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The Gift Fund serves the needs of donors having a longer-term distribution plan with the option of investment growth and the flexibility to eventually distribute the entire gift for charitable purposes. Established with a gift of $10,000, the Gift Fund receives the benefit of the Oklahoma City Community Foundation’s investment performance. A donor can make the charitable gift in the year which best suits his tax planning needs and can recommend grants from the fund to charities in the future. Because a donor’s interests change as do the needs of the community, a Gift Fund allows flexibility for the use of charitable funds to accommodate these changing needs. A Gift Fund can receive a gift of appreciated securities or other assets, sell the asset and distribute grants to a number of non-profit organizations. This use allows a donor to utilize appreciated assets for charitable contributions more efficiently and minimizes the need for charities to deal with non-cash assets. Please review the Gift Fund Policy Statement for more information. Gift Fund Policy Statement in PDF Format (read by Adobe Acrobat - version 4.0 or higher) To discuss establishing a Gift Fund, please contact Joe Carter at 405.606.2914 or Jennifer Stewart at 405.606.2912. |
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©1999-2008 Oklahoma City Community Foundation. All Rights Reserved.
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Gift Fund