Legacy Giving

 

Planning a future gift can offer benefits to you and your family. You may lessen the burden of taxes on your family, receive an estate tax charitable deduction, simplify your planning, and avoid expensive legal fees. 

Should you wish to designate your gift for a specific purpose, we strongly recommend you contact us to discuss the restriction to ensure we are able to honor your intentions. 

Types of gifts to consider

Bequests 

  • One of the easiest future gifts 

  • Include simple language in your will or trust 

  • Declare a percentage or dollar amount 

Beneficiary designation 

  • Simple and affordable 

  • Flexible for your changing needs 

  • Continue to use your account 

 

Suggested bequest language for future gifts 

“I give, devise and bequeath $________ or ______% of my estate to Every Child Succeeds, Inc. (Tax ID # 31-1628467), an Ohio nonprofit corporation, to be used at the discretion of the Every Child Succeeds Board of Directors.” 

Should you wish to designate your gift for a specific purpose, we strongly recommend you contact us to discuss the restriction to ensure we are able to honor your intentions. 

Restricted gifts should include the following language: 

If at some future date, circumstances at Every Child Succeeds should change so that the uses and purposes for which these funds have been designated are no longer possible or permissible or are in conflict with the policies of  Every Child Succeeds, Inc., then the Board of Directors may, with approval of the governing member(s), determine the permissible use most closely related to that identified by the testator and consistent with the testator’s general interests and charitable intent in supporting Every Child Succeeds. 

Beneficiary designation 

A beneficiary designation gift is a simple and affordable way to make a gift to support Every Child Succeeds. You can designate us as a beneficiary of a retirement, investment, or bank account or your life insurance policy. 

If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are among the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement, investment, or bank account and continue to freely use your account. You can also change your mind at any time in the future for any reason, including if you have a loved one who needs your financial help. 

Potential benefits of a beneficiary designation gift 

  • Support the causes that you care about 

  • Continue to use your account as long as you need to 

  • Simplify your planning and avoid expensive legal fees 

  • Reduce the burden of taxes on your family 

  • Receive an estate tax charitable deduction 

How a beneficiary designation gift works 

To make your gift, contact the person who helps you with your account or insurance policy, such as your broker, banker or insurance agent. 

  • Ask them to send you a new beneficiary designation form. 

  • Complete the form, sign it and mail it back to your broker, banker or agent. 

  • When you pass away, your account or insurance policy will be paid or transferred to Every Child Succeeds, consistent with the beneficiary designation. 
     

Please contact Alicia Culman at (513) 636-2802 or alicia.culman@cchmc.org to notify us of your gift or restrict your gift for a specific purpose. 

Interested in making a gift in another way? Find out more about IRA Distributions and Donor-Advised Funds, or contact Alicia Culman at (513)636-2802.