Life insurance policies are an easy and often overlooked way to make a meaningful charitable gift. There are a number of ways to support Call To Action’s many programs with an insurance-related gift:

Beneficiary designation: It is relatively simple to make a change to the beneficiary/beneficiaries of your insurance policy without changing your will or other aspects of your estate plan. Just ask your insurance company for a form that will allow you to make Call To Action a beneficiary of your insurance policy.

Gift of a paid-up policy: Do you have a policy that has outlived its intended purpose? The ownership of such policies can be transferred to Call To Action; the organization would then surrender the policy for its cash value. You receive an immediate income tax deduction for the gift of the policy up to the cash basis, or what you paid for it.

Making Call To Action the owner and beneficiary: You can take out a policy and make Call To Action the owner and beneficiary of the policy. Premium payments can be made by you directly to the insurance company or by Call To Action, by way of your annual gift to the organization. Whichever way the premiums are paid, you can take an income tax deduction.

The information you’ll need to include about Call To Action is as follows:

Call To Action
2135 W. Roscoe St. Suite 1N
Chicago, IL 60618
Federal Tax ID # 36-3003308

If you have any questions or would like more information on ways to give to Call To Action, please contact Bob Heineman, Development Director, at 773-404-0004 x263, or heineman@cta-usa.org. We encourage you to consult with your legal and financial advisors when considering a planned gift. Read about other ways to give to Call To Action here.