Last spring, the Oklahoma City Community Foundation overhauled GiveSmartOKC.org, expanding the information and data available to the community and making it an even more efficient tool to research central Oklahoma charities. Not only does the upgraded platform provide information and descriptions of charitable organizations’ programs, mission, leadership, financials and Form 990s, but now you can also utilize census data to determine where our community’s needs are the greatest.
With the interactive central Oklahoma map featuring more than 325 nonprofits, you can see where charities are located and what areas they serve, but by overlaying the available data, you begin to see an even bigger picture. By applying filters such as zip codes and a need for access to health care, you can discover the percentage of the population receiving Medicaid, then find nonprofits in the area working to impact that need. In addition, you can take advantage of the guided tutorial for step-by-step instructions on how to search, filter and utilize all the tools GiveSmartOKC.org has to offer.
As your Community Foundation, we want to help you fulfill your charitable vision. Prior to publishing, all profiles must provide a copy of their 501(c)(3) determination letter, three years of board-approved financials and their current operating board in addition to being thoroughly vetted by our staff, so you can feel confident in the organizations you find. We encourage you to take advantage of this powerful tool as you plan your charitable impact.
If you’re a charitable organization interested in creating a GiveSmartOKC.org profile or an individual wanting to learn more, contact GiveSmartOKC manager Rachel Mouton at 405-606-2918 or visit OCCF.org today.
2020 has been a trying year, but with the holiday season nearly upon us, giving back becomes front-of-mind for many, and in this unprecedented year, that support is needed more than ever.
A few things we have for you to remember – First visit with those organizations you wish to support to better understand the impact your gift will make if you decide to make a year-end gift. Second, meet with your financial advisor to better understand what assets would make the best gifts and what tax benefits have changed in 2020. For cash gifts in 2020 you can receive a charitable deduction up to 100% of your adjusted gross income. Appreciated stocks, bonds, mutual funds, property and even cash gifts have the potential for greater charitable deductions in 2020.
In addition, individuals age 70.5 and older with a traditional IRA have historically had the opportunity to roll their required minimum distribution directly to a charity without reporting it as income. For 2020, the age was raised to 72 with no mandatory distribution requirement. However, you can still take advantage of the rollover at age 70.5 for charitable gifts.
At the Oklahoma City Community Foundation, our expert staff and many charitable tools can help you make a charitable impact. With 365 charitable organization endowment funds, hundreds of scholarships and the ability to create a donor advised fund or legacy gift, we are prepared to help you make a difference in the community. In addition, GiveSmartOKC.org, our online date hub, donors can discover more than 300 central Oklahoma charities, their programs and how they benefit the community to make informed decisions.
By working with the donor services team at the Oklahoma City Community Foundation, you can be sure you can make decisions about the local nonprofit organizations you wish to support and what your impact will have on the community.
If you would like more information on how you can make a greater impact in your community through year-end gifts, call Joe Carter at 405-235-5603, or visit OCCF.org today.