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Beaver Estate Gifts
A VISIONARY LEADER
Changing Times Call for Changing Strategies
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1907 1913 1919 1926 1932 1938 1944 1950 1956 1962
SP5 RESOURCE MANAGEMENT eneral Sandy Beaver’s name is synonymous with the values, tradition, and leadership for which Riverside Military Academy has been known for almost 115 years. Among his many leadership qualities, General Beaver, who served as the Academy’s longest tenured president for more than 50 years, was known for his astute business acumen. He took great pride in his fiscal management of the school, touting such things as the same rate of tuition paid by every family, capital projects funded without debt, and turning away private donations. Many RMA alumni fondly remember his frequent lectures on fiscal responsibility. While he could not have known the evolution of technology and the fast-paced age of global citizenry of today’s world, Beaver was certainly a visionary and realized there would be a need for financial support to further RMA’s timeless mission and future.
GAs the remaining beneficiary of a charitable remainder trust set up by General Beaver in 1960, RMA received distributions totaling $995,895 in the spring of 2021, after the last member of the Beaver Family passed. Just as Beaver used his personal wealth to support RMA during his administration (as rumor has it), so too did he plan for his continued support of RMA when he would no longer be with us. His generous planned gift will help inspire leaders of character, excellence across all areas of the Academy, and RMA’s future.
“The inclusion of RMA in a donor’s estate plan comes as the greatest compliment to the Academy,” said President Staś Preczewski. “The estate gifts from both Sandy Beaver and his daughter Lucile will further the Beaver Family’s Legacy in perpetuity. The fact that their gifts were given unrestricted truly allows RMA to benefit in ways that best further our strategic vision and needs, and will be transformational.”
A TRUSTED ADVISOR
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lumni who knew both General Sandy Beaver and his daughter Lucile, say they were similar in intellect and business acumen. It comes then as no surprise, that Lucile too, included RMA in her estate plan. As a young girl, Lucile grew up on the campus of RMA and traveled with the family to the Hollywood campus in the winter where she attended classes with the cadets. Following her post-graduate education, she returned to RMA and served as librarian and the Academy’s hostess before launching a career with the United States Department of Transportation in Washington, D.C. Her love and appreciation for RMA and its mission as a college preparatory school for young men continued throughout her lifetime. She remained a trusted advisor and confidant to her father, and was a life member of the RMA Board of Trustees. Prior to her passing on December 15, 2020, Lucile E. Beaver made provisions in her will to include a $1,000,000 gift and residual from her estate to RMA.
AThe first distribution was received in the Fall of 2021 to establish the Lucile E. Beaver Endowment. According to Miss Beaver’s long-time attorney and estate executor, John H. Quinn, Jr., her generous bequeath was made to leverage further expansion of philanthropy at RMA.
The Legacy Society
Lucile E. Beaver † General Sandy Beaver † Carlos A. Cervantes, ’59 Conrad C. Conti, ’58 Charles H. Cook, ’74 Sabin J. Gianelloni III ’55 † Donald M. Gilner, ’55 Zakaria S. Haque, ’01 Richard M. Nichols Henry L. Roediger III ’65
If you have included RMA in your estate plan, please let us know so that we may recognize you. For more information, contact Ellen DeFoor at edefoor@riversidemilitary.com or 770-538-2924.
