David Khoury* admires Children's leadership in treating childhood leukemia. He named Children's Department of Hematology/Oncology the beneficiary of two of his existing life insurance policies, totaling $1 million. Every year, he donates sufficient funds to the hospital to pay the annual premiums. With this careful planning, he guarantees that the hospital will receive a sizable donation when he passes away. He often further leverages his gift by donating appreciated securities to pay his premiums. In doing so, Mr. Khoury:

• Receives an income tax deduction for the gift
• Avoids capital gains taxes
• Makes a significant gift to Children's fight against cancer

*This donor's name has been changed to protect his anonymity.