Gifts of Insurance
A gift of your life insurance policy is an excellent way to support your favorite causes and charities through Akron Community Foundation.
If your life insurance policy is no longer needed or will no longer benefit your survivors, consider using it to establish or support your charitable fund at Akron Community Foundation, which will continue giving back in your name forever.
Make a gift of life insurance today
Did you know that you can give your life insurance policy to Akron Community Foundation today and receive a charitable income tax deduction? You can also make deductible contributions to Akron Community Foundation each year that we may use to pay the premiums. Your fund benefits from the proceeds of your policy.
Designate us as beneficiary of your policy
You can also designate Akron Community Foundation as the beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. The policy will be included in your taxable estate when you pass away, but your estate will benefit from an estate tax charitable deduction for the value of the gift to us.
Contact us for more information
If you have any questions about making a gift of insurance, please click here to send us an email with your questions or comments.