Year-End Giving
Making It Easy to Make a Difference
For more than 50 years, we have made it easy for individuals, families and organizations to make a difference through donations of all sizes. By choosing OCCF, you join with thousands of others to transform lives across central Oklahoma. Give us a call today to see how we can help maximize your tax benefits and make your year-end giving full of joy.
Maximize Your Charitable Deduction
Our team is well-versed in receiving various assets from closely held stock to planned gifts, maximizing tax benefits. We partner with professional advisors and donors to make giving simple so you can focus on making an impact.
Bundle Donations
Maximize your tax benefits by bundling two years of charitable contributions into one year, itemizing deductions for that year, and taking the standard deduction the next year. Then make distributions to nonprofit organizations on your own timeline.
Donate Appreciated Assets
For many donors, a charitable gift of appreciated assets including oil and gas royalty interests, widely and closely held stock, bonds and mutual funds can be extremely tax-advantageous. Gifting appreciated assets allows you to reduce your position in your investment portfolio, avoid capital gains tax, generate a charitable tax deduction and increase the amount available for charitable giving.
OCCF’s team is experienced in receiving complex assets that many nonprofits are unable to accept. By working with our team, you can easily convert these assets into a gift that will support the causes you care about for generations to come.
Leverage Your IRA
If you are 70 ½ or older, you can gift up to $105,000 per year directly from your IRA to the Oklahoma City Community Foundation to support or create a scholarship fund, a nonprofit endowment fund or provide specific charitable support to your favorite cause. This strategy satisfies your Required Minimum Distribution, lowers your taxable income and ultimately reduces the ‘cost’ of your charitable gifting.
OCCF donors Mike and Jane Lodes with scholarship recipient Titus Wright.
Important 2024 Deadlines
Contact your IRA plan administrator before December 1 to allow time to transfer assets to the Community Foundation.
Note: QCDs can only go into scholarship funds, nonprofit endowment funds and donor designated funds. QCDs cannot go into donor advised funds.
Call us at 405-235-5603 to begin the process of giving a business partnership interest, real estate, property or restricted security.
Note: This process could take several months to complete.
Contact your broker as early as possible to initiate the transfer of stocks and mutual funds to ensure OCCF receives them December 31.
To ensure nonprofits receive grants from your funds at OCCF by the end of the year, please make your grant recommendation by December 16.
Visit the Fund Portal at portal.occf.org or call us at 405-235-5603 to make your recommendation.
Make an online gift at donate.occf.org or postmark checks by December 31 to qualify as a 2024 charitable contribution.
