An endowment refers to gifts that are designated to be invested and not spent. The earnings of the endowment is used for serving the mission.
The donors can create their own name for the fund to honor the individual or business. A named endowment can be made by a donor giving $10,000. The donor can name the endowment to honor the individual or business they choose and they choose the purpose for the earnings of the endowment. The $10,000 may be paid over a five year period if requested.
North Dakota residents and businesses have a unique opportunity of benefiting the population battling the disease of addiction AND have a personal tax benefit. North Dakota provides a tax credit for individuals and businesses to give more, and through their contributions, have a greater impact.