For those donors who want to experience the impact of charitable giving now, the Lawton 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 Lawton Community Foundation can be in the form of cash, check, money order or cashiers check. We also accept credit card gifts to existing endowments via a secure online service.
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 Lawton Community Foundation. Gifting real estate may 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. Through our affiliation with the Oklahoma City Community Foundation, we can work closely with donors and their professional advisors to facilitate the contribution of both marketable and closely-held securities. With 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 Lawton Community Foundation. The contribution of oil and gas interests may allow the donor to preserve liquid assets while maximizing charitable contributions.