Support Mayo Clinic's Work After Your Lifetime

Passionate about supporting Mayo Clinic even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name Mayo Clinic as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will — which makes this approach an easy way to give. 

Not only is it an easy way to give, but it's also flexible — you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want. The process will forever tie your name to Mayo's mission of providing the best possible care to those in need.

Have you made a qualifying gift to Mayo Clinic? Let us know here.

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An Example of How It Works

Couples smiling

Robert and Carol treasure the financial help they've been able to give their children and Mayo Clinic over the years. The couple recently updated their will to leave stocks and real estate to their kids. They left Mayo Clinic a $75,000 IRA to be transferred following their lifetime. Because Mayo Clinic is tax-exempt, all $75,000 will help support our mission.

If Robert and Carol had left the IRA to their children, approximately $18,000* would have gone to pay federal income taxes — leaving only $57,000 for their family's use. Robert and Carol are happy knowing they are making the most of their hard-earned money thanks to their updated estate plan.

*Based on an assumption of a 24 percent marginal income tax bracket.

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Want to learn more about making tax-wise gifts? Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.

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You can make a big difference with just a little effort by including a gift to benefit Mayo Clinic your will or living trust. Learn more in our free kit Transforming Care With a Gift to Mayo Clinic.

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Not Sure How to Begin Planning?

This comprehensive estate planning kit will help you protect loved ones, organize everything in on place and save on taxes.

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Next Steps

  1. Contact the Mayo Clinic Office of Gift Planning at giftplanning@mayo.edu or 800-297-1185 for additional information on beneficiary designations and how they can help support Mayo Clinic with our mission.
  2. Talk to your financial or legal advisor to learn which assets may trigger taxable income when paid to a beneficiary.
  3. If you name Mayo Clinic in your plans, please use our legal name and federal tax ID.

Legal Name: Mayo Clinic
Address: 200 First Street SW, Rochester, MN 55905
Federal Tax ID Number: 41-6011702