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Edson Bridges II: A Legacy of Impact Dating Back to 1969

Edson Bridges II

“Serving Methodist is one of the things the good Lord has given me the opportunity to do.”
— Edson Bridges II, President and CEO, Bridges Investment Counsel, Inc.

His involvement in the life of Methodist Health System can be measured in decades. Edson Bridges II, president and CEO of Bridges Investment Counsel and a soon-to-be inductee into the Omaha Business Hall of Fame, has served Methodist and Methodist Hospital Foundation in multiple capacities since 1969: trustee, vice-chairman of the Methodist Health System Board, Foundation director and current chair of the Methodist Physicians Clinic Board.

Edson was one of three trustees to investigate, plan and launch the Nebraska Methodist Health System in 1982, and he was also involved in the formation of Methodist Hospital Foundation.

“One of the happiest moments for me was getting the chance to close the first million-dollar gift that was made—and that was for the outpatient surgery center,” says Edson, whose grandfather and great-uncle were doctors at Methodist in the 1920s and 1930s.

In addition to generous investments of time, Edson and Sally, his wife of 61 years, are generous with their financial blessings. They support the Foundation through direct donations, a charitable annuity, trusts and a planned gift of life insurance.

“Life insurance is a product that we can all afford and it grows for the charity,” says Edson.

The Bridges’ philanthropy is tied to a promise Edson and his father made that a “good portion” of what they earned through the family investment business would “go back to the Lord’s work, which includes health care. ... It’s God’s blessing on us. We are just conduits.”

Their great generosity—and the beneficence of all Foundation donors—directly touches more than 40,000 lives each year and benefits thousands more through research, community health awareness and training for health care professionals. Donor dollars, Edson says, “do more good for human needs than virtually anything I know.”

He adds, “There isn’t anything I wouldn’t do for the institution, you can believe that, and I’ve had the privilege of doing so many things. ... I’d do it all over again if I could.”

You, too, can be a conduit to a healthier community by supporting Methodist Hospital Foundation. Contact Elizabeth Borisow at (402) 354-4825 or to find out how.

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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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