Consider naming the Prevent Cancer Foundation the beneficiary and owner of a life insurance policy. This transaction can increase the value of your gift far beyond your out-of-pocket expense. Immediately deduct—as a charitable contribution—the current value of an existing policy. If the policy is paid up, your deduction is the cash surrender value, or the cost to replace the policy, whichever is less. Future premium payments on a new or existing policy are also deductible.
For more information contact our Planned Giving department:
E-mail: info.development@preventcancer.org
Phone: (703) 519-2119