How To Designate A Charitable Organization As A Beneficiary Of Your Life Insurance Or Annuity
Duda Owner IONOS • November 28, 2020
Is there a charity near-and-dear to your heart?
You have the opportunity to
specify the organization as a
beneficiary for your life
insurance or annuity policy.
Wondering how? Simply
specify the charity name on
your beneficiary designation
form. You can choose the
percentage each beneficiary
will receive and can split it
amongst multiple recipients.
Be sure to review your
beneficiary recipients once a
year or every five years at
minimum.
You can make updates to your
beneficiaries at any time by
contacting your agent or the
GBU Home Office.
The GBU Life Scholarship Awards support students in college, trade programs, non-college programs, and graduate school, helping them achieve their dreams, setting them on a career path and realizing life goals. Since its founding, the GBU Foundation has awarded 4,500 scholarships and educational grants totaling more than $3.2 million. In 2025, 215 members received $226,000 to support their two‑year, four‑year and graduate studies. Here’s a look at where the rubber meets the road — as we check in on past grantees to see how their scholarship awards have helped them stay on course, where they are now, and where they hope to be in the future.



