Planned Giving

Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to Food Bank of the Rockies, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Food Bank of the Rockies may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to Food Bank of the Rockies to pay these premiums
  • You can make a substantial gift on the installment plan
  • Food Bank of the Rockies receives a gift they can use now or hold for the future

More Information

Contact Us

Melannie Grimme
Director of Annual and Planned Giving
720-715-7724
mgrimme@foodbankrockies.org

 

Food Bank of the Rockies
10700 E. 45th Ave.
Denver, CO 80239
Federal Tax ID Number: 84-0772672

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