G I F T
P L A N N I N G
Petsches support internal medicine
residency program
M
ary K atherine “K athy” Petsche died on
Over the years, the Petsches have made dozens of gifts to
February 4, 2016. This summer, her legacy will be Baylor. Millions of dollars in support have been applied to sevused to help teach the newest internal medicine res- eral areas: research in oncologic nephrology, internal medicine
idents at Baylor University Medical Center at Dallas. research and education, gastroenterology fellowships and
Kathy and husband Arnold founded the A.E. Petsche Company arrhythmia and electrophysiology research.
in 1966. It is an aerospace wire and cable
Arnold favored the gift annuity option,
distribution business based in Arlington,
a simple contract between him, Kathy
Texas. They grew the family business into
and Baylor Health Care System
an international company with more than
Foundation. The Petsches would trans250 employees before retiring and selling
fer cash to the Foundation in exchange
the business in 2009 ... all while raising
for a fixed income for one or both of their
four children.
lives. Upon Kathy’s death, two contracts
The Petsches achieved great business
ended. The gift annuity proceeds will be
success but they also experienced heartused per their designation to train the
ache. They lost their son, John, to leukenext generation of internal medicine
mia when he was only four years old.
physicians at Baylor Dallas. Thirty-five
Later, their daughter, Susan, received
residents are trained through this procare at Baylor for cancer.
gram each year.
“She was diagnosed with stage 4 kid“We, as a family, have dealt with canKathy and Arnold Petsche (seated) with
ney cancer at age 44,” said her sister,
son Alan and daughter Julie cer, heart issues, liver failure and other
Julie Petsche Davidson. “She was
things,” said Julie. “No one wants to be
enrolled in clinical trials and received excellent care from Baylor. hospitalized, but when it happens it’s good to know you’re in the
We believe these efforts allowed her to live eight more years.”
best possible place — a place with the very best doctors, research
Grateful for the care they received, the Petsches began a pattern and care. We want to return the favor by honoring the people and
of giving back to Baylor. The most recent gift was in honor of the the organization that have given so much to us.”
Petsches’ physician, Paul Neubach, M.D.
“We first met Dr. Neubach during Susan’s illness. He became For more information on charitable gift annuities and the Petsches’
our family physician and has taken wonderful care of us over the story, go to www.BaylorHealth.PlanYourLegacy.org or contact Cynthia
years. He cared for my mother until her death,” said Julie.
Krause at 214.820.7928 or [email protected].
B E N E FIT S O F C H A R ITA B LE G I F T A N N U IT I E S
n Dependable, fixed income for life in return for your gift
n
An immediate income tax deduction for a portion of your gift
n Often increases the yield you receive from stocks or CDs
n
Part of your annuity payment will be tax-free
Baylor Health Care System Foundation does not provide legal, accounting or tax advice. Please consult your professional advisors for assistance in these areas.
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