North House Folk School

A Donor Advised Fund can be a great tool for supporting your charitable giving. It gives you control as the donor of making donations when the timing is right, and then the flexibility of making gifts later to your favorite charities.

Donor Advised Funds can help to simplify your giving as well as being a tax-wise option. You receive an immediate tax deduction when you contribute to your DAF, and this can be especially helpful when making contributions of appreciated stock, or as you approach retirement (which is often when people have the highest income taxes).

North House regularly receives Donor Advised Fund Gifts. If you already have a DAF we hope you'll consider recommending a grant today.

If you're recommending a grant, this might be information your DAF provider needs to complete the gift.

North House Folk School
PO Box 759
Grand Marais, MN 55604
218-387-9762
Tax ID: 41-1878887
Org Exempt Status: 501(c)(3)

Have questions about Donor Advised Funds, or how to learn more about tax-wise giving strategies, contact our Development Director, Tom Morse TMorse@northhouse.org

A gift of appreciated stock from a brokerage account can be a great option for growing your charitable giving. By donating shares directly to North House, you get the full value of the stock as a charitable deduction, while not having to pay capital gains tax. This can be especially useful with highly appreciated stocks.

To make a gift of stock you'll need North House's brokerage account information, which can be requested from our development director, Tom Morse - TMorse@northhouse.org

A third popular option for supporting North House is using your IRA's Required Minimum Distribution (RMD) as a Qualified Charitable Distribution. By sending your IRA funds directly to North House, you avoid a portion of income that would otherwise be taxed. Your IRA provider will be happy to assist you with this.

You may need the following information for recommending a Qualified Distribution to North House:

North House Folk School
PO Box 759
Grand Marais, MN 55604
218-387-9762
Tax ID: 41-1878887
Org Exempt Status: 501(c)(3)

North House regularly receives QCD's and our gift acknowledgement letters contain all of the needed language to make sure that your gift documentation matches what the IRS needs for verifying these gifts.

If you have questions about QCD's contact our Development Director, Tom Morse - TMorse@northhouse.org