Planned Giving
Ensuring the next 125 years of exceptional care through lasting legacies and dedicated resident care support.
Tomorrow’s Promise Legacy Society
The Beechwood Home depends on its many loyal and devoted friends for legacy gifts to help fund our residents' needs well into the future. We invite you to join other friends who participate in our mission by including The Beechwood Home in your estate plans.
These gifts allow The Beechwood Home to continue serving residents for the next century of specialized neurological care.
Member Recognition
Making any planned gift entitles you to membership. Your name (if you choose) will be placed on our donor wall, a brick will be placed in your honor in our resident courtyard, and you will receive a certificate of appreciation.
Bequest
A bequest is made when a donor provides in a will or living trust for the transfer of a specific amount, a specific asset, or a portion of the remainder of an estate. Assets may be cash, stocks, bonds, mutual fund shares, real estate or personal property. Bequests benefiting The Beechwood Home avoid estate taxes.
Suggested wording for a bequest:
"I give, devise and bequeath to the Beechwood Home, presently located at 2140 Pogue Avenue, Cincinnati, Ohio 45208, County of Hamilton, the sum of $_____________ (insert amount or percentage of estate), to be administered by the said Beechwood Home without restriction for its general purposes."
Charitable Remainder Trust
To establish one of several types of trust commitments, a donor transfers cash, securities or real estate to a trust. A fixed or variable income is paid to the donor and/or other beneficiary for life or for a specified term of years.
Donors are entitled to income-tax deductions based upon the value of gifts and trust terms. Such gifts avoid capital gains and estate taxes. Commitments of this type appeal to donors who wish to contribute and continue to receive income from investment of the gift assets.
Charitable Lead Trust
To establish this type of gift commitment, a donor transfers cash, stocks, bonds or income-producing real estate to a trust. For the term of the trust, income from these assets benefits The Beechwood Home.
Thereafter, the trust principal is typically returned to the donor or passed to the donor's family. Lead trusts enable donors to pass assets to family at significantly reduced value for gift and estate-tax purposes and also can enable donors to reduce taxable income during the trust term.
Retirement Assets
Gifts from a retirement plan or IRA are made by naming The Beechwood Home as a beneficiary after a donor’s and/or spouse’s lifetime. Gifts of retirement funds avoid estate and income taxes that would otherwise be paid if assets were distributed directly to family.
Life Insurance
To make a life insurance gift, a donor names The Beechwood Home as owner and beneficiary of a new or existing life insurance policy. Donors are entitled to income-tax deductions for new policy premiums or the cash value of an existing policy.
Real Estate Remainder
A donor’s residence, vacation home, or farm may be transferred to The Beechwood Home while reserving use of the property for the donor’s lifetime. An income-tax deduction is earned based upon the property value and life expectancy.
Prudent Stewardship
The Beechwood Home administration serves donors by ensuring their gifts are managed prudently, ethically, and privately. Our stewardship team assures that the uses of gift funds precisely follow donor wishes and directly benefit our residents.
Your gifts to Beechwood are tax deductible to the full extent provided by law as an independent 501(c)(3) organization. Any gift other than an outright gift in cash or securities is subject to our standard institutional gift acceptance policies.