News Release!
FOR IMMEDIATE RELEASE
Bismarck—The North Dakota Community Foundation is pleased to announce the election of
-Nancy Johnson, business owner of Dickinson and
-Scott Swenson, bank president of Watford City to three-year terms on the NDCF Board.
Re-elected to their second and final three-year terms were
-Donald Oppegard, of Park River,
-Diane Peyerl of rural Penn,
-Aaron Schmit of Williston and
-Steve Ottmar of Jamestown.
Elected to serve one-year terms as Officers of the Board: -Chair: Aaron Schmit, American State Bank-Raymond James Financial—Williston
-Vice Chair: Christie Obenauer, Senior VP of Lending for Union State Bank of Hazen
- Secretary/Treasurer: Steve Ottmar, Attorney with Ottmar and Ottmar— Jamestown
-Joining the Officers on the Executive Committee:
Chad Peterson, NP Design—Fargo
David “White Thunder” Trottier, Heart of America Medical Center—Rugby
The North Dakota Community Foundation Board of Directors are volunteers. They receive no financial compensation for their service on the Board. They are elected from the population of North Dakota and are selected to represent a broad cross-section of North Dakotans. They can serve 2 three-year terms and then must leave the Board. This struc¬ture ensures that the North Dakota Community Foundation is truly the people of North Dakota’s Foundation.
The North Dakota Community Foundation was organized in 1976. The Foundation was formed as an efficient means of meeting the needs of North Dakota in the educational, charitable, arts, scientific and health areas. It is a public, non-profit tax exempt corporation which receives and distributes charitable funds to support a wide range of programs which benefit North Dakotans. The Foundation is a full service state-wide community foundation which manages charitable funds for a wide variety of purposes on behalf of communities, businesses, non-profit organizations, and individuals. The Foundation currently administers over 400 individual charitable endowment funds valued in excess of $43,000,000.
For further information, contact Kevin Dvorak at (701) 222-8349.
May '12 Planned Giving Update!
Would you like to support the North Dakota Community Foundation and increase your retirement income as well? Find out how a gift annuity can benefit your favorite NDCF Fund in the future and increase your income today. Please click [here] for more information!
Have you taken advantage of the North Dakota Income Tax Credit?
Please click [here] for more information!
2011 Annual Report/2012 Spring Newsletter
The 2011 Annual Report and the 2012 Spring Newsletter are now. Please click on the links above to view our current and past reports.
ND Communities Seize Opportunity
Forty-three communities endowed by the North Dakota Community Foundation had the opportunity to leverage locally raised funds for the year 2010. Gifts to the local funds were matched with monies from the Northwest Area Foundation.
The North Dakota Community Foundation provides the 501(c)(3) structure and professional staff assistance to the communities that participate in the Community Endowment Fund program. To qualify for matching funds, gifts must be deposited into the community's unrestricted permanent endowment fund. The current match is dollar-for-dollar up to the first $10,000 raised with a bonus of $5,000 if the community can raise $25,000 within the calendar year. A committee of local residents accepts and reviews applications for grant requests from the income generated by their endowment. In 2010, the community funds gave $723,702 in grants for local projects.
In the year 2010 alone, these 43 communities raised a total of $437,357 locally which was matched to the tune of $229,154. The top five most successful communities were:
- Larimore - $113,414.69
- Minot - $70,910.25
- Maddock - $26,891.54
- Hope - $25,000
- Golden Valley County (Beach) - $14,905.00
Communities interested in becoming a part of the North Dakota Community Foundation's Community Endowment Fund Program are encouraged to contact us. Staff members from the North Dakota Community Foundation can be contacted directly from the website.
The North Dakota Community Foundation was organized in 1976. The Foundation was formed as an efficient means of meeting the needs of North Dakota in the educational, charitable, arts, scientific and health areas. It is a public, non-profit tax-exempt corporation which receives and distributes charitable funds to support a wide range of programs which benefit North Dakotans. The Foundation administers charitable endowment and non-endowment funds in both the restricted and unrestricted categories on behalf of communities, businesses, non-profit organizations, and individuals.
Website Highlights
A map-based database displays the funds, grants, and board members from the cities of North Dakota.
Giving to the Foundation
Outright gifts, including gifts of appreciated property, stocks, closely held stock, cash and real estate, are accepted by the North Dakota Community Foundation. The Foundation can also work with you in deferred giving. We offer charitable gift annuities, charitable remainder trust, charitable lead trusts, bequests and the full gamut of deferred tax-wise gifts. Of course, all gifts to the Foundation are fully tax deductible. Please consult your tax advisor for the current limits.
The mission of the North Dakota Community Foundation is to improve the quality of life for North Dakota's citizens through charitable giving and promoting philanthropy. This website is dedicated to that mission.
