"I had the most wonderful parents on the face of the earth," John C. Rusnak says. "The biggest thing they left me was a very strong belief in the Catholic faith. Because I was born and raised in the Diocese of Greensburg, I decided to make a donation to it to honor my parents and to support the Catholic faith."
John memorialized his parents by setting up a charitable gift annuity with the Catholic Foundation for the Diocese of Greensburg to benefit the churches, schools and charities in the area.
"I believe charitable gift annuities are the best philanthropic vehicle in the entire landscape of giving options," John says.
As a retired accountant, John understands the financial benefits of this type of gift option where you receive fixed payments for the rest of your life after you make an irrevocable, tax-deductible donation, and at your passing, the remaining money goes to the Church.
"People often describe the legs of the retirement stool as your pension, Social Security and savings," John says. "Charitable gift annuities are like the fourth leg of the stool. They give you an immediate tax deduction, fixed annual payments for the rest of your life, and returns far in excess of what you can receive from a credit union, bank or certificate of deposit."
"But apart from feeling good about the financial investment, the real worth in this type of gift is in knowing that you're giving back and perpetuating the Catholic faith," John says.
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 email@example.com. We are happy to discuss these and other planned giving options to help you find the option that works best for your situation.