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Gift Annuities

  • 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 

    For more information, please call us at 815-939-5171 or email us at development@olivet.edu.

    We also encourage you to visit our Planned Giving Center for more information on Gift Annuities and other forms of planned giving.

    Your Gift Now

    Contact Us 

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  • Establish income for life with a Charitable Gift Annuity!

  • Phil and Pat Meredith Photo

    Phil and Pat Meredith

    Saint Simons Island, Ga.

    Phil and Pat Meredith became acquainted with Olivet while attending Chicago First Church of the Nazarene. During the 25 years they spent in Illinois, they met a number of alumni and faculty from Olivet....More

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