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Bequest Language

Bequest Language

The following includes several examples of suggested bequest wording to benefit the CAMC Foundation.  Each individual situation is unique and, therefore, these examples include only some of the possible gift opportunities.  We encourage you to share your final will provision with the CAMC Foundation to ensure that your wishes will be properly followed and recognized. A minimum gift of $25,000 is required to create a new endowment fund.
 
Percentage of estate for unrestricted purposes
 
“I give, devise and bequeath ______ percent of my estate to the CAMC Foundation, Inc. located at 3412 Staunton Ave. SE, Charleston, WV 25314, to be used at the discretion of the Board of Directors of the CAMC Foundation, Inc. for the general purposes of the CAMC Health Systems and its related entities.
 
Percentage of estate for specific purposes with an endowment provision:

I give, devise and bequeath ______ percent of my estate to the CAMC Foundation, Inc. located at 3412 Staunton Ave. SE, Charleston, WV 25314, to establish the ____________Endowment Fund. The principal of this fund shall be invested as part of the CAMC Foundation’s permanent endowment and in accordance with its policies. The income therefrom is to be used by the CAMC Foundation, Inc. for____________________________ purpose.  Contributions may be added to the fund at any time.
If changed circumstances should at some future time make it impractical to continue using the income from the fund for the purpose designated, then the CAMC Foundation Board of Directors may re-designate the purpose for which the fund’s income may be distributed, provided that the fund shall continue to bear the name_____________ Endowed Fund, and that the amended terms shall adhere as closely as possible to my original intent. 
 
Specific amount for unrestricted purposes:
 

“I give, devise and bequeath $________ of my estate to the CAMC Foundation, Inc. located at 3412 Staunton Ave. SE, Charleston, WV 25314, to be used at the discretion of the Board of Directors of the CAMC Foundation, Inc. for the general purposes of the CAMC Health Systems and its related entities.

Specific amount for specific purposes:

I give, devise and bequeath $_______ (or____ shares of stock) of my estate to the CAMC Foundation, Inc. located at 3412 Staunton Ave. SE, Charleston, WV 2531. The principal of this fund shall be invested as part of the CAMC Foundation’s permanent endowment and in accordance with its policies. The income therefrom is to be used by the CAMC Foundation, Inc. for__________________ purpose. Contributions may be added to the fund at any time.
If changed circumstances should at some future time make it impractical to continue using the income from the fund for the purpose designated, then the CAMC Foundation Board of Directors may re-designate the purpose for which the fund’s income may be distributed, provided that the fund shall continue to bear the name________ Endowed Fund, and that the amended terms shall adhere as closely as possible to my original intent.

 
© 2014 CAMC Foundation