Giving Incentives
Related to Estate Planning
By Jennifer Greuel, Executive Director
North Dakota Association of Nonprofit Organizations
NORTH DAKOTA
BAR FOUNDATION
DONATIONS
Summer 2020
MEMORIAL
RICHARD E. T. SMITH
Hon. Alice R. Senechal
SBAND
MEMORIAL
SOL M. WEZELMAN
Thomas A. Dickson
According to a 2016 report1, nearly one-third of all donations are given in
December, with 12 percent of donations given the last three days of the tax year,
showing that taxes are a large consideration and incentive to give. Clients working
on estate planning should be made aware of giving incentives which could reduce
their tax liability:
• Planned gift tax credit – credit of up to 40 percent of a planned gift
to a qualified nonprofit or endowment fund.
• Endowment fund tax credit – credit of up to 40 percent of a contribution
to a qualified endowment fund.
This year’s CARES Act also includes an above-the-line deduction of up to $300 per
individual for 2020 federal taxes and allows individuals who itemize to deduct 100
percent of their adjusted gross income and corporations to deduct up to 20 percent.
For more information visit www.ndano.org.
1. https://www.neoncrm.com/10-year-end-giving-statistics-everyfundraiser-should-know/
ATTENTION SUBJECT
PHOTOGRAPHERS AND ARTISTS
The Gavel
would like to
consider your
photograph
and artwork
for its cover.
MATTER
• Color photographs of North Dakota landscapes;
building interiors and exteriors (including the
State Capitol Building); landmarks; and animals
(people can appear only as incidentals and must
not be identifiable)
TECHNICAL REQUIREMENTS
• Vibrant color, sharp focus, high contrast
• Digital photos preferred
• Use the highest quality image setting on your
smartphone or digital camera.
• Portrait orientation (vertical) is preferred.
• Photos must be at least 8x10 inches at 300 dpi
for full photo cover.
• Send the original JPG (.jpg) file.
Please do not resize or change resolution.
ELIGIBILITY REQUIREMENTS
• SBAND members, active and retired only
(does not include relatives of SBAND members)
• Law-related administrative staff
• North Dakota law students
SUBMISSION INFORMATION
• Email your photos to: [email protected].
• Identify the photographer; include legal affiliation.
• Include a brief description of the photograph and
a working photograph title; note where and when
the photo was taken.
SUMMER 2020 33