Gifts of Life Insurance (A Gift of Buried Treasure)
How it works
You transfer ownership of a paid-up life insurance policy to Roman Catholic Diocese of Albany.
The Diocese elects to cash in the policy now or to keep the policy and receive the death benefit later.
Benefits
You receive gift credit and an immediate income tax deduction for the cash surrender value of the policy.
In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
You can have the satisfaction of making a significant gift now to the Diocese without adversely affecting your cash flow.
For more information
Email us, complete the personal illustration form, or call us at 518-453-6676 so that we can assist you through every step of the process.
Development and Stewardship Office Roman Catholic Diocese of Albany 40 North Main Avenue Albany, NY 12203
518-453-6676 | Fax:
E-mail: nicole.pezzulo@rcda.org
