Gift of Insurance

A gift of life insurance to the Texas A&M Foundation can fund an endowment that will provide support to the area of Texas A&M you choose in perpetuity.

How do I make a life insurance gift?

There are three types of life insurance gifts:

Transfer ownership of an existing policy and designate the Texas A&M Foundation as the beneficiary. You generally will receive a charitable income tax deduction equal to the lesser of the policy?s value or your cost basis in the policy (usually the total amount of premiums paid). Plus you will reduce your taxable estate.

Purchase a new policy with the Foundation as the owner and beneficiary. You will receive a charitable income tax deduction for the gift, as well as for additional contributions to cover the annual premium payments.

Retain ownership and change the beneficiary designation to the Texas A&M Foundation. Partial beneficiary designations, such as a specific percentage, offer another option.

If you would like to use the leverage of life insurance to provide a future endowment for Texas A&M, contact us and we will assist you and your insurance agent in the process.

After-Lifetime Gifts

Bequest

You designate our organization as the beneficiary of your asset by will, trust or beneficiary designation form.  Learn More

Retirement Account Beneficiary Gift

Making the Texas A&M Foundation beneficiary of your retirement account can be a powerful planning tool and a great gift. Learn More

Give it Twice Trust

You provide your children with a stream of income while making a gift to charity. Learn More

Blended Gifts

There are many combination gift options that can make your giving go farther than a simple gift of cash or property.  Learn More

Gift of Insurance

A gift of your life insurance policy is an excellent way to make a gift to us. If your life insurance policy is no longer needed or will no longer benefit your survivors consider making a gift and help further our mission. Learn More

Dual-Benefit Gifts

Charitable Gift Annuity

You transfer your cash or appreciated property to our organization in exchange for our promise to pay you fixed payments for the rest of your life. Learn More

Charitable Remainder Unitrust

You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with payments for life or a term of years.  Learn More

Life Estate Reserved

You may desire to leave your home or farm to us at your death, but would like to receive a current charitable tax deduction. A life estate reserved might offer the solution you need! Learn More

Charitable Remainder Annuity Trust

You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with fixed payments for life or a term of years. Learn More

Charitable Lead Trust

You transfer your cash or property to fund a lead trust that makes gifts to support A&M for a number of years. You receive a charitable deduction for the gift. Your family receives the remainder at substantial tax savings. Learn More

Sale and Unitrust

If you give a portion of your property to us to fund a charitable remainder trust, when the entire property sells you receive cash and payments for life. Learn More