Planned giving made easy through the Catholic Foundation for the Diocese of Greensburg

By Paul Puleo
Managing Director of Development and Director of The Catholic Foundation

GREENSBURG – One of the many ways you can help your parish or one of the numerous Diocesan missions is by including the Church in your estate planning.

Many people wish they could make a charitable gift through their estate but are concerned about preserving their retirement assets while providing financial stability for their families. The good news is that you can support your parish and our mission without impacting yourself or your family through several types of charitable gifts.

Below are some of the affordable ways that you can support the mission of our Church in the Diocese of Greensburg by working with The Catholic Foundation.

Gifts from a Will or Trust
Designating your parish endowment within the Foundation as a beneficiary of your will  or trust supports the future needs of your parish and  will not affect your cash flow during your lifetime. In addition, you may revoke this type of gift if your situation or goals change.  You can bequeath a dollar amount or a percentage of your estate when remembering the Church.

Beneficiary Designations

Naming either your parish or The Catholic Foundation as a beneficiary of a retirement plan, financial account or annuity is another way to help further our mission. You can continue to benefit from these assets during your lifetime. A beneficiary designation may also be changed at any time.

Life Insurance
You can name the Foundation or your parish as a beneficiary of your life insurance policy.

Also, you can make a gift from current assets in support of perpetual funds that your parish has created to support its operations, cemetery or particular needs or 200 other funds that support ministries across the Diocese.  Below are a few examples of assets, other than cash, that you can use to make a gift to the Church.

Qualified Charitable Distribution (QCD)

QCDs allow individuals aged 70½ and older to donate retirement assets directly to qualified charities without paying taxes on the withdrawals. Such donations can satisfy all or part of a donor’s  annual required minimum distribution.

Appreciated Marketable Securities

If you own appreciated marketable securities, you may donate  them directly to the Church without impacting your cash flow and possibly avoid paying capital gains tax on these assets.

If you are considering including the Church in your estate plans or would like to make a gift of current assets to support  your parish, cemetery, school or other Diocesan ministry, please contact me at 724-552-2509 or [email protected].  Please visit The Catholic Foundation for the Diocese of Greensburg webpage at dg.giftlegacy.com to learn more about how your gift can shape the future.

The Catholic Foundation for the Diocese of Greensburg is a not-for-profit, tax-exempt corporation established by the Diocese in 1986. The foundation exists to support the pastoral, educational and social service ministries of the Diocese. This includes, but is not exclusive to, parishes, Catholic schools, Catholic Charities, Catholic cemeteries and other diocesan ministries. These assets provide a permanent source of supplemental funding for a myriad of needs within the Diocese. Endowment funds are essential to the financial stability of our Diocese and parishes. The Catholic Foundation Board of Trustees, which is composed of laity from the Diocese, carefully manages all investments.

Our mission: The Catholic Foundation for the Diocese of Greensburg, through its philanthropic initiatives that are rooted in Gospel values and in the teaching of the Catholic Church, raises funds, awards grants and stewards assets in order to advance the mission of the Roman Catholic Diocese of Greensburg to proclaim in word and action the Gospel of Jesus Christ and to build up the Kingdom of God on earth.