- Good Samaritan Fund
- Employee Scholarship
- End of the Year Giving
- Designated Gift
People make gifts to the DeKalb Area Retirement Center - Oak Crest because they know for certain that they will help others in need. Gifts can be made in memory of, or in honor of, a friend or loved ones. There are a number of gifting opportunities available and the benefits are innumerable. As always, gifts to the Center are tax deductible and always appreciated. For further information or if you have any questions regarding contributions to the DeKalb Area Retirement Center please call or write:
Good Samaritan Fund
This fund established at Oak Crest's inception supports those individuals who have outlived their financial resources. Supported solely by donations this fund enables Oak Crest to maintain our commitment to continuing care. Currently, nearly $100,000 annually is utilized by residents of the Center.
Established in 2006 through a donation from the estate of former resident and long-time Oak Crest supporter Jack Boyle, the Employee Scholarship provides a legacy for future generations. The scholarship encourages and assists employees and their dependents in the pursuit of an undergraduate degree or equivalent program of study. A scholarship up to $5,000 is awarded yearly. Jack's daughter, Pat Boyle-Cordes said, "...Oak Crest is the employees-a knowledgeable, caring, supportive, loving group of people, who when I needed it most held me up, held me together, and held my hand. I never felt alone. The Oak Crest Employee Scholarship is just one opportunity to give back to people who truly enrich the lives of others." Donations to the Center are tax deductible and more importantly provide the donor an opportunity to truly impact the lives of others.
End of Year Giving
The federal tax deduction for a charitable contribution to the Center reduces the actual out-of-pocket cost for the gift from you. The general rule for all types of charitable gifts is that the contribution is effective for tax purposes at the time the gift is unconditionally delivered to the recipient. It is deductible in the year in which it is made. A gift delivered to Oak Crest on or before December 31st is deductible for the year it is given.
This type of charitable gift in allows the donor the opportunity to define and fund a particular project or program. In the past, donors have funded such projects as covered entryways and flowering gardens. With the upcoming Health Care Center expansion the opportunities for gifting are endless.