End of Year Giving!
40% Off Gifts to Endowment
We know that many of you who give, do so near the end of the year. If you give to one of our component endowment funds, you may qualify for the 40% ND income tax credit. Click Here to learn more.
Gifts of Stock/Mutual Funds
If you are planning to give a gift of appreciated stock or a mutual fund, please keep in mind that it takes time for these transactions to process. To ensure that you receive a 2013 tax deduction, make sure to initiate your transfer early in December, rather than later. Contact Jordan Neufeld at Jordan@ndcf.net for instructions that you may provide to your broker, trust company, or online investment provider.
You may also give to any of our component funds by clicking on the Donate Now button to the right. From there you can select your fund and complete your payment through our secure online credit card processing portal.
If you are receiving manditory IRA distributions because you have reached age 70 1/2, you may benefit from using the charitable IRA rollover. Information on how this works can be found here. This provision expires at the end of 2013 and it is not clear if it will be extended. Contact us for additional information.
Donations by Check
If you are sending a donation by check, please be sure that the envelope is postmarked by December 31, 2013 if the gift is intended for 2013. For your convenience, you can use the Donation Form found [HERE] or for gifts directed specifically for endowment, you can use the form located [HERE].
If you have any questions, click the Contact Us tab above to find out how to get in touch. As always, we wish you and yours all the very best in this blessed holiday season.
2013 Annual Report will be ready in Early 2014!
American Taxpayer Relief Act of 2012!
Key Provisions: (Read More by Clicking Here)
The charitable deduction will continue to be coupled with an individual's or household's corresponding tax rate. In other words, there is no cap on charitable deductions.
Excerpt from COF.org
Have you taken advantage of the North Dakota Income Tax Credit?
Don't worry if you didn't get a chance to benefit from the ND Income Tax Credit in 2012, this generous credit does not expire! Talk to your accountant or tax advisor about how to take advantage of it in 2013! Please click [here] for more information!
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.
Established in 1976, the North Dakota Community Foundation is a public, non-profit, tax-exempt organization that receives and distributes charitable funds to support a wide range of programs that benefit North Dakotans. The Foundation currently manages over $50 Million in assets and has made more than $54 Million in grants across the state of North Dakota.