What is the St. Clare Health Care Foundation?

Established in 2000, the St. Clare Health Care Foundation, Inc. (The Foundation) is a not-for-profit corporation under the laws of the State of Wisconsin and a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. The purpose of the St. Clare Health Care Foundation is to support the programs and services of St. Clare Hospital & Health Services and St. Clare Meadows Care Center and to enhance the quality and accessibility of health care for all who live in the communities served by St. Clare. Gifts to the St. Clare Health Care Foundation improve the quality of health care services in the greater Baraboo/ Lake Delton/Wisconsin Dells area. Financial support from the community makes it possible for the Foundation to purchase vital, new pieces of medical equipment, renovate and add new health care facilities, assist those who are uninsured, and develop new health care and educational programs, services and initiatives. Current, outright gifts and planned, deferred gifts are welcomed. Contributions to the St. Clare Health Care Foundation, Inc. are tax deductible as provided by law. As with St. Clare Hospital & Health Services and St. Clare Meadows Care Center, the St. Clare Health Care Foundation is owned by SSM Health Care in St. Louis, Missouri. However, all gifts made to the St. Clare Health Care Foundation remain in the greater Baraboo/Dells-Delton area to serve area residents’ health care needs.

How is the St. Clare Health Care Foundation governed?

The St. Clare Health Care Foundation is governed by a board of directors comprised of business and civic leaders from Baraboo, Lake Delton and Wisconsin Dells.

Gifts to the St. Clare Health Care Foundation improve the quality of health care services in the greater Baraboo/Lake Delton/Wisconsin Dells area. The St. Clare Health Care Foundation has developed the St. Clare Healing Garden and St. Clare Hospice House. The Foundation has purchased medical equipment for St. Clare Hospital and St. Clare Meadows, supported the Sauk County Community Health Care Program to help underwrite the cost of medications for the uninsured, and supported the Rural Residency Training Program, which brings family medicine residents and medical students to Baraboo to learn more about rural practice. In addition, Foundation donors have specifically designated gifts for nearly every St. Clare facility and department, ranging from the St. Clare/Tommy Bartlett Child Care Center to the Emergency Department, the St. Clare Center chemical dependency unit to St. Clare Meadows’ Activities Department, the St. Clare Radiation Oncology Center to the Dialysis Center. In gratitude to the community for its support and as an educational resource, the Foundation also offers an ongoing series of free Pathways to Wellness seminars on a variety of health and wellness topics for both the public and area schools.

There are several ways to make a gift to the St. Clare Health Care Foundation, ways that will make a visible difference in the health care services of our community. By giving directly to the St. Clare Health Care Foundation, you have the assurance and satisfaction that your gift will make a difference in health care quality and accessibility in the greater Baraboo/Lake Delton/Wisconsin Dells area – today and in the future.

You can make a gift right now that is designated for a particular Foundation project or fund. If you choose not to designate your gift for a particular fund or project, it is deposited into the Foundation’s general fund. The Foundation’s Board of Directors designates general fund gifts to where the need is greatest, including medical equipment.

You can give to the Foundation’s endowment, which is the Foundation’s permanent investment portfolio. Gifts to the endowment can be made now, through a pledge, or through your will or other estate plan. Such gifts provide a strong and ever-growing source of support for all aspects of St. Clare. An endowment is a simple, yet meaningful way for a charitable organization to grow and better serve its customers: A donor makes a gift to the endowment, which is then invested to generate income. Your original contribution is never spent: Only a percentage of the endowment’s earnings are used to help fulfill the organization’s mission.

In addition to covering one-half of the Foundation Director’s salary and benefits, the Foundation’s Board of Directors makes annual distributions from the endowment’s investment earnings to help purchase new medical equipment, renovate and add new facilities at St. Clare Hospital and St. Clare Meadows, assist the uninsured with their health care needs, and develop new health care and educational programs and services. As the endowment grows, so do the earnings from it. Therefore, your gift will help serve more health care needs far into the future.

With a gift or pledge of $5,000 or greater to the Foundation’s endowment, donors are also invited to join the Foundation’s Golden Oak Legacy Society. Those who join the Golden Oak Legacy Society may choose to remain anonymous or have their names added to the permanent wall of honor located in St. Clare Hospital’s main corridor across from the Foundation office. As special friends of the St. Clare Health Care Foundation, Legacy Society members are also invited to events that are exclusive to this special group of St. Clare supporters.

You can also restrict your gift for the Foundation’s endowment by creating your own named endowed fund with a gift of $25,000 (an initial gift of $10,000 or more is required and the remainder must be given within a five-year period). With a named endowed fund, you can designate to which Foundation fund or St. Clare department you would like your gift to provide lasting support. As your contribution is preserved and invested, a portion of your endowed fund’s value is used for your designated purpose. Named endowed funds are open-ended for the later addition of gifts. Other people can contribute to your named endowed fund. Such additional gifts increase the amount of annual support that your designated purpose will receive.

The Foundation’s long-term goal is to invest, grow and serve the health care needs of the community through its endowment, its permanent investment portfolio. Assets under management currently exceed $1.95 million. The Foundation’s endowment is invested and managed by AMCORE Wealth Management. The Foundation utilizes a 5% spending rate to make annual distributions from the endowment to fund projects that benefit local health care needs.

To remember the St. Clare Health Care Foundation in your will or other estate plans, the legal name is St. Clare Health Care Foundation, Inc., located in Baraboo, Wisconsin.

We may use certain information (name, address, telephone number, dates of service, age and gender) to contact you in the future to raise money for St. Clare Hospital & Health Services. We may also provide this name to our institutionally related foundation, St. Clare Health Care Foundation, Inc., for the same purpose. The money raised will be used to expand and improve the services and programs we provide to the community. If you do not wish to be contacted for fundraising efforts, please notify the Foundation in writing to the following address: St. Clare Health Care Foundation, Inc., 707 Fourteenth Street, Baraboo, WI 53913.

For more information, please contact:

Keri Olson, Director
St. Clare Health Care Foundation, Inc.
707 Fourteenth Street
Baraboo, WI 53913
Phone: (608) 356-1449; Fax: (608) 356-1367
E-mail: Keri_Olson@ssmhc.com
Website: www.stclare.com/foundation