When he retired, Dr. Vern Harrington worked to rekindle support for Duluth Clinic Foundation by helping raise $750,000 from his fellow physicians and colleagues.
When he died last January, Dr. Harrington again showed his support for the Foundation through generous donations from a charitable remainder trust and a beneficiary designation from his retirement plan. He and his late wife, Dottie, used estate planning tools to support research and education at the Duluth Clinic and to also benefit Essentia Health-St. Mary's Medical Center in Duluth.
Dr. Harrington, an internal medicine physician, joined the Duluth Clinic in 1952 and served as its president from 1974-75. A persuasive leader, he was known for identifying issues and seeking solutions. Dr. Harrington saw donations to Duluth Clinic Foundation as a way for physicians to demonstrate their commitment to the community.
"It was so obvious that Dr. Harrington enjoyed caring for people. Even in his Florida retirement years, he loved serving the community as a volunteer physician," said Steve Yorde, executive director of the Essentia Health Foundation.
"Vern's enthusiasm for medicine fueled his desire, and Dottie's, to give generously to the causes they believed in," says Dr. Robert Wahman, a former chair of the St. Mary's Medical Foundation. He noted Dr. Harringon was also a leader for the Duluth Superior Symphony Orchestra. "Vern was a very strong advocate for advancing medical care for the future and that's what the Foundation is all about."
Designating the Foundation as a beneficiary of a retirement plan is simple, much like naming a person to receive the money after your death, says Suzanne Anderson, director of development for the Essentia Health Foundation.
A charitable remainder trust removes the amount of the gift from the taxable portion of your estate and you receive an annual income from the trust, Anderson explains. Upon death, the remaining amount goes to the Foundation. It can be designated for research, education, a certain program or department, or it can be left unrestricted and used in the area of greatest need.
To learn more about estate planning and ways that you can help Essentia Health Foundation, please contact Anderson at (218) 786-1783 or firstname.lastname@example.org.