A Gift with the Future in Mind
McLean Hospital is named for John McLean, a Boston merchant who was renowned for the dependability of his word. Upon his death in 1823, his will designated the hospital as a major beneficiary of his estate.
The John McLean Society honors donors who have remembered the hospital in their will or made a life income gift to the hospital.
If you are one of the many people who have included McLean Hospital in your will or trust, thank you. Each year, legacy gifts – which reflect the foresight and commitment of our dedicated supporters – help McLean fund cutting-edge research, offer the best in treatment and train the next generation of outstanding professionals.
The pursuit of progress in research, treatment and training requires a partnership between McLean and those who understand that philanthropy is an investment in quality of life. A brighter future for those with mental illness depends both on the work of dedicated scientists, who invest their lives in search of greater understanding and improved treatments, and the generosity of individuals who support that research.
Whether you give now or plan to give through your estate, your philanthropic partnership is appreciated by individuals and families worldwide who benefit from McLean’s innovative research.
If you have included McLean in your estate plans but have not informed us, won’t you consider letting us know so we can thank you personally?
Life Income Gifts
A donor can make a gift to McLean and receive immediate financial benefits, including a lifetime stream of income and a charitable income tax deduction. There are several gift vehicles to choose from, such as charitable gift annuities, deferred gift annuities, the McLean pooled income funds and charitable remainder trusts. Life income gifts may be designated to benefit any department or program at McLean, or may be made unrestricted to be used where most needed.
Most Life Income gifts offer the following benefits:
- an income for life to the donor and a second beneficiary, if desired
- a charitable income tax deduction
- a reduction or avoidance of capital gains taxes
- savings on estate and gift taxes
- professional investment management
We would be pleased to provide personal financial projections to donors and professional advisers.
An Endowment gift is invested by McLean so as to both preserve the principal and generate income. The income generated supports the purpose of the fund as specified by the donor. A minimum contribution of $25,000 will establish a fund.
We would like to assist you or your financial advisor in any way we can. Please contact us by email (McLeanDevelopment@partners.org) or call 617.855.3415.