Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to the Jewish Community Foundation, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. The Jewish Community Foundation may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to the Jewish Community Foundation to pay these premiums
  • You can make a substantial gift on the installment plan
  • The Jewish Community Foundation receives a gift they can use now or hold for the future

More Information

Contact Us

Planned Giving and Endowments
Foundation@jewishphilly.org
215.832.0500
Federal Tax ID #23-1500085

 

Jewish Community Foundation of Greater Philadelphia
Two Commerce Square
2001 Market Street, Suite 2300
Philadelphia, PA 19103

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer