Planned Giving

Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to USF, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. USF 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 USF to pay these premiums
  • You can make a substantial gift on the installment plan
  • USF receives a gift they can use now or hold for the future

More Information

Contact Us

Lisa Sampalis
Vice President for University Advancement
University of St. Francis
815-740-5065
LSampalis@stfrancis.edu

 

500 Wilcox Street
Joliet, Illinois 60435

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