Make the Difference of a Lifetime

A Gift in Your Will or Living Trust

Sample Bequest Language

The following information is provided to assist in developing your charitable gift and estate plans in consultation with your attorney, accountant, and/or other advisors.

Ronald McDonald House Charities of Central Ohio, Inc.
The legal name to be used when making gifts to Ronald McDonald House Charities of Central Ohio via wills, trusts, and other gift-transfer documents is: “Ronald McDonald House Charities of Central Ohio, not-for-profit corporation, with its principal place of business in the Central and Southeast Ohio.”

Confirmation of RMHC of Central Ohio’s Tax-Exempt Status
Confirmation of Ronald McDonald House Charities of Central Ohio’s tax-exempt status is provided in the form of a letter from the district director, Internal Revenue Service, U.S. Department of the Treasury. Ronald McDonald House Charities of Central Ohio’ federal tax I.D. number is 31-0890152. If you would like a copy of this letter, please contact Ronald McDonald House Charities of Central Ohio’s Development Department at 614-227-3777.

Designating Your Gift
Gifts made through wills and revocable trusts are often directed to Ronald McDonald House Charities of Central Ohio’s permanent Endowment Fund. Our endowment fund, the Ronald McDonald House Charities of Central Ohio Fund, is professionally managed by The Huntington Bank. Endowment is a particularly effective way to leave a lasting legacy, since the earnings accrued on your gift will support Ronald McDonald House Charities of Central Ohio in perpetuity. Your bequest also may be unrestricted to our current operating, program or capital needs – to be used at the discretion of the Board of Directors to meet Ronald McDonald House Charities of Central Ohio’s most pressing needs – or you may designate your bequest to support a specific program, such as the Ronald McDonald House. You may make your gift in your own name, or you may memorialize a loved one with your contribution. Such honorariums and memorials will be displayed at Ronald McDonald House Charities of Central Ohio and on our website. If you would like to make a bequest to Ronald McDonald House Charities of Central Ohio, here is sample wording that you can use. Please consult your attorney for preparation of any addition or changes to your will or trust.

A specific bequest is a bequest of a specific item or dollar amount. An example of a specific bequest might be providing that your first edition Gone with the Wind, signed by Margaret Mitchell be given to your sister, Ashley at your death.

Language for Including RMHC of Central Ohio in Your Will or Living Trust
Sample wording you can use to make a specific bequest to Ronald McDonald House Charities of Central Ohio: “I give, devise, and bequeath to Ronald McDonald House Charities of Central Ohio, located in Columbus Ohio, or its successor organization, a nonprofit organization as described in section 501(c)(3) of the Internal Revenue Code $__________________.”

A percentage bequest is a bequest of a certain percentage of your estate or of another asset. An example of a percentage bequest might be providing that, upon your death, your house be sold and that each of your four children receives one-fourth of the net proceeds.

Sample wording to make a percentage bequest to RMHC of Central Ohio:
“I give, devise, and bequeath to Ronald McDonald House Charities of Central Ohio, located in Columbus Ohio, or its successor organization, a nonprofit organization as described in section 501(c)(3) of the Internal Revenue Code ________________ percent of my estate.”

A residual bequest is a bequest of all or a portion of the remainder or residue of the estate after specific and other bequests have been distributed. An example of this type of bequest might be providing that after all previous bequests have been satisfied everything that remains should be given to Ronald McDonald House Charities of Central Ohio.

Sample wording to make a residual bequest to RMHC of Central Ohio:
“All the residue of my estate, including real and personal property, I give, devise and bequeath to Ronald McDonald House Charities of Central Ohio, located in Columbus, Ohio or its successor organization, a nonprofit organization as described in section 501(c)(3) of the Internal Revenue Code. My Executor shall, at the request of Ronald McDonald House Charities of Central Ohio, liquidate and sell any real estate or tangible personal property which is part of the residue of my estate before making distribution.”

In addition to the language above, this sample wording can be used to restrict your gift to a particular program: “This is a restricted gift to be used for _________________. If at any time at the discretion of the Board of Directors this bequest cannot be used for said purpose, the Chairman of the Board for Ronald McDonald House Charities of Central Ohio shall have the authority to designate its use for another purpose that closely resembles the donor’s original intention.”

For bequests to Ronald McDonald House Charities of Central Ohio’s permanent endowment, please add: “This gift shall be added to the permanent endowment of Ronald McDonald House Charities of Central Ohio.”

Other helpful language for any will or trust:
“I instruct that all charitable gifts, bequests and devises should be made, to the extent possible, from assets that constitute income in respect of a decedent, as that term is defined in the Internal Revenue Code.”

If you or your advisers have any questions about this information, please contact:

Angela Hartley
Senior Director of Development
711 E. Livingston Ave.
Columbus, Ohio 43205
Angela.Hartley@rmhc-centralohio.org
614- 227-3777

Any discussion pertaining to taxes in this communication (including attachments) may be part of a promotion or marketing effort. As provided for in government regulations, advice (if any) related to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue code. Individuals should seek advice based on their own particular circumstances from an independent tax advisor.