A bequest is simple and convenient. You have a number of options.

You can make a bequest for a specific dollar amount or for a percentage of your estate. Many individuals establish endowments to honor the memory of a family member or another loved one. These endowments live forever, because only the income and a modest portion of appreciation are used annually.

Because a will is an important legal document, we encourage you to seek assistance from your own professional legal advisor.

To assist you with this important process, we offer suggested bequest wording to emphasize the importance of your including any specific designation. Also, please note that any bequest intended for our Foundation should be clearly designated for Presbyterian Healthcare Foundation.

Summary of the purposes and forms of a bequest:

Unrestricted: The most flexible type of bequest, allowing the funds to be allocated by Presbyterian Healthcare Foundation wherever the need is greatest.

Restricted: You may designate your bequest to support a special program or purpose that reflects your personal or professional interest.

Specific bequests are used to make a gift of a specific dollar amount or specific assets, such as securities, real estate, or personal property.

Residuary bequests are used to give all or a portion of the rest, residue, and remainder of your estate after payment of expenses and any specific amounts designated to other beneficiaries.

Each individual situation is unique and, therefore, the following examples include only some of the possible gift opportunities you may want to review with your personal advisor(s). Also, we encourage you to contact the Foundation about your intention to include in a bequest items of real or personal property other than publicly traded securities so that we may determine if there may be concerns about our ability to handle such a gift.

Percentage of estate for unrestricted purposes
I give, devise, and bequeath to Presbyterian Healthcare Foundation, a not-for-profit tax-exempt organization located in Charlotte, North Carolina,                  percent (%) of the rest, residue, and remainder of my estate as an unrestricted gift to be used at the discretion of the Board of Directors of Presbyterian Healthcare Foundation for purposes of its mission in support of Presbyterian Healthcare in Mecklenburg County, North Carolina.

Percentage of estate for specific purposes with an endowment provision
I give, devise, and bequeath to Presbyterian Healthcare Foundation , a not-for-profit tax-exempt organization located in Charlotte, North Carolina,            percent (%) of the rest, residue, and remainder of my estate to establish the                                    ENDOWED FUND. The principal of this Fund shall be invested as part of Presbyterian Healthcare Foundation's permanent endowment and in accordance with its policies. The income therefrom is to be used by Presbyterian Healthcare Foundation Charlotte, North Carolina, for                                                             . Additional contributions may be added to the Fund at any time by other donors.

If changed circumstances should at some future time make it unlawful, impractical, or impossible to continue using the income from the Fund for the purpose designated, then the Presbyterian Healthcare Foundation Board of Directors may, in its sole discretion, re-designate the purpose for which the Fund's income may be distributed. However, the Foundation Board shall make every effort to assure that distributions are made to adhere as closely as is feasible to my original intent within its mission of supporting Presbyterian Healthcare in Mecklenburg County, North Carolina.

Specific amount for unrestricted purposes
I give, devise, and bequeath to Presbyterian Healthcare Foundation, a not-for-profit tax-exempt organization located in Charlotte, North Carolina, the sum of $               in cash or in-kind (or                  shares of                  stock) to be used at the discretion of the Board of Directors of Presbyterian Healthcare Foundation for purposes of its mission in support of Presbyterian Healthcare in Mecklenburg County, North Carolina.

Specific amount for specific purposes with endowment provision
I give, devise, and bequeath to Presbyterian Healthcare Foundation, a not-for-profit tax-exempt organization located in Charlotte, North Carolina, the sum of $               in cash or in-kind (or                  shares of                  stock) to be used for                                                                            at Presbyterian Healthcare Foundation.

If changed circumstances should at some future time make it unlawful, impractical, or impossible to continue using the income from the Fund for the purpose designated, then the Presbyterian Healthcare Foundation Board of Directors may, in its sole discretion, re-designate the purpose for which the Fund's income may be distributed. However, the Foundation Board shall make every effort to assure that distributions are made to adhere as closely as is feasible to my original intent within its mission of supporting Presbyterian Healthcare in Mecklenburg County, North Carolina.

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