Planned Giving

A Lifelong Passion

Yahn Bernier and Beth McCaw

Yahn Bernier and Beth McCaw

Fred Hutch File

Yahn Bernier and Beth McCaw view philanthropy as a family value. Since the earliest days of their marriage, they set up bequests to ensure that the charitable organizations they support will benefit after they are gone. Their goal is not only to help those causes but to send a message to future generations. They want to impress upon their young daughter the importance of giving as a lifelong passion. “We were given great gifts, but they’re just ours to hold for a very short period of time,” Beth says.

In 1998, they left budding legal careers in Atlanta to move to the Seattle area, where Yahn had an opportunity to try something completely different. He joined a small start-up company, Valve, to help design video games. Until then, it had just been a hobby for him, but he certainly had a knack for it: Valve today is one of the world’s leading video game producers. Beth continued her career as an estate-planning attorney, which brought her to the Washington Women’s Foundation and a network of Fred Hutch supporters.

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“We’re both fairly entrepreneurial people — we really love this spirit of innovation here at the Hutch,” she says. “Yahn and I both felt like medical research was an important thing for us to fund.”

Cancer research is close to their hearts. Beth’s mother is a breast cancer survivor, and Yahn’s mother died of complications from throat cancer. And the couple believes their Hutch involvement provides lessons to their 9-year-old: “We’re always looking for ways to engage our daughter in philanthropy and in science,” Yahn says.



A Gift in Your Will or Trust

Discover a simple but significant way to support lifesaving research

Find out why so many Fred Hutch supporters choose this gift option as a way to support tomorrow’s breakthroughs at Fred Hutch.

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By including a gift to Fred Hutch in your will or living trust, you make a plan today to support future breakthroughs after your lifetime.

If you are interested in supporting Fred Hutch's lifesaving work, consider a gift through your estate. It is a simple but powerful way to make a lasting impact. Contact our Planned Giving team at 206.667.3396 or at today for details.

A charitable bequest is one or two sentences in your will or living trust that leave to Fred Hutchinson Cancer Research Center a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

Bequest Language

"I give to Fred Hutchinson Cancer Research Center, a Washington nonprofit corporation located in Seattle, Washington, or its successor organization, the sum of $ _________ (or % of my estate), (or other personal property herein described) to be used for its general support and charitable purposes without restriction."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Fred Hutch or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support the mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Fred Hutch as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Fred Hutch as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Fred Hutch where you agree to make a gift to Fred Hutch and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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