Planned Gifts: An Overview

There are many ways to make a planned gift to UW Medicine. In the chart below, we’ve listed some of the most common vehicles and how they can benefit you and your family.

If you have any questions, please consult your attorney or contact our planned giving officer, Mary Susan Wilson, at mswilson@uw.edu or 206.221.6172. Additional tools, including a planned giving calculator, can be found on the University of Washington’s planned giving page.

Gifts that pay you income

Type of Gift	Advantages to You	Beneficiary
Charitable Gift Annuity	Current income tax deduction Portion of payments may be tax-free Fixed and predictable payments	One or two annuitant beneficiaries UW Medicine is future beneficiary
Charitable Remainder Unitrust	Current income tax deduction No capital gain recognition on appreciated assets Diversification of investments Payments for life or term of years	One or more beneficiaries UW is future beneficiary
Pooled Income Fund	Current income tax deduction Income stream Diversification of investments Can be funded with smaller gifts	One or more beneficiaries UW is future beneficiary

Gifts the university can use today

Type of Gift	Advantages to You	Beneficiary
Outright Gift Tangible Personal Property Bargain Sale	Current income tax deduction See gift in action during your lifetime	UW is immediate beneficiary
Charitable Lead Trust	Potential gift tax savings on transfer of assets to individual beneficiaries	UW is immediate beneficiary You or your heirs are future beneficiaries

Gifts that take effect at death

Type of Gift	Advantages to You	Beneficiary
Bequest	Charitable deduction for taxable estates Allows you to make a large gift at no immediate cost to you	UW is future beneficiary
Life Insurance	Allows you to make a large gift at little cost to you	UW is future beneficiary
Retirement Plans	Avoids double taxation of assets UW applies the full amount of plan assets to the purpose you	UW is future beneficiary
Retained Life Estate	Current income tax deduction Estate tax savings Continued use of property (house) for life	You retain lifetime beneficial use of property UW is future beneficiary