Ocean reef foundation

Eight Reasons

"When a person plants a tree under which she will never sit, then you know that civilization has come to that land."

Greek Philosopher

            people choose to give through the Ocean Reef Foundation:

one      We are a local organization with deep roots in the community  

two      We provide highly personalized service tailored to each individual’s charitable and financial needs

three   Our broad expertise and knowledge on community issues is available to donors on request

four     Our Donor Advised Funds help people invest in the causes they care most about 

five      We offer permanence to donors, through endowment funds and multi-generational involvement 

six       We offer maximum tax advantage under state and federal law 

seven  We multiply the impact of gift dollars by pooling them with other gifts and grants

eight   We are community leaders, coordinating resources to create positive change

 

 

 

THE FUNDS OF THE FOUNDATION 

Unrestricted Funds provide flexible capital to respond to changing community needs

There are a variety of ways to participate in the Ocean Reef Foundation.

Donor Advised Funds. You can have ongoing involvement in the use of your gift. You can work with our staff, identifying ways to use dollars from the Donor Advised Fund you establish to address the issues and needs you care about most. Your recommendations are submitted to our local board for approval; we then distribute grant dollars.

Unrestricted Funds. Your gift can address ever-changing community needs — including future needs that often 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. The flexibility of your unrestricted gift enables your community foundation’s program experts to respond to the community’s most pressing needs, today and tomorrow.

Field of Interest Funds. You can target your gift to address needs in an important area of community life. Arts. Aging. At-risk youth. You identify your personal interest area when making your gift; our board awards grants to community organizations and programs that are making a difference in the area you select.

Designated Funds. You can direct your gift to a specific nonprofit organization or purpose. Help provide ongoing funding for a senior center, museum, or virtually any nonprofit charitable organization. Nonprofit organizations can use a Designated Fund through the community foundation to build their endowment and enhance their ability to accept large and complex gifts.  

 

The Ocean Reef Foundation provides a simple and highly personal approach to giving.  We offer a variety of giving tools to help individuals, families and businesses achieve their charitable goals.

Establish a fund in your name:

Donor Advised Fund

Designated Endowment Fund

Unrestricted Endowment Fund

Field of Interest Endowment Fund

 

Funding your account:

Checks

Wire Transfers

Appreciated Securities

(Please contact Rose Michno, Administrator for detailed instructions on wiring cash

or securities.)

Many of these funds can be established in your name, or in the name of your family, your organization, or anyone you wish to honor. All grants distributed from the fund you establish — today and in the future — are then awarded to charities in the name of that fund. It’s a great way to always be involved with, and remembered for, your community investment. \

 

Key Benefits

  • You can establish a fund with cash or appreciated stock.
  • You receive tax benefits in the year your gift is made.
  • Depending on the type of fund you establish, you recommend grants from your fund.
  • We handle the administrative details.
  • Your gift, and all future earnings from your gift, is a permanent source of community capital, helping to do good work forever.

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