Stoughton Hospital Foundation
900 Ridge Street
Stoughton, WI 53589
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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.
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2021 Swinging for Health Golf Outing
Choose Where Your Gift Goes
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
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 card recognizing your donation in their honor and a lapel pin to wear proudly for having earned the distinction of delivering exceptional care.
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. In lieu of flowers, consider selecting a charity like Stoughton Hospital to help honor your legacy.
Other 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.
Qualified Charitable Distributions (QCD)
Individuals 72 years and older are able to transfer funds from a traditional IRA directly to Stoughton Hospital Foundation to count towards satisfying their required minimum distribution (RMD) for the year.
Donor Advised Funds (DAF)
A DAF is a charitable investment account for the sole purpose of supporting charitable organizations. As a 501(c)(3), Stoughton Hospital is eligible to receive DAF gifts. 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.
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?
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
Top row (left to right): Jessica Pharo (President), Tom Pertzborn (Vice President), Mike Daniels (Secretary/Treasurer), Brad Schroeder (Past President), Terry Brenny
Bottom row (left to right): Judy Knutson, Dr. Sarjoo Patel, Matt Roethe, Nicki Wagner, Lukas Trow
Jessica Pharo – President
Director, Cress Funeral & Cremation Services
Tom Pertzborn – Vice President
Senior Project Manager, JP Cullen
Mike Daniels – Secretary/Treasurer
Sales Service Representative, Ahern
Brad Schroeder – Past President
Agent, TRICOR Insurance Stoughton
Retired CEO/President, Stoughton Hospital
Director, Oregon Chamber of Commerce
Sarjoo Patel, MD
CEO/President, BEAM Healthcare
Attorney, Roethe Pope Roethe LLP
Market President, One Community Bank
Executive Director, Creekside Place
Stoughton Hospital Staff
Foundation Executive Director