Bequest Language

pdficon_large.gif Printable Bequest Language

Percentage of estate for unrestricted purposes
"I give to PBMC Foundation, a not-for-profit organization located in Riverhead, N.Y., _____ percent (%) of the remainder of my estate for its general charitable purposes.”

Percentage of estate to establish an endowed fund
"I give to PBMC Foundation, a not-for-profit organization located in Riverhead, N.Y., _____ percent (%) of the remainder of my estate to establish the ________ Endowed Fund. The portion of this fund available for spending each year shall be used to ___________________________. Contributions may be added to the Fund at any time.

If changed circumstances should at some future time make it impractical to continue administering the Fund for the purpose designated, then the Peconic Bay Medical Center Board of Directors may redesignate the purpose, provided that the terms adhere as closely as possible to the original intent.”

Specific amount for unrestricted purposes
"I give to PBMC Foundation, a not-for-profit organization located in Riverhead, N.Y., the sum of $_______ in cash (or ________ shares of ________ stock) to be used for its general charitable purposes."

Specific amount for specific purposes
"I give, devise, and bequeath to PBMC Foundation, a not-for-profit organization located in Riverhead, N.Y., the sum of $_______ in cash or in-kind (or ________ shares of ________ stock) to be used for __________________________________________ at Peconic Bay Medical Center.

 

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