top of page

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

3 views0 comments
bottom of page