Bequest Language

pdficon_large.gif Printable Bequest Language

Sample Bequest Language

Unrestricted Gift:
The most flexible kind of gift you can make is by giving the President and Trustees of Boston Medical Center leadership the flexibility to utilize your gift to support areas of greatest need and priority.

“I give, devise, and bequeath to Boston Medical Center Corporation, Tax ID #04-3314093, a Massachusetts charitable corporation located at One Boston Medical Center Place, Boston, Massachusetts, or its successors, (the sum of $_______), (_______ percent of my net estate), or (all the rest, residue, and remainder of my estate) to be used for its general charitable purpose.”

Gift for a Specific Purpose:
Designate your gift for a specific purpose, such as a clinical program or area of research. We recommend using language that makes allowance for the inevitable changes in medicine and Boston Medical Center’s needs.

“I give, devise, and bequeath to Boston Medical Center Corporation, Tax ID #04-3314093, a Massachusetts charitable corporation located at One Boston Medical Center Place, Boston Massachusetts, or its successors, (the sum of $_________), (______percent of my net estate), or (all the rest, residue, and remainder of my estate) to support (e.g., research, building fund, equipment purchase, or education). This designation represents a preferred use for these funds and is not an absolute restriction. Should the purpose for which this gift is intended cease to be effective or practicable at the time the funds are transferred, the Trustees of BMC are authorized to use this gift in an alternative way consistent with the general intent of this designation.”

Back

© Pentera, Inc. Planned giving content. All rights reserved.

Disclaimer

The discussion herein is general in nature and may not apply to all individuals. Prospective donors are urged to consult their personal tax and financial advisors concerning the specific consequences of making gifts to BMC. We would be pleased to discuss, in confidence, ways in which you may support BMC. These measures may also have an impact on your estate planning.