Roseau Area Community Fund

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MAKING A DONATION

Each and every contribution to any of the funds in the Roseau Area Community Fund family is important and provides us with critical assets.

Donations to all restricted funds underneath the umbrella of the Community Fund are tax deductible. The earnings from endowed gifts will be dispersed each year for the betterment of our area, as recommended by a local advisory committee. The principle will not be depleted, so funds will be available year after year. The earnings will be used to support community and charitable projects within our area such as arts and education, leisure and recreation, and youth and senior enrichment.

The Northwest Minnesota Foundation, of which the Roseau Area Community Fund is a component, is currently making a 10% matching gift to the community fund for every endowment dollar donated through June 30, 2008, up to a $50,000 maximum. 

There are several ways to contribute to the funds. Contributions may be designated to any of the funds to be used at the board’s discretion or may be given to a specific established program.

WAYS TO GIVE

NOW! - ONLINE secure donations using Visa, MasterCard or Discover - click the link below

                Donate :: Community Funds :: By City

Cash- Checks payable to "NMF- Roseau Area Community Fund" or any other Roseau fund, may be sent to:

RACF                                             OR                                Northwest Minnesota Foundation

200 4th Ave. NE                                                                4225 Technology Drive NW

Roseau, MN  56751                                                            Bemidji, MN 56601

Pledge- Pay any amount, over 3-5 years, on a schedule you select.

Bequest- Designate the Roseau Education Fund as a recipient in your will.

Memorial- Honor someone's memory with a gift to the Roseau Education Fund.

Employee Matching Plan- If your employer has a policy of matching employee contributions, you will have the benefit of leveraging your contribution.

Payroll Deduction- If your workplace participates in payroll deduction, name the Roseau Education Fund as a recipient.

Holiday Gifts, Special Events- Celebrate holidays by making a donation as a gift to friends, family, or business associates.

Stocks, Bonds, or Real Property- Contribute appreciated property and receive a tax deduction while avoiding capital appreciation taxes.

Charitable Remainder Trust- Give appreciated property, receive current income tax deductions while maintaining an income for life.

A GIFT THAT LIVES ON

A bequest in your will to the Roseau Education Fund will benefit area students and allow you an estate tax charitable contribution.

There are several ways to define a gift through your will:

• A Specific Request provides a gift of a specific sum of money or property, such as real estate or securities.
• A Residuary Request gives all or a portion of what remains of your estate, after debts, taxes, expenses and any other bequests have been paid.
• A Contingent Bequest takes effect only in the event that the originally named beneficiary does not survive you.

GIVING LEVELS

Silver ($1-$499)

Donations at this level will be deposited into either the general fund or the endowment fund.

Gold ($500 - $2,499)

Donations at this level will be deposited into either the general fund or the endowment fund. Although contributions to the endowment fund are preferred, one-time scholarship(s) may be awarded in the contributor’s name, if specified.

Platinum ($2,500 - $9,999)

Donations at this level will be deposited into an endowment fund. Scholarships will be awarded annually in the contributor’s name. The named scholarship may contain more than one contributor to reach the $500 scholarship level.

Diamond ($10,000 or more)

Donations at this level will be deposited into an endowment fund. Scholarships will be awarded annually in the contributor’s name.

CONTACT

For more information or for assistance in making a planned gift, contact Caryl Turnow, NMF Fund Development Specialist, 218-463-0440 or in MN 800-657-7859 - E-mail cturnow@wiktel.com