A gift of your life insurance policy is an excellent way to make a gift to Early Connections. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Early Connections. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.
Benefits Of Gift
- Receive a charitable income tax deduction.
- If Early Connections retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums.
- If Early Connections 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
To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Early Connections as the beneficiary of your policy.
Questions? Contact Rebekah Gans at firstname.lastname@example.org or (719) 381-4803.
When planning your gift, please be sure to use our legal name and address:
Colorado Springs Child Nursery Centers, Inc. (EIN 84-0632406)
104 E. Rio Grande Street
Colorado Springs, CO 80903
These are simply an overview of your options, and are not intended to constitute tax, accounting or legal advice. Donors should consult professional advisors regarding a planned gift.