When you give to the Museum, you support our scientists' research on the planet's biodiversity. You are also creating tomorrow's scientists. Our teacher resources make each field trip a learning experience, our education outreach brings the science of discovery to schools all over LA.
Life Insurance Policy
An important but frequently overlooked role of life insurance is the one it can play in charitable gift planning. Life insurance itself can be the direct funding medium for a gift, permitting the donor to make a substantial gift (face value of policy) for a relatively modest annual outlay (i.e., the premium payment).
Life Insurance to Replace Gift
Life insurance can also be used to replace an asset that has been given to the Natural History Museum. How it works: After a donor makes a gift to the Natural History Museum, the tax savings produced by the charitable deduction are used by his or her children or an irrevocable trust to purchase and pay the premiums on a life insurance policy on the donor's life. Such an arrangement can ensure that the interests of family beneficiaries will not be adversely affected.
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