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About Bequests
Gift Planning

About Bequests

You may be looking for a way to make a significant gift to help further our mission. A bequest is a gift made through your will or trust. It is one of the most popular and flexible ways that you can support our cause.

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Donor Advised Funds

Donor Advised Funds

With a donor advised fund, you can make gifts to charity during your lifetime, and when you pass away, your children can carry on your legacy of giving.

More About Donor Advised Funds
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Gifts of Insurance

A gift of your paid life insurance policy is another excellent way to make a gift to the American Brain Foundation. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to the American Brain Foundation. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Flowchart: Donor makes a gift of an insurance policy to ABF. ABF either keeps the policy until maturity or cashes in the policy for its cash value.

Benefits of gifts of life insurance

  • Receive a charitable income tax deduction
  • Receive additional income tax deductions each year that you make additional contributions so that the American Brain Foundation can pay the annual insurance premiums
  • At death, the proceeds of your policy will be paid to our organization and we will use the insurance proceeds to continue our quest for cures.

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 the American Brain Foundation as the beneficiary of your policy.

Contact us

If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.

Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.

Additional Information

You can also designate East Stroudsburg University Foundation as a partial, full or contingent beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. Your estate may benefit from an estate tax charitable deduction.

Your deduction for the gift of life insurance will depend on the whether the policy has increased in value above the premiums and whether the policy is paid up or there are remaining payments to be made.

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