Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to the Gardens, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. The Gardens 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 the Gardens to pay these premiums
  • You can make a substantial gift on the installment plan
  • The Gardens receives a gift they can use now or hold for the future

Contact Us

Melissa Tyrone
Director of Philanthropy & Membership
863-734-1213
mtyrone@boktower.org

Federal Tax ID Number: 23-1352009

Bok Tower Gardens
1151 Tower Blvd.
Lake Wales, FL 33853

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