2021 Annual Report

In the Business of Making a Difference

Dec. 31, 2020, was a day worth celebrating for Josh and Jenny Wright. After six years developing and operating iScout – an app that helps companies report workplace incidents to OSHA – Josh and his business partners sold the company.

While they had been offered a deal and had been working out details of the sale for months, the actual sale was anything but definite.

“The offer expired on Dec. 31, but going into work that morning, I would have guessed the chances of it actually going through were about 50/50,” Josh said. “Then, by mid-day it was final, and it was a whirlwind after that.”

With just a few hours before the new year and a sudden influx of income, Josh and Jenny had a lot of decisions that needed to be made quickly. Knowing they wanted to use a portion of the sale to donate and take advantage of the tax benefits that would offer, they began making calls.

Enter the Oklahoma City Community Foundation. After seeing the low fund fees, tax advantages offered and ability to defer selecting organizations to grant funds to, they knew it was the solution they were looking for. For the rest of the day, they worked with Joe Carter to fill out paperwork, figure out wire transfers and get everything squared away.

“I was so impressed that Joe spent his New Year’s Eve helping us. Those details aren’t my strong suit, so having an expert make sure all the I’s were dotted and T’s were crossed was really helpful,” Josh said. “We’re not sure what we want to support yet, but one of the great things about this fund is while we decide, it is growing so we can make a bigger impact.”