The Ederer Family
The Ederer Family
"Seattle Children's is an unbelievable resource for our community," says long-time supporter and legacy donor Dan Ederer. The ties between the hospital, Dan and his family run deep: Dan's children have been treated at the hospital and his mother Janice served on the Guild Association board. After she passed away from a brain tumor, Dan, his sister Deanne and father David established the Janice Ederer Endowment for Pediatric Neurology.
"The endowment is a long-term celebration of my mother's memory," says Dan. The total has grown to nearly $800,000. "It's been great to watch it grow over time. I feel it's making a bigger impact and that encourages me to give more."
He also strongly supports uncompensated care. "I can't imagine being a parent and not being able to pay for care my child needed. I feel privileged I have the means to pay for my children's care. As a person of means it's my responsibility to contribute."
Dan is especially proud that his children have embraced the family tradition of philanthropy. "My eight-year-old daughter started a guild called Children 4 Children's. My family and I are all members. It's a great way to teach our children to help others who may not have the same opportunities we do. My daughter held a garage sale and it's as thrilling for her to give the proceeds as it is for us to give to our endowment."
One way the Ederer family maximizes their endowment giving is through life insurance. Years ago, they purchased a policy with low payments now that will create a $400,000 gift in the future. "We'd been doing other estate planning at the time and thought we'd love to make a bigger gift to the hospital," says Dan. "Life insurance is an easy way to increase my mother's endowment."« Back
This is not professional tax or legal advice. Donors must consult their tax and legal advisors regarding their specific situation.