Broeckers Leave Bequest and CRT to Cathedral High School
Joe and Dianna Broecker recently began to look back on their life together and decided to provide financial support to the organizations that offered the most significant impact on their lives and to their family. Among them was Cathedral High School.
"Our family has fond memories that were created at Cathedral," said Joe '63.
Joe's brothers also attended Cathedral, John '54 and C. David '56. In addition Joe's sister, Mary Ann Munro graduated from St. Agnes Academy in '68. Joe and Dianna's sons Joe Jr. '84 and Tim '85, have continued the memories and Cathedral tradition as the second generation of Broeckers to attend. Nephews Mason '05 and Holden '07 are also alums; and Joe and Dianna could not be more excited as Brittany Broecker, their first granddaughter, arrives in August as a member of the Class of 2014. She'll be the third generation of their immediate family to call Cathedral High School "alma mater."
Joe was one of the founding Trustees as Cathedral transitioned from the leadership of the Holy Cross Brothers at 14th and Meridian, to its present location on 56th Street, and thus was able to remain a private, Catholic high school. In recognition of these strong ties, and the lifetime connections they have with Cathedral, the Broeckers decided to fund a Charitable Remainder Trust (CRT) with appreciated stock as part of their estate planning. This 20 year CRT will continue to benefit Joe and Dianna, and upon its maturity, will be disbursed to several named charities including Cathedral High School. The tax and income advantages to Joe and Dianna are numerous and came with the advice of a financial expert.
Cathedral prepares young people for college and life. These lifelong lessons and connections continue as graduates from Cathedral meet on a regular basis, not only throughout Indianapolis, but in cities around the country. The culture that has become Cathedral High School has endured for more than 90 years, and gifts like the Broeckers' insure the tradition of a Cathedral education will remain viable well into the future.
"We felt it was important to provide for the future of such a fine institution and those students who will someday continue to improve the world in which we live," Joe said. "So Dianna and I decided to leave a percentage of our estate to Cathedral High School, by making a provision in our will. We could think of no better contribution than to someone else's education. This is part of our life legacy."
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