Provide now for a future gift.
You can name The Longbranch Foundation as the primary beneficiary of your life insurance policy or a contingent beneficiary should your beneficiaries not survive you. You can also donate your paid-up whole life insurance policy.
HOW IT WORKS
- You name The Longbranch Foundation as a beneficiary or contingent beneficiary of a policy insuring your life.
- At the time of your death, benefits pass to The Longbranch Foundation free of federal estate tax – and we apply the benefits to the program(s) you designate.
- If you want to deduct your premium payments, it is important to name The Longbranch Foundation as the irrevocable owner of the policy, and not just the beneficiary.
- You need to identify The Longbranch Foundation as a non-profit, tax-exempt charitable organization (contact us for our tax ID number) under Section 501 (c) 3 of the Internal Revenue Code to your Insurance Company.
- The Longbranch Foundation receives the gift and applies it to the purpose(s) you specified. You may specify to what activity you would like your gift applied by filling out the Donation Form and mailing the form to us, or by contacting us directly.
The Longbranch Foundation is a non-profit, tax exempt 501(c)(3) charitable organization associated with The Longbranch Improvement Club. Your donation is tax deductible to the extent allowed by law.