1. Legacy Giving
  2. Endowed Gifts

Endowed Gifts

Your Gift Can Last Forever

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.

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

An Example of How It Works

Couple Smiling 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.

Free resources to help you plan

This comprehensive estate planning kit will help you protect loved ones, organize everything in one place and save on taxes.

Download My Kit

The MultiCare Foundations are proud to provide free and confidential estate planning services through Thompson & Associates for friends like you.

Estate planning services

The MultiCare Foundations have also partnered with FreeWill to offer you a secure, online estate planning tool that can help you write your legal will — entirely free of cost.

Write my will

Free resources to help you plan

The MultiCare Foundations are proud to provide free and confidential estate planning services through Thompson & Associates for friends like you. Learn more

The MultiCare Foundations have also partnered with FreeWill to offer you a secure, online estate planning tool that can help you write your legal will — entirely free of cost. Learn more

Next Steps

  1. Contact our gift planning team at 253-403-1264 or plannedgiving@multicare.org to discuss how you can create a new endowment or support an existing endowment with a gift now or through your will, trust or other legacy gift.
  2. Seek the advice of your financial or legal advisor. (Need an advisor? Look here for advisors familiar with MultiCare foundations and services.)
  3. If you include a MultiCare program or foundation in your plans, please use our legal name and federal tax ID number.
  4. If you have already named a MultiCare program or foundation in your plans to create an endowment, please let us know so we may work with you now to create an endowment letter of understanding to ensure we can carry out your wishes as intended. We'd also like to thank you for your gift!