Planned Giving

What will your Legacy be?

Planned gifts provide creative and flexible strategies for your estate and charitable planning. Some planned gifts provide you with income. Many of them can reduce your taxes. The greatest benefit, however, lies in knowing you are supporting work at the University of Washington that is important to you and helpful to others.

Whatever inspires you, whatever drives you – you can make a difference by supporting the University of Washington with a bequest directed at any purpose, program, school or college. By including the UW in your estate plans, you will help to promote new ideas and create the next generation of leaders, thinkers and doers, benefiting our way of life here in the Northwest and beyond.

We’d be happy to discuss your options with you or your adviser. For more information or to schedule a time to meet, please contact us.

Gifts that pay you income

Gift CalculatorWith planning you can receive an immediate income tax deduction, provide yourself or someone else with an annual income and support the University of Washington in a meaningful way.

Charitable Gift Annuity

In exchange for a gift of cash, stocks or bonds, the University will pay you or a loved one a fixed income for life. The payments are based on the amount of the gift, whether one or two individuals will receive payments and those individuals’ ages when the annuity is created.

Charitable Remainder Trust

You and the University enter into a trust agreement. You contribute assets to the trust for a purpose you designate, the UW manages the trust’s assets for your benefit and you receive income from the trust each year for life or a term of years. When the trust ends, the remaining trust assets benefit the purpose you have chosen.

Pooled Income Fund

Your gift to the UW’s pooled income fund is combined with the contributions of others. You receive annual payments based on the fund’s performance and your share of the pool. At your death the UW withdraws your share of the fund’s assets to support your chosen purpose.

Gifts the university can use today

There are many gifts in addition to cash that the UW can put to work today. These offer tax benefits (such as an income tax deduction) and the opportunity to support current programs, establish or add to an endowment or provide funding for capital improvements.

Outright gifts

You can make an outright gift of real estate, publicly traded securities, closely held stock, a paid up life insurance policy and other property of value.

Tangible personal property

The UW encourages gifts of tangible personal property, such as artwork, books, manuscripts, coin and stamp collections, boats and airplanes.

Bargain Sale

If you sell an asset such as real estate to the UW for less than its current fair market value, you will make a “bargain sale” gift. The difference between the fair market value and the sale price constitutes a charitable gift.

Charitable Lead Trust

Gift CalculatorA lead trust makes payments to the UW for a designated period of time to support the purpose you choose. When the trust ends, the remaining assets are paid to you or other beneficiaries. A lead trust helps the UW now and can reduce the tax cost of transferring valuable assets to family members.

Gifts for the future

These deferred gifts ensure that future generations will benefit from your generosity and legacy.

Bequests

You can include a gift to the UW in your will or trust.

Retained Life Estates

You can contribute your residence, vacation home or farm now, while retaining the right to use and occupy the property for life. At your death the UW will own the property in its entirety.

Life Insurance or Retirement Assets

You can name the UW as the beneficiary of a life insurance policy or your retirement account or IRA and direct your future gift to the school, college or program of your choice.

What can be donated?

Real estate

Do you own property that is fully paid off and has appreciated in value? You can deduct the fair market value of the property, avoid all capital gains taxes and remove the asset from your taxable estate. You can also give a personal residence (including a vacation home) or a farm to the UW and live there just as you do now.Learn more about gifts of real estate. Also see our Retained Life Estates brochure (63k pdf).

Life insurance

You can donate a life insurance policy — or simply name the UW as a beneficiary. Such a gift may help you make a larger gift than you otherwise could. Learn more about gifts of life insurance.

Retirement plan assets

Coordinating retirement planning and charitable giving can be especially beneficial if you’ve accumulated substantial retirement assets and want to reduce income and estate taxes.  See our Gifts of Retirement Plan Assets brochure.

Securities

Securities, if they have appreciated, are excellent assets for charitable gifts. These include shares of stocks, bonds or mutual fund units. Learn more about gifts of securities.

Cash

Gifts of cash are perhaps the easiest to make. Charitable Gift Annuities and Charitable Remainder Trusts may be funded with cash. Questions about cash options for Planned Giving?

If you wish to make a one-time cash gift, you can mail a check to:
The University of Washington Foundation
Box 359504
Seattle, WA 98195-9504

Please make your check payable to the University of Washington Foundation and indicate which fund or program you wish to support. Or you can make a gift online.

UW Planned Giving staff

Planned Giving staff members work closely with you and your advisers to ensure your gift will support your educational purpose. Please feel free to call, e-mail or write. We will be in touch soon. Click on a name for an e-mail connection, call 206-685-1001 or 800-284-3679 or use this e-mail address.

Albert Thurmond, J.D.
Director for Planned Giving

Cristina Bailet
Associate Director for Planned Giving

Elizabeth Hikida
Manager for Estates

Marcie Hinthorne, J.D., M.B.A.
Associate Director for Planned Giving

Amy Scott
Associate Director for Planned Giving

Mary Susan Wilson, J.D.
Associate Director for Planned Giving

Rich Thorvilson, CFP
Associate Director for Planned Giving

Samantha Williamson
Advancement Specialist

Office for Planned Giving

4333 Brooklyn Ave NE
Box 359515
Seattle, Washington 98195-9515
Send an E-mail
206-685-1001, (Fax: 206-221-2966)
1-800-284-3679

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