2014 ANNUAL REPORT
YOUR passion for giving has
October 1, 2013 - September 30, 2014
positively impacted many lives in northern Michigan.
Thank you for your passion for giving. It is an honor to live in a community that recognizes the importance of quality healthcare. Your generosity continues to support the tools and continuing education that results in award-winning care just minutes from our northern Michigan doorsteps. Generous donors like you have always been a crucial part of our ability to provide healthcare for patients as we would expect for our own family members. As a donor to McLaren Northern Michigan Foundation, you have our promise that your gift will be used specifically as you designate it, based on your individual experiences or passions. In the pages that follow, you’ll see the amazing work you made possible in 2014 to help meet the needs of patients in a variety of ways – whether it was purchasing equipment and technical innovation, launching a new program, upgrading our facilities, training staff or providing financial assistance for patients needing minor medical equipment, medications and travel for care. As we look to the future, philanthropy will play even more of a critical role. We hope you will continue to partner with us to ensure the best care is possible for you, your family and your community for generations to come. In the meantime, please accept our heartfelt thanks on behalf of each patient whose life you have impacted. Sincerely,
Moon Seagren Vice President and Chief Development Officer McLaren Northern Michigan Foundation 2
Ham Schirmer Board Chair McLaren Northern Michigan Foundation
2014 Financial Overview Donations of every size are always welcomed and appreciated. In 2014, 3,062 donors gave a total of $5,908,305 to McLaren Northern Michigan Foundation.
Thank You!
REVENUE Contributions........................................ $5,908,305 .. * Investment Earnings..............................$1,203,012 .. Total Revenue.................................... $7,111,317 EXPENSES Fundraising.................................................. $649,005 .. Management & Administrative............... $586,861 Other............................................................. $116,809 Total Expenses...................................$1,352,675 TOTAL NET REVENUE
NET REVENUE ....................................$5,758,642
NET Asset
Unrestricted Funds................................. $7,640,970 Restricted Funds.................................. $11,184,176 Permanent Endowment Funds.............$7,827,994 TOTAL NET ASSETS..........................$26,653,140
*Total includes funds raised that were paid directly to VitalCare.
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Fiscal Year - 2014 Highlights FUNDING PRIORITIES
Raised
MNM Petoskey Campus
$5,364,097
Unrestricted (Area of Greatest Need)
$1,826,949
Programmatic/Equipment/Various Restricted Funds $3,537,148 Boulder Park Terrace
$79,200
MNM Cheboygan Campus - (ED Project)
$24,422
VitalCare TOTAL FUNDS RAISED
$440,586 $5,908,305
This report is reflective of gifts received from October 1, 2013 – September 30, 2014, which is generated from our audited financial statements. Gifts received after October 1, 2014 are not included.
The total includes all revenue generated by corporate and foundation giving, grants, major giving, planned giving, annual giving and special events.
YOU HAVE OUR PROMISE
As a McLaren Northern Michigan Foundation donor, you will have unwavering confidence that your gift will be optimized to provide superior patient care and knowledge that your generosity will impact you, your family and your community for generations to come. 4
Donations result in access to better health for northern Michigan patients.
“I can’t thank you enough for your generosity. Please know that YOU HAVE IMPACTED
Thank You!
MY LIFE in such a positive way. EASING MY FINANCIAL STRESS has ALLOWED ME TO BECOME A BETTER NURSE, HUSBAND and FATHER. ”
“
– Lance Edgerton, RN
Scholarship Recipient (cover photo)
Thanks to the generosity of donors, the goal to provide a more healing environment for our patients, visitors, and staff has been achieved. Many of the renovations have made significant improvements to the patient experience and increased the efficiencies for our medical team. THANK YOU! – Cancer Center Team Member
”
“I don’t wear my eyeliner as much, and I wear my hair up, because I learned that I don’t need to pretend to be someone I’m not. I am happier now than I was when I began FitKids.” – FitKids 360 Participant
“I have family history of breast cancer, so I know how important it is for me to get a mammogram annually. I couldn’t afford a mammogram and was directed to the Foundation. I am very thankful for their assistance. We are very fortunate to have a resource in our community that will assist those like me, as I didn’t know where else to turn. Thank you McLaren Northern Michigan Foundation! – Breast Health Patient
”
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Your Donations At Work Thanks to you, the McLaren Northern Michigan Foundation disbursed $3,383,464 in Fiscal Year 2014. Major Equipment................................................................................................. $1,137,336 Programmatic.....................................................................................................$1,078,283 Facilities/IT.............................................................................................................. $393,818 Gift-in-Kind............................................................................................................. $313,830 Educational Scholarships.................................................................................... $201,639 Patient/Colleague Assistance............................................................................ $171,128 Minor Equipment...................................................................................................... $87,430
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The majority of these funds were raised in 2013 and disbursed in 2014.
In 2014, the disbursement of donors’ gifts funded more than 170 individual projects, including the purchase of 26 LifeStat Units, which administer optimal CPR, benefiting both patients and rescuers. Another substantial project funded was the Cancer Center renovation, which included significant improvements to the outpatient area by making it more user friendly for patients and the medical team.
Disbursement Highlights In 2014, patients, their loved ones, colleagues, medical staff and our community members were impacted in nearly 100,000 ways by YOUR generosity!
PROGRAMMATIC:
Brain & Injury Support Group
PATIENT CARE AND COMFORT:
Community Health Education: Cancer Education and Survivorship Classes Wellness & Nutrition Classes Health Screenings FitKids 360 Program Early Hearing Detection Dean C. Burns Medical Library Oncology Patient Navigator Pediatric Autism Program VitalCare Hospice Programs: Bereavement Programs for Adults and Children Hospice of Little Traverse Bay Hospice of the Straits Hospice of the Sunrise Shore
Patient Communication Boards Air Pumps & Mattresses to Prevent Pressure Ulcers Heart Pillows for Heart Surgery Patients Blanket Warmers Exam Tables Cubicle Privacy Curtains Patient Recliners Sleep Center Beds Pediatric Stretchers Toys, Books and Fun Buckets for Pediatrics Aqua Therapy Step System Swim Cyclette UV Light for Sexually Assaulted Victims Telehealth Monitoring Units
CAPITAL EQUIPMENT (MAJOR/MINOR):
PATIENT/COLLEAGUE ASSISTANCE:
Surgical Eye Trays, Arthroscopy Tray and Hand Table (Cheboygan Campus) Capnography Monitors Recumbent Elliptical and Recumbent Cross Trainer Jaundice Meter Bilirubin Blanket Transportation Vans (Adult Day Center) 26 Life Stat Cardiac Resuscitation Units Head and Neck Gel Positioner Imaging Services Radiography Fluoroscopy System
Adult Patient Assistance Fund Adult Day Center Respite Care Fund Kathleen Jontz Breast Health Fund Colleague CARE Fund Cheboygan Campus Patient Assistance Fund Pediatric Patient Assistance Fund Moran Iron Works Fund Kalahar & Tost Family Pediatric Patient Assistance Fund Cardiac/Pulmonary Rehab Assistance Fund
EDUCATION AND SCHOLARSHIPS:
Scholarships disbursed from the following funds: Colleague Continuing Education Fund DeVet and Munsterman Fund Joan Jensen Haupricht Endowment Fund Griffin Sleep Center Fund Healthcare Nursing Scholarship Heart Services Colleague Education Fund Meengs Heart Failure Fund Reberg Scholarship Fund S.T. Kutcipal Endowment Fund Ann and Tom Stallkamp Education Fund Baiardi Family Foundation Laboratory Education & Equipment Fund Radiation Oncology Education Fund Schirmer Family Fund Volunteer Services Endowment Fund
FACILITIES/IT:
Major Renovation of the Outpatient Cancer Center Surgical Lights Flooring and Artwork for the Walstrom-Flint Infusion Center Renovation of the Nurses Station in the Emergency Department (Cheboygan Campus) Furniture and Fixtures for the Cheboygan Hospice House
Due to space limitations, we are unable to list all of the areas where your generous support has made a difference. If you supported a program or project not highlighted, please know that your gift made an impact in the lives of patients seeking care at McLaren Northern Michigan.
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2015 Funding Priorities 2015 Fundraising Goal
$6,400,000
McLaren Northern Michigan Petoskey Campus*...................................... $5,858,000 Area of Greatest Need (Unrestricted)....... $1,700,000 Cardiovascular Services................................. $500,000 Neuroscience Services......................................$50,000 Oncology Services........................................... $250,000 Women & Children Services.............................$25,000 Programmatic Trauma Center – Level II Designation.....$1,770,000 . Patient Assistance..........................................$100,000 Colleague Scholarship/Continuing Ed........$140,000 Community Health Education........................ $40,000 Research............................................................. $25,000 Kathleen Jontz Breast Health Fund.............. $65,000 Patient Navigators for Oncology Services...........................................$200,000 Palliative Care..................................................$100,000 Various Restricted Funds............................... $663,000 Contingency..................................................... $230,000
Boulder Park Terrace*.......................................$50,000 McLaren Northern Michigan Cheboygan Campus*.........................................$50,000 VitalCare Programs*.......................................$442,000 Hospice of the Straits........................................$70,000 Unrestricted Fund & Cheboygan Hospice House Hospice of Little Traverse Bay....................... $150,000 Unrestricted Fund & Hiland Cottage and Garden Hospice of the Sunrise Shore...........................$16,000 Adult Day Center.................................................$76,000 Unrestricted Fund & Caregiver Respite Assistance Telehealth Program...........................................$35,000 Bereavement Programs....................................$75,000 Adult, Children & Infant Loss Quality of Life Fund............................................$10,000 Volunteer Programs...........................................$10,000 *Donations made to McLaren Northern Michigan Foundation remain in northern Michigan. As always, contributions are used only as specified by our donors. A gift given to a specific location, program, or project will only be used for that purpose.
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