Ways to Give

Life Insurance Gifts

Life insurance gifts empower you to make a generous financial contribution to the Cutaneous Lymphoma Foundation particularly when you may not have many assets. Your gift will help ensure that the Cutaneous Lymphoma Foundation can help people affected by cutaneous lymphoma for years and years to come.

There are many ways that you can structure a gift of life insurance to the Cutaneous Lymphoma Foundation:

  1. You can make the Cutaneous Lymphoma Foundation the owner and beneficiary of an already existing paid-up life insurance policy.  By doing so, you may be able to deduct an amount equal to the approximate cash value in the year that you make the gift.  Since the Foundation becomes the owner of the policy, the proceeds will not be included in your estate for tax purposes.
  2. You can make the Cutaneous Lymphoma Foundation a beneficiary of an already existing life insurance policy.  Upon your passing, the full face value amount of the policy will go to the Foundation.  Although the proceeds from the policy will be included in your gross estate, the full amount received by the Foundation may be deductible as a charitable deduction.  To make the Foundation a beneficiary of an already existing life insurance policy, you can simply request a beneficiary designation form from your employer or insurance company.
  3. You can make the Cutaneous Lymphoma Foundation the owner and beneficiary of a policy on which you are still paying premiums.  As with donating an already existing paid-up policy, you may be able to deduct an amount equal to the approximate cash value of the policy in the year that it is made.  You may also be able to deduct any future premium payments, and the proceeds will not be included in your estate for tax purposes.
  4. You can purchase a new policy and make the Cutaneous Lymphoma Foundation the owner and beneficiary.  Because the Foundation is the owner, you may be able to deduct premiums as charitable contributions for as long as the premiums are paid, subject to state limitations.   In addition, the proceeds will not be included in your estate for tax purposes.
  5. You can donate your excess group-term coverage to the Cutaneous Lymphoma Foundation (if you participate in a group-term life insurance policy through your workplace).  Excess coverage is an excellent way to make a valuable gift to the Cutaneous Lymphoma Foundation that not only doesn't cost you anything in premiums, but, in fact, saves you money. To make this gift, simply inform your company's benefits department.

Contact Us For More Information

For more information on giving a gift of life insurance to the Cutaneous Lymphoma Foundation, please contact Jennifer A. Viano, Chief Executive Officer, at 248.644.9014, Extension 4, or jennifer@clfoundation.org.

Make a Donation

Give Online

Give by phone - call us at 248.644.9014

Give by mail - Print a donation form and mail to us at
Cutaneous Lymphoma Foundation
PO Box 374
Birmingham, MI 48012