Planned Giving

A Lifelong Trailblazer

Dr. Lora-Ellen McKinney

Dr. Lora-Ellen McKinney

Photo by Yuen Lui

Dr. Lora-Ellen McKinney knows that world-class cancer treatments require world-class research. As a volunteer member of Fred Hutch's Institutional Review Board (IRB), she evaluates the design and conduct of our clinical trials to make sure Fred Hutch research meets the highest standards.

In clinical trials, researchers must first glean information about how treatments work from small groups of patients, so it's imperative that patients in these trials reflect the diversity of the wider population as much as possible. Lora-Ellen believes in sharing medical breakthroughs with all, and her IRB role enables her to support clinical trials designed to include ethnically diverse participants.

Lora-Ellen's role in the IRB is an outgrowth of her lifelong work as a community-oriented trailblazer. Her wide-ranging career as a researcher, child clinical psychologist, policy analyst and hospital administrator working with at-risk children and minority patients taught her how diversity in research benefits health care. She even served as the first African American page in the Washington State Legislature.

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To devise brilliant methods to treat and prevent cancer, "you absolutely must have researchers willing to imagine and investigate crazy ideas, and Fred Hutch scientists do this incredibly well," Lora-Ellen says. "Fred Hutch gives hope," she says.

Lora-Ellen knows that innovation leads to hope and requires philanthropic support, which is why she is providing for Fred Hutch through a bequest in her will. Her gift will provide Fred Hutch with resources to engage African American participation in clinical trials for cancer and infectious diseases.

Support Future Cures

Discover flexible ways to support lifesaving research
Gifts in your will or living trust or beneficiary designations are simple ways to support the future of our lifesaving work while still providing for your loved ones.

Our Planned Giving team is available to assist you and your advisors without any obligation. Please contact us today at 206.667.3396 or at if you have any questions or would like additional information. We are happy to help you find the resources you need to help you plan.

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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