Our mission at Fred Hutch is urgent. To speed the start of more cures, we need partners who share our vision. One way you can build a legacy of support for lifesaving cancer research is by creating an endowment.
Endowments form a bedrock of permanent support that drives discovery at Fred Hutch. By design, endowments are sustainable resources, continually replenished by investment returns. As the most long-lasting and dependable sources of private funds, endowments offer our scientists a smart and strategic path to future breakthroughs.
You can endow a chair either in your name or a name of your choosing.
Gifts of any size, including estate gifts, can be directed to the general endowment, the returns from which are distributed to Fred Hutch’s areas of greatest need.
You can also create a named endowment in an area of interest and importance to you and your family. Options include:
For a gift of $2 million, you can endow a chair for a faculty member and help us recruit and retain the best researchers.
For a gift of $1 million, you can endow a named fellowship for one postdoctoral researcher and specify the area of interest.
For a gift of $250,000, you can support a specific program or area of research, such as one of our five scientific divisions.
For a gift of $100,000 or more, you can invest in center operations that accelerate research and the quest for cures.
As we work to eliminate cancer, it is our faculty who will drive us forward to cures. Endowed chairs help Fred Hutch recruit and retain the finest minds in the world — stars who lead truly transformative research.
An endowed chair provides long-term, sustainable funding that gives our faculty the freedom to take risks in their research and pursue uncharted paths of exploration. It is also one of the highest accolades faculty members can receive and publicly honors their contributions and achievements.
In support of our goal to expand the number of endowed faculty chairs, the Fred Hutch Board of Trustees has approved an unprecedented matching program: $20 million has been made available to match each pledge to establish endowed faculty chairs through June 30, 2020. This special initiative recognizes the strategic importance Fred Hutch leadership places both on supporting our talented faculty and on partnering with generous Hutch donors to recognize and catalyze their lifesaving work.
Through the initiative, a $2 million endowed faculty chair can be established with a donor’s first-time pledge of $1 million, complemented by an equal investment of $1 million from Fred Hutch. Matching funds will be drawn from income generated by the Hutch’s success in extending the reach of our scientific innovations through productive partnerships with the private sector, including the more than 30 spinoffs we have launched over the past four decades. As such, each match is a reinvestment that transforms our commercialization and business development efforts into direct support of a valued scientist.
Funded by the Edson Family
Funded by Unravel Pediatric Cancer
Funded by Matt and Carol McIlwain
Ensuring that your gift is used according to your wishes is our highest priority. All donors who establish a named endowment receive annual reports on their fund’s financial status. Endowed chair donors have opportunities to meet regularly with the researchers or program teams they support.
Your endowed gift of $50,000 or more will be recognized with a plaque at the tranquil Grace Fountain on the Fred Hutch campus. The Grace Fountain is named for Grace Heffernan Arnold, a tireless philanthropist in the Seattle community. She helped Dr. William Hutchinson launch the first nonprofit biomedical research organization in the Northwest, which was the predecessor to Fred Hutchinson Cancer Research Center.