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Western Maryland Health System Foundation / Something to Feel

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Western Maryland Health System Foundation / Something to Feel Friends, Some people might call this an annual report. We call it our Gratitude Report. We are grateful for YOU. Thanks to the remarkable dedication of our partners, the WMHS Foundation helped provide healing, help, and hope to our friends and neighbors during more than 200,000 patient visits in 2017. The gifts you shared in support of Western Maryland Health System contributed to a year of abundant generosity, enabling us to devote significant amounts of support to important lifesaving programs, services, technology, and bedside care. With over $2 million in Foundation gifts and pledges in 2017, we have much “ to feel good about. ” Among the many highlights: • Selection as one of eight sites nationwide to receive a $1.47 million grant from the Merck Foundation - Bridging the Gap: Reducing Disparities in Diabetes Care. This five-year project will profoundly impact hundreds of diabetic patients across our region. • Auxiliary Gifts totaling $186,000, to support the da Vinci® Robot Program and the ICU Telemedicine Program. • Eighty-nine Memorial Gifts honoring loved ones. Their memory and legacy will continue. • And every gift you gave…because every dollar matters and will be used wisely and well. Healthcare is undergoing rapid, historic transformation that is influencing every facet of our work. Lower reimbursement rates and changes in patient populations challenge our delivery models, making your support even more critical as we continue to provide the highest quality, compassionate care. So many achievements would not have been possible without your generous spirit of giving. This Annual Gratitude Report is a celebration of your philanthropy and the ways in which you have helped improve the lives of those we are so privileged to serve. It is an honor to join forces with our outstanding partners. To all of you, we extend our deepest thanks. With sincere appreciation, KAREN JOHNSON BARRY P. RONAN KIM B. LEONARD Chief Development Officer President and CEO Chairman and Executive Director WESTERN MARYLAND HEALTH SYSTEM WMHS FOUNDATION WMHS FOUNDATION WMHS Foundation The WMHS Foundation Board of Directors represents some of the most engaged leaders in our region who show unwavering commitment to our community, healthcare, and philanthropy. Front, L-R: Barry Ronan, WMHS President and CEO; Kim Leonard, WMHS Foundation Chairman; Karen Johnson, WMHS Foundation Chief Development Officer and Executive Director; Tom Finan, Vice Chair; Linda Freas. Back, L-R: George Lapp; Sandi Saville; Richard “Doc” Daugherty; Betty Jo Gehauf; Chris Lockard; John “Jack” McMullen, Esq.; Sherry Schmitt; Larry Boggs; Pasty Koontz; Dave Mathews; Carl Belt. Not pictured: Kelli Allaway, Marlee Gabriele, Bob Paye, Elizabeth Rhodes, Dr. Steven Smith, Marc Zanger, Secretary. Purpose The purpose of the WMHS Foundation is to support the work, mission, and the vision of the Western Maryland Health System. Mission We are dedicated to providing patient-centered care and improving the health and well-being of people in the communities we serve. Vision Western Maryland Health System is recognized as the: • Best place to deliver quality patient care • Best place to work • Best place to transform care delivery • Best place to reduce the total cost of care • Best place to refer patients ANNUAL GRATITUDE REPORT 1 December 2017 Statement of Financial Position CURRENT ASSETS Cash & Cash Equivalents 123,820 Investments 5,118,923 Accrued Interest Receivable 31,883 TOTAL CURRENT ASSETS 5,274,626 RESTRICTED BY DONOR OR GRANTOR Investments - Scholarship Fund 33,861 Investment - Wolfe 4,072,360 Investments Restricted by Donor 1,714,477 Benefit Interest Trusts 1,922,475 Pledges Receivable 145,015 Reserve - Uncollectible Pledges -40,830 TOTAL RESTRICTED BY DONOR OR GRANTOR 7,847,358 KIMBERLY S. REPAC WMHS Foundation Treasurer OTHER ASSETS WMHS Senior Vice President Pledges Receivable 13,150 & Chief Financial Officer Investments 389,696 Other Assets 8,138 After 35 years in healthcare TOTAL OTHER ASSETS 410,984 finance, there is one thing I can say for sure: This field is TOTAL ASSETS 13,532,968 faced with a unique set of CURRENT LIABILITIES challenges. With the Accounts Payable 490,697 combination of significant TOTAL CURRENT LIABILITIES 490,697 cuts to reimbursements and FUND BALANCE operating under a value- Fund Balance - General 5,194,914 based care delivery model, TEMPORARILY RESTRICTED we increasingly need Fund Balance - Scholarship Fund 33,861 access to revenue that can Fund Balance 879,723 Fund Balance - Wolfe 4,072,360 power our plans. Fund Balance - Restricted 938,940 Philanthropy is a key lever in strengthening Western PERMANENTLY RESTRICTED Permanently Restricted Net Assets 1,922,473 Maryland Health System to achieve our mission.” TOTAL FUND BALANCE 13,042,271 TOTAL LIABILITIES AND FUND BALANCE 13,532,968 The Bottom Line = 2 WMHS FOUNDATION Supporting WMHS in 2017 We match the charitable interest and passions of our donors to the identifed needs of WMHS. Based on medical needs and future plans, WMHS leadership identifes the highest fundraising priorities. The Oncology Tribute We partnered with 22 local Wall grew by 12 blocks, organizations which donated over representing 12 loved ones $61,000 in fundraiser proceeds memorialized by their families A $100,000 grant created a A new blanket warmer comforts life-changing pilot telemonitoring over 8,000 patients annually on program for diabetes patients 7 North Urgent Individual Needs were A new ICU Security System supplied person by person, provides added safety and totaling $45,000 in support reassurance to over 600 patients annually 264 gifts honored, memorialized, or celebrated loved ones 84 Gas cards helped patients get to their medical appointments 100% of your Healthcare Scholarships supported 8 students, adding to the 175 students and donation stays here! $1,022,000 given over 16 years ANNUAL GRATITUDE REPORT 3 Planned Gifts Change Lives John and Kathy Burkey are the quintessential local entrepreneurs. Owners of a popular furniture store and an accounting firm, they have a longstanding reputation of supporting Western Maryland Health System. As the chairperson of the WMHS Board of Directors during the One Dream * One Promise * One Hospital campaign over a decade ago, Kathy joined forces with WMHS Foundation’s Kathy and John Burkey fundraising efforts with courage, expertise, and grace. Through generous donations like the Burkeys’, the campaign exceeded us to partner with those who have made such a difference in our all expectations by raising nearly $11 million to build the Western lives and those in our community,” Kathy said. “But we wanted Maryland Regional Medical Center. to do more than just make annual gifts. John and I have been Over time, John and Kathy developed a new understanding of careful with our money and we want to continue taking care of the importance of their support. “This hospital is just incredible. the community that has meant so much to us by leaving From the state-of-the-art facility to the personable staff, I just something to WMHS.” can’t say enough good things,” John said. “Besides, I have used The Burkeys are delighted to pledge to help others through a every department, except Labor and Delivery!” bequest to WMHS in their will…the ultimate gift. John and Kathy continue to be faithful WMHS advocates and Legacy gifts change lives. Visit www.wmhslegacy.org to recently decided to leave a legacy at WMHS. “It is important for learn more. For a young mother of three, each day was a whirlwind of activity. Every Patient Assistance moment seemed to be accounted for. Then the news, “You have cancer” seemed to stop time. Gifts Change Lives Lynmarie Long said her first thought was, “I desperately want to see my children grow up. I want to live.” Lynmarie was able to begin chemotherapy within the week of her diagnosis, as the Schwab Family Cancer Center provides a comprehensive range of advanced treatment options, close to home. During the ensuing eight months, Lynmarie’s treatment included surgery, reconstruction, and radiation. In the midst of that challenging time, Lynmarie said she experienced abundant kindness and clinical excellence at the Schwab Family Cancer Center. “I felt very well taken care of from the moment I came. I felt welcomed, never rushed. I felt like I was a priority.” Lynmarie said the entire atmosphere of the Schwab Family Cancer Center provided encouragement. She said she drew strength from the saying, “Courage doesn’t always roar. Sometimes courage is that quiet voice at the end of the day saying, ‘I will try again tomorrow.’” The team at the Schwab Family Cancer Center knows what cancer can do to a (L-R): Lynmarie, Tristan, Richard patient’s family, finances, and emotions. During a follow up visit, Lynmarie and her “Dicky”, Wren, and Zoe Long social worker were catching up like old friends. “I shared with her that I was fine, but our family finances were tight,” she said. “My husband had been furloughed for a few I felt very well taken weeks and I wasn’t back to work yet.” care of … I felt like I That same day, the social worker asked the WMHS Foundation for assistance with the family’s mortgage payment. A check from the Patient Assistance Fund was ready the was a priority.” next business day for the entire amount of the payment. The WMHS Foundation is honored to be a part of Lynmarie’s journey. 4 WMHS FOUNDATION Scholarship Support Saves Lives From an early age, Eric Williams, a Mount Savage native, pursued both a healthcare education and all the related experience he could gain. While in college, Eric worked at WMHS as a patient transporter, community health worker, and Emergency Department scribe. He earned two WMHS scholarships: the 2012 Medical Staff Scholarship and 2014 Community Scholarship. Eric returned to WMHS to serve our community.
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