Planned giving is all about taking the long view.
A planned gift to Children’s of Alabama has the power to go well beyond making a difference today. It is like planting trees that will make a lasting difference in the lives of generations of children to come...and is evidence of a life well lived.
When a gift is made to Children’s of Alabama, especially a gift of insurance, stock or a portion of an estate, that gift helps ensure that life-altering, world-class medical care continues to be available for ill and injured children from Alabama, the region and beyond.
We are ready to discuss with you and your clients how a planned gift to Children’s can represent a life well lived by making significant generational impact.
How you plan for your own future, including any charitable gifts from your estate plan, is deeply personal. There are endless combinations of giving options, but ultimately, this is your plan that needs to be an extension of your wishes to impact the lives of children in our care. Our goal is to listen to those wishes, and make sure we plan a gift that meets your hopes, and your expectations. Please contact Coke S. Matthews at 205-638-9003, or at firstname.lastname@example.org to discuss the best solution for you.
Wills and Bequests: Include Children’s Hospital of Alabama in your will:
Sample language: I hereby give to Children’s Hospital of Alabama, Tax ID No. 63-0307306 the sum of $_____, for its general purposes.
Giving through life insurance: Name Children’s Hospital of Alabama as the beneficiary, or donate the policy.
If you have a life insurance policy that you no longer need because of a change in your life circumstances, you can donate the policy to Children’s Hospital of Alabama, even if you are still paying premiums. In the alternative, you can simply contact your life insurance company and designate Children’s as the beneficiary of the benefit.
Giving through retirement plans: Name Children’s Hospital of Alabama as the beneficiary.
The beneficiary designation is a contract between you and the plan administrator. You should contact the administrator for a ‘change of beneficiary’ form.
Giving through bank accounts/mutual funds:
Name Children’s Hospital of Alabama as the "payable on death” beneficiary.
Giving from your IRA:
If you are over the age of 70 1/2, you can make a contribution of up to $100,000 annually transferred directly from your IRA account to the charity of your choice, like Children’s Hospital of Alabama, and it will not be considered taxable income to you. Please contact your financial advisor for details.
Gifts of Securities: Contact Coke Matthews at 205-638-9003 to coordinate the gift transfer.
Gift Annuities: A unique way to make a gift to Children’s Hospital of Alabama, but receive income for the rest of your life. Contact us for rates and details.
Gifts of real estate and other in-kind assets: We are keenly interested in finding a way to transform your generosity into a gift that makes an impact on our ability to care for children. Every donor, every gift, every circumstance is unique - we welcome the opportunity to work together towards our shared goal.
The information on this site is not intended as legal or financial advice. For professional advice on your legal, tax and estate plans, please consult your professional advisors.
Please use the following legal name, address and tax identification for all planned gifts. Though “Children’s of Alabama” is our popular name and is sufficient, our full legal name is:
Children’s Hospital of Alabama
1600 7th Avenue South
Birmingham, AL 35233
Tax ID No: 63-0307306
The Generations legacy society honors individuals who have included Children’s of Alabama in their wills, trusts, and other long-term plans. Through your membership, you are helping Children’s keep the promise of our legacy – to provide the very best pediatric healthcare, regardless of a family’s ability to pay.
Generations is an exclusive group – but not because membership is difficult. It is simply reserved for those compassionate, thoughtful individuals who have included Children’s Hospital of Alabama in your will, trust, life insurance or other long-term plan for the benefit of children many years from now.
If you have already included Children’s of Alabama in your estate, life insurance or other plans, we are grateful. Please let us know so we can welcome you to Generations.
Coke Matthews, Chief Development Officer and Planned Giving Officer, would be pleased to help you explore your planned giving plan at 205-638-9003, or at email@example.com.