choose Tulsa. give Forever.
Tulsa Forever Fund
Established as our flagship fund for collective giving. Gifts to this fund allow the Board of Tulsa Fiduciary Fund to address a broad range of local issues through discretionary grants, including future needs that cannot be anticipated at the time your gift is made.
We evaluate all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more.
Tax Advantages
Immediate income tax deduction for contributions, subject to IRS limits.
No capital gains tax on appreciated securities donated to the fund (if they have been held for more than one year).
No tax on income or capital gains on investment in the fund.
Receive one tax receipt.
Eligible to receive donations from IRAs - via Qualified Charitable Distribution rules.
Annual Spending Policy
Generally, the Board applies a 3%-7% spending policy for endowment funds, exclusive of annual operating expenses paid to Tulsa Fiduciary Fund, which is reviewed from time to time. The spendable income is determined annually based on a 12-quarter rolling market average of the Fund.