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.