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Minot Area Community Foundation
How to Become A Donor

Giving Back, Making A Difference

If you want to give back to the community and create a lasting legacy, we can help. Working with the Community Foundation provides the following key advantages:

Slaaten
"Working with our Community Foundation gave me the flexibility to support Minot State and other organizations that have been so important to me."
Doris Slaaten
Flexibility: We will customize to create something that is uniquely you and to accomplish your charitable goals through a variety of fund types that can be mixed and matched to achieve your charitable goals.

Permanence: The Board of Directors primary duty is to honor and protect your charitable intentions in perpetuity.

Local Expertise: The Community Foundation knows and keeps continuous watch on our area's needs and its strengths. We work as a partner with local charities and with our donors to improve the life of the residents of Minot and the region.

Tax Advantages: The Minot Area Community Foundation is a 501(c)(3) public charitable corporation. As such, it offers the maximum deductibility for income, gift and estate tax purposes. We accept gifts of cash, securities, closely held stock, real estate, and deferred gifts such as those made by bequest, life insurance or remainder trusts. Please contact your financial and legal advisors for the appropriate gifting strategy for you.

Professional Investment Management: Your endowment fund is invested in our commingled investment pool. We utilize local investment managers who assist our Investment Committee in allocating the Foundation's endowments across a wide range of investment instruments. Our goal is to preserve the purchasing power of your endowment fund while returning a reasonable spending amount to the charities that your endowment benefits.

Convenience: You or others may make additional gifts of any size to the fund at any time.

Involvement: We welcome your ideas and your involvement in building up our Community Foundation - an important asset for our region.

Accountability: The Community Foundation is governed by a local Board of Directors comprised of 12 civic leaders who serve without compensation and for limited terms.