Many of these methods can provide immediate tax benefits and a guaranteed annual income to you or those you name. After the lifetime of the named beneficiary, the Foundation will then have ultimate use of the gift and carry out the provisions set forth by the donor. A gift of an old or new policy can provide an immediate tax deduction, as well as allow the donor to make a significant gift with little expenditure. To qualify, the Foundation becomes the owner and beneficiary of the policy. Premiums are paid to the Foundation by the donor thus resulting in a charitable contribution.
Many corporations match employee gifts up to three times the original amount given.
By providing the Foundation with the proper return forms, your gift can be greatly maximized by taking advantage of corporate matching gift monies.