Gift & Estate Planning Services

We work with attorneys, CPAs, financial planners, trust officers and other professional advisors to help facilitate their clients’ charitable giving. Our knowledgeable staff can help you structure a giving plan that provides the maximum tax advantages and meets your clients’ charitable and financial goals.

Wills Kit and Sample Bequests Language

Including a charitable bequest in a will or trust is one of the simplest ways to make an estate gift. We can help facilitate a bequest for your clients by providing sample bequest language, as well as a customized fund agreement that allows donors to change the charitable intent of their bequest without having to change their will. We also offer a free Guide to Planning Your Will and Trust to share with your clients.

Alternatives to Private Foundations

We offer several endowment fund options that provide simpler alternatives to a private foundation. By transferring a private foundation to an endowment at the Oklahoma City Community Foundation, your clients can remain involved in grant making decisions and ensure that their charitable intentions are continued in perpetuity. In addition, we handle all administrative and legal requirements and offer greater tax advantages and fewer restrictions than private foundations.

Charitable Gift Annuities

For your clients of retirement age, who are charitable minded and would also like to create a stable income source, a charitable gift annuity (CGA) at the Oklahoma City Community Foundation might be the perfect strategy. We can help your clients establish a CGA through a gift of cash or other assets, guaranteeing a set income for life. At the end of the annuity, the remaining assets will go to the charitable fund of their choice. For a calculation of how a CGA might benefit your clients, visit our online deduction calculator and the schedule of gift annuity rates.

We offer the following CGA options:

One Life, Payment is Deferred

Two Lives, Joint and Survivorship, Funded with Jointly-Owned or Community Property, Payments are Deferred

Two Lives, Successive Interests, One Donor, Payments are Deferred

One Life, Immediate Payments

Two Lives, Joint and Survivorship, Funded with Jointly-Owned or Community Property, Immediate Payments

Two Lives, Successive Interests, One Donor, Immediate Payments

Charitable Remainder Trusts

A charitable remainder trust (CRT) might be an appealing giving option for your clients who would like to reduce the size of their estate now, while designating a charitable gift in the future. We can help facilitate a CRT that allows your clients to place assets in a trust that pays annual income for life or a term of years and upon the trust’s termination, the remaining assets will go to the charitable fund of their choice. Through a CRT, your clients can avoid capital gains tax on the donated assets, receive an income tax deduction for the fair market value of the remainder interest of the trust and reduce their estate taxes.

We offer the following CRT options:

One Life

Two Lives

Term of Years

Charitable Lead Trusts

Through a charitable lead trust (CLT), your clients can transfer assets to the Oklahoma City Community Foundation, which will then pay a percentage of the assets’ value to the charitable fund of their choice. At the end of the trust term, the remaining assets are paid back to the donor (grantor trust) or to designated heirs (non-grantor or family trust). A CLT offers several advantages including greatly discounted gift or estate taxes and any growth in the assets will be free of these taxes for the heirs. In certain cases, a charitable lead trust may also provide an income tax deduction at the time the trust is created. – An Estate & Planned Giving Resource

Our free, online planned giving resource, LegacyGiving, is designed to assist you and your clients with estate plans. LegacyGiving offers an online wills planner, a planned gifts calculator and a variety of information about estate gifts including bequests, trusts and charitable gift annuities.

Planned Gifts Calculator

The calculator creates a presentation that shows the income and tax benefits of several planned giving vehicles such as gift annuities, annuity trusts and more. Click here to begin using it.

Charitable Strategies for Professional Advisors

A free e-newsletter for professional advisors, Charitable Strategies for Professional Advisors features the latest news from Washington, tax law updates, case studies and planned giving strategies to help you better serve your clients.
Charitable Strategies for Professional Advisors Archive
Sign up to receive Charitable Strategies for Professional Advisors

Chartered Advisor in Philanthropy

The Chartered Advisor in Philanthropy (CAP®) program is a year-long series of graduate level courses that teach professional advisors how to best help clients reach their charitable giving objectives while also helping them meet their estate planning and wealth management goals. By integrating the professions of law, accounting, financial services and planned giving, the Oklahoma City Community Foundation promotes an inter-disciplinary approach to most effectively achieve client goals.

The CAP® program involves passing three graduate level courses and meeting in 16 class sessions, hosted at the Oklahoma City Community Foundation and presented by The American College. CAP® holders become members of a growing network of top planners who are working to make our communities better places to live for generations to come. Courses provide an insight into the process of philanthropic planning, including, but not limited to, tax, tools and techniques. Located in Bryn Mawr, PA, The American College is the nation’s leading educator of professionals in the insurance and financial services industry providing remote learning throughout the country.

Who should consider the CAP® designation?
Experienced advisors whose clients are considering gifts within a financial plan, business exit plan or estate plan; most of these advisors will have prior credentials, including CLU®, ChFC®, CFP®, MSFS, AEP, JD, LLM or CPA.

Gift planners serving high capacity donors; typically, these are fundraisers in the areas of major gifts or planned gifts. Some may have prior professional credentials. Community foundations and other multi-issue charities, along with established single issue charities, are among those most likely to benefit.

If you are interested in learning more about the Chartered Advisor in Philanthropy (CAP®) program, please contact Joe Carter at 405/606-2914.