How to Start a Fund

Giving back to your community should be an enjoyable experience, and that’s why we make giving as easy as possible. We meet personally with donors to determine goals and create a fund that makes sense for you.

We are highly flexible in our ability to accept complex gifts and have seven types of funds to choose from. Any fund can be established in your name or the name of your family, organization, or anyone you wish to honor. All grants from the fund you establish – today and in the future – are awarded to charities in the name of that fund. It’s a great way to be involved with, and be remembered for, your community investment.

Here Are Four Easy Steps To Setting Up A Fund:

Decide When to Give

You can create your fund now, establish it in your will, or create it through a trust arrangement that benefits your family and charity. Tax deductions are earned at the time of your gift, while grants awarded from your fund will continue in the future.

Decide What to Give

Almost any kind of asset can be used to start your fund, such as cash, publicly traded securities, closely held stock, interests in limited partnerships, real estate, life insurance, tangible personal property and private foundation assets. We can also discuss other options with you, such as bequests, charitable remainder unitrusts, charitable remainder annuity trusts, charitable lead trusts, pooled income funds, charitable gift annuities, life income and deferred charitable gift annuities.

Choose the Name of Your Fund

Most of our funds are named after the donor or the donor's family or as a memorial to someone special. Every grant from the fund will carry this name helping carry on your legacy of giving back. If you prefer anonymity, you may choose a name that reflects your fund's charitable purposes.

Choose a Type of Fund

We offer a variety of fund types that are flexible to meet our donors' charitable interests. You can open a permanently endowed fund with a minimum contribution of $5,000. Funds must reach $25,000 within five years. Once the fund reaches $25,000, gifts of any size are accepted. We also offer options for non-endowed funds.

Let us know if you are interested in setting up a charitable fund by filling out the form below. If you don’t have answers to all the questions, that is fine! Fill out what you can and we will be in touch, or feel free to contact our Director of Gift Planning and Donor Services, Greg Diehl, directly at or 701.234.0756.

Learn More

We can do so much more for our communities by working together. If you want to make a difference close to home, you can join like-minded supporters and give to one of our 400+ charitable funds, each with its own unique story and purpose.

“We wanted the scholarship to live on as a legacy for Norman and I in our communities to encourage a young person as they seek their dreams.”

Agnes Liudahl Donor

“Serving on the Foundation board enables me to support efforts to strengthen our community.”

Morrie Lanning Board Member

“We are thrilled to engage our daughters as future advisors to our fund. Knowing there will always be a family member to guide our charitable intent makes us feel great.”

Mike & Peggy Bullinger Donors

“Anything that can motivate a child’s love of reading deserves support. Read to Lead can be such a vehicle.”

Noel & Judy Fedje Donors

“Thank you to the Women's Fund for supporting our moms and children.”

Jeremiah Program Program

“The community foundation is specifically created to encourage and nourish the giving spirit in the community.”

Art Cupler Founder

“Thanks to support from the FM Area Foundation, we completed two major projects. We're very grateful for the Foundation’s generosity as these projects support our mission to preserve and maintain the historic facility.”

Emily Beck Fargo Theatre

    Contact Our Staff

    Greg Diehl, CAP®
    Director of Gift Planning and Donor Services
    Eric Wilkie, MS, CFRE
    Executive Director