The Impact You Can Make
Carefully invested by our House, your planned gift can help families year after year. You could provide a family with a “home away from home” for months while their child receives life-saving surgery. Or, you could provide love and support to a family whose child is undergoing weeks of vital treatment or meeting with their doctors for days of essential follow-up care.
Make a Lasting Difference
It's easy. Helping families can be as simple as adding a sentence to your existing will or adding Ronald McDonald House of Cleveland on a beneficiary form.
You have flexibility. Your gift can be a percentage so it remains in proportion to other desires you wish to fulfill. It can also come to our House only after your other needs are met.
You have options. Your gift can be unrestricted, placed in our endowment, or you can choose to help fund a specific program.
Every gift will have a profound impact. Whether your gift is $5,000 or $500,000, our families are grateful for every day that they receive the support they need. There are many ways to help!
For Attorneys and Advisors Legal Name
Bequests and other forms of planned / estate gifts should be designated to:
Ronald McDonald House of Cleveland, Inc.
10415 Euclid Avenue, Cleveland, OH 44106
Intended Use of Gift
Please indicate whether the gift is intended for our House’s general purposes and uses, for a specific program, or to be added to our endowment. Please contact us in advance if there is a specific or restricted use for the gift to make sure that we can fully honor the donor’s wishes.
Sample Bequest Language
"I give, devise and bequeath the sum of $______ (or describe the percentage of estate or specific asset/type of property you wish to give) to Ronald McDonald House of Cleveland, Inc., whose legal address is 10415 Euclid Ave. Cleveland, OH 44106, for its unrestricted general use and purposes."
Ronald McDonald House of Cleveland's Tax Identification Number is: 34-1269123
Frequently Asked Questions and Answers About Planned Giving
Do I have to include my wish to leave a gift to a specific organization in my will?
To be certain that the group receives the gift, you should state your intention in your will. Without a will, you lose control over your belongings after your death. Your property and finances are settled according to state laws, whether or not they coincide with family wishes. Make sure when specifying a gift in your will that you use the official name of the organization. For example, though many people know what “Cleveland’s Ronald House” is, the registered name of the charity is the “Ronald McDonald House of Cleveland, Inc.”
Must I have an estate in order to leave a gift?
An estate is simply a word used to describe any property, money or personal belongings that you may have at the time of your death. Most people leave an estate when they die, even though they may not have a great deal of wealth. Anyone can arrange to leave a charitable gift from their estate when they pass away.
Who can help me arrange for a gift?
When contemplating a planned gift, working with an experienced professional can ensure that you receive maximum tax benefits while fulfilling your philanthropic wishes. If you are already working with a professional financial planner, lawyer, accountant or insurance agent, discuss with them your intentions to leave a charitable gift. Most can either help you directly or refer you to someone with experience in estate planning and/or charitable giving. If you do not have a relationship with a professional, please contact our office and we can provide some organizations for you to contact.
How do I leave a gift in memory or in honor of a person or for a specific purpose?
A gift is a wonderful way to recognize someone who has made a difference in your life or to thank an organization or person that helped you or your family. You may also want to give to a specific cause such as research or to a new building or program. This kind of memorial/honorarium gift can be arranged in your will, the same way that you would leave a personal gift from your estate. Just make sure that the language clearly states that the gift is given in memory or in honor of a particular person or for a specific use. If you would like to talk through current options for restricted gifts, please call Kelly Kleinschmidt at (216) 229-5757 x1129.
Do I tell the charity I’ve arranged for the gift?
This is up to you. Nonprofit organizations often like to know in advance so they can recognize your generosity. They also can help you direct your gift to a specific program that fits your intentions. Ultimately, it is entirely up to you as to whether or not you let the charity know of your decision to leave a gift.
What are my options if I want to leave a gift to the Ronald McDonald House of Cleveland?
Philanthropic gifts to the Ronald McDonald House of Cleveland can and do come in many forms. Of course, at any time you may make an outright gift of cash, appreciated securities or mutual fund shares, artwork, equipment or even real estate. If you are interested in additional flexibility in planning a gift to the House, you may also pledge a specific money amount that is payable over a mutually agreed upon period of time.
The Ronald House can also receive life income gifts either through charitable remainder trusts or the pooled income fund. Life income gifts allow the donor to receive income while making a gift to the House. Additionally, life income plans can offer an immediate income tax deduction. The charitable remainder unitrust and the charitable remainder annuity trust can be funded with cash or appreciated securities and structured to provide life income for the donor, with the Ronald House as the ultimate beneficiary. Charitable remainder trusts are individually managed by an external trustee designated by the donor.
All gifts to the Ronald McDonald House of Cleveland are used efficiently and effectively to continue the House’s important mission. Further, the Ronald House will continue as long as there are sick children who need their families near them while they receive serious medical attention. Whatever you decide, please know that your planned gift is a lasting tribute and testament to your commitment to philanthropy. Today, begin thinking about how you’d like to leave your legacy, and make a lasting and important difference in your community for many tomorrows.
For more information about our giving program, please email Kelly Kleinschmidt, Director of Development, or call (216) 229-5757 x1129.