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Dale and Pat Te Kolste: A Legacy Built Together

Pat and Dale Te Kolste

Pat and Dale Te Kolste’s gift of life insurance will profoundly impact the health of the community and Methodist Hospital Foundation far into the future.

Theirs is a true love story upon which others could be based—70 years of marriage that began with a blind date in college and included a courtship interrupted by World War II.

"He was gone four years. We laughed that we carried on our courtship through mail."

Dale and Pat Te Kolste shared an extraordinary life#8212;and built a remarkable legacy#8212;together.

"I wanted to be his support," Pat says. "Whatever he went into, he could always be sure I was going along with him."

The journey included Dale's professional ascension at Northern Natural Gas (which later became InterNorth), the births of their three children, and an extensive list of involvements that profoundly impacted our community and Methodist Health System.

Pat, who started her career as a teacher, volunteered at the old Methodist Hospital at 36th and Cuming streets and later served on the Boards of Methodist Hospital Foundation and Nebraska Methodist College.

"I really enjoyed everything I did for the Boards," Pat recalls. "I thought, ‘This is the most forward-looking group that I have ever known.'"

Dale, instrumental in helping to integrate Omaha Public Schools in the 1970s, served as Chairman of the Boards of Nebraska Methodist Hospital and Methodist Health System.

"I'm grateful that he could live as long as he lived," Pat says. Dale died of pneumonia February 13, 2016, at the age of 95. He included Methodist Hospital Foundation in his estate plan with a gift of life insurance. Pat continues to enhance the couple's charitable legacy with ongoing support of the Foundation and 125-year-old Nebraska Methodist College.

"I was always very much interested in the college. I have so much faith in that establishment. I don't want there to be any question whether it can go on. That would break my heart. I think we are turning out super people."

Those "super people" owe a debt of gratitude to two Nebraska natives whose decades-long love story included a deep devotion to community-and a desire to elevate it together.

To learn how you can follow in Dale and Pat's footsteps and ensure that Methodist Hospital remains a strong presence in our community, contact Elizabeth Borisow at (402) 354-4825 or

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A charitable bequest is one or two sentences in your will or living trust that leave to Methodist Hospital 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 Methodist Hospital Foundation, a nonprofit corporation currently located at 8401 West Dodge Road, Suite 225, Omaha, NE 68114-3447 , 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 Methodist Hospital 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 Methodist Hospital 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 Methodist Hospital 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 Methodist Hospital Foundation where you agree to make a gift to Methodist Hospital 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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