Powerful and Simple Way to Support Our Work

Outright Gift of Life Insurance

Your life insurance policy can be a powerful and simple way to support our work. There are three ways to give life insurance to Rose Community Foundation:

  1. Name us a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.
  2. Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.
  3. Make an outright gift of a new policy. You can take out a new policy and irrevocably name Rose Community Foundation as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize.

How You Can Benefit From Giving Life Insurance

Learn more about this simple gift by downloading your free copy of our informative guide Change Lives With Life Insurance.

View My Guide

Delay Your Payments

If you are younger than 60 or don't need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date—such as when you reach retirement. To learn more, view and download the free guide Plan for Retirement With a Deferred Gift Annuity.

An Example of How It Works

See How It Works

See How It Works

Next Steps

  1. Contact Judy Altenberg at 303.398.7407 or jaltenberg@rcfdenver.org for additional information on life insurance.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Rose Community Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Rose Community Foundation
Address: 600 S. Cherry Street, Suite 1200, Denver, CO 80246-1712
Federal Tax ID Number: #84-0518447