Life Insurance Policy
How It Works
- You assign all the rights in your insurance policy to APSU Foundation, designate us as irrevocable beneficiary, and then receive an income-tax deduction
- APSU Foundation 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 APSU Foundation to pay these premiums
- You can make a substantial gift on the installment plan
- APSU Foundation receives a gift they can use now or hold for the future
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Which Gift Is Right for You?
Contact Us
Brad Averitt
Associate Vice President of Alumni, Engagement, and Philanthropy
O: 931-221-6373, C: 931-721-6179
Austin Peay State University
ATTN: Brad Averitt
P.O. Box 4417
Clarksville, TN 37044
Federal Tax ID Number: 62-0961836
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