How it Works:

• You transfer ownership of a paid-up life insurance policy to St. Elizabeth School.

• St. Elizabeth School elects to cash in the policy now or hold it.

Benefits:

• Make a gift using an asset that you and your family no longer need. 

• Receive an income tax deduction.

• In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.