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Residual Bequest Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to the Beatrice Community Hospital Foundation, located in Beatrice NE, all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used where it determines the need is greatest (or for the support of a specific fund or program).
Specific Gift Language
Naming us as a beneficiary of a specific amount from your estate is easy:
I give and devise to the Beatrice Community Hospital Foundation, located in Beatrice NE, the sum of $_________ to be used where it determines the need is greatest (or for the support of a specific fund or program).
Retirement Plan Beneficiary Language
Naming us as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish your charitable goals while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming the Beatrice Community Hospital Foundation as a beneficiary of all or a percentage of your retirement plan, you maintain complete control over the assets while living, but at your passing the remaining assets pass to the Beatrice Community Hospital Foundation free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy. Simply fill out a change of beneficiary form from your plan administrator and notify us. We can also assist you with the proper language for you beneficiary designation to the Beatrice Community Hospital Foundation.
Life Insurance Policy and DAF Beneficiary Language
As with retirement plans, naming the Beatrice Community Hospital Foundation as the beneficiary of a life insurance policy or your donor-advised fund is as simple as filling in a change of beneficiary form from your plan/fund administrator. Be sure to let us know you have named us as the beneficiary so we can contact the insurance company or fund at the appropriate time and put your gift to work as you intend.
Tax identification Number: 47-6024984
Legal Name: Beatrice Community Hospital Foundation, Inc.
State of Business: Nebraska
For more information please contact:
Gina Heckey, CFRE
Senior Executive, Foundation
Beatrice Community Hospital Foundation
4800 Hospital Parkway
Beatrice NE 68310