Back to Main Website
Planned Giving
Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video

Gifts of Insurance

A gift of your life insurance policy is an excellent way to make a gift to The Ohio University Foundation. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to OHIO. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Gift of Insurance
Insurance
OU
Charity image

Benefits of gifts of life insurance

  • Receive a charitable income tax deduction
  • If The Ohio University Foundation retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums
  • If The Ohio University Foundation cashes in the policy, you will be able to see firsthand how your gift supports our campus community
  • 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 The Ohio University Foundation so that we can use the proceeds to further our mission

How to make a gift of life insurance

  1. Request a beneficiary designation form provided by your life insurance agent.
  2. Complete the form by naming The Ohio University Foundation, Tax ID number 31-6402269 as a beneficiary, sign and mail the form back to your insurance agent.
  3. Make our office aware of your intentions by providing a copy of the beneficiary designation form, and completing any gift designation paperwork necessary.
  4. If you are interested to make The Ohio University Foundation the owner and beneficiary of your life insurance policy, please contact us for more information.

Contact us

If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.

Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.

Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video
scriptsknown

Kelli Kotowski

Executive Director of Gift Planning
University Advancement

McGuffey Hall
1 Ohio University
Athens, OH 45701

Kotowskk@ohio.edu
740.597.1819 office
740.707.3100 cell
800.592.3863 toll free
740.593.1432 fax

Caty Allgood

Director of Gift Planning
University Advancement

McGuffey Hall
1 Ohio University
Athens, OH 45701

allgood@ohio.edu
740.593.9968 office
440.258.6564 cell
800.592.3863 toll free
740.593.1432 fax