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A Partnership for Excellence

We have all been told practice makes perfect and, while experts debate the number of hours necessary or the type of practice that is best, one thing is clear: training improves performance. Iowa Central Community College and Trinity Regional Medical Center are partnering to provide our community with the optimum facility to safeguard the health of our residents and address trends that could negatively impact our health care workforce. The goal is to create a solution for the lack of clinical space which limits the number of students we can educate in the health care field at a time when the shortage of nurses is becoming a critical issue.

In June 2014 Iowa Central Community College received an $832,292 grant to purchase simulation mannequins, the supplies necessary to run them and salaries for lab personnel. The missing piece was space for a 10,000-square-foot simulation teaching center.

SimulatorA comprehensive plan has been developed to expand/renovate space at Trinity Regional Medical Center. The space will provide educational opportunities for students, practicing health professionals, nursing home and long-term care providers, and emergency personnel and volunteers who serve our region. This unique collaboration advances efforts toward the overarching goal of delivering the best health care services to the region.

How Does a Simulation Center Work?
Time spent in a health care simulation center can be compared to time spent by pilots in a flight simulation center - this experience provides health care workers the opportunity to master competencies or perform high risk procedures they do not often see, without the life and death consequences.

Floor planThe simulation center at Trinity Regional Medical Center will have state-of-the-art simulator mannequins that will operate wirelessly and can be adapted to different settings to simulate real life scenarios. Each lab will have audio visual equipment (cameras and computer software linked to the simulators) for observation, recording and review of the simulated scenarios. This will allow for classroom debriefing and an opportunity for students to watch the video and see and discuss good decisions as well as decisions that could have been better. In addition, students will use a simulated electronic medical record for a realistic charting experience. Four hours in a simulator lab are equal to eight hours in a hospital setting. This experience provides students with important skills in a controlled environment to build confidence and experience. Although the simulation center will utilize most of the current floor plan design, an estimated budget of $750,000 is needed to complete renovations. In addition, an estimated $150,000 is necessary to provide the simulation center with the required audio visual equipment.

This is a $900,000 project and you are invited to help Iowa Central Community College and UnityPoint Health - Fort Dodge achieve an important challenge. Your involvement in this project will help us deliver the best health care workforce throughout the region we serve. This remarkable teaching tool will assist in training our region's health care provider population-from physicians and nurses to first responders and volunteers.

Please give our project some thought and consider how you might be able to help us reach our goal. Your investment will help ensure that practice makes perfect and that North Central Iowa will continue to provide quality health care and a skilled workforce leading into the next decade.

Iowa Central Community College Foundation and Trinity Foundation are working jointly to raise the needed funds for the simulation center. Several naming opportunities are available and donations of all sizes are currently being accepted. Several Service Clubs, community businesses and individuals have already shown their support and we invite you to join innovative and exciting venture.

To make a gift or for more information on this project, please contact Carol Grannon at (515) 574-6794 or carol.grannon@unitypoint.org.

Thank you for your consideration.

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Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.

A charitable bequest is one or two sentences in your will or living trust that leave to Trinity Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Trinity Foundation, a nonprofit corporation currently located at 802 Kenyon Road, Fort Dodge, IA 50501, or its successor thereto, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Trinity Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Trinity Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Trinity Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Trinity Foundation where you agree to make a gift to Trinity Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.
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