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Gifts of Insurance

A gift of your life insurance policy is an excellent way to make a gift to Boys & Girls Clubs of America. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Boys & Girls Clubs of America. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Benefits of gifts of life insurance

  • Receive a charitable income tax deduction
  • If Boys & Girls Clubs of America retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums
  • If Boys & Girls Clubs of America cashes in the policy, you will be able to see firsthand how your gift supports our charitable work
  • If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further our charitable work

How to make a gift of life insurance

  • To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Boys & Girls Clubs of America as the beneficiary of your policy.

Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.

How can I learn more?

Free Estate Planning Guide

Contact Us

Questions? We’re here to help.

Thank you for reaching out. Please complete the form below and our team will respond to your inquiry as soon as possible.

Prefer to contact us directly? Please contact Alyssa Carillo, Director of Philanthropy, at 404-587-5459 or acarillo@bgca.org.

This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice.

For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.

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