Commercial Annuities

Like retirement plan assets, commercial annuities provide for tax-deferred growth while the owner is living. Because distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. Due to our tax-exempt status, NET can receive your commercial annuity completely tax-free when you name us as beneficiary.

Making this gift is as simple as updating your beneficiary form with your bank or insurance company. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.

  1. Contact The NET Planned Giving Office at 800.634.6788 or plannedgiving@netNebraska.org for additional information on commercial annuities.
  2. Seek the advice of your financial or legal advisor.
  3. If you include NET in your plans, please use our legal name and Federal Tax ID.

Legal Name: NET Foundation for Television or NET Foundation for Radio
Address: 1800 N 33rd Street, Lincoln, NE 68503
Federal Tax ID Number: for Television: #23-7122088 or for Radio: #47-0588533