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SIOUX FALLS, SD, September 1, 2016 — Sammons^® Financial Group has donated $150,000 to the Great Plains Education Foundation Inc., a South Dakota-based Scholarship Granting Organization (SGO), which provides private school scholarships to students K-12 who meet income and grade requirements.

 

"It is a privilege for us to play a role in the education of the children who are recipients of these scholarships," said Rob TeKolste, CLU, LLIF, Sammons Financial Group's President of Shared Services. "These kids are our future, and these scholarships give many families the opportunity to choose the school that best fits their needs." 

 

Great Plains Education Foundation Inc. is officially registered with the Division of Insurance as an SGO. This allows them to solicit and accept educational contributions from insurance companies licensed to operate in South Dakota. The program provides tax credits to insurance companies who donate to an SGO, which then provides private school scholarships to students K-12. South Dakota is the 17th state to offer a tax credit scholarship program.

 

"We are so grateful for the generosity of Sammons Financial Group," said Robert Wehde, President of Sioux Falls Catholic Schools. "These scholarships give parents the freedom to select the school of their choice, which makes both students and parents more engaged in their education." Phyllis M. Heineman, a member of the South Dakota Senate, adds, "Thanks to Sammons Financial Group, there are 200 students from families across the State who are going to have significant help attending the school of their choice. This is a great beginning!"

 

 

About Sammons^® Financial Group, Inc.

The companies of Sammons^® Financial Group, Inc. help families and businesses protect their future to enjoy life’s moments today. A subsidiary of Sammons Enterprises, Inc., Sammons Financial Group is privately owned with member companies that are among the most enduring and stable in the financial services industry. Our companies include Midland National^® Life Insurance Company (including Sammons^® Corporate Markets); North American Company for Life and Health Insurance^®; and  Sammons Institutional Group^SM (including Midland Retirement Distributors^® and  Sammons Retirement Solutions^®). Together, we offer today’s most sought-after life insurance, annuity, and retirement planning products. Sammons Financial Group: With You for Every Moment^®.

 

^1. Variable products distributed by Sammons Financial Network^® LLC, member FINRA