Ways of Giving

Life Insurance

“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people.”

Chinese proverb

Life insurance can be another means to make a charitable contribution to IIE. Some of the most satisfying uses for life insurance policies are connected with charitable giving.

You may own an insurance policy that has a substantial cash surrender value, yet the original purpose for the protection no longer applies. The policy might have been purchased initially to provide financial security for a spouse now deceased, to educate children now grown, or for liquidity to pay death taxes when liquid assets were in short supply. This policy can be a sort of hidden asset, available to be used for your philanthropic purposes.

If you have a life insurance policy you no longer need, you might consider contributing it to IIE. Please consult with your trusted financial representative or tax advisor to learn more about gifting life insurance to IIE.

    Jonah Kokodyniak
    Deputy Vice President, Strategic Development
    Institute of International Education
    809 United Nations Plaza
    New York, NY 10017 USA
    Fax: +1 212.984.5401
    E-mail: development@iie.org