Gift Annuities
Support Olivet’s mission while also securing reliable income for the rest of your life by establishing a Charitable Gift Annuity (CGA) with Olivet.
Give to olivet and yourself
Create a Charitable Gift Annuity
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. 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). You can also designate the Gift Annuity payments to a third party, such as a child, friend or sibling.
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.
Getting Started
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.
To get started, please call us – (815) 939-5171
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
Contact Us
We’re eager to stay in touch with all alumni and friends of Olivet Nazarene University. Our development team will be glad to assist as you choose your way to support Olivet.
Office Hours: 8:00 a.m. – 4:30 p.m. (CST)
Make a gift by phone – (815) 939-5171