Fund Options
Donors Josh and Jennifer Wright created a charitable fund with OCCF after the sale of their business.
At the Oklahoma City Community Foundation, it’s our mission to help you make an impact, support community nonprofits, help students with their educational goals and help us all meet the needs of our community. That’s why we offer a wide variety of Fund Options to meet your needs.
One of the biggest advantages of having my clients work with the Oklahoma City Community Foundation is that the foundation is a safety net. If my client’s funds are with the Community Foundation, versus their request to set up a private family foundation, then the Community Foundation provides that additional layer of support and information for that client when they need it.
Help Your Client Create an Impact
We want to provide a consistent level of giving to support faith-based agencies and local arts. A DAF with OCCF offered us the flexibility to support these agencies without the hassle and costs associated with a family foundation.
Steve and Linda Slawson had contemplated establishing a donor advised fund for years, so when they had the opportunity, they leapt. Working with OCCF, they established a DAF that will allow them to support causes important to their family today and in the future. They can continue to build upon this legacy and involve their children and grandchildren.
Donor-Advised Fund
A donor-advised fund, also called a DAF, is a simple and efficient way to streamline your charitable giving.
AT A GLANCE
- Can be an endowed or spendable fund.
- You choose organizations to support, how much to give and when to make the gift.
- Give to multiple organizations and programs annually, all from one account.
- Excellent tax planning tool.
- Avoid the administrative annoyances. You focus on giving — we take care of all the accounting, legal and investment services.
- Engage your family or office in collective giving opportunities.
- Great alternative to a private foundation.
- You can name a second-generation advisor to make recommendations from the fund into the future.
Donor-Designated Fund
Create a donor-designated fund that allows you to designate one or more charitable organizations to receive donoations today and in the future.
AT A GLANCE
- Can be an endowed or spendable fund.
- You choose the nonprofits to support and OCCF issues annual grants in your name.
- Create a legacy of reliable support for your favorite causes.
- The fund can receive contributions at any time.
- Excellent tax planning tool.
- Can fulfill your Required Minimum Distribution and minimize the taxable amount through your IRA with a Qualified Charitable Distribution.
For 20 years, Ralph Pickle gifted residents at the Westview Boys’ Home in Hollis, Oklahoma, with spending money for birthdays and Christmas. Ralph died in 2017, but through the Ralph Pickle Family Fund at OCCF, his impact is stronger than ever.
OCCF’s Impact
We connect donors with nonprofit organizations, programs and initiatives that transform lives in central Oklahoma and beyond.
The thought of setting up a scholarship is pretty daunting if you’re new to it. OCCF got to know us and our core values, and everythign we’ve done since has been so easy and seamless.
Growing up in small towns, Mike and Jane Lodes had limited opportunities, but when Jane earned a college scholarship, she gained a new appreciation for education that’s lasted a lifetime. By partnering with OCCF, they were able to strategically use Qualified Charitable Distributions from their IRA to create a scholarship that will provide opportunities for students like them for generations.
Scholarship Funds
Create or support an existing scholarship to help students achieve their educational goals.
AT A GLANCE
- Our team of experts will work with you to design a scholarship opportunity with your mission and purpose in mind.
- Make a lifetime impact on students and their families.
- Provide access to college, advanced degrees, technical or career programs.
- Invest in pathways to success for others and strengthen our workforce.
- Can fulfill your Required Minimum Distribution and minimize the taxable amount through your IRA with a Qualified Charitable Distribution.
Nonprofit Endowment Fund
Create a new endowed fund or support an existing one with a nonprofit desingated as the beneficiary.
AT A GLANCE
- Support a specific nonprofit or program.
- Provide reliable annual support to the nonprofit.
- Make it easy for others to give and nonprofits to grow their support.
- Increase support through matching opportunities and investment performance.
- Can fulfill your Required Minimum Distribution and minimize the taxable amount through your IRA with a Qualified Charitable Distribution.
As a patron of the Oklahoma City Ballet, Mari Cook Medley wanted a way to support the dancers as whole people. Through the Mari Cook Medley Wellness Fund, she is ensuring dancers are taken care of today and in the future.
