Charitable Gift Annuities

A Charitable Gift Annuity can be a way for you to increase your income and leave a charitable legacy for generations to come.  In today's interest rate environment, a charitable gift annuity can give a donor a substantial increase in income over what they could typically earn from a CD or other fixed income investment.  A person can take an asset that is not producing a large amount of income, such as a stock or CD, and gift it to the Minot Area Community Foundation for a charitable gift annuity.

In addition to the increased income, you are entitled to take a current income tax charitable deduction and, in certain cases, a North Dakota Income Tax Credit for a percentage of the gift. The Annuity can pay you (and your spouse, if you choose) a lifetime income. The remaining principal becomes a permanent endowment fund with the Foundation, benefiting future generations forever.

Please contact us for a free illustration showing your personal annuity rate and tax deduction information.
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MACF Grants $5,000 to Hostfest Storytelling Project

The Minot Area Community Foundation (MACF) has granted $5,000 to the Hostfest Heritage Foundation.  Funding was granted in the form of a challenge grant, where MACF matched dollar-for-dollar contributions for the project. This grant

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