Endowed Gifts

Your Gift Can Last Forever

An endowment gift to Baltimore Washington Medical Center Foundation today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at the Foundation. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime Baltimore Washington Medical Center Foundation supporters Charlie and Susan have two goals: First, they want to make sure the Foundation continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to the Foundation, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact Susan M. Iaquinta at susan.iaquinta@umm.edu or 410-553-8556 to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include the Foundation in your plans, please use our legal name and federal tax ID.

Legal name: Baltimore Washington Medical Center Foundation
Address: 300 Hospital Drive, Ste 231, Glen Burnie, MD 21061
Federal tax ID number: Please contact us for our federal tax ID number.

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View and download your FREE copy of Endowments: A Never-Ending Legacy.

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Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit