Insurance & Retirement Funds
Gifts of Insurance and Retirement Funds
Many of our generous donors find that they are in a position to contribute from assets they no longer need but that can provide significant support for the outstanding care offered at Beth Israel Medical Center. Two examples are gifts of life insurance and retirement funds. Both are fully tax-deductible.
Life Insurance
Do you have a life insurance policy that has outlived its original purpose? By reassigning Beth Israel as a beneficiary, proceeds from the policy will support the medical center in the future while providing immediate tax benefits to you.
Retirement Plans
When no longer needed, an IRA or other retirement assets can be transferred to fund charitable reminder trusts. A trust will provide income to a beneficiary of your choice and, later, a gift to Beth Israel. This type of gift can offer an immediate tax deduction as well as deferred income at retirement. We are here to answer any questions you have. Please call our Development Office at 212-636-8400 or you can email us at development@chpnet.org. Any information you provide will be held in strict confidence.
Beth Israel Medical Center is a member of Continuum Health Partners. Reach us by mail at:
Continuum Health Partners, Inc.
Development Department
555 W. 57th Street, 18th Floor
New York, NY 10019
Thank you for considering Beth Israel in your estate plans!