Gifts by Beneficiary Designation
Gifts You Can Make by Signing Your Name
Many assets can be used to make a meaningful gift to CHOP. You do not need to update your will; you can express your values simply by signing your name, and you have the flexibility to change your beneficiary designations at any time.
- RETIREMENT PLANS, including your IRA, 401(k), 403(b) or other tax-deferred plan. If you name CHOP as a beneficiary of all or some percentage of your retirement plan account, you can leave less heavily taxed assets to loved ones, and CHOP will receive 100% of your gift.
- LIFE INSURANCE POLICIES. You may decide to name CHOP a beneficiary of your life insurance policy if it’s outlived its original purpose and you no longer need the policy.
- CERTIFICATES OF DEPOSIT, BANK OR BROKERAGE ACCOUNTS, and other financial accounts. You can name CHOP the beneficiary of any of these financial accounts.
- DONOR-ADVISED FUNDS. You can designate CHOP to receive funds remaining in your donor-advised fund account after your lifetime.
With each of these gifts, simply ask your retirement plan manager or financial institution for the appropriate beneficiary designation form. You will need our legal designation:
Children’s Hospital of Philadelphia Foundation
Philadelphia, Pennsylvania
Tax ID # is 23-2237932
Have you included a gift to CHOP in your will or through a beneficiary designation? Please let us know by completing a simple form. We would be honored to express our gratitude, welcome you to the Lewis Legacy Society, and communicate with you appropriately.
For more information or to answer any questions you may have about gifts by beneficiary designation, contact Lizabeth Macoretta, Director of Planned Giving, at 267-426-6472 or MacorettaL@chop.edu.
