Bequests
Many grateful families, friends and former patients have provided for Cincinnati Children's Hospital Medical Center as part of their estate.
Bequests enable the medical center to provide the best possible care for the children we serve, expand clinical and research programs and endow key faculty positions.
Benefits of Bequests:
- The ability to designate a specific dollar amount or percentage of the net proceeds of the estate
- The ability to name Cincinnati Children's Hospital Foundation as a secondary beneficiary, leaving the bulk of your assets to your family
- Reducing or avoiding federal estate taxation
Suggested Language for Bequests
If you are interested in including Cincinnati Children's in your estate plans, we suggest the following language:
Bequest for General Purposes
"I give, devise and bequeath $____________ or ______% of my estate to the Cincinnati Children's Hospital Medical Center, an Ohio nonprofit corporation, to be used at the discretion of the Cincinnati Children's Hospital Medical Center Board of Trustees."
Bequest for a Specific Purpose
"I give, devise and bequeath $____________ or ______% of my estate to the Cincinnati Children's Hospital Medical Center, an Ohio nonprofit corporation, to be used to support (insert specific designation)."
"If at any time the Cincinnati Children's Hospital Medical Center Board of Trustees should determine, at its sole discretion, that such use is impossible, impractical or unnecessary for any reason or that all or part of the assets received are no longer needed for such use or purpose, then the Cincinnati Children's Hospital Medical Center Board of Trustees may redirect and use any and all portions of the assets received or the resulting proceeds for other uses or purposes consistent with the testator's general interests and charitable intent in supporting the Cincinnati Children's Hospital Medical Center."
Recognition
The William Cooper Procter Society recognizes and honors friends of Cincinnati Children's who inform us of their intention to invest in the future of the medical center through planned or deferred gift arrangements.
For additional information regarding planned giving opportunities at Cincinnati Children's, please contact:
Karen Ecker Kratz, JD
Director of Gift Planning
Cincinnati Children's Hospital Medical Center
3333 Burnet Avenue, MLC 9002
Cincinnati, OH 45229-3039
Telephone: 513-636-5683
Fax: 513-636-7173
Email: karen.kratz@cchmc.org
