The North Dakota Community Foundation was organized in October of 1976 and became fully operational January 1, 1977. It is an IRS designated 501(c)(3) statewide public non-profit tax-exempt corporation that receives and distributes charitable funds to support a wide range of programs, which benefit North Dakotans.
NDCF was formed by a group of citizens who were interested in establishing an efficient way of meeting some of the needs in North Dakota in the educational, charitable, arts, scientific and health areas. Initial support for the Foundation came from the Otto Bremer Foundation, the Northwest Area Foundation, the Northwest Bancorporation, the North Dakota Bremer Banks and the Bush Foundation.
According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.