How it works
A charitable remainder trust (CRT) allows you to receive income for a set number of years, or for life. The remaining assets go to your loved ones and causes you support, such as MLKCH. A CRT is a way to support our work while also taking care of your future. You’ll need to work with your attorney to create a CRT that fits your lifestyle and financial goals.
Sample gift language
To leave a percentage of your estate
I give and bequeath to MLK Community Health Foundation (tax ID #45-4433505), a not-for-profit organization located in Los Angeles California, _____ percent (%) of the rest, residue, and remainder of my estate as an unrestricted gift to be used at the discretion of its Board of Directors for the general purposes of MLK Community Healthcare, located in Los Angeles, California.
To leave a specific gift amount
I give and bequeath to MLK Community Health Foundation (tax ID #45-4433505), a not-for-profit organization located in Los Angeles California, a gift in the amount of $ _____ as an unrestricted gift to be used at the discretion of its Board of Directors for the general purposes of MLK Community Healthcare, located in Los Angeles, California.
To leave stock
I give and bequeath to MLK Community Health Foundation (tax ID #45-4433505), a not-for-profit organization located in Los Angeles California, _____ shares of stock of _____ Corporation as an unrestricted gift to be used at the discretion of its Board of Directors for the general purposes of MLK Community Healthcare, located in Los Angeles, California.
Our tax information
Full legal name
MLK Community Health Foundation
Address
1680 E. 120th Street, Los Angeles, CA 90059
Federal tax identification number
#45-4433505
