3 Ways to Give Life Insurance
Powerful and Simple Way to Support Our Work
Learn more about this simple gift by downloading your FREE copy of our informative guide Life Insurance: Expand Your Charitable Reach.View My Guide
When the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse—your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to Mary Bird Perkins Cancer Foundation:
Name us a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.
Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.
Make an outright gift of a new policy. You can take out a new policy and irrevocably name the Foundation as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize.
See How It Works
An unrestricted gift to support comprehensive programs and services across the entire continuum of cancer care allowing the Cancer Center team to designate where it's needed most at the time.
A restricted gift to support a specific philanthropic pillar, program and/or a specific diagnosis within our focus areas of prevention, research, innovation, education, patient care patient support and survivorship.
A minimum gift of $100,000 establishes a Named Endowed Fund. You can create the fund in your name or in the name of someone you wish to honor or remember. The Fund can be designated for comprehensive support or priority support based on what is most meaningful to you. For further information on this key form of giving, please contact the Development Office.
Matching funds can be a powerful tool in helping the Cancer Center leverage your gift. This fund can be used to match donations to establish endowed funds, securing innovative, comprehensive care for patients today and in the future.
- Contact Carter Rose Stone at (225) 215-1298 or firstname.lastname@example.org for additional information on life insurance.
- Seek the advice of your financial or legal advisor.
- If you include the Foundation in your plans, please use our legal name and federal tax ID.
Legal Name: Mary Bird Perkins Cancer Foundation
Address: 4950 Essen Lane, Baton Rouge, LA 70809
Federal Tax ID Number: 20-2046461