Gift Types

Gifts of Life Insurance

Life insurance offers an attractive method for making charitable gifts to benefit The Citadel. For example, you may give a policy that is fully or partially paid up and take an income tax deduction for the value of the policy, (which generally approximates the cash surrender value). Or, you may purchase a new policy that names The Citadel Foundation as owner and beneficiary. A donor may also name The Citadel Foundation as a beneficiary of an existing life insurance policy, retaining ownership during life, but payable at death for support of The Citadel.

Common Gift Types

If you’d like to understand the policies and processes, the web pages linked below are a good place to start. If you have further questions, please contact The Citadel Foundation Development Office at (800) 233-1842.

Cash Gifts
Credit Card Gifts
Electronic Funds Transfer
Matching Gifts
Life Income Gifts
Charitable Remainder Trust
Charitable Gift Annuity
Charitable Lead Trust
Retirement Plans
Life Insurance GIfts
Real Estate