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Where you give and the causes you give to are a deeply personal decision. At Communities Foundation of Oklahoma, we understand that. Donor Advised Funds present a dynamic way to give and are great for those looking to be actively involved in the distribution of funds. They allow you to contribute more strategically through recommendations and having the expertise and knowledge of Communities Foundation of Oklahoma on your side.
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Unlike other funds, the impact can be almost immediate; as is the tax deduction. There are many reasons to create a Donor Advised Fund—they are a popular, flexible and easy way to support the organizations, causes, and issues you care about. You are able to make grant recommendations yourself or form an advisory committee of your choice to help in the decision process. The fund is able to grow, tax free, to allow you to extend your giving into the future.
It is easy to establish a new donor advised fund or add donations to an existing fund at any time. Akin to a private foundation, a donor advised fund gives you flexibility and convenience to further your philanthropic goals. Unlike a private foundation, you qualify for up to a 50% tax deduction at the time funds are contributed into your account without the costs associated with a private foundation. To see how Donor Advised Funds compare to Private Foundations and other Supporting Organizations, have a look at our Guide to Deliberate Giving.
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MAILING ADDRESS
PO Box 21210, Oklahoma City, OK 73156
PHYSICAL ADDRESS
801 NW 63rd St Suite 200, Oklahoma City, OK 73116
(405) 488-1450
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