Legacy of Hope Endowment Fund

Preserving Hope for Tomorrow

Legacy of Hope Endowment Fund image

Your Investment In The Next Generation

A Long-Term Approach

The Legacy of Hope Endowment Fund is a permanent fund in which the principal is invested, and the earnings are used to support Dream Center Bismarck's mission to serve low-income families in the Bismarck-Mandan area year after year. This ensures a predictable and sustainable funding source for the future of Dream Center Bismarck, preserving and growing your gift of hope for generations to come.

Benefits of Donating to an Endowment Fund
  • Your gift has long-term impact. Endowment funds are invested, creating a permanent source of support.
  • You are providing steady funding, even during economic ups and downs.
  • Your investment lives on indefinitely in our mission to bring "HELP for Today and HOPE for Tomorrow" to families in need.
  • The earnings from your gift provides consistent funding.
  • Tax benefits may be applicable (see below).

YOUR INVESTMENT REPRESENTS HOPE FOR TOMORROW.

100% stays local.

Thank you!

Tax Benefits that May Be Available to the Donor

  • Endowment gifts are tax-deductible.
  • Endowment gifts can be a part of a larger estate plan, which can create additional tax advantages.

ND Tax Credit Information (as of Sept. 2025)

An individual is allowed an income tax credit for making a charitable contribution in the form of a planned gift to either a qualified nonprofit organization or to a qualified endowment fund. The credit is equal to 40% of the contribution, up to a maximum credit of $10,000 (or $20,000 if married filing a joint return).
An adjustment must be made to increase North Dakota taxable income by the amount that the contribution reduced the individual’s federal taxable income. If the credit exceeds the individual’s tax in the tax year in which the contribution is made, the excess credit may be carried over and used on subsequent tax years’ returns for up to 3 years.
A qualified endowment fund is a permanent, irrevocable fund that is:
  • Held by a qualified nonprofit organization (or by a bank or trust company on behalf of the qualified nonprofit organization).
  • Comprised of cash, securities, mutual funds, or other investment assets.
  • Established for a specific religious, educational, or other charitable purpose.
  • Only allowed to disburse the income from, or the increase in value of, the assets contributed to the fund.