2023 Spring FOCUS

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Local

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Family Grateful for Care That is Supported by Philanthropy IN THIS ISSUE Welcome New Board Members Charitable Giving and This Year’s New Laws Corporate Sponsor Spotlight: OBGYN West Under the Harvest Moon Breaks Records Register for Upcoming Events SPRING | 2023

Welcome to 2023!

As the new Foundation Board Chair, I’m excited about all this year has in store, including:

Events

 New! Join us for Pins for a Purpose at Bowlero in Eden Prairie on Friday, April 21. There are two time frames to choose from, including one that is family friendly.

 New in Le Sueur! Tastes, Tunes & Taps on Friday, April 28. Eat, drink and sing along to dueling pianos, Duelly Noted. All proceeds benefit the Ridgeview Le Sueur Campus.

 Golf & Taste Celebration is quickly approaching: Yes, spring is just around the corner, and so is registration for our annual golf tournament. This year, we’re also celebrating Ridgeview’s 60th anniversary at the event. Stay tuned for more details.

Cause for the Community campaign

In year one, our multi-year fundraising campaign met our goal of funding telemetry and clinical education. We have so much more to do together in 2023. Keep watching for updates on our next fundraising goal.

I personally have been involved with Ridgeview Foundation for years. As a local business owner and community member, my family and I know firsthand the importance of having quality health care close to home. I’m so honored to lead Ridgeview Foundation and ensure we all have the best care close to home. Whether you are a Corporate Partner, donate as an individual, contribute in-kind items or volunteer at events, it takes all of us to be successful. Thank you for your continued support of Ridgeview Foundation.

Welcome New Board Members!

Medtronic

John is responsible for developing and executing longterm Medtronic Supplier Outreach programs, including Supplier Diversity and Responsible Supply Management. He’s an active participant in local and national organizations dedicated to stimulating the growth of minority-owned, woman-owned, veteran, disabled, service disabled, HUB Zone and LGBT businesses. He and his wife reside in Chanhassen and enjoy time with their two bassett hounds.

Melissa is a 19-year veteran of Ridgeview, and she’s especially proud of the difference Ridgeview makes in the communities it serves. She lives in Cologne with her husband, Chad, and two children, Madelyn and Lucas.

Board of Directors

Katie Barnes, Chanhassen

Mike Bauer, Waverly

Brian Beniek, Mound

Jon Crow, Eden Prairie

Tim Foster, Wayzata

John Hayes, DEI Chair, Chaska

Dr. Bruce Hubbard, Excelsior

Ryan Johnson, Chanhassen

Kevin Koemptgen, Finance Chair, Chanhassen

Jessica Monarch, Plymouth

Jean Murray, Membership & Nominating Co-Chair, Denver, CO

Tim Samuelson, Membership & Nominating Co-Chair, Minnetrista

Ex-Officio

Tim Schmidt, Waconia

Hans Siefker, Minnetrista

Dr. Michael Smith, Tonka Bay

Chuck Spevacek, Minnetrista

Carla Struble, Chair, Chaska

John “JT” Taylor, Chanhassen

Melissa Timm, Cologne

Jennifer Tregarthen, Vice Chair, Waconia

Troy Werk, Secretary, Chanhassen

David Windschitl, Founder’s Society

Chair, Chanhassen

Nikki Vanecek, Edina

Ruth Vortherms, Le Sueur

Michael Phelps, President & CEO, Ridgeview

Kelly Mulleady, Executive Director, Ridgeview Foundation

2 | FOUNDATION FOCUS Spring 2023
Carla Struble
FROM
Chair, Foundation Board
THE BOARD

PLANNED GIVING

What to Know About This Year’s New Laws

A new year has brought more than just resolutions. It’s brought new laws and other changes that may affect your giving decisions. And with any economic change, you may be looking at your finances and wondering how you will be impacted.

The new laws include retirement changes, known collectively as “Secure 2.0,” that may affect your saving and your giving. They may even make it easier for you to make a difference at organizations you care about.

Some important things Secure 2.0 does that involve charitable giving:

1. Increases the required minimum distribution (RMD) age

Secure 2.0 increases the age retirees must begin taking taxable withdrawals to 73 in 2023 and 75 by 2033, up from the previous 72. It does not, however, increase the age an IRA owner can make a qualified charitable distribution. That age remains at 70½.

How does this affect me? Simply put, the extension of the RMD age gives you more time to save. You will enjoy additional tax-free growth. It also can be significant if you do not want to begin withdrawing retirement funds during an unsettled economic climate, giving you more time for your stock portfolio to recover.

2. Adjusts for inflation the $100,000 annual limit on direct gifts to qualified charities from your IRA

Are you 70½ or older? If so, you may know about a popular gift option that allows you to make a gift directly from your

IRA to a qualified charity without paying income taxes on the distribution. Historically, the amount you could give was capped at $100,000 per year. This figure will now be adjusted annually for inflation beginning in 2024.

How does this affect me? This allows you to not only increase your giving but also ensure your giving keeps pace with inflation. And you can make an impact – and see that impact – now rather than after your lifetime.

3. Allows for a distribution from your IRA to fund a life-income gift

If you are 70½ or older, you can make a one-time election for a qualified charitable distribution of up to $50,000 (without being taxed) from your IRA to fund a life-income gift such as a charitable gift annuity, charitable remainder unitrust or charitable remainder annuity trust.

How does this affect me? These types of life-income gifts allow you to make a gift to a qualified charitable organization and receive lifetime payments to boost your retirement income, or provide a lifetime payment for you or your spouse.

Let’s Talk!

We can help answer additional questions about how the new retirement laws affect your charitable giving. Contact Kelly Mulleady, CFRE, at 952-777-5099 or kelly.mulleady@ridgeviewmedical.org to discuss your legacy.

FOUNDATION FOCUS Spring 2023 | 3

Supporting its Patients and Community With Care and Philanthropy: Why OBGYN West supports Ridgeview Foundation

More than 40,000 patients a year trust the team at OBGYN West that includes 10 physicians, two physician assistants and one nurse practitioner at its Waconia, Chaska, Eden Prairie and Minnetonka locations. They provide a full spectrum of services at any stage of a woman’s life, including well women visits, mammography services, contraception, preconception counseling and infertility care, pregnancy, OB visits, post-partum, perimenopause and menopause.

OBGYN West is with their patients every step of the way.

Caring for Their Own

The team at OBGYN West doesn’t just see patients. Instead, it cares for mothers, daughters, sisters, neighbors and friends.

“The patients who are constantly telling their friends and family to come here, that speaks for itself, and we’re all proud of that,” said Ashley Andersen, MD. “When I’m out in the community, whether it’s with women at a neighborhood party or my son’s daycare, I’m always hearing from patients who love the care they’ve gotten here.”

The Secret Sauce

OBGYN West’s secret sauce lies in the internal culture that has been carefully cultivated over the years.

“We’re a family,” said Chris Gooder, OBGYN West Executive Director. “What makes this place special is not just the physicians, but the staff. We have people who enjoy coming into work, they enjoy seeing their coworkers, they enjoy taking care of their patients.”

“It’s all about the relationship,” said Dr. Andersen. “I have some patients who I’ve seen through that entire time. I’ve done surgery on them. I’ve delivered their babies. I get Christmas cards from their families.”

The team at OBGYN West performs 30-40 percent of its deliveries at Ridgeview. Therefore, its relationship is strengthened through philanthropic support of Ridgeview Foundation.

4 | FOUNDATION FOCUS Spring 2023 SPONSOR SPOTLIGHT
It’s important to give back to the community to push health care forward in the western suburbs and advance the surgical technology in labor and delivery.
– Dr. Matt Weinrich, OBGYN West partner
The OBGYN West team having fun and making a difference in 2022 at Under the Harvest Moon and Golf & Taste.

Giving Back

“Nine years ago, we made a commitment to get more involved in our communities,” said Gooder. “There’s a direct benefit to working with Ridgeview. Through our philanthropic work with the them, we have been able to raise money for Ridgeview initiatives that benefit the hospital, community and our patients. Working with the Ridgeview Foundation helps improve services, quality and patient care which makes Ridgeview a great place to receive care of any type.”

“It’s important to give back to the community to push health care forward in the western suburbs and advance the surgical technology in labor and delivery,” said Matt Weinrich, MD, OBGYN West partner whose been practicing for 20 years. “We need to stay competitive and that requires philanthropy.”

OBGYN West has been a member of the Ridgeview Foundation Corporate Partner program since 2013. Its team is regularly seen on the golf course for the annual Golf & Taste Celebration and at Under the Harvest Moon.

“By investing in Ridgeview Foundation, it helps to grow and support not only Ridgeview, but gives back to us and our patients. And, that benefits us all,” said Dr. Andersen. “It always feels good to give back to a worthy cause. And to give back to something you believe in really benefits the community. It’s something we are able to do and we feel really good about it.”

“I love my job,” said Dr. Weinrich. “It’s bringing a baby into the world. It’s amazing and there’s not a better job in medicine.”

OBGYN West Grateful Patient

In August 2021, Jackie and Derek Schulze of Waconia learned they were pregnant. Results from a routine ultrasound provided even more surprise.

“There’s two,” Jackie remembers telling Derek.

“Two what?” asked Derek.

“Two babies!” said Jackie.

Because Jackie and Derek were expecting twins, they had more appointments and more ultrasounds than during a regular pregnancy. In the third trimester, Jackie had preeclampsia, which is a complication of pregnancy. One month before her scheduled cesarean section, she was sent to Ridgeview to deliver the twins.

“That first night, we didn’t know if the twins would be able to stay at Ridgeview,” said Jackie. “It was a relief to learn they could stay here.” Thankfully, Ridgeview’s Level III NICU was well equipped to take care of the twins after they were born earlier than expected.

FOUNDATION FOCUS Spring 2023 | 5
Scan the code to read the full story of Carter and Nolan’s stay in the NICU.
6 | FOUNDATION FOCUS Spring 2023 EVENT RECAP
2022 THANK YOU TO OUR 2022 SPONSORS Check out a quick highlight video of the event! 12 TH 300+ $400,000+ Annual UHM Gala Attendees, employees, volunteers and community members Raised for our Simulation Program PREVOST PARTNERS INC PREVOST PARTNERS INC ockt © 2020 Lock on Compani All rights ed. Ltd. Join these Corporate Partners and have your organization support Ridgeview in 2023.
Under the Harvest Moon Gala Breaks Records in

SAVE the DATE

Mark your calendar for upcoming events!

2023 PINS FOR A PURPOSE

New

ARLINGTON GOLF CELEBRATION

Glencoe Country Club

Congratulations to the individuals who won big at our 2022 Arlington Campus Raffle drawing.

 Polaris Ranger: Cody Kasprick

 Traeger Grill: Rodney Dose

 YETI Cooler: Lisa Schweiss

Don’t miss out on the 2023 Arlington Campus Raffle! Details available online soon.

Register, become a sponsor or donate in-kind items now!

FOUNDATION FOCUS Spring 2023 | 7
GOLF & TASTE CELEBRATION Island View Golf Club In B owlero | Eden Prairie Back to the ‘60s UNDER THE HARVEST MOON Bavaria Downs, Chaska New In 2023 TASTES, TUNES & TAPS Inspired Technologies Le Sueur
RIDGEVIEW’S 60THANNIVERSARY
APR 21 JUN 26 APR 28 NOV 18 JUL 27 JUL 21

490 S. Maple Street, Suite 110

Waconia, MN 55387

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If you would like to stop receiving Ridgeview Foundation printed material, please send an email, including your name and address, to foundation@ridgeviewmedical.org or call 952-442-6010

READY TO Make a Difference?

Big or small, there are many ways to get involved with Ridgeview Foundation:

Host a community event

Would your business benefit from a partnership with Ridgeview Foundation? We’d love to brainstorm ideas that work for you.

In-kind donations

At our events, there are games and activities with prizes. These prizes are made possible through the generosity of the community. Individuals, businesses and more can donate items, and we’ll use them throughout the year at our events.

Volunteer at our events

Volunteers have so much fun at our events (and this year we have a lot of events to choose from)!

Attend our events

Bring your family and friends and join us at our events. There’s something for everyone with Ridgeview Foundation.

Share your grateful patient story

Connect with us and share your story!

Email angela.hoffman@ridgeviewmedical.org

Scan to learn more about these meaningful ways to get involved.
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