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.
Hot off the press!
2018 Challenge Grant Results

We recently ended our 2nd Annual Food Pantry Challenge Grant. The Challenge Grant, which took place from October 2018 through the end of February 2019, offered organizations the opportunity to earn extra dollars for area food pantries

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