Planned giving

Create a legacy

Planned giving is a meaningful way to leave a legacy in the Minnesota community, strengthening Children’s Minnesota for the future and supporting our vision in being every family’s partner in raising healthier children.

Join the Guardian Circle

Donors who include Children’s Minnesota in their estate plans are invited to join the Guardian Circle, our honorary society that includes all benefactors who make a legacy gift to ensure the future of outstanding pediatric care in our state.

If you have already made giving plans for Children’s Minnesota in your estate plans, be sure to complete the Children’s Minnesota Guardian Circle Form here.

Different types of planned giving

Bequests

A bequest is a transfer of cash, securities, or other property through a will or a living trust. A bequest to Children’s Minnesota can be made for a specific amount, or a percentage of your estate. When including Children’s Minnesota in your estate plan, please use the following language:

I give to Children’s Minnesota Foundation, the sum of ______ (or percentage of estate, or description of property) to be used for _________ purposes. I further direct that interest or other income which may be earned by said bequest shall also be paid to Children’s Health Care Foundation from the date of my decease until paid.

Giving through a retirement plan

As a charitable organization, Children’s Minnesota can receive retirement plan assets completely tax-free. Any assets contributed to Children’s Minnesota in this manner will result in a charitable deduction and help reduce any estate tax your estate might incur.

Life insurance donations

You may make Children’s Minnesota the beneficiary of a life insurance policy, and your estate will receive a charitable deduction from estate taxes for that gift.

Real estate

Your residence, farm, vacation home, and commercial or other real estate that you own may be used to make a gift to Children’s Minnesota. Real estate assets can also be donated to the hospital through a bequest.

Charitable gift annuity

An arrangement between a donor and a non-profit organization in which the donor receives a regular payment for life based on the value of assets transferred to the organization. After the donor’s death, the assets are retained by the organization.

Charitable remainder trust

An irrevocable trust that generates a potential income stream for you, as the donor to the CRT, or other beneficiaries, with the remainder of the donated assets going to your favorite charity or charities.

Our charitable tax identification information is as follows:

Children’s Healthcare Foundation
5901 Lincoln Drive
Edina, MN 55436
952-992-5500
Fax: 952-992-6902
Tax ID: 41-1814223

Planned giving: The Lorsungs’ story

The Lorsung family’s relationship with Children’s Minnesota began when Duane and Patricia’s son, Chad, was diagnosed with acute lymphoblastic leukemia when he was 3 years old. Chad was treated at Children’s Minnesota St. Paul by Dr. Jack Priest, who the Lorsungs credit with saving Chad’s life. Now in his thirties, Chad is cancer-free and lives year-round on a boat in Texas near his sister and guardian, Amie.

The Lorsung family gives annually and have included Children’s Minnesota in their estate plans: “We are overwhelmed with the care we received for our son. Dr. Jack Priest and the clinicians at Children’s Minnesota are true heroes!”

Thank you for your consideration

We would be happy to answer any questions you or your financial advisors have. Contact Jason Zotalis at [email protected].

Content has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors accordingly.

GIVE NOW

Help us raise ‘em up. Children’s Minnesota is building a better future for all kids—but we can’t do it without you. Please give today. So every child can reach their best health.