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& The Benefits of Giving

The Depot Foundation encourages private giving to enrich our region with arts and culture. Donors benefit in various ways from their gifts to The Depot Foundation.

Permanence: A gift to The Depot Foundation will continue to benefit the regional community with arts and cultural enrichment in perpetuity.

Convenience: One gift can address a number of needs and benefit any of the arts and cultural organizations housed within the Historic Union Depot.

Tax Savings: The Depot Foundation is classified under federal tax laws as a public charity. Donations are exempt from income tax under Section 501 (C) (3) of the Internal Revenue Code and under similar provisions of the Minnesota Income Tax Act. Donors receive maximum tax advantages for income, capital gains and estate tax purposes.

Accountability: The Depot Foundation is accountable to the public and presents an annual report including financial statements prepared by independent auditors.

Professional Management: The funds of The Depot Foundation are pooled for investment purposes and managed by a team of professional investment managers.

Professional Staff Assistance: The Depot Foundation’s staff works closely with donors to select that best donation option that meets the donor’s individual goals.

Multiple Gift Options: The Depot Foundation welcomes gifts of any size. Donors may choose to give to an existing Designated Fund or your gift may be directed to the Depot Foundation’s Unrestricted Endowment with the following types of gift:

  • Cash
  • Publicly Traded Securities & Stocks
  • Real Estate and/or Life Estate
  • Personal & Real Property
  • Life Estate Gifts
  • Life Insurance
  • Charitable Remainder Annuity & Unitrust Annuities
  • Charitable Lead Trusts
  • Bequests

For more information on any of the gifting options listed above please contact our office directly at 218-279-9913 or email

The Depot Foundation would like to advise all donors of major gifts to seek legal counsel prior to making a major gift donation.

Any gifts may be directed to an existing Designated Fund that will benefit a particular interest or specific organization that appeals to you, or to the Unrestricted Endowment which enables the foundation to respond to future needs that cannot be predicted today.


Donor Recognition

Donors may choose to be recognized in The Depot Foundation’s Fall Annual Newsletter or remain anonymous for the gifts they make.

All donors will receive a letter delivered via United States Postal Service for donations made in cash, check, or credit card information received in The Depot Foundation office or via electronic recognition letter if contributions are made via the website acknowledging their gifts.

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