Turn a life insurance policy into a lasting investment in the future of strength and conditioning.
A gift of life insurance to the NSCA Foundation is a meaningful way to support future generations of strength and conditioning professionals. Whether you have an existing policy that is no longer needed for its original purpose or wish to name the Foundation as a beneficiary, life insurance can help you create a lasting legacy.
Your gift can support scholarships, advance research, and provide professional development opportunities that strengthen the profession for years to come.
Life insurance allows you to make a future charitable gift by naming the NSCA Foundation as a beneficiary of an existing or new policy. You may also choose to transfer ownership of an existing policy to the Foundation, subject to its gift acceptance policies.
There are two primary ways to make a gift:
1. Name the Foundation as a Beneficiary | You can designate the NSCA Foundation as a primary or contingent beneficiary of your life insurance policy. You may choose to designate all or a percentage of the policy's proceeds while retaining ownership and control of the policy.
2. Transfer Ownership of an Existing Policy | If you have a life insurance policy that is no longer needed, you may be able to transfer ownership to the NSCA Foundation. Depending on the policy and your circumstances, this may provide an opportunity for a current charitable income tax deduction.
Create a Lasting Legacy | Make a meaningful contribution that reflects your commitment to the future of strength and conditioning.
Support What Matters Most | Help advance scholarships, research, and professional development opportunities that benefit future students, researchers, and coaches.
Make a Significant Future Gift | Life insurance may allow you to make a charitable contribution through a policy you already own, without requiring a substantial immediate cash gift.
Potential Tax Benefits | Depending on how your gift is structured, you may qualify for certain charitable tax benefits. Consult your tax or financial advisor to understand the options available to you.
1. Review Your Policy | Contact your insurance provider or financial advisor to discuss your existing life insurance coverage and determine whether a charitable beneficiary designation or ownership transfer aligns with your goals.
2. Designate the NSCA Foundation | Request the appropriate beneficiary designation or ownership transfer forms from your insurance provider. If naming the Foundation as a beneficiary, use the following information:
Organization: National Strength and Conditioning Association Foundation
Federal Tax ID: 26-0587834
3. Notify the Foundation | Let the NSCA Foundation know about your planned gift so we can thank you, answer questions, and ensure your charitable intentions are understood. If you are considering transferring ownership of a policy, please contact the Foundation before initiating the transfer.
A gift of life insurance can turn a policy you already own into a meaningful investment in the future of strength and conditioning.
Contact the NSCA Foundation to learn more about making a gift of life insurance and how your generosity can help support future generations of strength and conditioning professionals.
The NSCA Foundation encourages prospective donors to consult their legal, financial, or tax advisors regarding charitable gifts. Life insurance gifts are subject to applicable laws, insurance policy terms, and Foundation gift acceptance policies. Tax benefits depend on individual circumstances and how the gift is structured.