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Life Insurance


Donors can use life insurance to make a gift to MPBN by naming MPBN as the owner and beneficiary of a life insurance policy. A donor receives a charitable income tax deduction based on the lesser of the policy’s fair market value or the net premiums paid. Donors may also wish to make gifts of paid-up policies, resulting in a charitable income tax deduction for the policy’s cash surrender value.  

For more information, on our Major Gifts Programs please contact us:

Scott Marchildon Barbara Thorson Heide Lester

Chief Development Officer

Major Gifts Administrative Assistant

Major Gifts Coordinator




Kate Phenix

Development &
Communication Associate




Founded by the University of Maine System and Colby, Bates and Bowdoin Colleges.

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