Riddle Hospital has been awarded a $250,000 state grant toward a “Virtual Buddy” monitoring system that will be installed in patient rooms throughout the facility, enhancing patient safety and care efficiency. This grant will allow Riddle Hospital to equip 118 patient rooms within the existing hospital, mirroring the state-of-the-art system being installed in the 76 rooms of the new 230,000-square-foot Patient Pavilion, which is scheduled to open in summer 2023. Installation for both parts of the hospital is scheduled for completion by spring of that year. Read more.
Saanvi Telukuntla and Srinita Paul Chowdhury, raised $400 from a lemonade drink stand to
benefit Riddle Hospital’s Campus Transformation Project. Thank you to this industrious group
of 8th grade students for choosing to support Riddle!
Upcoming event
Tree of Lights
We are very pleased to announce that our annual Tree of Lights ceremony, one of our Associated Auxiliary’s major fundraisers to support Riddle Hospital, will be an in-person event at 11:00 AM on December 12, 2022 in the Lobby of Riddle Hospital’s Health Center 3.
Help our December 2022 Holiday Tree shine brighter than ever and know your donation benefits the commitment made by the Associated Auxiliaries to Riddle Hospital!
Project S.N.A.P.
We are looking forward to the opening of the new patient pavilion in July 2023.
One of the great new features of the new pavilion is the new Project S.N.A.P. mural. We invite you, friends and family to participate in drawing a picture that will be included in the mosaic mural that will be prominently displayed in the Atrium Waiting Area. The mural will consist of many individual artwork tiles that are collected and combined to create a “big picture” that is unique to Riddle Hospital and our Delaware County community. The mural will be produced by Project S.N.A.P., a nonprofit organization. Visitors will be able to easily access the interactive mural platform via kiosk and quickly find their or loved ones’ individual artwork within the mural, and on SNAP’s online art museum gallery.
Drawing sessions will be held in the Foundation Conference Room, Health Center 1, Suite 210 on:
- Friday January 6, 2023 from 9:00 AM – 10:00 AM
- Wednesday, January 11, 2023 from 12:00 PM – 1:00 PM
- Thursday, January 19, 2023 from 3:00 PM – 4:00 PM
Sign-up for an artwork session
There is no cost to participate in submitting your artwork in the mural. Tile sponsorships are available from $1,000. Please contact Melissa Chirinos at [email protected] or 484.227.3509 for more information on Project S.N.A.P. or tile sponsorships.
Some example of pictures that will be included in the mural are pictured below. Thank you again for your support!
Unique holiday gift opportunity
Are you looking for a gift for the person who has seemingly has everything, or is very hard to find for a gift for? Look no further for a unique gift that will leave a legacy and is sure to be appreciated for years to come!
Honor your loved one with a naming opportunity at the new Patient Pavilion, starting from $1,000 per year for five years. You can name artwork, trees, benches and more In Honor Of or In Memory Of someone special. This is a limited time opportunity as naming opportunities must be finalized by March 31, 2023 in order to be installed before the new building opens in July 2023.
Contact Melissa Chirinos at [email protected] or 484.227.3509 for more information. We wish you and yours a wonderful holiday season!
Convert IRA distributions to tax-free giving
During this season of giving, many of us think about making annual gifts to the charities that resonate with us. Luckily, there are several different ways to give to nonprofits like Riddle Hospital.
Philanthropic retirees may have more options than most! Many can benefit from a special tax break for those who transfer funds to charity from individual retirement accounts (IRA). This strategy, known as qualified charitable distribution, or QCD, has grown in popularity among eligible individuals now that tax laws encourage millions of Americans to take the increased standard deduction.
QCDs are direct gifts from an IRA to eligible charities, such as Riddle Hospital. If you’re age 70½ or older, you may donate up to $100,000 per year, and it may count as a required minimum distribution (RMD) once you turn 72.
Typically, you can realize tax benefits either by increasing your itemized deductions – an option most individuals do not use – or by decreasing your taxable income, which is how QCDs work. With a QCD, you can lower your taxable income by as much as $100,000 per year. Lowering Adjusted Gross Income (AGI) can be beneficial since higher AGI can trigger other tax ramifications. For example, higher AGI may cause a hike in monthly premiums for Medicare part B and Part D.
Furthermore, beginning in 2022, two charitable tax breaks for making cash donations were removed. First, the $300/$600 tax deduction for non-itemizers is no longer available; and second, you can now only claim a deduction up to 60% of your AGI if you itemize (2021 permitted 100% of AGI). This leaves fewer avenues to realize tax benefits for charitable gifts. That, in turn, makes QCDs more valuable since they can replace these tax breaks by lowering your taxable income.
To qualify for this opportunity:
- You must be 70½ or older when you make the gift
- The gift of up to $100,000 must be made from a traditional or Roth IRA – no other retirement plans (such as 401k, 403b or SEP accounts) qualify
- Transfers must be made directly from an IRA account by your IRA administrator to Riddle HealthCare Foundation (if the custodian is sending a check directly to us, please ask them to note your name and address on the transmittal so that we may thank you for your generosity!)
- If you are utilizing an IRA checkbook for a QCD, please be sure to send it to us well before December 31 to ensure the check is deposited by year end and you get credit for your required minimum distribution
While most people don’t make charitable donations solely because of the tax breaks, QCDs are often a big win-win for donors and charities!
If you do not need your required minimum distribution for this year, consider contributing part of it to Riddle HealthCare Foundation using the Qualified Charitable Distribution. As always, we recommend checking with your advisor to determine whether this method of giving is right for you. Please visit our planned giving website if you’d like to learn more about these and other ways to plan a gift to Riddle Hospital, or contact us if you have any questions.
Thank you for investing in our mission to save and improve lives in our community.
Event update
The Riddle HealthCare Foundation hosted our 39th Annual Pro-Am Golf Classic at DuPont Country Club on September 15, 2022, benefiting Riddle Hospital’s Patient Pavilion & Campus Transformation Project. Save the Date for the 40th Annual Pro-Am Golf Tournament: Thursday, September 21, 2023 at DuPont Country Club.
Thank you to our hardworking Golf Committee and generous sponsors, golfers, volunteers and many more who came together to support Riddle:
2022 Golf committee
Event co-chairs
Colleen Arnold
Dave Hackett
Physician chair
John C. Munshower, DO
- Pete Derby
- Dan Doyle
- Donna Evangelist
- John Grove
- Eileen McAnally
- Barbara Madden, AuD
- Mike Magnavita
- Bill O’Shea
- Jim Pasquarello
- Don Saleski
- Chris Smith
- Drew Smith
- Dave White
Platinum sponsors
- DWD Mechanical Contractor Inc.
- P. AGNES
President's Circle sponsors
- Bluestone Communications
- IBEW Local 654
- Kemberton
- Wawa, Inc.
Gold level sponsors
- Anexinet
- Aqua America
- Ballinger
- CNI Sales & Proofpoint
- Cozen O'Connor
- Franklin Mint Federal Union
- Hyland Software
- JeffSTAT
- LAZ Parking
- Mazars, USA LLP
- Medical Guardian
- MidLantic Urology - Media Division
- NTT
- Bill and Mary O'Shea
- PIVOT Health Solutions
- Pure Project Management
- Southco, Inc. / Touchpoint
- Stevens & Lee
- The Henderson Group
- Unitex & Med Apparel Services, Inc.
- VISTACOM
Silver level sponsors
- Atwater Solutions
- CAREPOINT
- CDW
- Changing Social LTD
- Dr. Jerry Francesco
- FinThrive
- Harmony Health
- HealthBridge Musculoskeletal Center
- James J. Clearkin, Inc.
- LinkBank
- Meridian Wealth Partners
- Siemens Medical Solutions Health Services
Bronze sponsors
- Jones Lang LaSalle
- Rothman Orthopaedics
Golf ball sponsor
- Cozen O'Connor
Hole sponsors
- Mary Jo and Gary Grove
- Hassan C. Vakil, MD
- Kerschner Furniture & Global
- CDI
- Mimecast
Donations
- Dominick Balsamo
- Thomas J. Barker
- Karen Bogosian
- Carl Flaherty
- John P. Gallagher IV