Gift Options and Endowments
In addition to an outright gift of cash, there are many ways to support UW Medicine. Gifts of appreciated assets — stocks, bonds or real estate — may have special tax advantages for donors and the University of Washington, because the University does not pay capital gains tax when the donated asset is sold.
Some gifts can provide lifetime income to the donor or a beneficiary of the donor’s choice — including gift annuities, which provide a fixed income, and charitable remainder unitrusts, which provide variable income each year. Some donors designate UW Medicine as a beneficiary of retirement assets or life insurance, or they include a bequest to UW Medicine in their wills or revocable trusts.
Is now a good time to make an endowed gift?
Many donors are attracted to the permanence of an endowed fund, which ensures that a particular program or area of research will benefit over time. An endowed fund also generates increased funding over the long term. The earliest endowments established at the University of Washington have weathered many a financial storm and today are worth many more times their original value.
Now is an excellent time to make an endowed gift; asset prices are low, and there is potential for greater growth as market conditions continue to improve. In addition, the University’s spending policy will preserve the value of endowed funds, contributing to the potential for substantial growth over time.