VALLEY CITY, N.D. (NewsDakota.com) – The Barnes County Historical Society and the Sheyenne Valley Community Foundation cordially invite you to “Treasures of the Past, Gifts for the Future” event on Thursday, April 18th at 7 pm.
Barnes County Historical Society President Steve King encourages you to attend this unforgettable evening where stories unfold amidst the enchanting melodies of a special concert performed on a 150-year-old piano by VCSU’s esteemed pianist, Ozzie Johnson.
During the event, you’ll have the chance to hear from the Sheyenne Valley Community Foundation and Steve King, as they share insights on how you can contribute to their Endowment Fund.
Indulge in the opportunity to explore exhibits while enjoying a glass of wine and dessert from Wild Prairie Bakery. During the event, you’ll have the chance to hear from the Sheyenne Valley Community Foundation and President of the Barnes County Historical Society, Steve King, as they share insights on how you can contribute to our legacy by supporting their Endowment Fund, echoing the remarkable generosity of Charolette Van Houten.
The growth of the Endowment Fund ensures the continued thriving of our heritage for years to come. Your support, whether through attendance at our event or through thoughtful consideration of leaving a legacy, is paramount to the ongoing success of the Barnes County Historical Society.
So join us on April 18th to help build awareness of the importance of preserving our history. Together, let’s open the next chapter in our shared story of preservation and progress. Save the date and be a part of this unique blend of history, music, and community support. Together, let’s ensure that our heritage endures for generations to come.
Meanwhile, If you are looking for a way to manage your IRA required minimum distribution (RMD) while making a meaningful impact in your community? Look no further! The Barnes County Historical Society Endowment Fund presents a fantastic opportunity to leverage your RMD and benefit from tax advantages through the North Dakota Charitable Income Tax Credit.
As many retirees are aware, reaching the age of 73 triggers the requirement to withdraw a minimum amount from traditional IRAs and other retirement accounts. However, what some may not realize is that these distributions can be directed toward charitable causes, offering both financial benefits and the satisfaction of giving back. By directing your RMD to the Barnes County Historical Society Endowment Fund, you’re not only supporting the preservation of local history and culture but also potentially reducing your taxable income. Contributions made directly from your IRA to qualified charitable organizations, like the Sheyenne Valley Community Foundation- Barnes County Historical Society Endowment Fund, can count towards your RMD without being added to your taxable income.
Moreover, North Dakota residents can take advantage of the Charitable Income Tax Credit, which offers a dollar-for-dollar credit on state income taxes for contributions made to qualified endowment funds. This means that your donation to the Barnes County Historical Society Endowment Fund could provide significant tax savings while making a lasting impact on the community.
The Barnes County Historical Society plays a vital role in preserving the heritage and stories of our region for future generations. Your support ensures that educational programs, museum exhibits, and historical preservation efforts continue to thrive, enriching the lives of residents and visitors alike.
As you plan your financial strategies for the year ahead, consider the benefits of directing your IRA required minimum distribution to the Barnes County Historical Society Endowment Fund. Not only will you fulfill your RMD obligations, but you’ll also leave a lasting legacy and enjoy valuable tax advantages in the process.
To learn more about how you can support the Barnes County Historical Society Endowment Fund through the Sheyenne Valley Community Foundation or to make a contribution, please visit yoursvcf.org or call 701-490-9014.
The full interview with Steve King is below.