Bequests and Wills

Remembering Memorial Sloan Kettering in Your Estate Plans

A bequest is a gift through your will or living trust that costs you nothing now but provides support to us after your lifetime. Bequests offer flexibility and can be structured to fit your personal situation. The gift is revocable, so you can change your mind at any time should your circumstances change.

You can make a bequest of cash, marketable securities, real estate, or personal property such as art or jewelry. In many cases, a bequest can reduce the taxes that would be levied against your estate, in the same way that donations during your lifetime entitle you to charitable income tax deductions.

Three Types of Bequests

Outright Bequests
An unrestricted or outright bequest assures that your gift will be directed by the Center's leadership to meet our most pressing needs. You may also designate your gift for a special purpose or program within the scope of the Center's mission. You can restrict the use of principal, income, or both. See sample wording.

Residuary Bequests
Residuary bequests help you to balance the needs of your heirs with your desire to provide for the future of the Center. Through such a gift, a fixed amount or a percentage of your estate is reserved to provide for your heirs first. Any remainder or residue, or a percentage thereof, is then passed on to the Center. See sample wording.

Contingent Bequests
A contingent bequest results in a gift to MSK only under the circumstances you describe, such as the death of your primary heirs. By naming the Center as a contingent beneficiary, you can determine the disposition of your estate despite changing circumstances. See sample wording.

Learn More

See how you can make a difference with a gift in your will.

View my guide

Next Steps

  1. Obtain legal help before establishing any type of will provision.
  2. Contact our Office of Planned Giving staff for information or assistance. Notifying us of a bequest intention allows us to thank you and make sure we have a clear understanding of your plans. It also gives us an opportunity to welcome you into the Cullum Society. Your notification will be treated confidentially, if you so desire. Toll free: 800-688-1827
    E-mail: plannedgiving@mskcc.org
  3. Please use our legal name, address, and Federal Tax ID if incorporating the Center into your plans:

Legal Name

Memorial Sloan Kettering Cancer Center
1275 York Avenue, New York, NY 10065

Federal Tax ID #

13-1924236

Contact Us

Our staff is available to help, in confidence and without obligation.

Toll free: 800-688-1827
E-mail: plannedgiving@mskcc.org

If you have included MSK in your estate plans, please let us know.