Ways to Give
CARES Act Expands Tax Deductions for Charitable Giving
Beginning with 2020 tax returns, all taxpayers will be able to claim up to $300 in cash contributions to charity as a deduction without itemizing. The CARES Act incentivizes Americans who are in a position to help others in need with a new “above-the-line” charitable deduction. Taxpayers will be able to claim up to $300 in cash contributions to a nonprofit this year. This deduction is from gross income for those who take the standard deduction on their 2020 tax return and will ultimately reduce the amount of taxable income.
All Olivet College supporters share one thing in common for their gifts: the personal satisfaction from making an investment in supporting the college’s commitment to educating students to be responsible learners and responsible leaders on campus and in their respective communities.
There are many ways to give and many options to choose when deciding how to give to Olivet College. Gifts of all sizes are powerful investments in Olivet’s mission. Your philanthropy helps educate deserving students, strengthen academics, creates solutions, aids in the pursuit of finding new knowledge, ultimately preparing tomorrow’s leaders and serving the public good.
Our Advancement office looks forward to working with you to help provide a better today and future for the college. You can make a gift in the following ways:
Gifts of Stocks
Gifts of stocks can be made by contacting:
Contact at Oppenheimer: Julie Vaughn 269-381-4800
Olivet College Account Number: B55-0117051-Z59
If you make a gift of stock, please call Michelle Wallenberg, gift and data management specialist, at 269-749-7932 so we can appropriately track your gift.
You can give current gifts online or by check, through stock, securities, IRA accounts, life insurance, closely held stock or real estate.
Gifts can be made through a charitable bequest, charitable gift annuity, charitable trusts, retirement account assets and real estate.