Outright Gifts:

Cash gifts are the easiest method of giving: simply send a personal check made payable to: Oak Crest Institute of Science

Appreciated securities are another form of Outright Gifts, where donors making gifts of appreciated securities (stocks, bonds, or mutual funds that have grown in value) earn an income tax deduction equal to the fair market value of their securities and avoid capital gain taxes on the transfer. To receive credit for the current calendar/tax year, the electronic transfer from an account or the postmark on the transmittal of the stock certificates must be no later than December 31.

A residence or other real property may be given as an Outright Gift. Personal property such as paintings or library books can also make useful gifts.

Donation of life insurance is another attractive means of supporting Oak Crest. Here, the present cash surrender value of the policy is deductible as a charitable contribution. If donors continue to pay premiums after their gift, they are also deductible.

Outright Gifts may support current programs, establish or continue to support a named endowment or provide capital improvements. Those who give a total of $1,000 or more to Oak Crest in one fiscal year become a member of the Oak Crest Honorary Society.


Pledges:

A Pledge demonstrates the donors’ intention to make a gift to Oak Crest and may allow them to give more generously over a period of time than would be possible through a single contribution. A Pledge commitment to Oak Crest can be made to cover a period of three to five years.


Bequests:

Bequests create a lasting legacy to Oak Crest. A will provision allows donors to make a substantial contribution without diminishing the assets available to them during their lifetime. Since Bequests are deductible from their taxable estate, significant estate tax savings are possible.


Charitable Lead Trust:

Donors can support Oak Crest for a term of years, or for the life of an individual, by creating a Charitable Lead Trust. Income will be paid to the Institute each year for the life of the trust. When the trust terminates, the assets in the trust revert to the donor or to individuals the donor wishes to benefit. 


Endowments:

Endowed gifts are an enduring tribute to the beliefs and values of the donor. Because they may be given for a specific program and named for an honoree of the donor's choosing, they create a lasting, highly visible link between the individual for whom the endowment is named and the ongoing achievements of the program.


To learn more about any of the above giving options, please Contact Us.