No, it’s not too good to be true. Fred and Shari Raske feel they’ve experienced a richly rewarding life while they have generously invested in Olivet’s mission.
Fred’s degree from Olivet helped prepare him for a successful career in the pharmaceuticals field. Desiring to be good stewards of God’s blessings, he and Shari have been long-time supporters of the University. One of the significant ways they have given to Olivet is through appreciated stocks. In fact, many alumni and friends donate their company stock that they purchased at a reduced rate – or stock that was a company benefit.
The Raske’s knew to beware of the taxes on the capital gain if they were to simply sell their stock. They encourage others to resolve this issue as they have: explore donating stocks, mutual funds or other property that has increased in value.
“I want to provide scholarship support for students to help them with their educational goals within a Christian college environment,” says Fred. If you’d like to support Olivet’s mission and experience some tax relief by donating Securities, follow the steps outlined on our Securities page
The Raske’s have experienced significant tax savings because of their stock contributions. They are also pleased to make an additional impact through their gifts to the University. Fred says, “My contributions to ONU as an employee and now a retiree of a company that has a matching funds program were basically doubled once the company sent the matching funds to Olivet.”
Find out if your employer will match your giving!