A Gift Beyond Measure.
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“Whatever you did for one of the least of these brothers and sisters of mine, you did for me.” – Matthew 25:40
The Booth-Davis Society is a sustainable giving program that recognizes individuals who make financial provisions in their estate plans to support the Clinic’s mission for generations to come. The Booth-Davis Society is named in honor of the Clinic’s esteemed founders, Dr. Arthur S. Booth (1940-2016) and Dr. Charlie Davis.
Your Gift Can Last a Lifetime – And Save the Lives of Others.
There are many creative ways to support the Barrier Islands Free Medical Clinic; The Booth-Davis Society is one such way. Become a member: With your planned gift, you can create a lasting contribution to the Clinic which will enhance the health and livelihood of the people in the community you love so much.
How It Works
- Include a gift to the Barrier Islands Free Medical Clinic in your will or trust. Consult your tax advisor or estate planning attorney to proceed with arrangements.
- Make your bequest unrestricted or direct it to a specific purpose.
- Indicate a specific amount or a percentage of the balance remaining in your estate or trust.
- Tell us about your gift so we may celebrate your generosity now.
- Your assets remain in your control during your lifetime.
- You can modify your gift to address changing circumstances.
- You can direct your gift to a particular purpose (be sure to check with us to make sure your gift can be used as intended).
Sample Gift Language for your Will or Revocable Living Trust
A gift to Barrier Islands Free Medical Clinic in your will or revocable trust enables you to support our mission, and make a difference in the lives of future generations.
- is easy to arrange.
- will not alter your current lifestyle in any way.
- can be easily modified to address your changing needs.
Residual Gift Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to Barrier Islands Free Medical Clinic (Tax ID #20-5628911), located in Johns Island, SC, all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
Specific Gift Language
Naming Barrier Islands Free Medical Clinic as a beneficiary of a specific amount from your estate is easy:
I give and devise to Barrier Islands Free Medical Clinic (Tax ID #20-5628911), located in Johns Island, SC, the sum of $_________ (or asset) to be used for its general support (or for the support of a specific fund or program).
Contingent Gift Language
Barrier Islands Free Medical Clinic or its affiliates can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert name) is not living at the time of my demise, I give and devise to Barrier Islands Free Medical Clinic (Tax ID #20-5628911), located in Johns Island, SC, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or program).
Retirement Plan Beneficiary Language
You may name Barrier Islands Free Medical Clinic (Tax ID #20-5628911) as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.
Naming Barrier Islands Free Medical Clinic as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming Barrier Islands Free Medical Clinic as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support Barrier Islands Free Medical Clinic free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change-of-beneficiary form from your plan administrator. When you have finished, please return the form to your plan administrator and notify Barrier Islands Free Medical Clinic. We can also assist you with the proper language for your beneficiary designation to the Clinic.
Interested in learning more or speaking to a representative of the Clinic? Please fill out the form below with your preferred method of contact, and someone will get back to you shortly.
DISCLAIMER: The information contained herein is not to be construed as tax or legal advice. Should you consider helping us with this program, we advise you to please consult your tax advisor or estate planning attorney to make certain this program meets your specific needs. Please be advised that any advice contained herein is not intended to be used for the avoidance of any tax or penalty that might be assessed related to this matter.