A life insurance policy becomes a contribution when the donor turns the policy over to the District of Columbia School of Law Foundation as its owner and beneficiary. The donor can receive a number of tax benefits by making this designation. Premium payments made on the policy can be considered charitable gifts. The cash value of the policy can be considered an immediate tax deduction for the donor, and the policy’s value can be removed from a donor’s taxable estate.*
District of Columbia School of Law Foundation Tax ID: 52-1863674
For more information about making a gift to the Foundation, contact Jaye Lopez Van Soest, CFRE at 202-274-5401 or email@example.com
* The information in this document does not constitute legal or financial advice. We encourage you to discuss these options with your advisors before deciding on the best choice for you.