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A Picture of Generosity

Louise Bauer If you viewed Louise Bauer's life as snapshots in an album, you would find images of giving on every single page.

You would see her caring gently for her 85-year-old mother before and after the stroke that took the elder woman's life in 1983.

You would find her at a small jewelry shop in the Virgin Islands, purchasing a gold crucifix for her husband, Dr. John Bauer, a devout Catholic and anesthesiologist who wore it into surgeries for the rest of his career and until his death in 1995.

You would find images of Louise years later at the wheel of her red Volkswagen Cabrio, her signature red hair shining in the sun as she drove friend Anthony Amaranto and his brother – veterans of the Korean Conflict – down Grant Avenue in the Vandergrift Veterans Day parade. You would see her caring for Anthony as Parkinson's and Alzheimer's diseases took their toll.

The album would also be filled with images of faith. You would see Christmas programs at St. Thomas Grade School in Braddock, where she sang "Silent Night" as a child. You would find images of Bible studies and religion classes at St. Thomas High School, where she listened with an attention to detail that has kept the lessons fresh throughout her life.

And you would see Louise now, at 73, receiving the sacraments frequently at Christ the King Parish in Leechburg.

"The Eucharist to me is a miracle every time I go," she says. "I think with Catholicism, when you're there, you really feel like you're with the Lord. The priests ... these fellas have come right from the apostles. Every time you go to Mass, you can receive the body of Christ, and that just does something for me."

A Heart of Gold A wellspring for her generosity, Louise's faith has inspired generous contributions to her churches and the Diocese of Greensburg – one of which was a bequest in her will.

"It's easy to give," Louise says. Asked whether she designates her gifts for particular causes, she replies simply, "Anything they would do to help people resonates for me."

Louise's daughter, Mary K. Canzano, is not surprised. "She's extremely giving – to the point where she puts everybody else before herself," Mary says. "A lot of her time is spent visiting people. She has always helped everybody."

Snapshots cannot depict the intangibles we call "heart" – the decisions that guide us as we decide where to spend our money and time. But if they could, you would get a glimpse of the picture Louise's family and friends see every day: Louise Bauer has a heart of gold.

How to Help
For more information on how a planned gift works or how you can support our vital work, please contact Joseph DiMario at 724-552-2502 or jdimario@dioceseofgreensburg.org. We are happy to discuss these and other planned giving options to help you find the option that works best for your situation.

Contact Us:

Joseph DiMario | 724-552-2502 | jdimario@dioceseofgreensburg.org | 723 East Pittsburgh Street, Greensburg, PA 15601

A charitable bequest is one or two sentences in your will or living trust that leave to The Catholic Foundation for the Diocese of Greensburg 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 The Catholic Foundation for the Diocese of Greensburg, a nonprofit corporation currently located at 723 East Pittsburgh Street, Greensburg, PA 15601, 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 the Church 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 the Church 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 the Church 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 the Church where you agree to make a gift to the Church 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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