Browsing ‘In the News’
Foundation Gala Raises $250,000
Left to right: Senator Maria Cantwell, Medical Center CEO Nancy Steiger, and 2011 Gala Chair Rosemarie Francis
BELLINGHAM – The PeaceHealth St. Joseph Medical Center Foundation recently held its largest fundraiser in a large tent pavilion at the Health Education Center and raised more than $250,000 to support Medical Center services, upgrade facilities and provide outreach to the community.
The June 4 Gala hosted more than 440 guests, including U.S. Senator Maria Cantwell, State Senator Doug Ericksen, Western Washington University President Bruce Shepard and Whatcom County Sheriff Bill Elfo.
At the Gala, members of the Foundation’s Circle of Care were honored and awards for significant and inspirational contributions were given to:
• Ralph H. Rinne, MD Physician Philanthropy Leader of the Year Award – presented to Ian L. Thompson, MD
• Philanthropist of the Year Award – Mimi and John Ferlin
• Inspirational Leader Award – Mary Frances Brown and Linda Gardner
Major sponsors of the event were Andersen Construction, IMCO General Construction, Mt. Baker Imaging and Saturna Capital. For more information, please call the Foundation Office at (360) 788-6866 or visit www.peacehealth.org/sjhf.
PeaceHealth St. Joseph Medical Center, which includes a not-for-profit full-service hospital sponsored by the Sisters of St. Joseph of Peace, is part of the PeaceHealth system with medical centers in Alaska, Washington and Oregon. In addition to the hospital, Cancer Center and PeaceHealth Medical Group, PeaceHealth’s local services include several Centers of Excellence, a diagnostic laboratory, a joint venture outpatient imaging service, Whatcom Hospice, a specialty clinic in Sedro-Woolley and a critical access hospital being developed on San Juan Island.
Foundation Board President Named Contractor of the Year
- Frank Imhof, Board President
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Medical Center Wins Mayor’s Arts Award
Bellingham Mayor Dan Pike announced this week the recipients of the 32nd Annual Mayor’s Arts Awards. A reception and awards ceremony honoring the awardees is scheduled for 6:30 p.m. April 13 in the Rotunda Room of the Whatcom Museum Old City Hall Building. The public is invited to attend.
This year the Mayor is honoring twelve Bellingham residents and organizations who have significantly contributed to the arts in our community. Award winners were chosen based on nominations submitted by community members and members of the Bellingham Arts Commission.
“The continued enthusiasm for the Mayor’s Arts Awards makes me proud of our community’s diverse and flourishing artists and cultural organizations,” Pike said.
Mayor’s Arts Awards will be presented to the following twelve recipients:
- George Drake, Allied Arts of Whatcom County and Al Zimmerman- Spearheading the Sebastian Exhibit in Downtown Bellingham
- Ene’ and Eugene Lewis – Owners of Indian Street Pottery / Educators of the pottery craft;
- Felix Solomon – Advocate for the revival of the Coast Salish style of carving;
- Mike Mathieu and Andrew Conner – The Cody River Show;
- Nancy Steiger and the Medical Center Art Committee – 2010 PeaceHealth / St. Joseph Medical Center Art Exhibition;
- The Amadeus Project – Non-profit music institution providing a concert hall and teaching studio for the community;
- Whatcom Art Guild – Volunteer-driven art organization offering scholarships and sponsoring two annual art shows.
For more information, contact Shannon Taysi, Planning & Community Development Department 778-8360, or staysi@cob.org.
New Tax Law Extends IRA Charitable Rollovers
The compromise tax bill, which has just been passed by Congress and signed into law by the President, extends until December 31, 2011 a provision allowing taxpayers age 70½ or older to use certain types of IRAs to make tax-free transfers of up to $100,000 per year to charities.
The law, which was originally enacted in 2006, expired at the end of last year, but it has now been renewed for two years, retroactive to January 1, 2010 and ending December 31, 2011.
Transfers within the allowable limit from a standard IRA or Roth IRA to one or more charities will not be included in the taxpayer’s taxable income, and they will count toward his or her required minimum distribution.
If you have not yet requested your required minimum distribution for 2010, and you would like to make a charitable gift with IRA funds, you should immediately take these actions:
• Reduce your required minimum distribution by the amount you would like to contribute to charity. (The non-charitable portion still must be taken by the end of this month.)
• No later than January 31, 2011 instruct the administrator of your IRA to transfer funds to the charities you choose (total transfers limited to $100,000), and advise the administrator that you intend to treat these transfers as if they were made in 2010. Because so little time remains here in 2010 after enactment of the law, taxpayers are given an additional month to make these transfers.
If you have already received your required minimum distribution for 2010, and you do not wish to make any further withdrawals from your IRA at this time, keep in mind that you can make a charitable transfer from your IRA at any point next year and have it count towards your 2011 required distributions.
You can authorize these transfers to any public charity, such as PeaceHealth St. Joseph Medical Center Foundation, but they may not be made to a private foundation, a donor advised fund, or a 509(a)(3) supporting organization.
*The full name of the new law is “Tax Relief, Unemployment Insurance Authorization, and Job Creation Act of 2010.”