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Life Insurance
- Tax-deductible in the year
given
Life insurance can be given
in several ways:
- Brewton-Parker College can
be named as a beneficiary.
- A donor may give a paid
up policy or one that has cash value built up, which the
college may surrender for cash.
- A donor can purchase a policy
for Brewton-Parker College, and if the college is the
irrevocable owner and beneficiary, the premiums may be
tax deductible.
- A person may donate the
insurance policy on a spouse that no longer needs protection,
or on a child who is now financially independent.
Consult with your insurance
agent to change the ownership and beneficiary, determine
cash surrender value, and make sure that adequate coverage
remains after making the gift.
Brewton-Parker College #2014
Office of College Advancement
P.O. Box 197
Mt. Vernon, Georgia 30445
Please
feel free to contact us if you need assistance by calling
toll-free 1-800-342-1087, ext. 255 or e-mailing one of the
members from our office.
Doug Baird, Vice-President for College Advancement
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