2023 FM Area Caring Catalog

10 Reasons to Partner WITH THE FM AREA FOUNDATION for your philanthropic efforts:

1. Local Expertise: The FM Area Foundation has a deep knowledge and understanding of the needs and opportunities in the Fargo-Moorhead region. They can help you make informed decisions about where your charitable contributions can have the most significant impact.

2. Professional Advisor Relationships: Partner with professional advisors to create effective giving strategies. Your advisors can work with the foundation to structure charitable donations in tax-efficient ways, including strategies such as appreciated securities, charitable trusts, and bequests.

3. Efficient Giving: Community foundations like FM Area Foundation are well-versed in managing and disbursing funds to local nonprofit organizations. This expertise ensures that your donations are used effectively and efficiently to support the causes you care about.

4. Tax Benefits: Partnering with a community foundation can offer a variety of tax advantages. Depending on your specific situation, you may be eligible for tax deductions, including the ND Charitable Income Tax Credit.

5. Legacy Planning: The FM Area Foundation can help you establish a lasting legacy by creating a fund in your name or in memory of a loved one. This ensures that your philanthropic goals and values continue to be supported in the community for generations.

6. Diverse Giving Options: Community foundations offer various giving options, from donor-advised funds to scholarships, endowments, and more. This flexibility allows you to tailor your giving to meet your objectives and interests.

7. Grantmaking Expertise: The FM Area Foundation has experience in grantmaking and can help you identify and support local nonprofits that align with your philanthropic goals.

8. Administrative Support: The Foundation can handle administrative tasks related to your charitable giving, such as managing paperwork, processing grants, and ensuring compliance with legal and regulatory requirements.

9. Impact Measurement: The FM Area Foundation can help you track the impact of your donations, providing you with regular updates on how your contributions are making a difference in the community.

10. Donor Education: The FM Area Foundation can provide resources and information to help you become a more informed and effective philanthropist.

The FM Area Foundation, in partnership with individuals, families, professional advisors, and nonprofits, works together to maximize philanthropic impact.