Bequest Language

Leaving a legacy

Planning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust, known as a bequest, can guarantee that your legacy endures. Your gift may be a specific dollar amount, a percentage of your estate or the remainder after all other provisions are specified.

TMC Health Foundation Federal Tax ID: 86-0504015

Unrestricted gift

For an unrestricted gift that allows TMC Health Foundation to determine how to use the funds based on the most pressing needs, use the following language for your will and/or trust:

"I give to TMC Health Foundation, a nonprofit organization currently located at 5301 E. Grant Road, Tucson, Arizona 85712, or its successor thereto, _________ [written amount or percentage of the estate or description of property] for its unrestricted charitable use and purpose."

To designate your provision for a particular purpose

"I give to TMC Health Foundation, a nonprofit organization currently located at 5301 E. Grant Road, Tucson, Arizona 85712, or its successor thereto, _________ [written amount or percentage of the estate or description of property]. This gift should be used for (state purpose) if and so long as TMC Health Foundation determines that the need exists. If TMC Health Foundation shall determine at the outset or at a later time that the need does not exist, or no longer exists or for some reason it is not possible (or prudent) to administer my gift as originally intended, then TMC Health Foundation may, in its sole and uncontrolled discretion, direct the use of my bequest for a purpose related as closely as possible to that stated above."

Considerations

If you have named TMC Health Foundation in your will or trust, please let us know so we can ensure that your gift is used according to your wishes. Notifying us of your plans will enable us to plan for the use of your future gift. However, if you prefer to remain anonymous, we will keep your name and gift in strict confidence.

Please contact Deb Dale at Deb.Dale@tmcaz.com or Heidi Hultquist at Heidi.Hultquist@tmcaz.com for more information.

Please consult your personal advisor(s) on all legal, tax, or financial issues related to your gift or personal matters. Nothing contained in this publication should be considered legal, tax, or financial advice. Content was not written nor intended for, and cannot be used for, the purpose of avoiding tax-related penalties. For information about the specific tax benefits to which you may be entitled through your charitable giving, please consult your tax advisor or attorney.