Do you want to help Fred Hutch in the fight to end cancer and related diseases — and save lives — but you aren't interested in giving up control of your assets today? A simple, flexible and versatile way to ensure we can continue our lifesaving work for years to come is through a gift in your will or trust, also known as a charitable bequest.
A charitable bequest is one or two sentences in your will or living trust that leave to Fred Hutch a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.
By including a gift to Fred Hutch in your will or trust, you make it possible for us to bring the next cures from the laboratory into the clinic. Your gift also entitles your estate to an unlimited federal estate tax charitable deduction.
A Lifelong Trailblazer
Dr. Lora-Ellen McKinney knows that innovative cancer treatments lead to hope — and require philanthropic support. This is why she has included Fred Hutch in her will. Read her story.
A Lifelong Passion
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.
See How It Works
Learn How to Fund It
You can use the following assets to fund a bequest:
Seek the advice of your financial or legal advisor.
If you include Fred Hutch in your plans, please refer to our sample bequest language and use our legal name and Federal Tax ID.
Legal Name: Fred Hutchinson Cancer Research Center Address: 1100 Fairview Ave. N., Mail Stop J5-200, Seattle, WA 98109 Federal Tax ID Number: 23-7156071
If you are interested in supporting a specific project, program or area of research, it is best to discuss your plans with our Planned Giving team before completing your gift to confirm Fred Hutch can meet your wishes.
Learn more about making tax-wise gifts.
Ready to start planning today?
Learn how you can make a big difference with just a little effort.
Learn more about the many benefits of a charitable gift annuity.
Discover which type of charitable trust fits your estate plan.
Learn more about the many ways to give real estate.
Learn how you can establish a legacy of support.
Want to learn more about donor advised funds?
Want to learn more about this simple gift?
Ready to take advantage of this tax-smart gift opportunity?
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
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
"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 gift 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 receive an immediate federal income tax charitable deduction. 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 receive an immediate federal income tax charitable deduction. 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.