A gift of your life insurance policy can be a meaningful way to support the Humane Society of Tampa Bay, especially if a policy has outlasted its original purpose.
A life insurance gift allows you to name Humane Society of Tampa Bay as a beneficiary of your policy. This can be a practical option if you have a policy that was originally purchased for another purpose and is no longer needed in the same way.
For example, a policy purchased to provide for minor children may become available for charitable giving once those children are financially independent adults.
- You may receive a charitable income tax deduction.
- If HSTB retains the policy to maturity, annual gifts to help pay premiums may provide additional tax deductions.
- If HSTB cashes in the policy, you can see firsthand how your gift supports our charitable work.
- If HSTB is named as beneficiary, policy proceeds can support our mission when the policy matures.
Contact your life insurance provider: Ask your insurer for a beneficiary designation form.
Name HSTB as beneficiary: Include Humane Society of Tampa Bay as a beneficiary of your policy.
Let us know: Please tell HSTB if you have already named us as a beneficiary so we can thank and recognize you for your gift.
Review with your advisors: Your insurance, tax, or financial advisor can help confirm the best approach for your situation.
Use an Existing Policy
A policy that has outlasted its original purpose can become a generous gift for animals in need.
Potential Tax Benefits
Life insurance gifts may offer tax benefits depending on how the gift is structured. Please consult your advisor.
Future Mission Support
Policy proceeds can help HSTB continue lifesaving work for animals and families across Tampa Bay.
Have questions about this giving option? Our team would be happy to help.
Please let us know if you have already named Humane Society of Tampa Bay as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.
Humane Society of Tampa Bay
Tax ID (EIN): 59-0799907
Life insurance gifts may be tax-deductible depending on how the gift is made. Please consult your tax or financial advisor.