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Dana-Farber Trustees plan for their families and the future with Charitable Gift Annuities
Like many other financially savvy donors who want to make a difference far into the future, some Dana-Farber Cancer Institute Trustees are embracing the opportunity to establish charitable gift annuities (CGAs). Given that payout rates are higher than they have been in a decade, and with Dana-Farber’s ambitious goal to grow the Dana-Farber Society to 2,000 members, they recognize that this is a great time to create a CGA.
Jim and Barbara Sadowsky are two of those Trustees. Just a few months ago, they set up a CGA with Dana-Farber. While this was a new way for Jim and Barbara to champion Dana-Farber’s mission, they have been dedicated supporters of Dana-Farber for over 45 years.
“We first became involved with Dana-Farber in 1977 when Barbara was diagnosed at the age of 27 with Hodgkin lymphoma,” Jim says. “The following year Barbara went into remission, and we started our journey to battle cancer on a larger scale.” Through a long-running golf tournament and culinary event, and as co-chairs of the Dana-Farber Society, the Sadowskys have helped raise millions since that time.
The Sadowskys knew CGAs were a simple way to make a big impact and saw how they could benefit. With increased payout rates, their financial advisor suggested now was a good time to make the gift.
“Completing the documentation was very easy and now we will enjoy the quarterly income,” Barbara says. “More importantly, Dana-Farber will benefit down the road. These CGAs and other planned gifts will help continue the incredible research and care benefiting our children and grandchildren.”
Fellow Dana-Farber Trustee, Sushil Tuli, also established a CGA. Tuli’s involvement with Dana-Farber began when his late wife, Rita, underwent treatment for colon cancer at another hospital. Rita spent many hours in an infusion center and, while she was treated well, Tuli wished she had a more comforting place to spend those hours. After Rita passed away, Tuli joined the Institute’s Board and later made a gift that named an infusion bay in Rita’s honor at Dana-Farber Cancer Institute – Chestnut Hill.
Tuli now feels a CGA is the perfect way to give, as it enables planning for his family in the future, as well as Dana-Farber’s future. With this gift, Tuli became a member of the Dana-Farber Society.
“I’m a true spokesperson for Dana-Farber,” Tuli reflects. “If Dana-Farber can save somebody’s life, they’re going to save it. There is no better institution than this.”
Create a CGA or other planned gift to support The Dana-Farber Campaign, our ambitious, multi-year fundraising effort to prevent, treat, and defy cancer. The Dana-Farber Campaign will accelerate the Institute’s strategic priorities by supporting revolutionary science, extraordinary care, and exceptional expertise. As a community, we have the power to create a more hopeful, cancer-free future—in Boston and around the world. Together, we can defy cancer at every turn. Learn more about The Dana-Farber Campaign and how you can get involved at DefyCancer.org.
