Gifts of Insurance
A gift of your life insurance policy is an excellent way to make a gift to CRU Foundation. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to CRU Foundation. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.
If your life insurance policy is no longer needed or will no longer benefit your survivors consider making a gift and help further our mission.
Make a Gift of Life Insurance Today
Did you know that you can give your life insurance policy to CRU Foundation today and receive a charitable income tax deduction? You can then make deductible contributions to CRU Foundation each year which we may use to pay the premiums. We benefit from the proceeds of your policy.
Designate Us as Beneficiary of Your Policy
You can also designate CRU Foundation as the beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. The policy will be included in your taxable estate when you pass away, but your estate will benefit from an estate tax charitable deduction for the value of the gift to us.
Contact Us for More Information
If you have any questions about making your gift of life insurance, please click here to send us an email with your questions or comments.