The Foundation
The Chinook Regional Hospital Foundation
By transferring the ownership of a new or existing life insurance policy to the CRH Foundation, you can leverage a significant gift from a relatively small contribution. If you are considering this type of donation, please consult and investment professional.
Insurance is not subject to probate and therefore flows outside of your estate and is not subject to challenge. As with any gift to the Foundation, you can choose which area of the Hospital you would like to benefit.
By naming the charity as owner and beneficiary of the policy, premiums paid by the donor fully qualify for charitable tax receipts. This greatly reduces the after tax cost of making an insurance gift, and reduces the total cost of the gift to a fraction of the value of the eventual gift.
To learn more about this type of donation please contact us.
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