Your act of generosity,
With planned giving, you can provide long-lasting support for the Congregation of St. Joseph while enjoying financial benefits for yourself.
Siemers' Gift Provides for Family and the Sisters
During those years, Tom was asked to serve on the school board. He and Susie worked on many capital campaigns for the school. For more than 35 years, Susie also has been involved with the Salvation Army's "Christmas Toy Shop," which provides gifts for needy children.
Later on, when the founding congregation of the Sisters of St. Joseph of Medaille moved its central offices to Cincinnati, Tom became a member of the congregation development council and the financial advisory board. In Cincinnati, Susie and Tom chaired the annual fundraiser called "Rollin' on the River," a riverboat cruise, dinner and auction on the Ohio River. He was never known to say "no" to any commitment of time or energy to help out.
What made Susie and Tom become so involved with the Sisters of St. Joseph? "We had the wonderful example of our parents, and we believe in the sisters' mission," Tom explained. "Because God had blessed us with many gifts and financial resources, we know God expects us to share those gifts," he continued.
This philosophy is behind the Siemers' decision to create a Charitable Remainder Trust to benefit several charities including the Congregation of St. Joseph. Tom shares, "My intention was to give to several charities, avoid Federal estate tax to the extent possible, and provide additional income for my wife during her lifetime, with the net effect of providing more of an inheritance to my children and grandchildren than I would without the Charitable Remainder Trust." Tom believes this method of giving accomplishes these desires.
Tom previously was CEO and president of Franklin Savings & Loan, where his daughter, Gretchen, serves as president today. She also carries on the generous traditions of her parents. "We are fortunate and appreciative of what God has bestowed on us over the years. We want to give back and make a difference. We hope and believe that our children will continue that family tradition," Tom concluded.
Usually charitable remainder trusts are created with appreciated stock or real estate. You will find a variety of information below about funding charitable remainder trusts through these methods and how they work. We hope you will look through this information and contact us if you have questions.