Powerful and Simple Way to Support Our Work
When the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse—your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to Lehigh University:
Name us a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.
Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.
Make an outright gift of a new policy. You can take out a new policy and irrevocably name Lehigh University as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize on your taxes.
See How It Works
May 4, 2021—Family and Philanthropy: Growing a Lasting Legacy Presentation—An Introduction
Partnering with nationally-known family governance leader, Tom Rogerson, we shared tools for family communication, philanthropic vision, legacy planning, succession, and education. This was the first in a series of presentations as part of the Lehigh Family Philanthropy initiative.View Presentation
June 2021—Family and Philanthropy: Summer Family Fun Work—Activities to strengthen family relationships and communications
As a follow up to the May 4 Family and Philanthropy presentation, we are offering “Summer Family Fun Work” activities Tom Rogerson uses with his private clients to strengthen family relationships and communications—which are the foundation to building trust and successfully managing wealth.
If you would like to learn more, please complete the short form. We would be delighted to share the information with you. You will receive a packet by email that includes several activities for you to review and share among your family. Enjoy the activities in any season!
Fill out a brief form to learn more about this simple gift by downloading your FREE copy of our informative guide Change Lives With Life Insurance.Download and View Your Guide
Gifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options. Fill out a brief form to download your FREE copy of the guide Plan for Retirement With a Deferred Gift Annuity.Download and View Your Guide
Personal Estate Planning Kit
Not Sure How to Begin Planning? Fill out a brief form to download your FREE copy of the guide.Download and View Your Guide
- Contact the Office of Planned Giving at (610) 758-4749 or firstname.lastname@example.org for additional information on life insurance.
- Seek the advice of your financial or legal advisor.
- If you include Lehigh University in your plans, please use our legal name and federal tax ID.
Legal Name: Lehigh University
Address: 27 Memorial Drive West, Bethlehem, PA 18015-3086
Federal Tax ID Number: 24-0795445
Have a question or comment? Please let us know