Now you have two ways you can donate to help the Larks Community FUNd impact youth and families within Larks Nation by providing access to sports, educational opportunities, and positive life experiences.
(1) Donate for Today
Your donation will go straight into the fund for all the great programs the Larks Community FUNd offers Larks Nation. You can donate online or by check.
To donate via check:
Make check payable to Larks Community FUNd
Mail to:
Larks Community FUNd
201 W Front Avenue
Bismarck ND 58504
Click below to donate via online payment:
(2) Donation That Keeps On Giving
Larks Community FUNd Endowment
About our Endowment FUNd:
The Larks Community FUNd has established the endowment so that your donation can help us give grants today and in the future. An endowment fund is a permanent fund. The principle in the fund remains untouched. Instead, the interest earned on the fund is available every year to provide access to sports, educational opportunities, and positive life experiences to those in Lark Nation.
The benefit to you:
There are some unique benefits to donating to a qualified ND endowment fund. The most significant one is the 40% ND State Tax Credit.
Individuals who donate a minimum of $5,000 and businesses that donate any amount in one calendar year to the Larks Community FUNd Endowment are eligible for a 40% State Tax Credit on their gift, up to $10,000 credit.
The table below shows the cost of a gift to our endowment fund for donors in the 32% tax bracket.
| GIFT AMOUNT | $5,000 | $25,000 | $50,000 |
|---|---|---|---|
| Federal Tax Savings | $1,600 | $8,000 | $16,000 |
| ND State Income Tax Credit | $2,000 | $10,000 | $20,000 |
| Net Cost of Gift | $1,400 | $7,000 | $14,000 |
How to Donate to the Endowment:
(1) Write a check out to NDCF with Larks Community FUNd on the memo line (mail check to address above)
(3) Transfer stock and avoid capital gain tax on your appreciated asset
(4) Take advantage of the IRA Charitable Rollover
(5) Establish a Charitable Gift Annuity through NDCF to support our endowment fund
(6) Leave a gift in your will
(7) Make an endowment fund the beneficiary of your live insurance policy or retirement account
Questions ?
Larks Community Fund
info@larkscommunityfund.com
701.866.7013
The Larks Community Fund Endowment is a component of the North Dakota Community Foundation. If you have any questions regarding your donation or the tax benefits, please contact Kara L. Geiger at 701.415.0984 or kara@ndcf.net.
