Your Gift Can Last Forever
An endowment gift to support your favorite MultiCare program or foundation today provides a brighter picture for future of care in your community. When you make a donation to support 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 of the program or foundation you choose. The remaining funds are reinvested to ensure indefinite support.
You may support an existing MultiCare endowment, or you may also choose to create an endowment in your name or in the name of your loved one. Contact us for more information about creating a named endowment or to learn what current endowments are available.
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure the Mary Bridge Good Samaritan Children's Therapy Unit (CTU) continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.
Susan and Charlie make a $100,000 donation to the CTU Endowment, which we invest, and each year, a portion of the income from the invested money will be used to support the CTU in honor of the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
Learn how to fund it
You can use the following assets to fund a new endowment or give to an existing endowment:
Get free planning help
The MultiCare Foundations is proud to provide free and confidential estate planning services through Thompson & Associates for friends like you.
Not sure how to begin planning?Download a free personal estate planning kit
Ready for next steps?
- Contact our gift planning team at 253-403-3093 or firstname.lastname@example.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.
- Seek the advice of your financial or legal advisor. (Need an advisor? Look here for advisors familiar with MultiCare foundations and services.)
- If you include a MultiCare program or foundation in your plans, please use our legal name and federal tax ID number.
- 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!