Want an opportunity to support Olivet's mission while also securing reliable income for the rest of your life? Establish a Charitable Gift Annuity (CGA) with Olivet.
Creating a Charitable Gift Annuity with Olivet is a convenient way to make a contribution that benefits both you and the University. Your investment will provide steady, fixed payments for the rest of your life.
Gift Annuities provide you with a number of options. You can decide to establish either a One-Life Gift Annuity (income is paid to a single person for life) or Two-Life Gift Annuity (income is paid to two people for life).
If you’re ready to make a contribution to the University, but don’t need to receive Annuity payments immediately, you can establish a Deferred Gift Annuity. This will delay income payments from your Annuity to a future date and allow your payout rate to appreciate.
You can also designate the Gift Annuity payments to a third party, such as a child, friend or sibling.
Funding a Gift Annuity
A Charitable Gift Annuity can be established through Olivet with a minimum contribution of $10,000. Types of donations include: cash, appreciated stocks and bonds, and real estate.
Your benefits
- Helping Olivet students both today and tomorrow
- Generous, fixed-rate payments to you or a loved one for life
- Favorable payout rates
- Significant tax advantages
- Immediate tax deduction
- Partial tax-free income from your Annuity
- By-pass capital gains tax for gifts of appreciated securities or property
- Qualification for Heritage Society membership
How to gift with an annuity
For more information, please call us at 815-939-5171 or, send us a message »
We also encourage you to visit our Planned Giving Center for more information on Gift Annuities and other forms of planned giving.
