Planned Giving

Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram. Description of image is listed below.

How It Works

  1. You make a gift to Stevens
  2. You give the tax savings from the charitable deduction to your children
  3. Your children purchase an insurance policy on your life with the tax savings
  4. Your children will receive the proceeds upon your death

Benefits

  • You can make a significant gift to Stevens without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

Contact Us

Michael Governor
Senior Director of Planned Giving
Email: michael.governor@stevens.edu
Office: 201-216-8967
Mobile: 201-388-8802

Stevens Institute of Technology
1 Castle Point Terrace
Hoboken, NJ 07030

Federal Tax ID number: 22-1487354

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See the Impact

Whatever the reason, and no matter the amount, every gift has a story and an impact.