An endowment gift to a MultiCare program or foundation today provides a brighter picture for our future and the future of care in our community. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at a MultiCare program or foundation. The remaining funds are reinvested to ensure indefinite support.
An Example of How It Works
Longtime supporters of a MultiCare program or foundation, Charlie and Susan have two goals: First, they want to make sure a MultiCare program or foundation continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.
Charlie and Susan make a $25,000 donation to a MultiCare program or foundation, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.