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Donor Advised Funds: Working hard for our community

Donor-advised funds are a popular charitable giving tool. And right now is a perfect time to evaluate this planning strategy for your clients. In recent years, donor-advised funds have been one of the fastest-growing philanthropic planning tools in the marketplace. Donor-advised funds are popular because they allow an individual or family to make a tax-deductible transfer that qualifies as a char…

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Important Reminders: QCDs and CLATs

In today’s market conditions, we want to highlight the unique importance of Qualified Charitable Distributions (QCDs) and Charitable Lead Annuity Trusts (CLATs). Given the critical needs facing our community right now, the team at the FM Area Foundation wants to reiterate the value of these two planning tools. Please contact us if you have any questions about how these charitable giving techniqu…

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Community Response Fund of Cass and Clay Counties Awards First Round of Grants

The FM Area Foundation activated its Community Response Fund of Cass and Clay Counties in March to provide grants to nonprofits directly involved in addressing needs for vulnerable populations during the COVID-19 crisis. To date, the fund has raised $115,395.84 and the Foundation moved $250,000 from its annual community grant round dollars into this fund, bringing the total to $365,395.84.  The f…

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FM Area Foundation Responds to Urgent COVID-19 Need with Community Response Fund. Joining #GivingTuesdayNow in Global Day of Giving

#GivingTuesdayNow is a new global day of giving and unity that will take place on May 5, 2020 – in addition to the regularly scheduled Dec 1, 2020 #GivingTuesday – as an emergency response to the unprecedented need caused by COVID-19.The day is designed to drive an influx of generosity, citizen engagement, business and philanthropy activation, and support for communities and nonprofits around the …

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Thomsen Homes Establishes Fund for COVID-19 Relief

Provides support to people and businesses affected by coronavirus pandemic   In times of disaster, our community comes together. The people of Fargo-Moorhead have proven this time and time again. The past few weeks have been challenging as we all navigate the coronavirus pandemic, social distancing and the temporary closure of many facilities; however, our community is once again rising to the o…

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FM Area Foundation Commits $250,000 as a Challenge Grant for Community Response Fund

The FM Area Foundation recently activated its Community Response Fund of Cass and Clay Counties to address the impact of the novel coronavirus pandemic in the Fargo-Moorhead area. The Foundation initially funded the Community Response Fund with $25,000 and is now committing an additional $250,000 as a challenge grant to the community. Grants from this fund will go to qualified nonprofit organizat…

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FM Area Foundation Activates Community Response Fund

The FM Area Foundation has activated its Community Response Fund of Cass and Clay Counties to respond to the impact of COVID-19. The purpose of this fund is to collect donations from individuals, families, businesses, private foundations, and the like, to support immediate and long-term recovery efforts following a community crisis or disaster. The Foundation is currently collecting donations to …

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FM Area Foundation Office Closed to Public

In Response to COVID-19 The FM Area Foundation’s priority is our community and all who live here. To help slow the spread of COVID-19, our office will be closed to the public and our staff will be working from home until further notice. Although the FM Area Foundation’s physical office will be closed, we will continue our daily operations. As always, you can call our main line at 701.234.0756 to…

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Community Room Events Closed Until End of May

As we closely monitor the growing impact of COVID-19, we have decided to suspend use of our community room by outside organizations until the end of May as a preventative measure. We will reassess the situation and determine the best plan moving forward, at that time. The Nonprofit Learning Series event scheduled for March 26 at our office has been postponed. We will update those who were registe…

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Creative Solutions

As your clients gear up for another year of giving, how can you help them make the most of their good intentions? Consider helping clients plan their charitable giving budgets around three points—amount, timing, and category. How much? That’s the $64 question. Likely more, depending on the client's budget. Something for clients to keep in mind when setting a budget for supporting favorite cause…

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