Supporting the North Dakota United Foundation means investing in the future of education and public service in our great state. Your contribution empowers us to provide crucial assistance to educators and public employees facing challenges and to fund initiatives that enrich our communities. Together, we can make a lasting impact on the lives of those who dedicate themselves to serving North Dakota. Join us in building a brighter future through your generous support.
The ND United Foundation is a 501(c)(3) tax organization, which means that gifts to the Foundation are deductible
for federal income tax purposes.
Individuals, and in some cases businesses, may create named endowments within the NDU Foundation and receive significant tax benefits. These endowments must have an initial contribution of $5,000. The donor, working with the Foundation, may determine how the proceeds of the fund may be used to enhance education and public service in North Dakota.
To qualify for the tax credit, the endowment fund must be held by a tax-exempt organization such as the NDU Foundation. The principal of the fund must be held intact and only the earnings used for current scholarships or grants.
An individual may receive a 40 percent tax credit for contributions of $5,000 or more. Unused credits may be carried forward for up to 3 years.
As an example, an individual in the 35% federal tax bracket making a $5,000 contribution to the Foundation could receive a federal tax deduction of $1,750 and a North Dakota State Income Tax Credit of $2,000. The net cost of the donation would be $2,000. (This example is for illustration only and because each individual’s tax situation is different, people should contact a qualified professional for assistance in determining the individual impact of a donation.)