Stewart Memorial Community Hospital Foundation
In 2020, the Stewart Memorial Community Hospital Foundation was established to support a transformative renovation and expansion project. This initiative, named “Putting People First,” aimed to modernize the hospital’s facilities and enhance the quality of care. The goal of this $31 million endeavor was to bolster safety, privacy, efficiency, and the breadth of services offered, while also incorporating innovative technology. Such improvements are vital to ensuring our rural community has access to exceptional healthcare close to home. The Putting People First initiative was completed in 2023 and yielded significant improvements.
- A new emergency department, including safe rooms for patients in crisis, and an Avel eCare Telemedicine System, facilitates rapid response and specialized care, leading to better patient outcomes and reduced transfers.
- Our radiology department underwent a complete transformation, offering enhanced privacy and a welcoming atmosphere. The new CT scanner is a technological marvel, providing capabilities unmatched in many rural hospitals.
- Rehabilitation and Therapy services were elevated with the addition of a 3,000 square foot gym featuring private treatment rooms, convenient access and parking, and cutting-edge technology.
Beyond its pivotal role with Putting People First, the Stewart Memorial Community Hospital Foundation is dedicated to fostering community outreach and supporting the very individuals who contribute to our well-being. Our unwavering commitment lies in delivering exceptional healthcare and positively impacting our communities from within.
You may be considering how you can leave your own lasting impact on our community and its residents. We invite you to join us in ensuring continued quality healthcare services in our area. The Stewart Memorial Community Hospital Foundation offers several ways to make an impact for years to come.
Some of these options include:
Bequests
When you name Stewart Memorial as a beneficiary in your will, you help the hospital continue its tradition of excellence. Bequests (gifts made by will) have been a major part of Stewart Memorial's philanthropic support for more than half a century. Through their wills and estate plans, grateful patients have helped the hospital advance medical care for all patients.
Gifts of Retirement Assets
For a tax-wise strategy, you can name Stewart Memorial as a beneficiary of your individual retirement account (IRA), then use the assets not subject to income tax to make gifts to your heirs. You can reduce taxes and leave more for your family and favorite charitable organization by creatively using retirement assets. Surprisingly, as much as 70% of a retirement account can be lost needlessly to estate and income taxes.
Gift Annuities
Stewart Memorial gift annuities are a very attractive investment alternative. For a minimum gift of $10,000, you will receive a tax deduction and either you or the person you name as the annuitant will receive generous quarterly returns. After the lifetime of the annuitant, the gift portion of the annuity becomes available to Stewart Memorial.
Representative rates* for a single life annuity:
65 years old 75 years old 80 years old
4.7% 5.8% 6.8%
Setting Up A Trust
Trusts are available in a variety of forms, each offering its own benefit to the donor. We would be happy to provide more details to help you determine if a charitable trust is the right option for you.
To learn more about these and other giving options contact your estate planner or contact SMCH Director of Business Development, Foundation, & Outreach, Rachel Judisch, at rjudisch@stewartmemorial.org or call (712) 464-4247.