Gifts of Life Insurance
Many charitably-inclined individuals have life insurance policies that they purchased for purposes that no longer exist. (For example, parents may have purchased a policy years ago to fund college educations for their children in the event of their premature death. Once those children are grown and have successful lives of their own, the original intent is less pertinent.) Naming a not-for-profit like Eastman Commons as the beneficiary of a life insurance policy can be an advantageous way for a donor to support the continuing good work of Eastman Commons. Alternatively, a donor can name Eastman Commons as the owner of a policy and then make tax-deductible gifts to Eastman Commons to cover premium payments.
If you are interested in making a gift of life insurance policies benefitting both you and Eastman Commons, please contact our Fundraising Representatives at (585) 671-4069 or advise us by using the Contact Us feature of this website.
Your payment and personal contact information will be kept strictly CONFIDENTIAL and will NOT be shared with any other party or mailing list.
Your donation is tax-deductible because Eastman Commons is recognized by the IRS as a non-profit charitable organization under Sec. 501(c)(3). Contributions can be accepted for unlimited amounts and contributions may be personal or corporate. Information on Eastman Common’s IRS Form 990 is available for review. All contributions will be graciously received, deeply appreciated and timely acknowledged for your tax reporting purposes.
If you have any questions about giving to Eastman Commons, please contact our Fundraising Representatives at (585) 671–4069 or by using the CONTACT US feature of this website.
