Life Insurance Policy

How It Works

1. You assign all the rights in your insurance policy to Gilman, designate us as irrevocable beneficiary, and then receive an income-tax deduction
2. Gilman 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 Gilman to pay these premiums
• You can make a substantial gift on the installment plan
• Gilman receives a gift they can use now or hold for the future

More Information

Contact Us

Heather Harlan Warnack Director of Development hwarnack@gilman.edu Mary Ellen Porter Associate Director of Development & Director of Planned Giving meporter@gilman.edu

Gilman School 5407 Roland Avenue Development Office Baltimore, MD 21210 410-323-7178 Federal Tax ID Number: 52-0591604