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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.

Pledge Total:  Number of Years: Per Month:
$5,000 1 $417
$10,000 3 $278
$20,000 5 $334
$50,000 5 $834
$75,000 10 $625
$100,000 10 $834
Incentives for Individuals include:
  • An individual may receive a 40% tax credit for contributions of $5,000 or more (lump sum or aggregate in one year) to a qualified endowment, which ShareHouse Foundation has.
  • Planned gifts by individuals qualify for a 40% income tax credit up to a max. credit of $10,000/year for individuals and up to $20,000/year for married couples filing jointly.

See N.D. Endowment Credit 57-38-01.21 and 57-35.3. This credit is available to those who itemize expenses on their taxes for three taxable years.

Incentives for Businesses include:
  • State income tax credit of up to 40% of the value of the gift, with a maximum credit of $10,000 per year
  • Unused credit may be carried forward for up to 3 taxable years
Which Institutions Qualify?
  • C corporations
  • Pass-through entities
  • Subchapter S corporations
  • Partnerships
  • Limited Liability Companies
  • Estates (if they file an income tax return)
  • Trusts
  • Financial Institutions

For more information on making a gift, contact ShareHouse Foundation Director at or 1-701-478-9518.