Stoughton Hospital Foundation
Stoughton Hospital Foundation, Inc., established in 1974, raises friends and funds to benefit Stoughton Hospital and has contributed more than $7.5 million for Stoughton Hospital’s programs and services. The Foundation has provided funding for Capital Campaigns, renovation or remodeling of facilities and grounds, purchasing of medical equipment and providing financial support to those in the community who may need assistance with medication fulfillment.
How to Make Donations Work for You
Join Vicki Buening, CPA, CVA, MST, Partner at Reilly, Penner & Benton, LLP to learn how to support your favorite charities and gain the most in tax benefits.*
Wednesday, October 23rd at 6 p.m.
900 Ridge Street, Stoughton
Bryant Health Education Center (lower level)
To register for this free talk, please click here.
Questions? Please contact Sarah at (608) 873-2334.
*This class is for education purposes only and does not serve as an endorsement.
Choose from Many Donation Designations
Under the new tax laws it is expected that 94% of Americans will no longer itemize due to the increase in standard deductions. In order to take full advantage of the new higher standard deductions and contribute to your favorite charities you could consider: Donor Advised Funds (DAF) or Qualified Charitable Distributions (QCD). Please contact your financial advisor to fully understand the impacts of the options to your individual situation.
Qualified Charitable Distributions (QCD)
Individuals 70.5 years of age or older are able to transfer funds from a traditional IRA directly to a qualified charity. QCD can be counted towards satisfying the required minimum distributions (RMDs) for the year.
Donor Advised Fund (DAF)
A DAF is a charitable investment account for the sole purpose of supporting charitable organizations. It is the fastest growing charitable giving vehicle for cash and non-cash donations in the United States. The DAF when coupled with “bunching” or “doubling up” your itemized deductions can prove to be an easy tax savings way to donate to charities.
Learn about our fundraising efforts for the Stoughton Hospital Wellness Garden!
Circle of Friends
Please join our Circle of Friends in support of these investments in high-quality health care services conveniently located and readily accessible:
- State-of-the-art medical equipment
- Renovation and expansion of hospital facilities
- Expansion of hospital programs, services and community education
- Continued advances in meeting the medical needs of our community
When you and your loved ones need health care, isn’t it wonderful to find the highest level of professional and personal care so close to home? When you become a member of the Circle of Friends, you join a caring community in commitment to continue building on a tradition of compassion and trust for generations to come.
Good friends are among life’s greatest treasures. Our community of friends is what makes this area and hospital so special. At Stoughton Hospital, our staff treats each patient as a friend. After all, most of our employees and their families live right in this area. We cordially invite you to share our commitment by helping your friends and neighbors. We have been a good neighbor to the community for over 100 years. With the support of people like you, we will remain a good neighbor for years to come. Thank you for your support!
Angels Who Care
Stoughton Hospital is committed to providing compassionate care and excellent service. We trust that all the nurses, doctors, staff and volunteers you met during your visit treated you pleasantly, with respect and showed concern for meeting your needs.
Our Angels Who Care program gives patients and family members a heartfelt way to recognize those special caregivers for their commitment to providing outstanding patient care.
Through the program, you can make a contribution to the Stoughton Hospital Foundation in a caregiver’s name to support Stoughton Hospital’s mission. Your Angel Who Cares will receive a lapel pin to wear proudly for having earned the distinction of delivering exceptional care. Angels are also recognized throughout hospital publications.
Your gift will help ensure that future Stoughton Hospital patients continue to receive care in a facility that offers the latest in technology from a staff who take pride in delivering high-quality service, from the valet or receptionist who greets you, to the nurse who gathers your information, to the doctor who treats you. As a non-profit hospital, we are grateful for your contribution to sustaining essential programs that benefit our community.
Showing people how much you care is an important part of life. By making a memorial/honorarium gift, you can touch friends and family while helping to improve the health of others in our community. Gifts can be made to honor the memory of a love one, friend or co-worker. Gifts may also be given to celebrate a birthday, anniversary, the birth of a child or other important milestones.
An endowment gift can provide long-term support to Stoughton Hospital. A “Keeping Your Legacy Close to Home” gift invests in future care through a bequest in a will, a charitable gift annuity or trust, or life insurance.
Leaving a Legacy
Many people hope to leave marks on their communities to help make them better places. You can make a difference through a bequest to the Stoughton Hospital Foundation. Your charitable gift will help ensure the future of quality healthcare close to home.
You might find it hard to donate substantial gifts during your lifetime because your foremost priority is to provide for your family. Through purposeful estate planning, you can leave gifts for your loved ones as well as the Stoughton Hospital Foundation. A variety of options are available to help you make the most of your legacy.
A bequest to the Stoughton Hospital Foundation is truly a gift that keeps on giving. The foundation provides estate-giving and gift-planning ideas that benefit you and your loved ones. You can make an enduring gift to recognize the quality care you and your family have received and to ensure that these medical services are available locally for generations to come.
How You Can Create a Legacy
The most common planned gift is a bequest in a will. The bequest can be a dollar amount or stated as a percentage of the estate. This gift avoids probate on the amount gifted to charity, which can have positive tax consequences for loved ones who also receive bequests. It is a simple matter to include a bequest in a will or in a codicil to an existing will.
After you make specific provisions for your loved ones, you can leave a residuary gift to the Stoughton Hospital Foundation for all or part of what remains. You may decide to specify a bequest of cash, stocks, real estate, insurance policies and/or personal property to the foundation.
You may not think of yourself as having an estate, which seems to be a grand term to many people. But your property, personal belongings and financial assets can add up to a sizable bequest for your loved ones and the charitable organizations you choose to support in your will. Whatever the size of your gift to the Stoughton Hospital Foundation, we will ensure that it is put to the best possible use.
Your gift can be stated very simply:
I give, devise and bequeath (sum of ____ or ___% residue of my estate) to the Stoughton Hospital Foundation, Inc., a not-for-profit organization with offices in Stoughton, Wisconsin, to be used for its general charitable purposes.
This statement creates a highly valued unrestricted gift in support of Stoughton Hospital. An unrestricted gift can be used in the future where and when it is most needed. If, however, you wish to designate your gift to a specific use, simply contact us to discuss your wishes.
Another idea is life insurance gifting. You can gift a matured policy and receive a tax deduction for the value of the policy or the net premiums paid on the policy, whichever is less. You can also take out a new policy or gift an existing policy on which payments are still being made. Your premium payments may be deducted as gifts each year.
The generous gifts of people like you are permanently recognized on our Circle of Friends donor wall in the hospital lobby. Members of this special circle are also invited to attend special events at and on behalf of Stoughton Hospital.
Gifts to Consider
- Gifts of Cash
Making an outright gift of gratitude is as simple as writing a check or authorizing a charge on your credit card. It’s easy and convenient.
- Gifts of Securities
Stock that has increased in value is one of the most popular assets used for charitable giving, once it has been held for a minimum of a year. Making a gift of stock to us offers you the chance to help our organization while realizing many important benefits for yourself.
- Gifts of Retirement Plan Assets
If you’re like many others, your financial future will likely depend on your retirement plan assets. To maximize the value of a retirement account, consider making a lifetime gift of its after-tax values to a tax-exempt deferred giving plan.
- Gifts of Savings Bonds
Savings bonds—likely the nation’s most widely held appreciated asset—represent major assets that may have stopped growing and are now collecting dust, just waiting to be put to use. A tax-wise use for your appreciated savings bonds is to support a cause you care about.
- Gifts of Real Estate
Using real estate, such as your house, farm or commercial property to fund a gift allows you to preserve your cash assets, receive significant tax and income advantages, and make a larger charitable gift than anticipated.
- Gifts of Life Insurance
Donating an old life insurance policy you no longer need, could be a wonderful way to fulfill your desire to support our organization. By making Stoughton Hospital Foundation the beneficiary of a matured policy, you receive a tax deduction for the value of the policy or the net premiums paid on the policy, whichever is less. You can also take out a new policy or gift an existing policy on which payments are still being made. Your premium payments may be deducted as gifts each year.
The most common planned gift is a bequest in a will. This bequest can be a dollar amount or stated as a percentage of the estate. This gift avoids probate on the amount gifted to charity, which can have positive tax consequences for loved ones who also receive bequests.
- Charitable Remainder Trust
This extraordinary plan offers you income for a period of years or your lifetime. Then after your death our organization, as the beneficiary, receives the remainder of the principal in the trust.
What is the Foundation?
The Stoughton Hospital Foundation is a not-for-profit registered charitable foundation that was incorporated in 1974. The Foundation was established to raise funds on behalf of the Stoughton Hospital Foundation. All funds raised by the Foundation go towards providing our service area (Edgerton, Evansville, Oregon, McFarland, Stoughton) with the best healthcare possible close to home.
How are funds raised?
Funds are raised through capital campaigns, major gift solicitations, direct mail appeals, special events and grants.
How are contributions recognized?
Donors are recognized for their cumulative lifetime giving to the Foundation. All donors are recognized on our Donor Wall located in the Main Lobby. Donors who have given gifts totaling $2,500 or more are recognized during our annual Circle of Friends event and in the printed program.
How do I remove or add my name to the mailing list?
To remove or add your name to the Stoughton Hospital Foundation mailing list, please contact the Foundation Office at (608) 873-2328 or (608) 873-2334.
If I make a memorial or tribute gift, will the Foundation send a card to the bereaved family or person being honored?
Yes. The donor will receive an acknowledgement letter which serves as the tax receipt and a card will be sent to the family of the person being memorialized or honored.
Can I give online and what credit cards does the Foundation accept?
Yes. Donations can be made by clicking here. The Foundation accepts MasterCard, VISA, Discover, Amex and PayPal (pay as a guest).
Where is the Foundation located?
The Foundation office is located within Stoughton Hospital on the first floor next to the Human Resources Department. Walk-ins are always welcome, or, if you prefer to meet somewhere in your community contact the Foundation Director at (608) 873-2328 to arrange a time and location to meet.
What specifically does the Foundation fund?
Most recently (2015-2018) the Foundation has raised funds to support:
- $2.3M towards the renovation of the ER, Urgent Care, Laboratory, Day Surgery, Registration, Lobby and waiting areas
- $410,625 for the purchase of medical equipment and towards the attainment of medical technology.
- $100,000 for the creation of a Wellness Garden
- The renovation of the Main Lobby and creation of the Donor Wall.
- Over $60,000 for the purchase of televisions throughout the hospital, patient comfort items, (whiteboards, iPads) and new cardiac rehabilitation equipment.
- $25,000 allocated annually to help individuals in the 53589 zip code attain their prescription medication
- $15,000 in scholarships for Stoughton High School Seniors
Does the Foundation issue charitable tax receipts?
Yes, the Stoughton Hospital Foundation is a registered 501 © 3 charity recognized by the Internal Revenue Service. Our Employee Identification Number (EIN) is 23-7395183. All donors receive an acknowledgement letter for their tax records.
Does the Foundation sell or give my name to other organizations?
No. The Foundation respects the rights and privacy of its donors. The personal information that you provide the Foundation is used solely to process your donation, maintain records of all contributions and keep you informed of the latest news and fundraising initiatives by sending newsletters, annual reports, etc.
How can I arrange to have guests make a donation to the Foundation in lieu of gifts to commemorate a special occasion?
Donations in your honor are strongly welcomed. The Foundation can supply you with self-addressed, postage paid envelopes. Contact the Foundation Director at (608) 873-2382 for more details.
Can I make an anonymous gift?
Yes. Your gift to the Foundation will be acknowledged and you will receive a letter for your tax records. Your name will remain confidential and will not be recognized on the Donor Wall and in any lists or publications you will be listed as “anonymous”.
My employer has a Matching Gift Program does the Foundation accept Matching Gift Program?
Yes. By and large, most companies will match at 1:1 (or dollar per dollar) rate therefor doubling your donation!
Stoughton Hospital Foundation Board
Back row left to right: Judy Knutson, Mike Daniels, Laura Mays, Tom Pertzborn, Andi Speth and Matt Roethe
Front row left to right: Meg Veek, Brad Schroeder and Jessica Pharo (missing members Terry Brenny and Dr. Sarjoo Patel)
Brad Schroeder – President
Agent, TRICOR Insurance Stoughton
Jessica Pharo – Vice President
Director, Cress Funeral & Cremation Services
Meg Veek – Secretary/Treasurer
Stoughton Community Member
Retired CEO/President, Stoughton Hospital
Agent, Farmers Insurance Stoughton
Director, Oregon Chamber of Commerce
Sarjoo Patel, MD
CEO/President, BEAM Healthcare
Senior Project Manager, JP Cullen
Attorney, Roethe Pope Roethe LLP
VP Consulting Services, McDonald Schaefer
Stoughton Hospital Staff
Foundation Executive Director
Donor Bill of Rights
Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To assure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the not-for-profit organizations and causes they are asked to support, we declare that all donors have the right listed on this page.
About the Donor Bill of Rights
The Donor Bill of Rights was created by: the American Association of Fund Raising Counsel; Association for Healthcare Philanthropy; Council for Advancement and Support of Education; and Association of Fundraising Professionals.
I. To be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.
II. To be informed of the identify of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.
III. To have access to the organization’s most recent financial statements.
IV. To be assured their gifts will be used for the purposes for which they were given.
V. To receive appropriate acknowledgement and recognition.
VI. To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law.
VII. To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
VIII. To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors.
IX. To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share.
X. To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.
Contact the Foundation
Stoughton Hospital Foundation
900 Ridge Street
Stoughton, WI 53589
Tribute to a Medical Pioneer
Dr. Rodney K. Peterson, who practiced family medicine in Stoughton for more than three decades, was a healthcare pioneer in many ways. His daughter, Deni Svendsen, who worked in his office in the 1960’s remembers that married UW students would come to Stoughton Hospital because they wanted to take advantage of the natural childbirth techniques he advocated.
When Dr. Peterson passed away, his family requested memorials in lieu of flowers to Stoughton Hospital. “Stoughton Hospital was where he did his work. “His patients, his practice and his heart were in the community of Stoughton,” Svendsen shared.
Memorials were dedicated to the Diagnostic Center. As a breast cancer survivor whose grandmother died of the disease, Svensen says she and her family are pleased that the tributes are supporting such a worthy cause.
A Legacy to the Community
Before Myrtle Volenberg Schumacher died, she took stock of a life well lived and what she appreciated most. Myrtle valued her upbringing, her education, her travels, her family and her community.
She created a legacy with her bequest by arranging for a gift (trust) that will keep on giving to Stoughton Hospital Foundation and its community.
Her sister, Edna, shares, “I think she just appreciated how Stoughton Hospital has grown over the years and provided such a good service to everyone. She thought it was an important part of the community.”
Rooted in Generations of Support
Within the foundation’s Circle of Friends are dozens of families, some spanning several generations, who have depended on and continue to rely on Stoughton Hospital for high-quality healthcare. These families and others continue to support the hospital with monetary contributions and gifts of their time, talent and treasure.
Cal & Audrey Schneller’s family is a prime example. For years, the Schnellers have depended on Stoughton Hospital. The family has donated generously over the years, including gifts of stock to the Hospital Foundation.
“My husband received such good care during his surgery and recovery that we look for ways to contribute to the hospital,” Audrey says.
Becky Greiber, daughter of Cal & Audrey, has donated hours of volunteer service at the hospital.
The third generation of the Schneller family is represented by Cal & Audrey’s granddaughter, Jennifer Greiber, who is now a nurse after receiving a scholarship from the Stoughton Hospital Foundation.