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!
2021 Rotary Scholarship Recipients

The 2021 Rotary Scholarships have been awarded from the Minot Rotary Scholarship Foundation Fund. This year there were 21 - $1,000 scholarships awarded to high school seniors from Minot and the surrounding area. The Rotary Scholarship Foundation

Get our newsletter