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!
Power of the Purse Project Moves Forward

Power of the Purse (PoP), a giving circle under The Minot Area Community Foundation, has been quietly working on a significant project for about a year now that has recently attracted some community attention. This past Monday, March 26th,

Get our newsletter