We Exist to Inspire

Providence Day School exists to inspire in its students a passion for learning, a commitment to personal integrity, and a sense of social responsibility.

An independent, college preparatory school, grades Transitional Kindergarten through 12

Gifts of Life Insurance

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 Policy
Life Insurance Policy Thumbnail

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Life Insurance to Replace Gift

Life insurance can also be used to replace an asset that has been given to Providence Day. How it works: After a donor makes a gift to Providence Day, 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.

Life Insurance to Replace Gift
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Providence Day School
5800 Sardis Road Charlotte NC 28270
704.887.6000

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