The NDFU Foundation was established in 2000 to raise funds for Farmers Union’s renowned youth education program. The goal of the foundation is to establish a permanent, sustainable fund for NDFU’s youth program. Gifts do not necessarily have to be monetary and there are a variety of ways to contribute.
While donations of any amount are appreciated, donations of more than $1,000 will be recognized at the state office on a mosaic wall of recognition. Giving levels include: COBALT – $1,000 to $4,999; BRONZE – $5,000 to $14,999; and GOLD – $15,000 and above.
Did You Know?
Charitable giving has federal and state income tax benefits.
Federal Income Tax Benefits
- Beginning in 2020, individuals who take the standard deduction (and do not itemize) are allowed an “above-the-line” charitable income tax deduction up to $300. In the past, the charitable contribution deduction was available only to taxpayers who itemize.
- Individuals who itemize may elect to claim a deduction up to 100% of their adjusted gross income for donations made in 2020, increased from the prior 60% limitation. This exception only applies to donations made in 2020.
- Corporations that make donations in 2020 may claim a deduction of 25% of taxable income, increased from the prior 10% limit. This exception only applies to donations made in 2020.
State Income Tax Benefits
- Individuals who donate in the form of a planned gift are allowed an income tax credit of 40%, up to a maximum of $10,000 (or $20,000 if married filing jointly).
Disclaimer: This is informational only, and is not tax, legal, or financial advice. Please visit with your financial planner or tax advisor.
HELP BUILD THE NEW CAMP!
In July 2020, NDFU announced it will break ground on a new youth camp facility at the Jamestown Reservoir. The camp will give Farmers Union a presence in the eastern part of the state to complement its camp facility in western North Dakota on Lake Tschida (Heart Butte Reservoir). Given the growth in NDFU’s youth program over the years, various camp facilities have been rented to accommodate youth numbers, which are beyond the capacity of Heart Butte.
The new facility will have a state-of-the-art lodge with an indoor gymnasium, STEM classroom, game room and co-op store, in addition to a dormitory building, storage garage, outdoor volleyball court, softball field and other features.
BUY AN ENGRAVED PAVER
Be a permanent part of the new camp facility by purchasing a personalized engraved brick paver. This is an easy way to leave a lasting legacy that will help future generations of young people enhance their leadership skills, like generations before them, and ultimately build a brighter future for us all.
Bricks can be purchased in various sizes. Click here to learn more!