Making a Difference
Benefits of Creating a Fund Within the Community Foundation...Working with the Community Foundation will provide tax advantages, convenience, access to staff services, estate planning, and opportunities to establish life-long giving. There is no greater gift to a community than one that creates a lasting benefit!
► Tax Advantages: When you create a fund in the Community Foundation, you receive an income tax or estate tax deduction. Because the Foundation is a 501(c)3 nonprofit charity, all donations earn maximum available deductions. Funds are also exempt from excise taxes.
► Convenience: Creating a fund or adding to a fund is easily done; in a matter of hours you can know the joy of giving back.
► Economics: The administrative fee charged by the Foundation is only ¼% of 1% per quarter. This fee is part of how the Community Foundation continues to provide services to the community and to you.
► Charitable Impact: The Foundation can help target your gifts where they will do the most good. Grants from your fund may be pooled with those from other funds so that they may have the greatest impact.
Why Invest?
Making the choice to invest in the Community Foundation provides a lasting legacy for you, your family or organization that will benefit your community today, tomorrow and well into the future. When you fulfill your philanthropic goals, you help to set a firm foundation that reaffirms essential values and social responsibility. This foundation will continue to grow and strengthen as we build a stronger community and enhance our quality of life for future generations.
By adopting a generous approach to charitable giving, you can experience an exceptional sense of personal satisfaction in knowing that you are giving something back, and at the same time benefiting society. Not surprisingly, philanthropy changes the live of recipients and donors. When you establish a fund through the Community Foundation, you are helping to build a permanent, continuing endowment. Your gift may be added to an existing fund, or you may establish a new fund to honor your family, loved one, a corporation, or non profit organization.
~Providing Community Support For Ever~
The Community Foundation's Audit and 990 Tax Report are available for review during regular business hours, Monday through Friday from 8:00 AM until 5:00 PM by appointment. Please contact the Foundation office for scheduling. Thank you.
Meet National Standards for operational quality, donor service and accountability in the community foundation sector.
620 DeMers Avenue
Grand Forks, North Dakota, 58201
Office: (701) 746-0668
Fax: (701) 772-3018
Email: communityfoundation@gofoundation.org