As we approach the end of 2022, the Omaha Community Foundation (OCF) is here to assist with your year-end giving. The timing of your year-end charitable gifts affects your eligibility for a charitable income tax deduction in the 2022 tax year. As you move forward with your year-end giving, please keep the following deadlines in mind.
Gifts to Your OCF Fund
Publicly Traded Securities—Gifts of publicly traded securities must be received into OCF brokerage accounts by 3 p.m. Friday, December 30. We encourage you to communicate with your broker about your gift plans, as many brokerage firms have their own year-end deadlines. As a general rule, we recommend that you initiate your gift at least 10 business days in advance of December 30. Before you initiate your gift, please contact a Donor Services team member who will provide you with the appropriate transfer instructions.
Complex Assets—Gifts of complex assets such as real estate, closely held business interests or stock, and legacy gifts should be discussed with the Gift Acceptance Manager within or before the early weeks of December to allow OCF’s Gift Acceptance Committee adequate time to review for approval and transfer by year-end.
Checks—Checks sent via the U.S. Postal Service (USPS) to OCF must be postmarked on or before Saturday, December 31. Checks sent via carriers such as FedEx, UPS, and DHL must be physically received at the OCF office on or before Friday, December 30th.
Wire and ACH—Wire and ACH transfers must be received into OCF bank accounts by Friday, December 30. We encourage you to communicate with your banker about your gift plans, as many banks have their own year-end deadlines.
Credit Cards—Online credit card contributions must be submitted on OCF’s website by 11:59 p.m. Saturday, December 31, to ensure timely posting by the credit card company.
Grants to Nonprofits from Your OCF Fund
Grant requests must be submitted to OCF via your online account or email by 5 p.m. Wednesday, December 28. The final day for processing grants to nonprofits in 2022 is Thursday, December 29. Please note that the timing of grants does not impact eligibility for a charitable income tax deduction.
The Omaha Community Foundation office will close at 5 p.m. December 30th.
Please contact any member of our Donor Services team at (402) 342-3458 or giving@omahafoundation.org with any questions you may have. The entire OCF team is deeply appreciative of your generosity this year and every year. Thank you for your dedication to our community.