Bowman & Slope County Community Foundation
Bowman & Slope County Community Foundation
The Bowman & Slope County Community Foundation was established in 2014 by a group of residents concerned about the lack of funding for local organizations. It provides a method of receiving donations and distributing grants to benefit projects or nonprofit organizations in Bowman and Slope counties, including the towns of Amidon, Marmarth, Rhame, Bowman, Scranton, Gascoyne, and Haley. The Foundation is affiliated with the North Dakota Community Foundation, which is a nonprofit, tax-exempt corporation under IRS code 501(c)(3) and North Dakota Law.
The Bowman & Slope County Community Foundation is managed locally by a group of volunteers whose main activities are building the fund and recommending grants annually.
Local Advisory Committee
PO Box 1143
Bowman, ND 58623
Dakota Western Bank Pledges $50,000 to the Bowman & Slope County Community Foundation
Dakota Western Bank, with offices in Bowman, Rhame, Scranton, and Hettinger, has made the first gift to the Bowman & Slope County Community Foundation, presenting a check for $10,000 to members of the organization’s Advisory Committee on September 1, 2015. In addition, the bank has pledged $10,000 a year for another four years, bringing the total donation to the new fund to $50,000.
“This is an incredible gift to the future of our area,” said Teran Doerr, a member of the Bowman & Slope County Community Foundation Advisory Committee. “We are so thankful to Dakota Western Bank for this investment in our community foundation.”
Organized in 2014, the Bowman & Slope County Community Foundation is a permanent fund where gifts from many individuals and businesses are pooled into a single fund. Every year, income generated from the fund will be used to make grants to organizations that provide projects and programs to improve the quality of life for area residents.
The Bowman & Slope County Community Foundation is a component fund of the North Dakota Community Foundation (NDCF), a statewide, non-profit corporation organized under IRS Code 501(c)3. This status will give donors to the Bowman & Slope County Community Foundation maximum tax deductibility for gifts made to the fund. NDCF will handle all filing of tax forms, manage the investments and take care of all day-to-day operations of running the foundation.
A local Advisory Committee will be responsible for raising money and making determinations on grant awards. Current Advisory Committee members include Doerr, Ron Palczewski, Les Snavely, Scott Hardy, Amy Fischer, Ila Kelner, Jeanine Clendenen, Zane Anderson, Kasey Burke, and Carla Teske.
Because it is managed as a “qualified endowment fund” as defined by North Dakota state law, donors to the Bowman & Slope County Community Foundation may be eligible for a very generous state tax credit. Individuals that give at least $5,000 and businesses that give any amount in one calendar year may be eligible for a 40% state tax credit. Click here for more information about the tax credit.
For more information on the Bowman & Slope County Community Foundation, contact Teran Doerr at 701-523-5880.
For questions about NDCF please contact John Heinen ND Western Edge Development DIrector (701) 590-4614 or email@example.com
Apply for a Grant from the Bowman & Slope County Community Foundation
The grant guidelines have not yet been established for this fund. We anticipate our first grant round will take place in Spring 2017. Please check back at a later date for details on how to apply.
No grants have been awarded from this fund.
The North Dakota Community Foundation also administers the following funds in this area. For more information about these funds, or if you are interested in establishing a fund to support this community, please contact our office.
This scholarship fund was established by the family of Alfred Klewlin in 1980. Mr. Klewin was a prominent farmer/rancher in the Amidon area and a long time member of the Farmers Union. The scholarship will assist a graduating senior from New England, Bowman, Scranton, or Rhame pursuing an agri-business education at some post-secondary institution in North Dakota.
Copyright © 2017 North Dakota Community Foundation