A relatively small investment on your part can translate into a significant gift to YESS.
You can transfer ownership of an existing life insurance policy to YESS and you’ll receive a charitable tax receipt for the value of the policy.
There are several options available.
- You can purchase a policy making YESS the owner and beneficiary, and you’ll receive a charitable tax receipt for the annual premiums paid on the policy. On your passing, proceeds will come directly to YESS.
- You can retain ownership of your policy and name YESS as the beneficiary. On your passing, proceeds will come directly to YESS. A charitable tax receipt will be issued for the insurance proceeds received which may be used to reduce taxes in the year of death, or the prior year.
For other ideas please contact our Donor Relations & Philanthropy team: