No, its not too good to be true. Fred and Shari Raske feel theyve experienced a richly rewarding life while they have generously invested in Olivets mission.
Freds degree from Olivet helped prepare him for a successful career in the pharmaceuticals field. Desiring to be good stewards of Gods blessings, he and Shari have been long-time supporters of the University. One of the significant ways they have given to Olivet is through appreciated stocks. In fact, many alumni and friends donate their company stock that they purchased at a reduced rate or stock that was a company benefit.
The Raskes knew to beware of the taxes on the capital gain if they were to simply sell their stock. They encourage others to resolve this issue as they have: explore donating stocks, mutual funds or other property that has increased in value.
I want to provide scholarship support for students to help them with their educational goals within a Christian college environment, says Fred. If youd like to support Olivets mission and experience some tax relief by donating Securities, follow the steps outlined on our Securities page.