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March 2025
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Family Day began at the North Dakota Museum of Art under the leadership of Sue Fink in 2004. The original goal of the program, initially called Saturday Art Workshops, was to provide children and their families an opportunity to engage in art activities while exploring a wide variety of media with modeling and guidance. As the current Education Director, I am continually striving to bring fresh and exciting experiences to our Family Day programming. My goal is to ensure that everyone feels welcomed at our museum, and for young people, the chance to connect with art can have a lasting impact on their lives. Equally important are the parents and caregivers who bring their children to these events, encouraging creativity and fostering a love of art that extends beyond the museum walls. For over twenty years, we’ve been inviting participants of all ages to explore diverse artistic practices while surrounded by stunning artwork in the spacious museum galleries. In 2024, we were proud to welcome over a thousand curious guests, alongside numerous arts organizations and local artists who partnered with us to foster a deeper appreciation for art and highlight its significance in our community. Family Day events are always free and open to the public, ensuring accessibility for all families. We are able to keep it that way thanks to the generous support of foundations, businesses, and individual donors who believe in the power of art to connect and inspire. Local businesses contribute through in-kind donations, and individuals support the program through their gifts. The support from the Community Foundation makes it possible for us to provide materials, bring in guest artists, and maintain a welcoming space where families can experience the joy of creating together. Each event is held on the fourth Saturday of select months (October, November, January, February, March, and April) from 10:00 AM to 12:00 PM, offering hands-on projects and unique collaborative experiences. The atmosphere is casual, encouraging families to drop in, create, and leave when they’re ready. These events inspire children by connecting our world-class exhibitions to real hands-on experiences—just like the artists they see on our walls. For example:
One of the most exciting aspects of Family Day is witnessing the creativity of our young participants. At a recent event, a child made a Motanka doll with a mohawk, putting their own twist on a Ukrainian tradition. During a collage activity, two sisters collaborated on a piece they called "Bird Lady", featuring photos of Queen Elizabeth surrounded by dollar bills and birds. In addition to being inspired by our exhibitions, I always try to introduce a new medium for our guests to explore. We’ve had a variety of activities, including painting, clay, fiber arts, scratchboard art, pumpkin decorating, and more. Our volunteers play a key role in making it all come together, assisting in the activities and guiding participants as they explore their creative ideas. It’s a fun, relaxed environment where everyone can create something special to take home, along with the skills and confidence to recreate these projects at home, making art more accessible for families to continue enjoying together.
Upcoming Family Day Activities:
Thanks to our community of supporters, Family Day continues to bring people together in the spirit of creativity and discovery. MJ McHugh, Education Director, NDMOA January
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Most of your philanthropic clients likely support a wide variety of charities year after year. The causes they support represent a range of motivations, including personal experience, a role as a volunteer or board member, family tradition, or alignment with values and community priorities.
Many of the charitable organizations your clients support are local. That’s important to note because it means that your clients are especially well-positioned to lean into the Community Foundation’s unique position as the hub for charitable giving and local knowledge. Here are three reasons that matters:
Of course, if your client establishes a donor-advised fund at the Community Foundation, the fund can support local causes as well as causes across the country. As the hub for your clients’ charitable giving, our tools and our team are dedicated to helping your clients achieve their charitable goals both near and far. Working with the local Community Foundation, no matter what a particular client’s charitable priorities may be, is itself a strong show of support for philanthropy right here in our community. The team at the Community Foundation is honored to serve as a resource and sounding board as you build your charitable plans and pursue your philanthropic objectives for making a difference in the community. This article is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice. Please consult your tax or legal advisor to learn how this information might apply to your own situation. As attorneys, CPAs, and financial advisors, you are well aware that you have clients’ attention when tax season rolls around. This makes it a great time to cover tax planning strategies for the current year and beyond. To help incorporate charitable giving topics into your tax season client conversations, we’ve put together tips to address three scenarios where the Community Foundation can assist your efforts.
Evaluate QCDs sooner rather than later. If: Your client missed the 2024 deadline for a Qualified Charitable Distribution. Then: Make sure the client took an RMD for 2024 (if required to do so). Start planning now for 2025 QCDs, paying very close attention to the required process. QCDs are an excellent tool for your clients who’ve reached the age of 70 ½ to give to a designated, field-of-interest, or unrestricted fund (donor-advised funds are not eligible), but if the client waits until the last minute at year-end, there might not be time for the transaction to be completed by December 31 as required. Plus, QCDs executed early in the year can help avoid negative effects of the "first-dollars-out rule” so that the QCD can count towards your client’s 2025 RMD. Watch for charitable giving opportunities in business succession planning. If: Your client is beginning to consider exit strategies for a closely-held business. Then: Reach out to the Community Foundation right away. Gifts of closely-held stock to a charitable fund can be a very useful component of a business succession plan. That’s because a client can gift shares of the business, which in turn means that no capital gains tax will apply to the gifted portion when the business eventually sells. The proceeds of the gifted shares flow into the fund to be used for your client’s charitable priorities. Keep in mind that timing is crucial; if a deal is in the works at the time the shares are transferred to the charitable fund, the charitable deduction is in jeopardy. Consider gifts of appreciated stock early in the year. If: Your client’s stock portfolio made big gains last year. Then: Evaluate whether it might be wise to make gifts of appreciated stock to a fund at the Community Foundation early in the year, rather than waiting until the end of the year. If certain stock positions are high right now, it’s worth considering whether a gift in the very near future could be a good move to maximize charitable dollars. As a reminder, gifts of stock to a public charity are eligible for a charitable deduction in the amount of the stock’s fair market value at the time of transfer. And, when the stock is sold so that its proceeds can be deployed to further your client’s charitable goals, no capital gains tax will apply. Our goal is to be your go-to sounding board for any client situation where charitable giving is an option. Please reach out anytime you and a client are discussing philanthropy. In most cases, the Community Foundation can help. Even if our tools are not a fit, we will point you in the right direction! The team at the Community Foundation is honored to serve as a resource and sounding board as you build your charitable plans and pursue your philanthropic objectives for making a difference in the community. This article is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice. Please consult your tax or legal advisor to learn how this information might apply to your own situation. As you consider your 2025 giving priorities, you’ll no doubt recall that writing a check to favorite charities is not the only way to support the causes you love. But sometimes it seems easiest to reach for the checkbook because it’s overwhelming to think about all the options.
You might be experiencing what’s known as the “paradox of choice,” a phenomenon where an abundance of options actually decreases your satisfaction and diminishes your decision-making ability. Too many choices can cause decision fatigue, anxiety, and regret over potentially missed opportunities. We understand! The team at the Community Foundation is here for you. We’ll help you evaluate potential assets that would make great gifts to your donor-advised or other type of fund at the Community Foundation, including:
The bottom line here is that our team can help you work through the possibilities. We’ll make sure that the daunting range of options doesn’t prevent you from making the best decisions to achieve both your financial planning and charitable giving goals. The team at the Community Foundation is honored to serve as a resource and sounding board as you build your charitable plans and pursue your philanthropic objectives for making a difference in the community. This article is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice. Please consult your tax or legal advisor to learn how this information might apply to your own situation. A Qualified Charitable Distribution (“QCD”) is a useful tool if you’ve reached the age of 70 ½ and want to give to a designated, field-of-interest, or unrestricted fund at the Community Foundation. Indeed, in 2025, you can direct up to $108,000 from your IRA to many types of funds at the Community Foundation, although donor-advised funds are not eligible.
But what if you intended to make a QCD in 2024 and time got away from you? Perhaps you even initiated a QCD on December 31, but it was too late to qualify for 2024 because of the way these transactions are settled between administrators and recipients. This is a complex topic for sure, and you’ll want to discuss the details with your tax advisors. At a high-level, here are a few considerations if you missed the opportunity last year. First and foremost, ensure you have taken your Required Minimum Distribution (RMD) for 2024 if you are required to do so. Failing to take your RMD can result in significant penalties, so this should be your top priority. If you missed your RMD deadline because you were planning to make a QCD, you should file IRS Form 5329 and request a waiver. While you can't retroactively make a QCD for the previous year, you can get a jump on 2025. Indeed, there are lots of reasons to make your QCDs early in the year. For example, it’s smart to try to avoid potential conflicts with the "first-dollars-out rule,” meaning that the first dollars withdrawn from an IRA will count toward your RMD. QCDs early in the year help ensure that it will count toward your RMD before taking any other distributions that might be taxable. And of course, avoiding the year-end rush is imperative. The Community Foundation team is always happy to work with you and your advisors to help you carry out your charitable giving goals, whether you’re exploring a QCD or any of the many ways you can support the causes you love. We look forward to working with you this year! The team at the Community Foundation is honored to serve as a resource and sounding board as you build your charitable plans and pursue your philanthropic objectives for making a difference in the community. This article is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice. Please consult your tax or legal advisor to learn how this information might apply to your own situation. A new year is in full swing, but you’ve still got plenty of time to consider your charitable impact and how you’d like to make a difference in 2025. A great way to do that is to reflect on the difference you’ve already made through the years.
For starters, think about how the many causes you’ve supported have resulted in tangible, positive improvements in the quality of life for so many people in our region. Indeed, many people are drawn to charitable giving and decide to establish a fund at the Community Foundation because of personal experiences with charities during a time of need. For example, perhaps a loved one benefited from groundbreaking medical research funded by charitable donations. Or maybe you or a family member overcame personal challenges with the help of nonprofit counseling services, or your business might have thrived thanks to a nonprofit-supported arts district or mentorship program. Nonprofit hospice care may have provided comfort and support during a difficult time with a family member. Even a cherished pet may have come into your life through a nonprofit animal rescue. What’s more, many people find that their happiness increases through acts of giving. When you know you’re helping someone, it makes you feel good! The team at the Community Foundation is here to help you shape your charitable giving plan for 2025 and beyond. We’d welcome a conversation to review key components of your philanthropy and help you make the biggest impact possible. For example, we can review:
If you'd like to discuss your giving strategies or explore new ways to maximize your impact, please don't hesitate to reach out. We're here to help you achieve your philanthropic goals and create lasting change in our community. The team at the Community Foundation is honored to serve as a resource and sounding board as you build your charitable plans and pursue your philanthropic objectives for making a difference in the community. This article is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice. Please consult your tax or legal advisor to learn how this information might apply to your own situation. |