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Susanne Mattheis passed away in 2007. In 2018, she bought new books for the Bismarck Public Library.

Susanne left a gift in her will to provide resources for her favorite charities, including Bismarck Public Library, Bismarck-Mandan Symphony, and University of Mary. Her fund provides thousands of dollars in grants to these entities every year. Susanne made sure that the organizations she loved would have her support long after she was gone. Learn more about Susanne’s giving story…

Her last gift will last forever.


Give Tomorrow

Give Today

Mail donations to:

BisMan Community Foundation
PO BOX 387
Bismarck, ND 58502

Contact us for instructions on donating stock, real estate, and equipment.

 

Here are two easy ways to create a simple legacy gift upon your death:

Bequest

Include a specific, percentage, or residual designation to the BisMan Community Foundation in your will. Share this language with your attorney:

I give and bequeath to the North Dakota Community Foundation (Tax ID Number 45-0336015), a qualified charitable organization under IRS 501(c)(3), located in Bismarck, North Dakota, ___________ (a percentage of the estate, specific dollar amount, or remainder of estate) for the BisMan Community Foundation, a permanent component of the North Dakota Community Foundation.

Beneficiary Designation

You can support the BisMan Community Foundation by naming the North Dakota Community Foundation as a beneficiary of your retirement account or life insurance policy, with your gift designated for the BisMan Community Foundation.

Contact your account provider for a beneficiary designation form. Before completing it, contact Kara Geiger at Kara@NDCF.net to confirm the information needed to direct your gift to the BisMan Community Foundation.

NDCF’s EIN is 45-0336015.

You may designate all or a portion of the account or policy benefit. Your tax or legal advisor can help you understand how this gift fits into your overall estate plan.

Every charitable journey is different. We'd be happy to help you explore the giving option that's right for you, with no obligation.

Whether you're making your first gift or planning a lasting legacy, we're here to help.


Charitable Planning Resources

aRTICLE

Personal Finance for Young Adults: Charitable Planning

Halsey Schreier | Feb 12, 2021 | Forbes.com


ARTICLE

How To Donate Your Life Insurance To Charity

Cameron Huddleston | Apr 25, 2021 | Forbes.com

 

 

ARTICLE

Tips For Maximizing Tax Deductible Donations

Kemberley Washington | Oct 28, 2022 | Forbes.com

We know you give because you care deeply about your community and not for the incentives, but we thought you’d like to know about these important tax benefits of charitable giving:

Federal Tax Deductions for Charitable Gifts

For individuals who itemize deductions, qualifying cash gifts to public charities are generally subject to a limit of 60% of adjusted gross income. Lower limits may apply depending on the type of gift and recipient organization. Beginning with tax year 2026, itemizers generally may deduct only the portion of their charitable contributions that exceeds 0.5% of adjusted gross income. Other limitations may also apply.

Beginning with tax year 2026, taxpayers who take the standard deduction may also deduct up to $1,000 in qualifying cash contributions, or $2,000 for married couples filing jointly. Contributions to donor-advised funds do not qualify for this deduction.

Different rules and limits apply to taxpayers who itemize deductions. We encourage you to consult your tax professional about how charitable gifts may affect your individual tax situation.

ND State Tax Credit for Endowment Gifts

Individuals may receive a North Dakota state tax credit for a contribution for $5,000 or more (lump sum or aggregate in one year) to a qualified North Dakota endowment. The tax credit is 40% of the charitable deduction allowed by the IRS up to a maximum credit of $10,000 per year per taxpayer or $20,000 per year per couple filing jointly.

Businesses (C corporations, S corporations, estates, limited liability companies, trusts, and financial institutions) that pay ND income tax may take a 40% credit up to a total of $10,000 for gifts to the qualified endowment fund of a qualified North Dakota charity.

This is a permanent credit that may be carried forward for 3 additional tax years if it cannot all be used in one year.


The BisMan Community Foundation is not engaged in rendering legal or tax advice. This page is meant to provide general information about charitable-giving incentives.  The Foundation recommends that any prospective donor consult their tax or legal advisor before entering into a giving program.