2005 Community Report - Brandywine Health Foundation

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WHY THEY GIVE BACK TO THE COMMUNITY For those interested in making a difference in their community, it's often hard to determine where their support will be most effective. In Chester County, individuals, corporations and foundations increasingly are relying on the growing expertise of the Brandywine Health & Wellness Foundation for guidance and sound financial management. As the area president of Gallagher Belmont, a health insurance firm with offices in Rosemont, Thomas Belmont, Jr. constantly sees the impact of people suffering due to the lack of community-based care. That's why he was so receptive to the Foundation's overtures soliciting a pass-through gift to support ChesPenn Health Services Inc.'s move into Coatesville. “Once we got involved with the Foundation we became very much interested in their goals,” says Belmont. “Knowing our interests, they did a very nice job educating us about the opportunities and challenges facing ChesPenn. From a medical and educational standpoint, putting money into the community to benefit the really underserved makes a lot of sense to us.” The Foundation’s activities also include overseeing several nursing scholarship funds and providing additional scholarships to encourage young people in the community to pursue careers in healthcare. Among the scholarships managed by the Foundation are the Cardiac Rehab Nursing Scholarship and the Ethel Gee Charlton Nursing Award Scholarship. Twelve years ago, Roger Brown was one of three cardiac patients, along with Louise DePedro and William Keen Jr., Esq., who launched the Cardiac Rehab Nursing Scholarship. He and his wife have also set up the latter scholarship in memory of his mother-in-law, a long-time Coatesville Hospital nurse. “Since they took over, the Foundation's overall management, including their goals and investment strategy, has been excellent, and I've been very pleased with the fundraising help they have provided,” says Brown. Fundraising Highlights Throughout the year, the Foundation is involved in endeavors to heighten awareness, raise charitable funds for such community health projects as the new Community Dental Center and ChesPenn Health Services, and maximize the effectiveness of the funds it manages. This year's Rouse/ Chamberlin Homes Strawberry Festival on the grounds of Brandywine Hospital was the most successful Strawberry Festival yet. The Foundation partnered with Brandywine Hospital, continuing the tradition that their nursing staff started more than 30 years ago. This year's event raised almost $90,000 in net proceeds, a 40 percent increase compared with 2004. Hundreds of volunteers and supporters helped to make that possible. The event was chaired by Susan J. Catanese, vice president, PAC Strapping Products Inc. To kick off the Rouse/Chamberlin Homes Strawberry Festival, more than 300 guests attended the Foundation’s third annual Garden Party. Co-chaired by Mary Holleran and Barbara Travaglini, it was held at the Springbank Farm home of Jennifer and Robert McNeil. The party included “The Battle of Berries at Brandywine,” First Financial Bank's welcome of ChesPenn Health Services into the Chester County community and a fireworks display. The event grossed nearly $60,000 and netted more than $30,000, all additional funds that the Foundation was able to distribute as grants to improve the community. The Brandywine Consignment Shop, located on Route 113 just east of the Route 30 Bypass, also had its grand reopening at the end of the summer. Prior to the reopening, the staff and volunteers spent several months renovating and updating the interior and exterior and computerizing their systems. The shop has contributed more than $550,000 to health-related programs and services over the last 13 years. How You Can Help Funds administered through the Foundation can help maximize tax benefits without the expense and legal obstacles sometimes encountered 12
when setting up a private foundation. The Foundation's experts are available to offer advice on donor strategies that can protect personal assets while achieving philanthropic goals. With gifts of cash, stock, real estate or other assets, donors can entrust a fund of permanently held principal to the Foundation for investment, while distributing the earnings to the causes that will help the community most. Options include the following: FUNDS Donor-Advised Funds An advised fund allows you ongoing involvement and maximum flexibility in mapping the direction of your gifts. You recommend organizations for benefit in keeping with your concerns and leave the administrative duties in the hands of the Foundation. Our staff will keep you apprised of the many programs that could benefit from your generosity. Donor-Designated Funds A designated fund is an excellent option if you want the proceeds to benefit a specific nonprofit in our community. The Foundation will respect your wishes in perpetuity, and the tax benefits to you – as with all of our funds – are immediate. Field-of-Interest Funds Donors with pronounced allegiance to particular issues often elect to establish field-of-interest funds. You select the purpose of the fund, such as meeting the needs of the chronically ill or combating “Since they took over, the Foundation’s overall management, including their goals and investment strategy, has been excellent, and I’ve been very pleased with the fundraising help they have provided.” Roger Brown, Cardiac Rehab Nursing Scholarship founder substance abuse in teens, and we identify the programs making the strongest progress towards your objectives. Scholarship Funds The Foundation houses several nursing scholarship funds and provides additional scholarships to encourage young people in our community to pursue careers in healthcare. To bolster health resources in our area, you can establish a scholarship fund or give directly to the Foundation, specifying that your gift be restricted for scholarship purposes. Bequests and Planned Gifts The Foundation currently receives income from charitable lead and remainder trusts established to promote health in our community. Naming the Foundation in your will or making a planned gift in your lifetime creates tax advantages for you and leaves a legacy that benefits your community forever. Unrestricted Gifts Unrestricted contributions to our mission reinforce our operational security and assist the Foundation in funneling maximum resources back to local programs. Join the growing circle of support for our Annual Fund by making gifts directly to the Foundation or through either the Combined Federal Campaign or the Donor Choice Program of any area United Way. Memorial and Honorarium Gifts Honor a loved one by establishing a charitable fund at the Brandywine Health & Wellness Foundation, or recognize a special anniversary or birthday by asking others to join you in making a charitable gift to support health and wellness in general, or for a specific purpose important to the person being recognized. The Foundation will send a note to the person in whose name you are giving (or their family) informing them of your gift. For more information on establishing a scholarship or charitable fund, or on making a gift to the Foundation, please contact Dana Heiman at 610.380.9080 x102 or visit www.brandywinefoundation.org. 13
Page 1 and 2: OUR SAFETY NET JUST GOT STRONGER Br
Page 3 and 4: IMPROVING OUR COMMUNITY’S HEALTH
Page 5 and 6: “Any place that is going to help
Page 7 and 8: TRAINING PARAMEDICS TO ENHANCE EMER
Page 9 and 10: program. The girls either lost or m
Page 11 and 12: COMPETITIVE GRANTS SAFETY NET FOR T
Page 13: FINANCIAL REPORT INVESTMENT POLICY:
Page 17 and 18: Mr. and Mrs. Richard Franklin Congr
Page 19 and 20: The Brandywine Health & Wellness Fo

2005 Community Report - Brandywine Health Foundation

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