Giving Options for Donors
Let us help you make wise charitable choices. The Orange County Community Foundation is uniquely qualified to serve as a valuable resource as you consider your options.
Assets
Public Securities
Orange County Community Foundation welcomes gifts of appreciated securities, including publicly traded stocks or bonds, closely held stock, restricted stock, and mutual funds. We can accept gifts of stocks and mutual funds online. Click the icon below to learn more and donate online, or contact Joanne Udell for more information.
Real Estate
Gifts of real estate such as personal residences, rental properties, commercial buildings, or land are accepted on a case by case basis. Gifts of real estate typically require certain procedural steps, so please contact Steve Marken, director of gift planning, for information.
If a donor is contemplating leaving a home to OCCF through a will or living trust, he or she may want to consider giving it now but retain the right to live in it for their lifetime. This is known as a “retained life estate.” The donor will continue to pay taxes, insurance, and maintenance fees, however by giving it now, a donor will receive a substantial charitable income tax deduction in the year the gift is made.
Business Interests
Donors can gift their interests in a wide range of businesses, including private businesses, limited liability corporations and limited partnerships. OCCF subsequently deposits the proceeds into the fund of your choice.
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Estate Gifts
Estate Gifts and Bequests
For many donors, making a gift through their estate is the most realistic way to provide a substantial contribution. The most common way a person transfers their estate to beneficiaries is through a will or trust. Estate gifts can be directed to a personal fund or to a specific field-of-interest fund. Gifts can also be directed to the Orange County Community Foundation unrestricted endowment fund, to support the most pressing needs in Orange County.
Examples of charitable estate gifts and suggested language:
- Amounts
- Percentage Gift
OCCF is named as a percentage beneficiary in a will or trust estate. Example: "Twenty percent of my estate shall go to the Orange County Community Foundation."
- Contingent Gift
OCCF receives part or all of the estate under certain specified circumstances.
Example: "Should Joe Smith predecease me, [estate amount] shall go to the Orange County Community Foundation."
- Residuary Gift
The residuary of one's estate is anything remaining in the estate after distribution has been made to the heirs and after all costs of estate administration have been paid.
Example: "...the residuary of my estate shall go to the Orange County Community Foundation."
- Specific Gift
OCCF receives a specific dollar amount from the estate or a specific asset or group of assets (such as real property, securities, or tangible property) from the estate.
Example: "...my right, title, and interest of my personal residence located at 123 Main Street, Anytown, USA shall go to the Orange County Community Foundation."
- Language
To a fund at the Orange County Community Foundation: "...[estate amount] to the Orange County Community Foundation, a 501(c)(3) public charity located at 30 Corporate Park, Suite 410, Irvine, CA 92606, to be credited to the [Fund Name], a donor-advised fund of the Orange County Community Foundation."
To the unrestricted endowment of the Orange County Community Foundation: "...[estate amount] to the Orange County Community Foundation, a 501(c)(3) public charity located at 30 Corporate Park, Suite 410, Irvine, CA 92606, to be credited to the Unrestricted Endowment of the Orange County Community Foundation."
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