Ways to Give

Donations can be mailed to the Catholic Foundation, PO Box 1175, Bismarck, ND 58502-1175.  You can make your donation by calling us at (701) 204-7229. Donations can also be made online by visiting our website at www.CFWND.org.

Donations can either be a one-time donation or you can set up a recurring donation, such as weekly, monthly, quarterly, etc.

You may be looking for a way to make a big difference to an endowment fund.  If you are 70½ or older, you may also be interested in a way to lower the income and taxes from your IRA withdrawals.  An IRA charitable rollover is a way you can donate to any Catholic endowment fund and benefit this year. 

Benefits of an IRA charitable rollover:  1.)  You can avoid taxes on transfers of up to $105,000 from your IRA to your favorite Catholic endowment fund(s). (If, however, you file taxes jointly, your spouse can also make a QCD from his or her own IRA within the same tax year for up to $100,000.); 2.) You may satisfy your required minimum distribution (RMD) for the year; 3.) You may reduce your taxable income, even if you do not itemize deductions.  IRA QCD gifts are not deductible – however the distribution is not included in your income in the first place, which for most people is more favorable than a deduction; 4.) You make a gift that is not subject to the deduction limits on charitable gifts; and 5.) You help further the work and mission of your favorite Catholic endowment fund(s). 

How an IRA charitable rollover gift works:  1.)    Contact your IRA plan administrator/custodian to make a gift from your IRA; 2.)  Your IRA funds will be directly transferred to the Catholic Foundation for your favorite Catholic endowment fund; 3.)  Please let Ron Schatz at the Catholic Foundation know this distribution will be taking place by phone (701) 204-7202 or email [email protected] or Bryan Winterberg at (701) 415-0399 or [email protected].  We will need to know your IRA administrator’s name, the amount, and what Catholic endowment fund you would like to support because this information is not always included on the check.  We want to ensure that we record your donation correctly.  This information is not intended as tax, legal, or financial advice.  Please consult your accountant, lawyer, or personal financial advisor for information specific to your situation. 

Donating appreciated securities, including stocks, bonds, or mutual funds, is an easy and tax-effective way for you to make a donation to your favorite Catholic endowment fund. 

The benefits of gifts of appreciated securities are 1.) You avoid paying capital gains tax on the sale of appreciated securities; 2.) You receive a charitable income tax deduction; and 3.) You further the mission of your favorite Catholic endowment fund. 

Please contact your investment advisor/brokerage firm, and complete that brokerage firm’s paperwork authorizing them to directly transfer a specified number of shares through a DTC transfer (electronically) to: 

Edward Jones Investments 
DTC Number: 0057 
FBO: Catholic Foundation of Western North Dakota 
Edward Jones Account Number: 256-16667-1-6 

For assistance, you may call Kyle Engelhardt at (701) 222-4802. 

It is not required, but it is helpful that you also notify the Catholic Foundation of Western North Dakota to tell them of your intentions, so they can make sure your donation gets credited to the correct account.  Please contact Ron Schatz by calling (701) 204-7202 or by email: [email protected] or Bryan Winterberg at (701) 415-0399 or [email protected]. 

It is very easy to make donations from your other accounts to any Catholic endowment fund.  1.)    Contact your account holder to make a gift; 2.)  Your account holder will send your donation directly to the Catholic Foundation for your favorite Catholic endowment fund; 3.)  Please let Ron Schatz at the Catholic Foundation know this gift will be taking place by phone (701) 204-7202 or email [email protected] or Bryan Winterberg at (701) 415-0399 or [email protected]  because this information is not always included on the check.  We want to ensure that we record your donation correctly.

Donating any appreciated asset, such as vehicles, property, or other tangible assets can make a great donation to your favorite Catholic endowment fund(s).  The benefits of making this kind of gift are: 1.) You may avoid paying capital gains tax on the sale; 2.) You may receive a charitable income tax deduction based on the value of the gift; and 3.) You will make a lasting legacy to your favorite Catholic endowment fund(s).  Depending on what asset you are donating will determine what document will need to be executed and signed to transfer ownership.  Your gift will generally be based on the property’s fair market value.  Please contact Ron Schatz at (701) 204-7202 or [email protected] or Bryan Winterberg at (701) 415-0399 or [email protected] for more information and assistance.

You may be looking for an easy way to make a significant gift to help further the mission of your favorite Catholic endowment fund.  A bequest is a gift made through your will or trust.  It is one of the most popular and flexible ways that you can make a gift.  The benefits of making a bequest are 1.) You can easily leave a lasting legacy to be remembered; 2.) You can lessen the burden of taxes on your family; and 3.) You may receive estate tax savings. 

Your options for making a bequest are 1.) You can give a specific dollar amount or asset.  A specific bequest involves making a gift of a specific asset such as real estate, a car, other property, or a gift of a specific dollar amount.  For example, you may with to leave your home or $10,000 to your favorite Catholic endowment fund.  2.) You can give a percentage of your estate.  Another kind of specific bequest involves leaving a specific percentage of your overall estate to your favorite Catholic endowment fund.  For example, you may wish to leave 10% of your estate.  3.) You can gift from the balance or residue of your estate.  A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests.  A common residual bequest involves leaving a percentage of the reside of the estate to your favorite Catholic endowment fund.  For example, you may wish to leave 30% of the residue of your estate.  4.) You can make a contingent bequest.  A contingent bequest is made to your favorite Catholic endowment fund only if the purpose of the primary bequest cannot be met.  For example, you could leave specific property, such as a vacation home, to a relative, but the bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to your favorite Catholic endowment fund(s).  

A bequest is generally a revocable gift, which means it can be changed or modified at any time.  You can choose to designate that a bequest be used for your favorite Catholic endowment fund(s) so that you have the peace of mind knowing that your gift will be used as intended.  Bequests are exempt from federal estate taxes.  If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs. 

Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension, other tax deferred plan, or your life insurance policy is an excellent way to make a gift to support your favorite Catholic endowment fund(s).  If you are like most people, you probably will not use all of your retirement assets during your lifetime.  If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy.  For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.   

The benefits of making a gift of retirement assets are 1.) You avoid potential estate tax on retirement assets; 2.) Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis; and 3.) You receive a potential estate tax savings from an estate tax deduction.   

To make a gift from your retirement assets or your life insurance, you will need to contact your investment firm or insurance agency and fill out their paperwork.