NOTE: Our Charitable Registration Number is 89478 1475 RR0001
London Health Sciences Foundation (LHSF) believes that a donor's interest and their family's interests must come first when a planned gift is arranged. A gift from an estate to LHSF will result in tax relief to the estate, leaving more residue for other interests and family.
The following sample Will wording should help guide you and your legal advisors in establishing a legacy through your estate planning that fulfills your philanthropic wishes.
1. I direct my Executors to give to London Health Sciences Foundation for the benefit of London Health Sciences Centre the sum of $_____ (or_____% of my residue) for use where it is needed most as determined in the absolute discretion of the Directors of London Health Sciences Foundation.
2. I direct my Executors to give to London Health Sciences Foundation for the benefit of London Health Sciences Centre the sum of $_____ (or_____% of my residue) to be used for the purpose of _____________ (examples could include: research, patient care, equipment, teaching, a program at the Hospital, etc.), provided that if such purpose ceases to exist or ceases to be provided by London Health Sciences Centre, then the legacy shall not fail but the Directors of London Health Sciences Foundation shall use such legacy for a medical purpose which most closely resembles the purpose set out above.
A word about the Highest Priority Needs of our Hospital:
As our Hospital's needs change significantly from year to year and medical advances impact our future needs, "undesignated" gifts are always the most flexible for legacy gifts. If restrictions are placed on a gift, they should be made generally and with some flexibility or an "out" (cy-pres) clause, should the need no longer exist at the time of death (a sample of such a clause is outlined under No. 2 above).
Many thanks for your support! On behalf of the patients and families who will benefit from your generosity, please accept our sincere gratitude.