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FORESIGHT – Fall 2021

Michael J. A. Smith

Letter from the Professional Advisors Council chairman

Today, very few folks (if any) recognize the name, Allen Saunders. If so, they might remember the comic strips he created like Steve Roper and Mary Worth way back in the day (but let me not divulge any more clues about my age).

Read Full Letter

The Importance of a Health Care Proxy

What Is a Health Care Proxy?

There is often confusion surrounding the difference between a health care proxy, a living will, and a power of attorney. Each of these can be very useful but are distinct from one another in their purpose.

More About Health Care Proxies

Health care proxy

Support Calvary’s Mission with an IRA Charitable Gift

Action is required now to take advantage of this giving opportunity.
Your gift to Calvary Fund, Inc. must be made before December 31.

Best Way to Make Charitable Gifts over 70½

Donor Stories: Ronald De Rubeis

I first learned about Calvary in 1957 when my grandmother was admitted. She had been in the U.S. only one year. A native Italian, she came to live with my aunt, who had emigrated from Italy two years before on the last successful trip of the Andrea Doria.

Read Ronald’s Story

Giovannina De Rubeis

Christies Planned Giving Reception

On Tuesday, July 13, 2021, Calvary held our Annual Planned Giving Reception for members of The Society of 1899. Over 100 individuals joined us for the first-ever virtual event, which was hosted by Christie’s, the famed auction house.

View a Recording of the Virtual Event

Donor Stories: Jose Diaz & Cindy Cosma

In September 2021, Jose Diaz married the love of his life, Cindy Cosma. They encouraged guests to make gifts to Calvary Hospital in lieu of wedding gifts.

Read Jose and Cindy’s Story

Cosma Family
estate planning

National Estate Planning Awareness Week (Nepaw) October 18 – 24

This is an important public awareness campaign designed to help us understand why an estate plan is essential to our financial wellness.

Every Adult Should Have a Will

Gifts Through IRA

We give thanks to Calvary Hospital donors who contributed through an IRA this year. Your contributions help sustain programs for our patients and families year-round. Your commitment is a tribute to the brave nurses and essential staff dedicated to carrying forth Calvary’s mission to patients and families in need, in the hospital and in the field.


Anonymous (3)
Connie Attanasio
Jeanne & Paul Carroll
Deborah M. & Maurice F. Curran
Robert L. Kreppel
William J. Allingham


Ray Z. Mishler
George Benczak
Paul A. Battiste
Kathleen & Walter A. Probst
Eileen P. Feely
Ann MacMurray


Michael J. & Maureen L. Donahue
Mary Ruth Wiegard-Becker
Irma Coster-Lynch
Kathleen F. Pollina
Carol A. Kapp
Loretta & Paul A. Golinski, Esq.

Calvary Hospital Donors: The Society of 1899

Calvary Hospital was founded in 1899 by dedicated volunteers with supporting gifts and bequests dating back to the turn of the century.

The Society of 1899 honors their legacy of compassionate care for those most in need. For more information on becoming a member or other planned giving opportunities, please contact Elizabeth Edds Kougasian, Esq., Director of Major and Planned Gifts at 718-518-2000, ext. 2128 or via email at ekougasian@calvaryhospital.org

Society of 1899


Dorothy Altman
Elaine & Manfred Altstadt
Rose M. Angelicola
Philip Arena
Connie J. Attanasio
Jane Auriemmo
Barbara Badyna
Frank Baio
Carolina Baròn
Diane J. Berkowitz
Elizabeth Bertoldo
Lorraine M. Braun
Marcy Brownson
Mary & William Buckley
Thomas E. Buckley
Frank A. Calamari
Alice Callaghan
M. G. Campbell
Louis A. Caputo Jr.
Yolanda Clyne
Margaret Cremmins
Cynthia J. Cupolo
Diane Darrow
Lorena De Filippis
Ronald R. De Rubeis
Carmen J. De Simone
James & Carol Di Lorenzo
Joyce Dolin
Mary J. & George T. Donahue
Ellen Emery
Mary T. Fahy
Ann Fanizzi
Philomena R. & Thomas G. Ferrara
Gary & Audrey Ferraro
Ouida St C Ffrench
Lydia Figueroa
Stefano L. Filiberti
Mary Fittig
Claire A. Fordrung
Mary Louise Formato, MD
James J. Fox


Richard D. Freedman, MBA, Ph.D.
Chaim Freiberg
Cynthia Gagen
Catherine & Vincent Galatino
Joann V. Galdi
Clare C. Garetano
Steffi A. Gavin
Magdalen Gaynor, Esq.
Carolyn Gentile, Esq.
Lynne Geras
Jim Giannone
Barbara Gottlieb
Jane Mack Gould
Arlene A. Graci
Mary Graci
Eleanor M. Grober
Susan Grossman
Doris Hanel
Laurie Hathorn
Eliezer & Sherry Hyman
Jenny Jassey
Robert A. Jones
Linda A. Karam
Tomas & Jane Killilea
Edith P. Klarmann
Luisa A. Kley
Joanne Knetge
Terence Kreider
Armando Leone
Edward & Barbara Levine, PhD
Marcia G. Levine
Lucille Lew
Phyllis Mate
Nancy Stein & Edward F. McDermott
William A. McKenna Jr.
Lorraine Melora
Paul S. Mesard
Roseann Mincieli
Joan & Richard Montemarano
Margaret P. Moran
Christina Mullarkey


Kathleen Murnion
Domenick M. Muro
Rosemary Nalbone
Catherine M. Namias
Ruth L. Nelson
Madeline G. Newbauer
Barbara A. O’Brien
Kathleen F. O’Connor
John F Palisi
Louise M. Parent, Esq. & John Casaly
Susan Pav
Marie R. Porcello
Elaine M. & Marc E. Prager, MD
Lucille Prudente
Christiane R. Quinif
Pam Geraldi Rabin
James P. Reilly
Thomas Revello
Jane M. Roeser
Yale Rosen, MD
Paul I. Rosenberg, Esq.
Catherine Sabino
Joan Salb
Jane M. Shaw
Nancy Moore Simpson
Carol A. Sonnessa
Vincent J. Spinelli
Elliot J Stamler
Reinhold Stehle
Merle Steinberg
Terry Sullivan
Patricia S. Sullivan
Virginia L. Swift
Robert Temliak
Linda Terrasi Cezanne
Laura D. & Gerald C. Tobin
Joyce Toy
Nancy Underwood
Gail Wayne
Edwin D. Wood
Rose Carmen Zanca

Professional Advisors Council (PAC)

The Calvary Hospital Professional Advisors Council (PAC) was established in 2001 to assist the Board of Directors and the staff of the Hospital with securing the financial support required to operate the nation’s only acute care hospital dedicated solely to the palliative care of adult patients with advanced cancer and other life-limiting illnesses.

PAC members are volunteers from the legal, investment, accounting, insurance, and banking professions.

Michael J.A. Smith

Andrea Hyde, Esq.

Colleen F. Carew, Esq.

Daniel J. Arciola, Esq. Kristin J. Ashman, Esq. Richard J. Bowler, Esq. Bonnie Brennan Brian P. Corrigan, Esq. David Crimmins Ronni G. Davidowitz, Esq. Keith C. Dolin Thomas G. Ferrara Amber Ferrero, CIFA Robert M. Freedman, Esq. Magdalen Gaynor, Esq. Paul Golinski, Esq. Rorrie Gregorio Judith Grimaldi, Esq. Charles J. Groppe, Esq. Edward D. Heben, CPA Leah D. Hokenson, Esq. Gerard F. Joyce, Jr., Esq. Peggy Sheahan Knee. Esq. Stanley S. Leffler, Esq. Martin E. Levine Rebecca Lockwood, Esq. Mary Ellen Manley, Esq. Michael M. Mariani, Esq. Daniel J. McSwiggan, Esq. Lee Miller, Esq. Kate Mulvany Charles J. Ogeka, Esq. Timothy M. Paul, Esq. Victoria Richardson Paul I. Rosenberg, Esq. Eileen Caulfield Schwab, Esq. Joseph P. Scorese, Esq. Alan D. Seget, Esq. Erin Gilmore Smith, Esq. Frank W. Streng, Esq. Joseph A. Tarantino Gerald C. Tobin, Esq. Wayne L. Warnken, Esq. Michael R. Weaver, Esq.

Letter From The Professional Advisors Council Chairman

Michael J. A. Smith
Dear Friends of Calvary,

Today, very few folks (if any) recognize the name Allen Saunders. If so, they might remember the comic strips he created like Steve Roper and Mary Worth way back in the day (but let me not divulge any more clues about my age).

Saunders was a writer, journalist and cartoonist who also happened to pen a saying that I often summon up when things get more out of whack than usual: “Life is what happens to us while we are making other plans.” This adage collides head-on with us practically daily in forms ranging from unexpected good news to sudden tragedy. Both will bring about changes in priorities and plans.

It seems harder than ever now to attain a sense of control with all the discourse swirling about political stalemate, vaccination turmoil, climate change, and our children’s education – just to name a few. While many issues are beyond our capacity to resolve single-handedly, there are at least some planning measures closer to home that could help us anticipate some of life’s curveballs; they are discussed in this issue of Foresight.

Health Care proxies and living wills can clear the way for our prompt, seamless care in the event of illness, sudden or otherwise. And the importance of having a will should be self-explanatory, yet only thirty-two percent of U.S. citizens have a valid will.

This is a shocking, shameful statistic. If you die without a will, your state will dictate who gets your assets – which can be precisely what you didn’t want to transpire. In a similar vein, there is another notable adage courtesy of the British army that bears repeating (in its sanitized version): “Proper Prior Planning Prevents Poor Performance.”

Proper and effective estate planning is the watchword for our Professional Advisors Council (PAC). To this end, the PAC annually structures a program focused on ethical issues involved in various aspects of estate planning.

Before the end of the year, we will host our next Annual Attorney Conference. This virtual event will be on “Ethics for Breakfast: The Best-Laid Plans of Mice & Men – Ethical Considerations in Representing the Charitably-Inclined Client.” The Honorable Nora S. Anderson will once again be returning to moderate the panel, which includes John Sare, Esq., Partner, Patterson Belknap; James Sheehan, Esq., Chief, Charities Bureau, Office of the New York Attorney General; Conrad Teitell, Esq., Principal, Cummings & Lockwood LLC; and Jordan Weinberg, Esq., Principal, Bressler, Amery & Ross. It will be both a provocative and informative session!

As I always say, and happily repeat, thank you for all you do for Calvary.

Michael J. A. Smith
Michael J. A. Smith
Chairman, Calvary Hospital Professional Advisors Council, and Member, Calvary Fund Board

The Importance of a Health Care Proxy

Proxy signing
What Is a Health Care Proxy?
There is often confusion surrounding the difference between a health care proxy, a living will, and a power of attorney. Each of these can be very useful, but are distinct from one another in their purpose.

It’s critical to understand what a health care proxy is, how it differs from other directives, and why it’s a crucial component of your health care decision planning.

A health care proxy is a legal document that appoints someone else to serve as your Health Care Agent (HCA) in regards to health care decisions when you are unable to do so for yourself. An HCA speaks on your behalf, expresses your wishes, and has the authority to make medical decisions. Thus, an HCA becomes your voice for all of your healthcare decisions.

Living Will
A living will is a document in which an individual records their end-of-life and critical health care decisions.

It doesn’t grant legal permission to any one party to act on their behalf as an HCA. It simply helps your wishes to be known.

Power of Attorney
A power of attorney grants an individual the ability to make financial decisions – and only financial decisions – on your behalf. A power of attorney can’t make health decisions for you, just as a Health Care Agent can’t make financial decisions. Both are separate but important appointments.

Why Should You Have a Health Care Proxy?
While a living will documents your wishes for many health care situations, it can’t anticipate all of them, and it doesn’t ensure that those wishes will be carried out. By appointing an HCA who you trust, you can have confidence that your health care decisions will be honored, even if you haven’t documented them.

You can make this process easier for your HCA by making sure your Agent knows your values, religious beliefs, general feelings regarding caregivers and health care institutions, and specific life-sustaining and end-of-life preferences.

When Should You Obtain a Health Care Proxy?
It’s crucial to fill out a health care proxy and appoint an agent as soon as possible. No one knows when critical health care decisions may have to be made, and health emergencies can’t be predicted.

Important Considerations When Selecting a Health Care Agent
A health care proxy is a very personal and important document. Here are a few tips to keep in mind as you determine who to appoint as your HCA.

  • Discussion with your doctor and family is the most crucial step. You may want to use a health decisions workbook to help you clarify your wishes. A good source for a workbook: https://theconversationproject.org/wp-content/uploads/2020/12/WhatMattersToMeWorkbook.pdf
  • Keep your health care proxy documents up-to-date to reflect any changes in personal information for you or your proxy.
  • Make your family and close friends aware that you have a health care proxy and HCA to prevent any confusion and uncertainty during a critical time.
  • Your Health Care Agent should be someone you trust to make your healthcare decisions on your behalf.
  • While you are still competent, you have the right to override your HCA’s decisions or revoke the directive at any time.
  • Understand the difference between a health care proxy and other directives so that all bases are covered.

Learn More About Advanced Care Planning & Health Care Proxies: www.calvaryhospital.org/acp

Legislation Has Made The Ira Charitable Rollover Permanent!

Action is required now to take advantage of this giving opportunity.
Your gift to Calvary Fund, Inc. must be made before December 31.

The 4 Basic Requirements Are:

  1. The donor must be 70½ or older.
  2. The gift must be made directly from the IRA to an eligible charity, such as Calvary Fund, Inc.
  3. Gifts to all charities combined cannot exceed $100,000 per taxpayer per calendar year.
  4. The gift must be made outright – the donor cannot receive any material benefit from the charity in exchange for the gift.

Here Are The Simple Steps To Make A Gift:

  1. Contact your IRA custodian (“the Fund Manager”).
  2. Instruct the Fund Manager that you want your distribution – or a portion of your distribution – to be a charitable rollover gift to Calvary Fund, Inc.
  3. Advise the Fund Manager to include your name and your address on the check or transmittal document; and notify Calvary of the gift.
  4. Contact Elizabeth Edds Kougasian, Esq. Director of Major and Planned Gifts at ekougasian@calvaryhospital.org or 718-518-2000, ext. 2128

National Estate Planning Awareness Week (NEPAW)

estate planning
A will is a key element in any estate plan.
Surprisingly, only 32% of the US population currently has a will. (Source: Caring.com)

One of the most common myths is that wills are only for the super wealthy. The reality is that every adult should have a will, even those with modest estates.

In order to make a will, you need to determine your assets.
This can be anything of value that can be converted to cash. People usually think of the home they live in, vehicles, bank accounts, IRAs and mutual funds.

What if you owned a pristine first edition of the original Superman comic book? How about a vintage car or motorcycle that you lovingly restored? Perhaps your parents left you a lucrative business they started 50 years ago. These are all assets that should be addressed in a will.

Hiring experts to help you appraise these things will ensure you put a proper value on your assets. For artwork, furniture and even comic books, Sotheby’s, Christie’s and Doyle NY are good sources for expert appraisers. They employ people who are often world-renowned experts and can recommend others in fields they do not cover. If you or your asset are not in close proximity to the auction houses, you may find a local appraiser by contacting the American Society of Appraisers through their website, www.appraisers.org

LEARN MORE: www.calvaryhospital.org/acp or www.naepc.org/events/awareness_campaigns