Create an Endowment
The Power of Endowment
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.
Endow a Chair
You can endow a chair either in your name or a name of your choosing by making a gift in the following amounts:
Endowed Faculty Chairs
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.
A Special Matching Fund Initiative
In support of President and Director Dr. Gary Gilliland’s urgent call 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.
Current Endowed Chairs
Dr. Garnet Anderson
Fred Hutch 40th Anniversary Endowed Chair
Funded by 40th Anniversary Hutch Holiday Gala donors
Dr. Nancy E. Davidson
Raisbeck Endowed Chair for Collaborative Research
Funded by James and Sherry Raisbeck
Dr. Joachim Deeg
Miklos Kohary and Natalia Zimonyi Kohary Endowed Chair
Funded by Miklos Kohary and Natalia Zimonyi Kohary
Dr. Mark Groudine
Mark Groudine Chair for Outstanding Achievements in Science and Service
Funded by an anonymous donor
Dr. Geoffrey Hill
José Carreras/E. Donnall Thomas Endowed Chair for Cancer Research
Funded by Friends of the Jose Carreras International Leukemia Foundation
Dr. Hans-Peter Kiem
Stephanus Family Endowed Chair for Cell and Gene Therapy
Funded by Barbara H. Stephanus
Dr. Stephanie Lee
David and Patricia Giuliani/Oliver Press Endowed Chair in Cancer Research
Funded by Patricia and David Giuliani
Dr. David Maloney
Leonard and Norma Klorfine Endowed Chair for Clinical Research
Funded by Leonard and Norma Klorfine
Dr. Ulrike Peters
Fred Hutch 40th Anniversary Endowed Chair
Funded by 40th Anniversary Hutch Holiday Gala Donors
Dr. Effie Petersdorf
Madeline Dabney Adams Endowed Chair in AML Research
Funded by Howell and Madeline Adams
Dr. Nina Salama
Dr. Penny E. Petersen Memorial Chair for Lymphoma Research
Funded by James and Sherry Raisbeck
Matthew Trunnell
McIlwain Family Endowed Chair
Funded by Matt and Carol McIlwain
Dr. Cameron Turtle
Anderson Family Endowed Chair for Immunotherapy
Funded by Ric and Kaylene Anderson
Helen G. Edson Endowed Chair for Breast Cancer Research
Funded by the Edson Family
Jennifer Lynn Kranz, Unravel Pediatric Cancer Endowed Chair
Funded by Unravel Pediatric Cancer
Additional Endowment Opportunities
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:
Recognizing Your Gift
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.
Fred Hutch’s Management of Endowments
Endowment management is central to our strategy of providing a secure stream of research dollars. Fred Hutch’s endowment funds are professionally managed and operated under the authority of the Board of Trustees Investment Committee. The committee receives investment advisory services from top-tier, global financial consultants.
We pursue a smart, conservative strategy of asset allocation where consistent returns are emphasized over individual year results. In meeting that objective, our endowments will remain a robust engine for innovation and a permanent tribute to the generosity and vision of the donors who create them.
