Planned Giving

Inspiring Hope Through Your Plan

Carole and Milt Olson

Carole and Milt Olson

Losing a sibling one deeply loves can be a very strong motivator for taking action, and for Carole Olson, losing her sister to lymphoma was the beginning of her commitment to help find a cure for cancer.

Over twenty-four years ago, Carole had hoped to save her sister Sandra by being her bone marrow donor. Unfortunately, Sandra passed away at age 39 before the bone marrow transplant treatment could be done.

Since then, Carole and her husband Milt have given tribute gifts for her sister, become annual donors and included Fred Hutch in their estate plans. Carole said she hopes that the Hutch will find a cure for lymphoma as well as other cancers that have affected her family.

Carole and Milt have attended various educational events at the Hutch, whose roots are also founded in sibling love. Dr. William Hutchinson founded the Fred Hutchinson Cancer Research Center in memory of his brother Fred, a major league baseball player and manager, who also died in his 40's.

Carole remarked, "Every time we're able to attend a luncheon or lab crawl, we are amazed at the latest research going on and what type of cancer it is helping. The brain power at the Hutch is amazing and inspirational, giving us all hope that cures will be found in our own lifetime."

A Gift That Honors a Life

We Can Help

Please contact us today. We are happy to help you find the resources you need to help you plan.

Phone: 206.667.3396
800.279.1618

Email: plannedgiving@fredhutch.org

Discover a meaningful way to extend your impact.

A gift through your estate plan to Fred Hutch in honor or in memory of a loved one will support a critical need to fund future ideas and innovations in research as they emerge — accelerating our ability to prevent, detect and treat cancer and related diseases.

Make a lasting tribute to your loved one while supporting the Hutch's lifesaving research.


Learn More

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 plannedgiving@fredhutch.org 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.

Personal Estate Planning Kit Request Form

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eBrochure Request Form

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