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Through a community foundation, gifts large and small

can come together for the greater good.

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• You can invest in the work of the Foundation by donating to the Founders Fund.  This unique program allows you to support the Foundation and contribute to the Founders Discretionary Grant funds to improve the quality of life in Faribault.  Qualifying gifts give donors recognition as Founders Society Members in perpetuity.

• The Community Opportunity Fund provides the annual CommUnity Micro Grants. Many people give an annual gift of $365. representing a dollar a day.  When giving a gift in honor or in memory of someone, this fund is a great choice. Consider an annual gift to the Community Opportunity Fund.

• Community Foundations are uniquely connected to the community they serve.  We have established funds with key local nonprofits for their benefit.  Donors have many options for their philanthopy.  You can donate to any of the existing funds managed by the Faribault Foundation   (Click here for the list)

• Create a new fund that aligns with your charitable goals and benefits the Faribault Area in ways that are most important to you. (Click here for the types of funds to consider.)

• Donate in honor or in memory of someone.  When you do this, you can specify the fund or cause you wish to support.  Unspecified gifts will be added to the Community Opportunity fund. 

• Contribute to a special project - like the Viaduct Park!  (Click here for details) The Faribault Foundation is the fundraising arm for the new park downtown.  We can offer naming rights for emenities and recognition for all gifts over $1000.

• Open your own Donor Advised Fund (DAF) flexible or endowment fund.  A DAF is a simple way for you to organize and execute your regular charitable giving. You set up a fund with the Faribault Foundation, deposit into the fund, receive maximum tax benefits and then direct eligible grants to be distributed within the community. It’s a little like having a private foundation, and we manage all of the administrative tasks for you.  Here are some links for understand more about DAF's. 

  • Shop Local for your DAF​

  • Mike Richie on DAF's

  • Jeff Jandro on DAF's

  • Todd Markman on DAF's

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Check us out.

We are commited to full transparency.  Our board maintains rigorous oversight and has given careful consideration to every policy.  By-laws, and full policy details are available upon request. 

In December of 2025 we were awarded accreditional from the Community Foundation National Standards organization.  Click here for details.

Here are some of the most asked for documents:

• 2024 IRS 990 Tax Statement

• Past 990 documents

• Investment Policy

• Spending Policy

• Administrative Fee Policy

• DAF Guidelines

• Bequest information

• Gift Acceptance Policy

 

 

What to give

Donations may be made with cash, check or credit card.

Stocks and securities - transfer publicly traded funds or mutual funds

Qualified Charitable Contribution from your IRA 

Gifts of real estate 

Legacy gifts: Leave a portion of your estate through your will or bequest.
Name the Faribault Foundation as a beneficiary or partial beneficiary of a life insurance policy or retirement savings account.
Name the Faribault Foundation as recipient or partial recipient of land transfers or other wealth transfers.

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With our donor centric philosphy, we are honored to work with you to determine which type of fund or gift is most beneficial for you and meets your philanthropic goals.

Please contact Laura Bock for more information on any of these options, or any other ideas you may have.

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Tax Advantage

Many gifts are tax deductible.

Always consult your accountant or attorney for tax advice.

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  Together, we’ll find what is important to you and work toward that goal. 

You can make a difference with your generosity.

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