For those 70½ years old and older, in 2025, you can give up to a maximum of $108,000 per year from your IRA directly to a qualified charity, such as OLLI, without having to pay income taxes on the money. This amount will adjust annually for inflation. This gift option is commonly called the IRA charitable rollover, or you may see it referred to as a qualified charitable distribution (QCD). Beginning in the year you turn 73, you can use your gift to satisfy all or part of your required minimum distribution (RMD). Additionally, those 70½ years old and older can make a one-time election to use IRA funds, up to $54,000, to fund a life-income gift (i.e., charitable gift annuity or charitable trust).

Charitable Gift Fund: Create a charitable gift fund by transferring appreciated securities and/or other funds which enable itemize of a larger amount of tax deductions.

Former or current employers may provide charitable matching grants to their contributions. Check with your current or former employer.

Name OLLI a beneficiary of the policy (for a percentage or specific amount). You can also make an outright gift of an existing policy, or make an outright gift of a new policy. Some benefits include: beneficial use of unneeded policies and a tax deduction for premiums of donated policy.

Several OLLI members have former or current employers who provide charitable matching grants to their contributions. In some cases, these are made directly to OLLI and in other cases through the GMU Check with your company as this is a real multiplier to your contribution.

You can name OLLI a beneficiary of the policy (for a percentage or specific amount). You can also make an outright gift of an existing policy, or make an outright gift of a new policy. Some benefits include: beneficial use of unneeded policies and a tax deduction for premiums of donated policy.