For those donors who want to experience the impact of charitable giving now, the Oklahoma City Community Foundation accepts the following types of gifts.
Cash is one of the easiest ways to make a charitable contribution. A cash contribution to the Oklahoma City Community Foundation can be in the form of cash, check, money order or cashiers check. Our mailing address is P.O. Box 1146, Oklahoma City, OK 73101-1146. You may also bring your gift to our offices at 1000 N. Broadway Ave., Oklahoma City (click here for directions)..
We also accept credit card gifts to existing endowments via a secure online service.
Retirement Plan Assets
Retirement plan assets are subject not only to estate taxes, but also income taxes. To reduce this burden on heirs and to create a charitable legacy for your family, you can use any retirement plan assets to establish an endowment at the Oklahoma City Community Foundation. You may want to consider and advised fund or a scholarship fund. See Fund Options.
Real estate may be given at appraised value. If appreciated, capital gain taxes may be avoided on the real estate appreciation if the property is donated to the Oklahoma City Community Foundation. Gifting real estate may be allow donors to preserve liquid assets while maximizing their charitable contributions.
We can accept gifts of individually-owned business assets such as closely held C-corp. and S-corp. stock, partnerships and LLCs.
Stocks, Bonds and Mutual Funds
If appreciated, marketable or closely-held securities, such as stocks, bonds and mutual funds, offer the ability to realize significant tax savings while maximizing charitable contributions. The securities may be given so that the donor receives an income tax deduction equal to the fair market value of the donated assets while avoiding the capital gains tax on those donated assets. Our staff will work closely with donors and their professional advisors to facilitate the contribution of both marketable and closely-held securities. By having accounts at many brokerage firms, we can easily facilitate the transactions of donors’ securities.
Oil and Gas Interests and Royalty Interests
Both oil and gas royalty interests may also be donated to benefit an endowment at the Oklahoma City Community Foundation. The contribution of oil and gas interests may allow the donor to preserve liquid assets while maximizing charitable contributions.
For more information on giving now, please contact Jennifer Stewart at 405/606-2912.