Those two are possibilities. And no reason to have just two.
You could set up a scholarship endowment at a college/university or at your local high school (or where you graduated). The advantage of setting it up at the HS is that you can broaden the scope to cover tech schools and trade apprenticeships or you could narrow the scope to specific career fields you are passionate about. That could really make a difference in a young person's life and get them started with little/less debt. Or if you do not want your kids to have to be involved in granting the funds, consider mikeroweworks.org and have them grant scholarships to help students (of any age) to get training in the trades.
If you are a member of a church, you might create an endowment to have a "loaves and fishes" offering/fundraiser every year. One Sunday, a basket is passed with bills of different denominations and attendees take money OUT of the basket. Then a few weeks later, there is a "fair" where those people either sell items that they made (baked, etc) with that money or turn in the profits from what they used that money for (as in, bought gas to power a lawn mower to mow lawns, bought a sander and then refinished furniture. printed up business cards for a cleaning/babysitting service). That may help not only the church budget but also help those who cannot afford to donate annually to contribute to the church.
But going back to your original question. My daughter/family has stayed in all of the Ronald McDonald Houses in Phoenix because of their son with many medical challenges (the end is finally in sight for some of them). They were even the RMH Arizona poster family one year. The families who stay get one room (no matter how many family members) and are asked to contribute $50/night, if they can afford it (or insurance picked up the tab). But some families are financially devastated by the medical costs for their child and stay free. The RMH's are run separately in each state (municipality?) so you may need to be more specific on where your donation goes.
Another variation of the RMH is the Fisher House Foundation. It is specifically for military families, military retirees and veterans. The home-like facilities are near many military hospitals and VA hospitals - and it is for any age of patient for their families to stay while they get care. Some places like near Bethesda have families that may be there for literally months (the family can include the parents of an adult patient too). And Fisher House is very highly rated by charity watchdog organizations.
Or, you did not say what the medical condition is but, especially if it could be inherited, leave money for research to find out a cure, or to at least extend quality of life.
All the best in your journey.
You could set up a scholarship endowment at a college/university or at your local high school (or where you graduated). The advantage of setting it up at the HS is that you can broaden the scope to cover tech schools and trade apprenticeships or you could narrow the scope to specific career fields you are passionate about. That could really make a difference in a young person's life and get them started with little/less debt. Or if you do not want your kids to have to be involved in granting the funds, consider mikeroweworks.org and have them grant scholarships to help students (of any age) to get training in the trades.
If you are a member of a church, you might create an endowment to have a "loaves and fishes" offering/fundraiser every year. One Sunday, a basket is passed with bills of different denominations and attendees take money OUT of the basket. Then a few weeks later, there is a "fair" where those people either sell items that they made (baked, etc) with that money or turn in the profits from what they used that money for (as in, bought gas to power a lawn mower to mow lawns, bought a sander and then refinished furniture. printed up business cards for a cleaning/babysitting service). That may help not only the church budget but also help those who cannot afford to donate annually to contribute to the church.
But going back to your original question. My daughter/family has stayed in all of the Ronald McDonald Houses in Phoenix because of their son with many medical challenges (the end is finally in sight for some of them). They were even the RMH Arizona poster family one year. The families who stay get one room (no matter how many family members) and are asked to contribute $50/night, if they can afford it (or insurance picked up the tab). But some families are financially devastated by the medical costs for their child and stay free. The RMH's are run separately in each state (municipality?) so you may need to be more specific on where your donation goes.
Another variation of the RMH is the Fisher House Foundation. It is specifically for military families, military retirees and veterans. The home-like facilities are near many military hospitals and VA hospitals - and it is for any age of patient for their families to stay while they get care. Some places like near Bethesda have families that may be there for literally months (the family can include the parents of an adult patient too). And Fisher House is very highly rated by charity watchdog organizations.
Or, you did not say what the medical condition is but, especially if it could be inherited, leave money for research to find out a cure, or to at least extend quality of life.
All the best in your journey.