Support Specific Nonprofits
Donor Designated Fund
With a designated fund, OCF will steward your gift through our prudent investment strategy, awarding an appropriate percentage every year to support your named organizations into perpetuity.
This type of support provides an all-important income stream to support causes you care about. The intent of your giving is preserved even when charities cease operations. You may name contingent organizations or the OCF board will reapply distributions to a similar organization.
Benefits of Working with OCF
OCF staff can assist you in adding to your fund now or through your estate. OCF has expertise in accepting all types of gifts, from cash, stock and real estate to more complex assets.
Your contributions to your OCF fund are stewarded by our expert investment committee and professional managers to ensure the longevity and growth of your fund.
Your OCF fund will create a lasting legacy for organizations and programs you wish to support into perpetuity. If an organization you name ceases to exist, OCF will find an organization with similar objects and purposes to support, or you may designate specific alternate organizations to receive grants.
Here's How it Works
- You establish and name your fund with the assistance of OCF staff.
- You make a gift of cash, stock or other assets to OCF to start your fund.
- You may be eligible to receive an immediate tax deduction for your charitable contribution.
- Your fund is expertly invested.
- You may add to your fund at any time, including through your estate.
Frequently Asked Questions
Your fund can be set up with a contribution of at least $50,000, or you can grow your fund over time with a minimum donation of $5,000. However, grants will not be made until your fund reaches $50,000.
You can make a donation to your fund at any time, and you can name your fund as a beneficiary of your estate.
OCF assesses each donor-advised fund an annual administrative fee of at least $475, but in all cases the fee is less than one percent.
To maintain the purchasing power of each fund, the OCF board of directors annually determines a percentage payout rate for grantmaking. OCF's current payout rate is between 4 and 5 percent based upon a 13 quarter trailing average of fund market values.