Tax Benefits

Federal and State Tax Benefits

Donations to the FM Area Foundation generally qualify for a deduction on your client’s federal and state income tax return.

ND Charitable Income Tax Credit

Through the North Dakota Charitable Income Tax Credit, donors may be able to claim a credit of 40% on a minimum donation of $5,000 to a qualified endowment. This is on top of the savings received on the federal tax return by itemizing qualifying charitable donations.

Donors who decide to create or add to an endowment can support causes they care about not only during their lifetime, but for generations to come.