Life Insurance (Lifetime Gifts)

SUMMARY
Donating a life insurance policy is an easy and extraordinary gift that offers the potential for tax advantages. 

How It Works​

  • You can provide now for a future gift to the Foundation by naming us as the owner and beneficiary of a life insurance policy, including a term or unpaid life insurance policy.
  • You will make annual gifts to the Foundation in the amount of the premium payments.
  • When the policy matures, the proceeds are paid to the Foundation, and you leave an outstanding charitable legacy.

Benefits

  • Gifts of life insurance can reduce estate taxes.
  • Gifts of life insurance permit you to leave other assets to heirs and still make a transformative gift to the Foundation.
  • A gift of life insurance is easy and cost-effective to give and receive.