Powerful and Simple Way to Support Our Work

When the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse—your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to Susan G. Komen Oregon and SW Washington:

Name us a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.

Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.

Make an outright gift of a new policy. You can take out a new policy and irrevocably name Komen Oregon and SW Washington as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize on your taxes.

See How It Works

Watch how it works

Next Steps

  1. Contact Ann Berryman at 503-553-3675 or aberryman@komenoregon.org for additional information on life insurance.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Komen Oregon and SW Washington in your plans, please use our legal name and federal tax ID.

Legal Name: Susan G. Komen Oregon and SW Washington
Address: 1500 SW First Avenue, Suite 270 Portland, Oregon 97201
Federal Tax ID Number: 93-1068897

How You Can Benefit From Giving Life Insurance

Learn more about this simple gift by downloading your FREE copy of our informative guide Change Lives With Life Insurance.

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Gifts That Pay

Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.

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