Stories: Bill and Dorie
“ Our way of showing appreciation.”
Bill and Dorie Clancy turned an unthinkable tragedy into an enduring legacy. After losing their 24-year-old son, Patrick to Hodgkin’s lymphoma in 1990, they established an endowment that pays tribute to him while supporting valuable cancer research at the Swedish Cancer Institute (SCI)—truly a gift that keeps on giving.
“We were so grateful to the radiologists, doctors, nurses and others who treated Patrick and provided support,” says Dorie. “The endowment was our way of showing our appreciation.” Its Bill and Dorie’s hope that, “Over time, research will help provide better answers to how cancers can be not just treated, but avoided.”
Today, more than 25 years later, the Clancys continue to fund the endowment, and its important mission, through gifts of stock.
Like others who give appreciated securities in lieu of cash, Bill and Dorie learned that such gifts may provide tax benefits, including bypass of capital gains..
A gift of appreciated securities in lieu of cash may provide you with tax benefits. For instructions on how to transfer securities, download the stock transfer form or contact Sue Hoffman at 206-386-2741 for more information. Your tax advisor will be able to answer questions about your specific tax situation.