An Insurance Policy

You may decide to purchase a new insurance policy in a specific amount and pay it out in a specific number of years, making the Sorghum Foundation the owner and beneficiary. This may be a policy on you or someone else.

Make the premium payment to the Sorghum Foundation and deduct it as a gift from your income taxes. The Sorghum Foundation will make the payment to the unsurance carrier. Upon the death of the insured, the death benefit will go tot the Sorghum Foundation endowment so the earnings from this gift will benefit sorghum.

An Existing Insurance Policy

If you have an existing insurance policy which is "paid ip" or which you are currently paying on, please consider making the Sorghum Foundation the beneficiary for all or a percentage of the policy.

In case of a totally "paid up" policy, the current cash value is deductible as a gift to the Sorghum Foundation and may be utilized as a deduction on your tax return.