WinnMed has been caring for you, your family and neighbors for more than 100 years. And we will continue to do so.
But when it comes to financing special projects to improve technology and to increase the variety of services offered locally, we need your help. The rapid changes in rural health care require medical centers to seek private funds for capital growth and replacement of equipment, educational opportunities for staff, the purchase of new technology and more.
WinnMed 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.
This year, the WinnMed Foundation is raising money to support the purchase of a hyperbaric oxygen chamber. A hyperbaric oxygen chamber is used to provide hyperbaric oxygen therapy for patients with non-healing wounds, such as a diabetic foot ulcer, radiation injury, or osteomyelitis. The chamber will be a unique service we offer as part of our new Wound Center. Our goal is to ultimately have two chambers to provide this care. Each chamber’s estimated cost is $120,000-$130,000. Your financial gift will help WMC purchase one chamber prior to the current purchase date of late 2023.
How does a hyperbaric oxygen chamber work?
During a treatment, the patient is exposed to pure oxygen in a pressurized environment. Your body’s tissues need an adequate supply of oxygen to function normally. When tissue is injured it needs more oxygen. Your blood then carries the extra oxygen throughout your body to fight bacteria and stimulate release of growth factors that promote healing.
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.
The WinnMed Foundation has three endowment funds with the Community Foundation of Northeast Iowa. These permanent funds support the ongoing needs of the work at the WinnMed. Contributions to our endowment funds are eligible for a 25% state tax credit in addition to the federal tax deductions.
Accomplished pianist, mentor, gracious host and beloved friend are just a few ways to describe Guy Johnson, who passed away in July of 2019. Prior to his passing Guy shared a personal goal of his: to give the WinnMed Foundation one million dollars. To support his wishes, the WinnMed Foundation created the Guy Johnson Memorial Endowment. This will allow them to ensure his legacy lives on. Read the full article.
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 WinnMed 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 WinnMed 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 WinnMed Foundation.
Many employers have matching gift programs through which a gift to the WinnMed Foundation can be multiplied. This is an excellent way of increasing your support.
Heavenly Made Gift Shop raised $2000 for WinnMed Foundation during the month of October. The gift will support local breast cancer awareness and education.
Contact the WinnMed Foundation
We would be happy to meet with you to discuss opportunities to support the WinnMed Foundation. We can provide information about estate planning, bequests, retirement assets and much more. Contact the Foundation office to arrange a time convenient for you.
The hearing aid recycling program through the WinnMed Foundation has benefited patients who otherwise would be unable to get hearing aids; it truly changes their quality of life.
Cindy See, Au.D
WinnMed Foundation Board
The WinnMed Foundation Board is comprised of community leaders who volunteer their time, knowledge, compassion and resources toward our commitment to serving the health care needs of our patients.
Foundation Board Members:
Chris Redenius, President
Dan Ryan, Vice President
Heidi Miller-Olinger, Sec./Treasurer
Eric Svestka, M.D.
Karl Jacobsen, Board of Trustees Representative
Steve Slessor, WinnMed Chief Administrative Officer (Ex officio)
Holly Kanengieter, WinnMed Foundation Coordinator
Contact the WinnMed Foundation
We would be happy to meet with you to discuss opportunities to support the WinnMed Foundation. Contact the Foundation office to arrange a time convenient for you.