Bequests To benefit Shriners Hospitals for Children
A bequest is a method to ensure the legacy of Shriners Hospitals for Children®. A bequest is given by designating Shriners Hospitals for Children as the beneficiary in your will or trust.
To learn more about how Shriners Hospitals for Children recognizes bequests through the Dream Makers Legacy Society, contact us today.
The following are suggested forms of bequests that may be used:
I give and bequeath to Shriners Hospitals for Children®, a corporation, the sum of $________________for the use and benefit of all of its Hospitals.
Bequest of residue
I give, bequeath and devise all of the rest, residue and remainder of my estate, whether real or personal, and wherever situated, of which I may die possessed, to Shriners Hospitals for Children®, a corporation, for the use and benefit of the Hospitals owned, operated and maintained by said corporation.
Bequest to a specific hospital
I give and bequeath to Shriners Hospitals for Children®, a corporation, for the use and benefit of its (named) hospital.
Devise of real estate
I give and devise to Shriners Hospitals for Children®, a corporation, all that certain parcel of real property described as hereinafter set forth; (here describe the real property).
Designation of Beneficiary for Life Insurance Policies or Pension Plans (IRA, Retirement Savings Plans, etc.) (to be furnished to insurance company or plan administrator on their form)
I hereby designate Shriners Hospitals for Children, a corporation, irrevocable beneficiary of Policy No. ___________________________or ______________________ plan.
Bequest Gift Calculator
Distributions from estates and trusts
All distributions received from a donor’s estate or trust are added to the endowment fund for Shriners Hospitals for Children, unless otherwise restricted, and the income is used to operate our hospitals. In this way we can be assured that there will always be funds to operate our hospitals, and our benefactors can be assured that their bequest will be a continuing memorial supporting their philanthropic wishes.
Federal estate tax laws
Federal estate tax laws encourage charitable bequests by allowing an estate tax deduction for the full value of charitable gifts. No limit is placed on the amount that can be left to charity and deducted from your estate. After providing for family and friends, many people will specify that all or a portion of their estate be distributed to Shriners Hospitals for Children. Those who give may be eligible for the Shriners Hospitals for Children Donor Recognition Program and its many levels of appreciation.
Will or legal agreement
A will or other legal agreement (such as a trust) may be needed to guarantee that your estate plan is carried out as you intended. Without such arrangements, your property will be distributed according to state law, regardless of your intentions or the special needs of your surviving loved ones.
The best way to make a charitable bequest through your will or trust depends on a number of factors, including your assets and family considerations. Without cost or obligation, Shriners Hospitals for Children will provide you and your legal and tax advisors with general information as to how you can make a bequest.
Please confer with your own attorney and tax advisor to determine the tax benefits of a planned gift. Please call the Office of Development at Shriners Hospitals for Children at 800-241-4438 with any other questions you may have.
For more information
For more information on supporting Shriners Hospitals for Children through a planned gift, please contact the Planned and Major Gift Office at 813-367-2241 or by email at firstname.lastname@example.org. Shriners Hospitals for Children is a fully qualified 501(c)(3) charitable organization under IRS regulations. Donations are tax-deductible to the fullest extent provided by law.