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Gifts of Life Insurance

A gift of life insurance can be used for the benefit of the Foundation. The Foundation can be named as the first, second, last or co-beneficiary for part or all of an existing but no longer needed policy or a newly purchased policy. The Foundation can be named both as an irrevocable owner and beneficiary of an existing paid-up life insurance policy as well as a policy on which the donor is still paying premiums.  

Advantages:

  • You receive a tax deduction on your federal income taxes
  •  A gift can be made without impairing or diluting the control of a family business. Assets   earmarked for family members can be kept intact

 

A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION FOR TAMPA GENERAL HOSPITAL FOUNDATION, A FLORIDA-BASED NONPROFIT CORPORATION (REGISTRATION NO.CH407), MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL FREE 1-800 HELP-FLA (435-7352) WITHIN THE STATE OR VISIT THE FLORIDA CONSUMER HELP WEBSITE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE.