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The Fargo-Moorhead Area Foundation (FMAF) is an endowment that continues to grow.
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Net Asset Value
2005: $40,078,392
2004: $38,830,447
2003: $36,847,343
2002: $32,366,606 | |
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Grants
2005: $1,453,208
2004: $1,273,761
2003: $1,408,654
2002: $1,992,749 | |
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Donations
2005: $1,171,002
2004: $1,156,551
2003: $1,576,778
2002: $2,154,117
Gifts range from $10 to millions of dollars, see Becoming a donor for information on giving or contact us to inquire about establishing a fund.
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Other FMAF Statistics:
- Founded in 1960
- Governed by a 17 member board
- Oldest and largest community foundation in North Dakota
Give to an existing fund
Contact us or send your tax deductible donation to the FMAF office with the name of the fund indicated in the memo line of your check. The Fargo-Moorhead Area Foundation also offers online giving for an easy, secure option for giving using your Visa or Mastercard.
Public Availability of IRS Form 990 and Audited Financial Statements
Public inspection copies of the audited financial statements, Form 1023 and Forms 990 are available at our office. Click here for more information on our public availability of financial information policy.
Investment Management
The Foundation's investments are held in trust at local trust institutions. These institutions manage investments according to Investment Policy established by the Board of Governors. The investment committee of the Board reviews the performance. A listing of trust institutions, investment committee and administrative fee schedule is available upon request.
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