Gifts of Life Insurance

Gift of Life Insurance Diagram

How It Works

  • You transfer ownership of a paid-up life insurance policy to Nourishing Hope.
  • Nourishing Hope elects to cash in the policy now or hold it.
  • Consider naming Nourishing Hope in your long-term plans. It's simple.

Benefits

  • Make a gift using an asset that you and your family no longer need.
  • Receive an income tax deduction equal to the cash surrender value of the policy.
  • You may be able to use the cash value of your policy to fund a gift that delivers income, such as a deferred gift annuity.

Next


Nourishing Hope Exists Because of the Support of Our Neighbors.

Providing the equivalent of 4.5 million meals each year, plus thousands of mental wellness and social services that empower healthy lives, Nourishing Hope strives to create a city where all people have the resources needed for a dignified life. Join us today!

Donate Volunteer