Founded in 2007, the Oakmont Community Foundation (OCF) is an independent California non-profit Public Benefit Corporation specifically organized to enhance and support educational and charitable activities within Oakmont Village Association. It is governed by an all-volunteer board of directors who all live in Oakmont. More than $350,000 has been awarded to Oakmont clubs and organizations. In 2017, OCF led a fundraising drive to help the victims of the wildfires. The $118,000 donation represented 419 separate Oakmont donors who gave to fire relief.
The Foundation is not affiliated with, but is supportive of, many Oakmont Village Association (OVA) activities. As the OCF is recognized by the IRS under Section 501(c)(3) of the Internal Revenue Code, gifts to the OCF should be deductible as charitable contributions on Federal and State income tax returns, subject to general limitations. Consult your tax advisor for conditions relevant to your personal circumstances.
Contributions to the OCF may be directed to the General Fund for directors to award grants to eligible clubs and organizations. Also encouraged are donations designated by the donors for a specific approved activity or organization. You can also donate funds to an approved organization in honor of or in memory of someone.
The choice is yours - as long as it meets OCF criteria and is intended to educate and enhance the lives of Oakmont citizens.
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