Life Insurance Gifts
Do you own a life insurance policy that is no longer needed? It would be a perfect gift for Baptist Children's Homes of North Carolina.
Benefits of gifts of life insurance
Receive a charitable income tax deduction
If Baptist Children's Homes retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums
If Baptist Children's Homes cashes in the policy, you will be able to see firsthand how your gift supports our charitable work
If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further our mission
How to make a gift of life insurance
To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Baptist Children's Homes of North Carolina as the beneficiary of your policy.
To learn more, call Brenda Gray at 336-689-4442