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Charitable gift of a life insurance policy

You can donate a paid up policy, or even a policy on which you are still paying premiums, to a charity like St. Jude.

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Sequin wall mural on the St. Jude campus in Memphis, Tennessee

St. Jude campus in Memphis, Tennessee

 
 

Can a life insurance beneficiary be a charity?

You can name a charity such as St. Jude as a beneficiary to your life insurance policy. You can also name more than one beneficiary and divide the amount among multiple individuals or charities. Learn more about legacy giving at St. Jude.

Can I donate my life insurance policy to charity?

If you have a life insurance policy that you no longer need because of a change in your life circumstances, you can give a paid-up policy to St. Jude Children's Research Hospital, or even a policy on which you are still paying premiums.

St. Jude patient Lucas

St. Jude patient Lucas

 
Celebrations at St. Jude

St. Jude patient Lily celebrates at her No More Chemo party after completing chemotherapy. 

 

Have you left St. Jude in your estate plans?

We want to honor your generosity in a special way. Please let us know so that we can show our gratitude and better plan for the future..

 
 

Explore planned giving options

 
 
 

How do I donate a life insurance policy?

 

There are two simple ways to set up a gift of life insurance:

  • You can irrevocably designate St. Jude as the owner and beneficiary of your life insurance policy. By doing so, you may be entitled to a generous charitable income tax deduction.
  • You can name St. Jude as irrevocable beneficiary, but retain ownership of the policy itself. Call or write to your insurance company to request a form to make this change of beneficiary.
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Please see your legal and/or tax advisor for more information and to determine if a charitable gift of life insurance is right for you.

 
 
 
 

Why St. Jude?

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Families never receive a bill for treatment, travel, housing or food so they can focus on helping their child live.

 
 
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Treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20% to more than 80% since it opened in 1962. St. Jude won't stop until no child dies from cancer.

 
 
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St. Jude shares its discoveries with doctors and scientists in your community and around the world, so every child saved at St. Jude means thousands more children are also saved.

 
 
 
 

Please use the following legal name and tax identification:

 

ALSAC/St. Jude Children's Research Hospital
501 St. Jude Place
Memphis, TN 38105

 
 

Tax ID Number:
62-0646012

We are a tax-exempt, charitable institution listed in the Federal Internal Revenue Service Publication #78, "Cumulative List of Organizations," revised IRS Code 501(c)(3).

 
 

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We're here to help

Our Gift Planning department has a representative in your area who can provide further information or help you prepare the right questions to ask your financial advisor to determine what type of planned gift may be right for you. Email giftplanning@alsac.stjude.org, call (800) 395-1087, or fill out the form below, and a St. Jude representative will contact you. 

 
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