Should Your Congregation Establish a Special Endowment Fund to Enable Donors to Reap Unprecedented Tax Benefits?
by Craig M. Johnson, CPA, Fargo
The 2007 and 2011 North Dakota Legislatures have passed legislation which allows a significant income tax credit for certain gifts to “permanent, irrevocable” endowment funds of qualified North Dakota charitable organizations (including religious organizations). This legislation pertains to certain “business” gifts made in a taxable year beginning after December 31, 2006 and also to certain gifts made by individuals and “businesses” made in taxable years beginning after 2010. Qualified donors will likely find that well over 50% of their gifts will be “subsidized” through State and Federal tax incentives! Continue reading…
A new DVD, The Eastern North Dakota “US” – Stories of Shared Ministry, is now available thanks to generous people willing to share their talents. This DVD highlights some of the good work happening in the Eastern North Dakota Synod.
The two main stories on the title page of the DVD convey the mission of the Synod and that of the greater ELCA. There are 12 chapter story videos detailing some of the ministries of the Eastern North Dakota Synod. Enjoy viewing them. We want you to know the ‘Synod Stories’ to feel good about enthusiastically supporting our work together. Each congregational president has received a copy of this DVD for use in their local congregation.
Watch online…
How to use the EaND “Us” DVD (Download .pdf file)
Continue reading…
By EaND
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Posted in Announcement, From the Bishop, Stories
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Also tagged Bible Camp, Bishop Rindy, Call Process, Campus Ministry, Central African Republic, Dacotah O'yate, ELCA, Featured, Lutheran Social Services, Resource Center, Resources, Seminarians, Synod Endowment, the Project F-M, Youth Ministry
UPDATED: January 12, 2009
The information in this article may be of great interest to you if you are over 70 1/2 years old and have one or more Individual Retirement Accounts. The information shared below may be pertinent to charitable gifts made to a variety of organizations, including annual church offerings, gifts to church endowment funds or capital campaigns, as well as gifts to the Eastern ND Synod Endowment Fund, ELCA social ministry organizations and ELCA churchwide initiatives (external link). Continue reading…
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