Ways to Give
Winneshiek Medical Center’s mission is to deliver the highest-quality health care to the people of our region, while improving technology and expanding services. This goal would not be possible if not for the generous support from our community. Following are descriptions of the many ways you can invest in the future of our community’s health care.
Winneshiek Medical Center Foundation offers an opportunity to give unrestricted gifts through the Annual Fund. The Annual Fund supports patient education initiatives, technology updates, and efforts to recruit and retain knowledgeable and caring staff. For more information on the Winneshiek Medical Center Foundation Annual Fund, contact the foundation coordinator at 563-382-2911.
|Benefactor||$5,000 and above|
|Investor||$2,500 – $4,999|
|Associate||$1,000 – $2,499|
|Patron||$500 – $999|
|Sponsor||$250 – $499|
|Friend||$100 – $249|
|Donor||$25 – $99|
The Winneshiek Medical Center Foundation has two endowment funds with the Community Foundation of Northeast Iowa. These permanent funds support the ongoing needs of the work at the Winneshiek Medical Center. Contributions to our endowment funds are eligible for a 25% state tax credit in addition to the federal tax deductions.
Memorial and Honor Gift Programs
When a family member or dear friend have been touched by the excellent medical care available through Winneshiek Medical Center, you might consider honoring the life of your loved one, by making a memorial gift through Winneshiek Medical Center Foundation. Your gift can be designated to the program of your choice and will be used to serve those who come to us in need of compassionate care. The legacy of your loved one will touch lives and serve others in need.
A gift in memory included in your will can extend your personal influence beyond your lifetime, while continuing to provide ongoing support for the services at Winneshiek Medical Center. Whether in sympathy, as a living memorial or in honor of a birthday or other special occasion, your gift will thoughtfully demonstrate a loving concern for all who look to Winneshiek Medical Center for care – now and in the future.
The most common forms of giving are annual gifts of cash or securities. Planned gifts provide donors with a way to make larger gifts than they thought possible.
Many gift-giving tools help fulfill charitable wishes while enhancing the donor’s or their loved ones’ financial security. Types of planned gifts include bequests, life income gifts (such as charitable gift annuities and charitable remainder trusts), retirement plans and life insurance.
Will or Trust Bequest
A bequest through a person’s will or trust is a simple, yet effective, way of providing a gift to the Winneshiek Medical Center Foundation after a person’s death. The bequest may be a fixed dollar amount, a bequest of specific property, a bequest of a specific percentage of a person’s estate, or a bequest of the residue of a person’s estate.
Gifting through Retirement Plans
If individuals find themselves with large retirement plan assets and large IRAs, there are various charitable gifting opportunities. If the Winneshiek Medical Center Foundation is named as a beneficiary of a retirement plan or IRA, the assets will come to the Foundation after the retiree or retiree spouse’s death with minimal estate and income tax reductions.
Gifts of Life Insurance
A gift of life insurance can provide a significant charitable deduction. You could purchase a new policy or donate a policy that you currently own, and designate us as a beneficiary of the life insurance policy. Check with your insurance agent for details.
Charitable Remainder Trust
A charitable remainder trust is a special trust that pays income to family members. After all the income payments are made, the remainder is distributed to qualified charities such as the Winneshiek Medical Center Foundation.
Many employers have matching gift programs through which a gift to the Winneshiek Medical Center Foundation can be multiplied. This is an excellent way of increasing your support.
You can also email firstname.lastname@example.org to receive more information about estate planning, bequests, retirement assets and much more. Consult your personal financial planner or estate advisor for independent advice.
Memorial and honor gifts are announced by way of a special card sent to family members listing all contributors (or stating anonymity) so that they may respond if desired.
The specific gift amount is not mentioned, but a dignified and meaningful message informs the card recipient of your memorial or tribute. In addition, the names of all people honored or memorialized are printed in the appropriate edition of the Community Heartbeat newsletter, received by all community members in Winneshiek County and surrounding areas.