There are many different ways to establish a planned gift with Mississippi University for Women and join the Reneau Society, our deferred gift giving club. Some of these gifts include a bequest in your will to the MUW Foundation, establishing a charitable remainder trust, or even a gift of life insurance.
Most people have life insurance but have never considered using it to fund a deferred gift.
A life insurance policy is a simple and relatively inexpensive way to make a substantial gift to the Mississippi University for Women Foundation, possibly helping you donate more than you could otherwise afford. You can make the MUW Foundation the owner and beneficiary of a new policy, donate a fully paid policy you currently own, or make the MUW Foundation a partial beneficiary of an existing policy. The first two options allow for a partial charitable tax deduction. Naming the Foundation as a beneficiary rather than both owner and beneficiary does not allow for a charitable tax deduction since you retain the right to change the beneficiaries. The following example is a recent gift to the MUW Foundation and shows what can be accomplished with a gift of life insurance.