Just my 2 cents for what it's worth. But as a disclaimer, I am torn on this thought. I am not so sure an instrument like this should go to a child. And my reason for saying this is, there is something to be said for a young person to feel the pain, and grow up wanting something enough to go through the years yearning for it to a point they work their butts off to someday achieve that dream. Also, the fact that something with great value could be sold, and several less expensive instruments be purchased with that same money and make several children's young dreams come true. Imagine what $1000 could purchase less expensive ukes to outfit several kids that would otherwise not have the means to play anything. When I was 14, I played the bass. I wanted a Rickenbacker bass I saw hanging on the wall of a music store badly. I didn't come with a silver spoon in my mouth, and my parents as hard working as they were, never could have afforded to buy me an instrument like that. I worked my tail off for over a year to buy that BASS. I bought it before I was 16 years old with my own sweat and tears. It was a huge investment back in the 1970s (over $800 at that time) that many grown men would have to work a month to buy for themselves. I had a huge appreciation and love of that Bass because what it cost me in sweat to obtain it. Now that said, my daughter has had the opportunity to play her Gibson Les Paul since she was 12. Even though she had been playing since she was 7, And she tore up all her toys and things with the exception of a cheap guitar she started with. She babied her guitar like it was made of gold. Broken toys and things all over her room, but her cheap guitar stood in the corner when it wasn't in her hand like it was a monument. I gave her her Gibson when she was 12, even though I felt it was wrong, but she did put in the years and the guitar was a passion since she was 7, so I did. Even though she also still plays that Gibson at 19 like a rock star, and babies it. I still think that maybe I should have made her buy her own, and work for it. She loves the guitar because it was a project when I got it, and me and her slaved over it restoring it, so I felt she did work for that guitar. And this is just another reason why she respects and loves it, because it was something we built together when she was young. But, it's hers, and she worked for it.
But at any rate. This is a huge gesture and whom ever is blessed with it, I just hope they appreciate it not just as an expensive instrument, but a token of how mankind should be, and that they pay it forward. God Bless the OP.