Planned Giving

Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to MSU Foundation, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. MSU Foundation may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to MSU Foundation to pay these premiums
  • You can make a substantial gift on the installment plan
  • MSU Foundation receives a gift they can use now or hold for the future

More Information

Contact Us

Rhonda McClung
Assistant Vice President for Gift Planning and Development
(940) 397-4728
rhonda.mcclung@msutexas.edu

 

3410 Taft Blvd.
Hardin 110
Wichita Falls, TX 76308

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