Attorneys & Advisors

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Services We Offer

Comprehensive charitable planning requires professional management, meaningful and personal community connections, and attractive tax advantages.

Let your client enjoy the pleasure of giving without the burden of administration. We provide all administrative services related to a donor’s fund, including accounting, auditing, financial management, due diligence, grantmaking and evaluation.

  • Client Benefits

    Client Benefits

    Our donor-friendly approach allows your clients to participate in many aspects of funding and grantmaking without the administrative responsibilities.

    Tax Advantages

    Because OCF is a public charity, we are eligible to offer maximum tax deductions and other advantages not available to private foundations. This is a tremendous benefit for your clients, not least because it makes more funding available to support their philanthropic interests.

    Professional Asset Management

    Your client’s donated assets are professionally managed according to the investment policy established by OCF's board of directors. Each fund is pooled and invested as part of the Foundation’s total assets. This results in lower management fees, greater investment diversification, and minimized investment risk.

    Donor Services

    We provide all administrative services relating to a donor’s fund, including accounting, auditing, financial management, due diligence, grantmaking and evaluation. As a result, your client can fully enjoy the pleasure of giving without the administrative burden. OCF's professional staff is accessible and supportive. We excel at — and enjoy — connecting donors, their areas of interest and the needs of Oregonians.

    Individualized Charitable Goals

    Our depth and breadth of experience allow us to assist you in serving clients who have diverse philanthropic goals, such as:

    • Multiple charities. We regularly assist clients in giving to one charity or many, and in setting up scholarship programs.
    • Legacy giving. If your clients want to create a personal or family legacy in the community, we can help them to achieve their long-term vision.
    • Income streams. OCF professionals are experienced in managing gifts that provide an income stream from an appreciated asset.
    • Life insurance and IRAs. We frequently work with donors whose assets include life insurance benefits and IRAs that will be subject to income and estate taxes when passed to beneficiaries. Gifting these assets to OCF allows them to pass without the tax burden.
    • Family businesses. OCF can assist donors who have assets held in a closely held company.

    Learn more by contacting an OCF philanthropic advisor.

  • Types of Assets

    Types of Assets

    At The Oregon Community Foundation, we work closely with professional advisors to make sure your client's donation achieves the greatest possible benefits. 

    Cash Gifts

    Common donations include currency, or checks or money orders made payable to The Oregon Community Foundation. These contributions are deductible up to 50 percent of your client's adjusted gross income with a five-year carryover for any excess.

    Appreciated Property

    Gifts of appreciated securities or real estate often allow your client to make a substantial contribution while receiving valuable income tax advantages. Generally, a donor may deduct the fair market value of the gift up to 30 percent of their adjusted gross income with a five-year carryover for any excess. Most important, the capital gain from the donated asset passes tax-free to OCF.

    Planned Giving

    When your client includes OCF in their estate plan, they make a charitable gift, enjoy tax benefits and preserve economic security. (Learn more about planned giving.)

    Private Foundation

    The board of a private foundation may transfer its assets to OCF to establish a donor-advised fund or supporting organization. The private foundation may retain its name and philanthropic goals with no tax or penalty on the transfer.

    Other Gift Types

    Additional gifts could include stock in privately held companies, limited partnerships and company stock options, with the exclusion of employee stock options. Personal property and other assets may also be excellent contributions.

  • Types of Funds

    Types of Funds

    Donor-Advised Fund

    With an OCF donor-advised fund, your client can actively participate in grantmaking to nonprofit organizations throughout the state. Your client can also name successor advisors, such as their children, to carry on their family's legacy of giving.

    Field of Interest Fund

    If your client has a deeply held field of interest — such as disadvantaged children, the elderly, or the performing arts — we can help them direct grants to those causes. They can also make grants focused in a specific geographic area within Oregon.

    Donor-Designated Fund

    If your client has a specific charitable organization in mind, they may name the group to receive distributions from the fund. If that group ceases to exist, or the purpose it serves becomes obsolete, the OCF board has the responsibility and authority to reapply the distributions to a similar charitable organization.

    Discretionary Fund

    A discretionary fund supports OCF’s overall charitable mission of improving life in Oregon through philanthropy. We make grants from discretionary funds to meet greatest current needs, including education, health, and human and cultural services.

    Endowment Partner Fund

    Nonprofit organizations may establish an endowment partner fund that will provide efficient and effective stewardship of an organization’s endowment.

    Scholarship Funds

    Scholarship funds increase access to higher education in our state. They may include individual academic or vocational scholarships, scholarships to graduates of a specific high school, or distributions specific to educational institutions.

    Pooled Funds

    When your client pools their gift with others, it has a greater impact.

    OCF Leadership Fund

    We welcome gifts of any size to OCF’s Administrative Fund, which enables us to promote, develop and increase philanthropy in every corner of Oregon.

    Oregon Fund

    Your client can address prevailing needs throughout the state by making a gift of any size to this general-purpose charitable fund.

    Oregon Scholarship Fund

    The Oregon Scholarship Fund awards more than 100 scholarships each year to Oregon college students who demonstrate significant financial need, academic promise and strong character.

     

  • Planned Giving

    Planned Giving

    If your client is interested in deferred giving, one of our philanthropic advisors can help you and your client plan and establish a standard fund agreement. This agreement establishes the best type of fund for the causes your client wishes to support.

    Deferred Giving Options

    SIMPLE BEQUESTS

    Donors who leave a bequest to charity can take an estate tax deduction of 100 percent of the gift's value. Your client’s bequest can be stated as a set amount of cash, securities, or other assets; or as the “residue” or a “percentage of the residue” of the estate. The bequest can also be contingent. (Please see our sample bequest language.) 

    CHARITABLE REMAINDER TRUSTS (CRT)

    Your client may transfer assets to a charitable remainder trust that provides a specified distribution percentage to one or more (income) beneficiaries for life, or a term of years, with the remainder interest paid to charity. There are two kinds of CRTs:

    • Charitable remainder unitrust. A CRUT requires annual revaluation of the trust assets — which typically changes the value of the unitrust payment — and allows donors to make additional gifts to the trust.
    • Charitable remainder annuity trust.  The income beneficiary of a CRAT receives a fixed amount that is determined when the trust is established.  A CRAT does not allow donors to make additional gifts to the trust.

    CHARITABLE LEAD TRUSTS

    A donor may transfer assets to a charitable lead trust. A charity is the income or “lead” beneficiary for a lifetime or term of years, after which the remaining assets are distributed to the donor or other beneficiaries.

    GIFT ANNUITIES

    In return for a donation of cash or other assets, the charity agrees to pay the donor — and/or someone designated by the donor — a fixed payment for life. The donor can claim an immediate charitable tax deduction for the amount of transfer above the value of the annuity purchase.

    If a donor funds a gift annuity with long-term capital gain property — e.g., with appreciated stock — the donor will report only some of the gain, and may be able to report it in installments over many years. Donors may establish a deferred charitable gift annuity and defer receiving income from the gift annuity for a period of years.

    OCF will consider issuing gift annuity contracts for annuities originating in Oregon that meet these guidelines:

    • Minimum age of the annuitant is 60 (55 for deferred gift annuities.
    • Annuity rate does not exceed the rate published by the American Council on Gift Annuities.
    • Minimum gift amount is $25,000.

    LIFE INSURANCE/IRA BENEFICIARIES

    IRA accounts listing The Oregon Community Foundation as the beneficiary are free of estate and income taxes. Not only can OCF be named as the beneficiary of a life insurance policy, but a donor can also transfer the policy irrevocably to the Foundation and claim an income tax deduction for the policy’s cost basis or cash surrender value (whichever is less). Any subsequent premium payments will be deductible.

    Discuss deferred giving options with an OCF philanthropic advisor.

     

  • Resources

    Resources for Professional Advisors

    THE OREGON COMMUNITY FOUNDATION GUIDE FOR PROFESSIONAL ADVISORS 

    SAMPLE BEQUEST LANGUAGE

    GIFT CALCULATOR

    Our Planned Giving Calculator allows you to explore the potential benefits of gift annuities, and retained life estates.

    Informational Resources
    The following links offer up-to-date information on best practices for giving and planning vehicles.

    Learn more by contacting an OCF philanthropic advisor.