Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to CNEWA, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. CNEWA may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to CNEWA to pay these premiums
  • You can make a substantial gift on the installment plan
  • CNEWA receives a gift they can use now or hold for the future

 

Federal Tax ID Number: 13-1623929


Contact Us

Brian McGinley
Director of Development
Office: (646) 791-0291
bmcginley@cnewa.org

Catholic Near East Welfare Association
220 East 42nd Street
New York, NY 10017

Back

Copy link
Powered by Social Snap