Planned Giving at Kentucky Baptist Foundation
Charitable Gift Planning

Charitable Gift Planning

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Gifts of Life Insurance - New Policy

Gift of Life Insurance Diagram

How It Works

  • You can provide now for a future gift through Kentucky Baptist Foundation by naming us owner and beneficiary of a life insurance policy.
  • You make annual gifts to Kentucky Baptist Foundation in the amount of the premium payments.
  • When the policy matures the proceeds are paid to Kentucky Baptist Foundation, and we add them to the endowment fund you have established with us.

Benefits

  • You can make a significant gift from income instead of capital.
  • Your gifts offsetting the premium payments are fully deductible.
  • You build the future financial strength of the cause(s) named as beneficiary(s) of the endowment fund.

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Kentucky Baptist Foundation
P.O. Box 436389
Louisville KY 40253-6389
502-489-3533 | Fax: 502-489-3564



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