Legacy Giving
Life Insurance Policy
How It Works
- You assign all the rights in your insurance policy to CNEWA, designate us as irrevocable beneficiary, and then receive an income-tax deduction
- 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
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Which Gift Is Right for You?
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
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