If your life insurance policy has outlasted its original purpose, consider gifting it to support your favorite cause through the PACF.

Benefits of Gifts Of Life Insurance

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 the Parkersburg Area Community Foundation as the beneficiary of your policy.

You can also designate the Parkersburg Area Community Foundation as a partial, full, or contingent beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. Your estate may benefit from an estate tax charitable deduction.

Your deduction for the gift of life insurance will depend on whether the policy has increased in value above the premiums and whether the policy is paid up or there are remaining payments to be made.

Contact Us

If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.

Please let us know if you have already named us as a beneficiary of your life insurance policy so that we may thank you and recognize you for your gift.