A simple way to provide a future gift is to name PATH as a first, second, or contingent beneficiary of a life insurance policy. Your estate will receive a tax deduction for insurance proceeds that pass to PATH on your death. You also may name PATH as both owner and beneficiary of a life insurance policy. This irrevocable gift would entitle you to a tax deduction in the year you make your gift. If your policy is not yet fully paid, you may make tax-deductible contributions to PATH to cover future premium payments. Such a gift can be a cost-effective way to make a significant contribution to PATH.
We encourage you to talk with your legal and tax advisors about whether this is a good option for you. If you’re considering a gift restricted to a particular health need or region, please consult with PATH as well, so that we can make sure your wishes are honored.
If you have already established a future gift to PATH, please let us know so that we can thank you—or use this confidential reply form to tell us about your gift.
To learn more about how you can make a lasting contribution to improving global health, please contact Anne Knapp, senior philanthropic advisor, at email@example.com or 206.302.6073.