The Foundation for Oklahoma City Community College - Oklahoma City Community College

The Foundation for Oklahoma City Community College exists for just one purpose: to support the students, faculty, staff and programs at the college. But the resources that fuel our students’ dreams come from individuals, families, businesses and foundations: people just like you.

ABOUT THE FOUNDATION

The Foundation is a 501 (c)(3) nonprofit organization formed in 1998 by a group of community and business leaders who wanted to encourage private support for Oklahoma City Community College.

The Foundation is governed by a Board of Trustees who are community volunteers and is independently audited each year.

In 1972, south Oklahoma City community leaders recognized a need for a college that would meet unique needs of each student and provide opportunities for success in their own community. Local residents actually taxed themselves to establish what was then South Oklahoma City Junior College.

Nearly five decades later, we’re still growing, innovating and offering new opportunities to around 17,000 students annually from across Oklahoma and the globe with programs that are relevant, rigorous, accessible, affordable and convenient.

Attention Students

If you are experiencing financial hardships because of the COVID-19 pandemic, we’re here to help you. Our application for emergency student grants is currently closed after overwhelming demand, but more funds may become available in the future.

OKLAHOMA CITY COMMUNITY COLLEGE

OPPORTUNITIES START HERE

Every student who comes to OCCC deserves a first-class education and collegiate experience, regardless of where they came from, how they got here or what hardships they have endured. Our dedicated faculty and staff reach out to each student to meet them where they are so that they can begin to see a pathway to success.

HOW YOU CAN HELP

Scholarships

Need- and merit-based scholarships help reduce the financial burdens of college and validate students’ achievements. You can contribute to an existing scholarship or you can establish your own scholarship and help establish the criteria for how recipients are selected.

Emergency Aid

At times, students have unanticipated financial emergencies, or extraordinary circumstances like the Covid-19 pandemic, that place financial hardships upon our students. You can contribute to our Covid-19 emergency grant program or our Food Pantry.

Program Support

You might be interested in supporting specific programs, like our Visual and Performing Arts Center, or certain groups of students, like veterans of the armed services.

Regardless of your charitable interests, our experienced staff can assist with facilitating an appropriate gift. Let us know how we can assist by contacting us soon: 405.682.7591 | foundation@occc.edu

WAYS TO GIVE

AT OCCC, EVERY GIFT MATTERS- LARGE OR SMALL.

There are a variety of ways you can help, and our professional and experienced staff stands ready to ensure your contribution is used exactly as you envision.

ANNUAL GIFTS WITH CASH OR STOCKS

Establishing an endowment fund, which provides support in perpetuity

Including the Foundation in your estate plan for a legacy gift

Honoring the memory of a loved one

ENDOWMENTS

TYPES OF GIVING

endowments

Endowments are a way of ensuring that your gift will support the College in a specified manner in perpetuity. The Foundation for OCCC invests your contribution and spends only a portion of the earnings each year. Donors may contribute to an existing endowment fund or they may establish a new endowment with a gift of at least $10,000. The endowments are professionally managed and are under the supervision of the Foundation’s Board of Trustees.

LEGACY GIVING

TYPES OF GIVING

legacy giving

A Legacy Gift allows you to make a deep and lasting difference while qualifying for tax savings and other advantages that may actually increase the value of your estate for your heirs. Legacy Gifts take many forms, including gifts in wills or trusts, retirement assets, stocks and life insurance.

There are many ways to describe what we like to call Legacy Giving, such as estate planning or planned giving. Regardless of what you call it, using assets to benefit your family and the organizations important to you can provide benefits now, and at the time the assets pass to your beneficiaries.

Gift planning enables you to make your own choices on how to take care of yourself, your family and the causes that are important to you. Taxes – income, capital gains and estate – may be reduced, or even avoided, by taking advantage of one or more of these giving ideas. Along with your legal and financial advisors, we can help you create ways to pass on your values, as well as your valuables.

The material presented by The Foundation is not offered as legal or tax advice. Please consult your financial advisor or qualified attorney for more information.

SAMPLE LANGUAGE FOR YOUR WILL OR TRUST

Including the Oklahoma City Community College Foundation in your Will or Trust is one of the easiest ways to create your legacy while supporting the students, faculty, staff or programs of the college. Your attorney or financial advisor will need the following information to properly designate your giving:

Legal Name: Oklahoma City Community College Foundation, Inc.
‍Federal Tax ID: 73-1529564
‍Address: 7777 South May Avenue, Oklahoma City,
OK 73159

Print this section and share it with your lawyer or accountant.

NOTE: The material presented by The Foundation is not offered as legal or tax advice. Please consult your financial advisor or qualified attorney for more information.

Sample Language for a Remainder (or Residual) Gift
‍“I give to Oklahoma City Community College Foundation, an Oklahoma nonprofit corporation located in Oklahoma City, Oklahoma (EIN 73-1529564), or its successor organization, (all or ______ % of) the residue or remainder of the property owned by me at death, real and personal and wherever situated, for support of its academic mission.”

Sample Language for a Contingent Gift
‍It is possible that the primary beneficiary or beneficiaries of your estate may pass before you do. In that case, a contingent gift naming Oklahoma City Community College Foundation as an alternate beneficiary can provide a meaningful option.

“In the event (insert the primary beneficiary/beneficiaries) does/do not survive me, I give said amount to Oklahoma City Community College Foundation, an Oklahoma nonprofit corporation located in Oklahoma City, Oklahoma (EIN 73-1529564), or its successor organization, for support of its academic mission.”

Restrictions for Your Gift
‍Please add the following to any of the bequests to direct the gift is used according to your wishes. We will work with you to create a legal document identifying your intentions on how the gift should be used according to your restrictions.

Unrestricted Gift: “This gift is unrestricted and may be used for the highest priority need(s).”
Restricted Gift: “This gift is to be used for the purposes(s) set forth in a separate written agreement(s) between me and the Oklahoma City Community College Foundation, as may be amended from time to time. If there is no such agreement, the gift is unrestricted.”

GREATEST NEED

TYPES OF GIVING

help us fund our greatest need

Greatest Needs Fund: The Foundation relies on gifts to the Greatest Needs Fund to provide the “margin of excellence” which takes our efforts from good to great. Contributions to this fund support all areas of the college, from tuition, books, program needs in specific educational divisions to cultural programs. Contributions are thoughtfully directed to the areas that present opportunities for the administration to say “Yes!” to student or faculty requests.

‍Student Scholarship Fund: The OCCC Foundation provides scholarships to students based on merit and need each semester. The need continues to grow every year. The Foundation typically awards approximately $150,000 in scholarships to deserving students

Donors may contribute to the general scholarship fund or they may designate their contribution to any of the specific scholarship programs administered by the OCCC Foundation.

Academic Divisions: Each academic division at OCCC utilizes private funding to support the students, faculty and staff in the academic area. Gifts received for academic divisions help support educational programs, equipment, training and other resources needed. You may contribute specifically to the following:

Division of Arts, English and Humanities
‍Division of Business and Information Technology
‍Division of Health Professions
‍Division of Science, Engineering and Mathematics
‍Division of Social Sciences

‍Donors also may designate their gifts to any academic program within the academic divisions.