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Brian Hyde and his partner of 40 years, Joe Fiorello, would like their gratitude to McLean to be evident long after they are gone. That’s why they decided that making a planned gift was the best way to ensure that their contribution will create impact for the long term.
Planned gifts can be made in many different forms: Hyde and Fiorello chose a charitable remainder unitrust (CRUT)—funded by personal property—which provides the pair with income while they’re still living.
Hyde, a retired real estate investor, said that the gift is a thank you to McLean for the excellent care he received in 2009 for depression and borderline personality disorder. “The treatment I received at McLean was exceptional,” he said.
While many donors choose to make their gifts unrestricted, Hyde said he’d like his and Fiorello’s gift to be directed to support three areas: borderline personality disorder, major depression, and LGBTQ issues.
Over the past decade, McLean has received more than $6 million in planned gifts and bequests, ranging in value from $1,000 to more than $1 million. Options for making a planned gift to McLean include bequests, charitable gift annuities, charitable trusts, life insurance, retirement plans, and tangible property.
“We are so grateful to Brian and Joe for this very generous gift and endorsement of our work,” said McLean President and Psychiatrist in Chief Scott L. Rauch, MD. “It’s a legacy that truly expresses their values.”