Ways to Give

Advisors Guide for Gift Planning

Gift Planning Guide

Gifts from Wills or Trusts:

When making a charitable gift to a nonprofit organization, it is vital the legal name of the charity, city and other identifying details be used. To name MemorialCare Long Beach in your will or trust please use the following suggested language:

Residual Bequest Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:

I give and devise to Memorial Medical Center Foundation, Long Beach, CA,  (EIN 95-6105984) all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).

Specific Bequest Language
You can also name MemorialCare Long Beach as a beneficiary of a specific amount from your estate:

I give and devise to Memorial Medical Center Foundation, Long Beach, CA,  (EIN 95-6105984) the sum of $ ________________________ (or "____ shares of __________________ stock") to be used for its general support (or for the support of a specific fund or program).

Contingent Bequest Language
MemorialCare Long Beach can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:

If (insert individual heir's name) is not living at the time of my demise, I give and devise Memorial Medical Center Foundation, Long Beach, CA,  (EIN 95-6105984) the sum of $ (or "all" or " ___________ percentage of the residue of my estate") to be used for its general support (or for the support of a specific fund or program).

Gifts of Appreciated Securities

  • Memorial Medical Center Foundation's DTC Number: 5409
  • Memorial Medical Center Foundation's Account Name: FIS Wealth Outsourcing
  • Memorial Medical Center Foundation's FBO Account Number: 82-71-0143-01-7
  • Memorial Medical Center Foundation's Tax ID Number: 95-6105984

Beneficiary Gifts From Retirement Plans, Life Insurance, Brokerage Accounts or Any Other Plan With a Beneficiary Designation:

Please contact your plan provider for a change of beneficiary form. Once you have filled out the form, please send a copy to Wayne Herron, Director of Gift Planning at cherron2@memorialcare.org.

Legal name: Memorial Medical Center Foundation
Tax ID number: 95-6105984
Address: 2801 Atlantic Ave.
Long Beach,  CA  90806

Note To Attorneys, Accountants qnd Other Professional Advisors:

Thank you for helping your client with their charitable planning. As a professional advisor, you build your client relationships on trust and mutual respect. The same is true for our relationships with our friends and donors.

We understand that financial, philanthropic and estate goals are unique to the individual. For this reason we welcome the opportunity to assist as you incorporate your clients' philanthropic objectives into well-crafted estate plans. Furthermore, we encourage prospective donors to consult with their professional advisors before making decisions based on information we provide.

If you have any questions or concerns, please call (562) 933-1657 or email cherron2@memorialcare.org.

Disclosure: This information is not intended as legal advice. For more specific advice, please consult your attorney or financial adviser.

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© Gift Planning Marketing. This document is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.