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LIFE INSURANCE GIFTS

A life insurance policy allows you to make a meaningful philanthropic gift while preserving other assets for yourself and your family.

designating CPT12 as a beneficiary

You can name Colorado Public Television as primary beneficiary of your life insurance policy or as contingent beneficiary should your other beneficiaries not survive you. After your lifetime, the benefits from your policy pass to us free of federal estate tax.

Benefits:

  • Easy to Give – Involves little effort or paperwork
  • Financial Advantage – Continued ownership of your policy
  • Freedom and Flexibility – You can change your mind and your beneficiaries at any time
  • Future Tax Savings – Removes the asset from your potential gross taxable estate
  • Leave a Legacy – Your gift will help enrich and strengthen the culture of Colorado
  • Changing your beneficiaries is easy – Simply contact your insurance carrier and request a beneficiary form

making an outright gift of a paid-up insurance policy

You can donate your paid-up life insurance policy to CPT12. If the policy has a cash value, we would have the option of either holding the policy until the maturity date or surrendering the policy in order to receive the policy’s current cash value.

Benefits:

  • Income Tax Savings – Claim an income tax deduction
  • Future Tax Savings – Removes the asset from your potential gross taxable estate
  • Leave a Legacy – Your gift will help enrich and strengthen the culture of Colorado

how to arrange a gift of life insurance

To make a gift of insurance, simply contact your life insurance company and request a Change of Beneficiary/Ownership Form. Designate us as the new owner and beneficiary of your policy.

legal details for your attorney

CPT12 legal name and address: Colorado Public Television, Inc., is a 501(c) 3 tax-exempt charitable organization, located at 2900 Welton Street, Suite 100, Denver, CO 80205.

CPT12 Federal Tax ID: 84-072-3918

please let us know

By informing CPT12 of your plans, you help us prepare for the future and, equally important, you give us the chance to thank you for your generous gift!

With gifts of this kind, you will automatically become a member of CPT12’s 12 Trust. Please contact our Development Department online, or call Shari Bernson at 303.991.5045 or Joshua Hassel at 303.991.5058 to let us know that you are a new member!

If you wish your gift to remain anonymous, we pledge not to publish or disclose your identity. Everything will be held in strictest confidence, but you will still enjoy the benefits of your membership.