Bequests: For many, a gift by will or through a living trust is a meaningful way to accomplish effective estate planning. Bequests may take many forms, including the designation of a specific amount or percentage of the residual of the estate. We offer suggestions as to what language should be included in your will regarding a bequest to The Foundling.
 
A. For a specific bequest – I give and bequeath unto The New York Foundling Hospital, a New York not-for-profit organization, whose principal office is located at 590 Avenue of the Americas, New York, NY 10011, the sum of $____ to be used for its general charitable purposes.

B. For a residuary bequest – I give and bequeath ___% of my residuary estate to The New York Foundling Hospital, a New York not-for-profit organization, whose principal office is located at 590 Avenue of the Americas, New York, NY 10011, to be used for its general charitable purposes.

C. For a designated or endowed bequest – I give and bequeath unto The New York Foundling Hospital, a New York not-for-profit organization, whose principal office is located at 590 Avenue of the Americas, New York, NY 10011, [the sum of $_____)/ (___% of my residuary estate) to be used by it for [state designation or purpose). In the event the purpose for which this bequest has been designated or restricted can no longer be accomplished, I direct that it be used by The New York Foundling for such similar charitable purposes as it shall determine.

D. For a named fund – I give and bequeath unto The New York Foundling Hospital, a New York not-for-profit organization, whose principal office is located at 590 Avenue of the Americas, New York, NY 10011, (the sum of $___)/(___% of my residuary estate) to establish the {NAME} Fund (in honor of _____)/(in memory of ______), an endowment fund without restriction to be used by it for its general charitable purposes.