School of Medicine

Wayne State University School of Medicine

Giving Opportunities


Why give to CapeWayne?

  • To help alleviate patient suffering as a result of fragmented healthcare, missed opportunities, and the misperception that end-of-life should be treated as a failure
  • To bring hope and opportunities of healing at the end-of-life to patients, their families, and caregivers
  • To help ensure that someone will not be alone, afraid, or in pain during this last, important chapter of his or her life
  • To promote collaborations between researchers and clinicians across various disciplines bringing evidence-based clinical training straight to the bedside
  • To help us continue educating healthcare professionals about the advances in palliative care practice, facilitating significant research and sharing what we have learned throughout our medical communities.

Your gift to CAPEWAYNE can help us do all of this and more!

 

Our Wish List:

$100,000  - Educate one physician through the palliative care fellowship program

$12,000 - Quarterly lecture series with qualified guest lecturer to educate physicians, medical staff and caregivers on advances in palliative care

$1,000 -  Fund a medical student to attend one major national palliative care conference

$500 -  Fund a medical student to attend one regional palliative care conference
 

Other areas that need your support

 

General Research including:
Investigation of dyspnea (breathlessness) in the terminally ill, which afflicts a majority of dying patients, particularly if they are dying from heart or lung disease. This is a frightening symptom that leaves the patient with a feeling of suffocation. Less is known about how to treat breathlessness compared to what is known about treating pain. Studies are needed to improve terminal illness care for patients who are breathless.
 

Endowments

Establish a named endowment to provide CAPEWAYNE with resources in perpetuity. Your gift of $25,000 (minimum) can create a scholarship in your name or that of a loved one to support medical students who wish to advance in palliative care training for the benefit of their patients and the community.

Other named endowment opportunities are available to support research, education and the advancement of the Center. Endowment resources help CAPEWAYNE attract highly knowledgeable and esteemed physicians and researchers to further our palliative care mission. For more information, please contact Patty Paquin in the WSU School of Medicine development office at (313) 577-0026 or ppaquin@med.wayne.edu.

 

Ways of Giving

 

A carefully planned gift also can benefit you and your family. Your tax savings can be substantially increased, and some planned gifts can provide income for your lifetime or the lifetime of another individual.

A cash gift or check can be used immediately in the areas to which it is designated or a perpetual endowment can be established with gifts or pledges of $25,000 or more. This type of fund generates an annual income for a purpose designated by the donor—a program, faculty, and student support.

Publicly traded stocks or bonds make excellent gifts and can be transferred easily to Wayne State University. If the securities have appreciated, you not only receive the benefit of the full fair market value as a charitable income tax deduction, but you also avoid the capital gains tax if you have owned the securities for more than one year. For assistance with a stock transfer, please contact Patty Paquin (313) 577-0026, ppaquin@med.wayne.edu.

A bequest in a will or trust stipulates that the entire amount or a percentage of your estate be given to the university after your lifetime. Your bequest may be designated to a specific program, a faculty endowment or scholarships , or it may be unrestricted and used where needed most. Gifts from our estate to Wayne State University are exempt from estate tax.

Life-income gifts provide income to a donor and/or another individual, such as a spouse. The donor realizes income tax savings for the year the gift is given to the university. A charitable gift annuity, for example, provides a guaranteed income for a spouse or other loved one, and a deferred income gift annuity provides you with additional retirement income. At the end of the beneficiary’s lifetime(s), the remainder is transferred to Wayne State University.

Retirement fund assets would be heavily taxed if given to an individual. After your lifetime, the remainder of our retirement fund can be assigned to Wayne State University as an unrestricted gift or designated for a program, faculty endowment, or student scholarships.

Life Insurance, in the form of an old policy no longer needed by the original beneficiary or a newly created policy to benefit Wayne State, can be a helpful investment in the university. Small premiums now can generate a major gift in the future, and premiums for these policies may be tax deductible. Many employers provide group life insurance as a benefit, and Wayne State can be named for a portion of proceeds. This giving vehicle is an important one for younger donors who wish to make a leadership gift.

Charitable lead trusts provide income to WSU over a set number of years and tene transfer assets to children or other individual(s) named by the donor. This plan enables heirs to receive assets while minimizing taxes.

Other assets that may make helpful gifts while saving taxes include real estate (subject to university approval) closely held stock, business practices (law, medicine, etc.), partnerships, contracts, leases, royalties, and patents

 

Please indicate CAPEWAYNE on the memo line of your check and mail to:

Patty Paquin, CFRE
Wayne State University School of Medicine
Development and Alumni Affairs
550 E. Canfield, Rm. 324
Detroit, MI 48201
ppaquin@med.wayne.edu
 

Gifts may also be made with a Visa or Mastercard. To make a gift by phone or if you have further questions, please call Patty Paquin at (313) 577-0026 and she will be happy to help you.