Life Insurance Gifts

Life Insurance Gifts | The Alexander Foundation

Create future impact with a life insurance gift

Life insurance can be a powerful, affordable way to create future impact for The Alexander Foundation. Your gift helps families today and fuels our efforts to educate the public about the mistreatment of people with disabilities, promoting dignity, inclusion, and respect.

Ways to give life insurance

Designate The Alexander Foundation as beneficiary.
Name us for a percentage or specific amount. This option is flexible and revocable.
Make The Alexander Foundation owner and beneficiary.
Assign an existing policy you no longer need; you may receive a current tax deduction.
Start a new policy for charity.
In some cases, donors fund a new policy with The Alexander Foundation as owner and beneficiary (subject to review).

How to proceed

  1. Request a beneficiary designation or ownership assignment form from your insurer.
  2. Use our details: The Alexander Foundation · EIN 03-0534249 · PO Box 584, Grand Blanc, MI 48439.
  3. Email us so we can confirm the designation and honor your preferences (recognition or anonymity).

Frequently asked questions

Is my gift revocable?

Beneficiary designations are revocable. Transferring ownership is generally irrevocable. Your advisor can explain the implications.

What about term vs. permanent policies?

Both can name The Alexander Foundation as beneficiary. Ownership transfers typically involve permanent policies with current value.

Can my estate receive a deduction?

Estate tax rules vary. Your legal and tax advisors can outline potential benefits.

Contact

Email: donations@thealexanderfd.org

Mail: The Alexander Foundation, PO Box 584, Grand Blanc, MI 48439

Legal name: The Alexander Foundation · EIN (Tax ID): 03-0534249

The Alexander Foundation is being maintained and controlled by the relatives of Alex Schon. None of the volunteers or family members are paid by the foundation. This means that all of the donations, except for a very minimal amount for supplies and tax work, are going directly to the foundation.