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Ways to Give
Thank you for considering a gift to Olney Friends School! Each gift is important, regardless of size. The school’s health is shown not just in strength in dollars, but in number of donors. When we apply for a grant, the grantor asks what percentage of parents, alumni, board members, and friends make gifts to the school.
There are many ways to make a significant, tax-wise investment that will support Olney Friends School’s work both immediately and in the long term. For more details, or if you would like to have a conversation regarding one of the following gift options, please contact Heather Best (Director of Development) or Charlie Szumilas (Head of School) at 740-425-3655: Heather at ext. 204 and Charlie at ext. 201.
Current Gifts
Please consider outright gifts that can be used to meet the school’s annual operating needs, including teacher salaries, laboratory materials and equipment, and speakers and field trips.
Endowment Gifts
For the school’s long-term flourishing, we also welcome gifts to help us grow the Olney Friends School endowment.
Cash
Cash or gifts by check are always welcome and are tax-deductible. The tax savings from the deduction will depend on your tax rate and other factors.
Monthly Gifts
For those who prefer to automate their giving, there are three ways to make a monthly gift to Olney: (1) You can set up a monthly direct deposit from your bank account. (2) You can use a monthly bill paying service. (3) You can make a gift through payroll deduction if your employer has a program to do this. See the PDF link at the bottom of this page to get started.
Securities and Mutual Fund Shares
Giving appreciated assets maximizes your charitable contribution. Because of capital gains considerations, it is more beneficial to contribute appreciated securities directly to Olney rather than to sell them and donate the proceeds of the sale. Please contact us for specific instructions on transferring securities to Olney.
Planned Gifts
Irrevocable planned gifts are gratefully accepted from those of all ages. Examples of irrevocable planned gifts include charitable gift annuities, charitable remainder trusts, charitable unitrusts and certain forms of insurance gifts. Gifts will be counted at the gift value (not face value) of the gift as determined by IRS regulations.
Bequests are gratefully accepted. If desired, the donor may elect to make a commitment to the school that will be honored through their will or estate. Please help the school by providing such commitments in writing. If a percent of an estate is designated, we would be grateful for an estimate of the value of the gift at the time the commitment is made. We are happy to provide sample bequest language upon request. If desired, the donor may elect to make a commitment that will be honored through their will or estate. Such commitments must be in writing. If a percent of an estate is designated, please provide an estimate of the value of the gift at the time the commitment is made. This is the value that we will use for recording purposes.
Bequests are gratefully accepted. If desired, the donor may elect to make a commitment to the school that will be honored through their will or estate. Please help the school by providing such commitments in writing. If a percent of an estate is designated, we would be grateful for an estimate of the value of the gift at the time the commitment is made. We are happy to provide sample bequest language upon request. If desired, the donor may elect to make a commitment that will be honored through their will or estate. Such commitments must be in writing. If a percent of an estate is designated, please provide an estimate of the value of the gift at the time the commitment is made. This is the value that we will use for recording purposes.
Charitable Gift Annuities
Many friends of Olney are faced with the challenge of balancing their desire to support Olney with their need for financial security in retirement. A gift annuity to Olney, issued and administered in partnership by Friends Fiduciary Corporation, can serve as a safe and convenient way to receive life-time income and also respond to the desire to support the mission of Olney Friends School. Annuity rates are tied directly to the age of the income beneficiary at the time the gift is made. The minimum gift for an annuity is $10,000.