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 UA Foundation, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. UA Foundation 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 UA Foundation to pay these premiums
  • You can make a substantial gift on the installment plan
  • UA Foundation receives a gift they can use now or hold for the future

More Information

Contact Us

Harry Need, CFRE
Senior Director of Philanthropic Services
hwneed@alaska.edu
907-786-4840
Tax ID: 23-7394620

 

ANCHORAGE OFFICE
University of Alaska Foundation
1815 Bragaw Street, Suite 206
Anchorage, AK 99508
907-786-1111
foundation@alaska.edu

FAIRBANKS OFFICE
University of Alaska Foundation
2025 Yukon Drive, Suite 208
PO Box 755080
Fairbanks, AK 99775
907-450-8030
foundation@alaska.edu

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