Sample Bequest Language
Please note that gifts of this nature should be carefully
considered in relation to your comprehensive financial and estate
plans. We strongly recommend that you consult an attorney in the
preparation of your will and to supervise its execution so as to
comply with your state requirements. The following are examples
for illustration only.
- When including a bequest provision in your will, always use
the full legal name and provide the federal taxpayer identification
- Our full, legal name is: "Providence Health Care Foundation, Eastern Washington."
- Our federal taxpayer identification number is: 32-0014330.
Bequests for Unrestricted Purposes
Unrestricted gifts are to be used for the greatest need at the time
to be determined by the Board. A general unrestricted bequest is
especially valued by us.
- For a bequest of securities, the possible language is:
"I give Providence Health Care Foundation, Eastern Washington all of my shares
of XYZ stock or mutual fund to be used for the benefit of Providence Health & Services."
- For a bequest of cash, the possible language is: "I give
to Providence Health Care Foundation, Eastern Washington the sum of (Amount) to
be used for the benefit ofProvidence Health & Services."
If you do not want to specify the exact amount or nature of the
intended gift, perhaps because the size of the future estate is
difficult to estimate, a proportional bequest is often the best
way to accomplish your goals. We would receive a percentage of the
estate or the residue of the estate, after all other provisions
have been met.
- Possible language is: "I give to Providence Health Care Foundation, Eastern Washington (percent) of my estate, [or (percent) of the rest, residue
and remainder of my estate] to be used for the benefit ofProvidence Health & Services."
A contingent bequest takes effect only if the primary intention
cannot be met (e.g. if the primary beneficiary does not survive
the donor). This ensures that property will not be distributed to
- Possible language is: "If (name of primary beneficiary) does
not survive me, or shall die during the administration of my estate,
or as a result of a common disaster, then I give to Providence Health Care Foundation, Eastern Washington all of the rest, residue, and remainder
of my estate, to be used for the benefit of Providence Health & Services."
Bequests for Restricted Purposes
If you would like to honor a family
member, a special person or provide support for a specific program
or department that was meaningful to you, then you can designate
your bequest specifically for that purpose. You simply use any form
of the possible language included above, and replace "to be used
for the benefit of [insert purpose or intent]" with the specific
designation. Often specific guidelines govern the use of these types
of funds. Therefore, we recommend that you contact us to discuss
your restricted gift. We are here to help you as you plan.
If you already have a will
A codicil is a written change or amendment to a will. Click
here for an example of a codicil. Please remember to consult
your attorney to make sure you are properly advised.
Thank you for remembering Providence Health Care Foundation, Eastern Washington. Click here to return to Wills and