacy at Bank Street—some of which cost nothing during your lifetime:
- Bequests
Include Bank Street in your will or living trust by designating a specific amount, percentage, asset, or remainder of your estate. - Beneficiary Designations
Name Bank Street as a beneficiary of your IRA, 401(k), Donor Advised Fund (DAF), bank accounts, life insurance policy, or other financial accounts. This is often as easy as completing a form. - Gifts from Retirement Assets
If you’re age 70½ or older, you can make a tax-free qualified charitable distribution (QCD) of up to $108,000 annually from your IRA to Bank Street. - Other Types of Gifts
Legacy gifts can be made through cash, securities, real estate, closely-held stock, retirement funds, or life insurance. We’re here to help you and your advisors find the best option for your financial goals and philanthropic vision.
Already Made a Legacy Gift?
If you’ve already included Bank Street in your estate plans, please let us know by completing our Lucy Sprague Mitchell Society Enrollment Form. We would be honored to thank you personally and welcome you into the Society.
Questions?
We’d love to talk with you or your advisor about how you can leave a lasting legacy at Bank Street. For more information, please reach out to Tracy Snyder, Donor Engagement Officer, at tsnyder@bankstreet.edu or 212-961-3360.