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Doctor Expands Relationship With Methodist

Dr. William and Jeanette Schlichtemeier

Dr. William and Jeanette Schlichtemeier

Dr. William Schlichtemeier feels a strong connection to Methodist Health System. You might say it started on day one. He was born at Methodist Hospital.

"It was the beginning of a long relationship," Dr. Schlichtemeier says. "I'm proud of it."

Dr. Schlichtemeier grew up to become an Ophthalmologist and knew right where he wanted to work: Methodist. He spent over 30 years helping patients not only feel better, but see better. His desire to care for others is something he shared with his wife, Jeanette. She worked with the late Dr. Jerry Schenken and Dr. Robert Kruger, who were Pathologists at Methodist Hospital and Children's Hospital for many years.

The couple's bond with Methodist grew stronger as they became patients. Both underwent surgery and left with an even greater appreciation for the meaning of care.

Dr. Schlichtemeier and Jeanette decided to give back to the organization that has played such a big part in their lives. The idea was to do something that impacted Methodist and the entire community. They decided to establish a scholarship at Nebraska Methodist College – The Josie Harper Campus to support those going into health care.

Not only are Dr. William and Jeanette Schlichtemeier supporting the next generation of health care workers, but they are creating a legacy. The Dr. William and Jeanette Schlichtemeier Scholarship is going to help health care students at Nebraska Methodist College for years to come.

"One of the most important things we can do is to pay it forward and give younger people an opportunity," Dr. Schlichtemeier says. "The key to success is education."

Dr. Schlichtemeier understands the importance of education and the importance of health care workers. He helped create a partnership between Nebraska Methodist College and Murray Conestoga Public Schools. The program offers health care education for local students and community members so they can graduate with a certified nursing assistant (CNA) degree as well.

Conestoga provides the classrooms in its Nehawka-based building in Cass County, and Nebraska Methodist College provides instructors and laboratory equipment. Nine students participated in the pilot program which offers classes and training to become a CNA. The program began in August 2014 and the participants were able to graduate in December. Other degrees may be added in the future.

"I know how medicine can change lives, it did mine. I hope this program continues to impact future generations," says Dr. Schlichtemeier.

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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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