Minot Area Community Foundation has announced Match Madness, an initiative designed as a year-long celebration that will strengthen local nonprofits and the community as a whole.

According to a news release, as part of MACF’s 25th anniversary celebration, it is launching Phase One: Endowment Matches as an opportunity for nonprofits and donors to maximize their impact through matching funds. In Phase One, MACF is committing $150,000 to fuel endowment growth through strategic matching opportunities:

– $100,000 Existing Agency Endowment Match. Twenty existing MACF agency funds will each have the opportunity to receive a $5,000 match when they raise $5,000 or more in new money (organizations may not use operating reserves).

– $25,000 New Agency Endowment Match. The first five non-profit organizations that establish a new agency endowment fund with at least $5,000 will receive a $5,000 match. This must also be new money (organizations may not use operating reserves).

– $25,000 New Individual Donor-Advised Endowment Fund (DAF) Match. The first five individuals to create a new DAF with $5,000 or more will receive a $5,000 match to jumpstart their philanthropic giving.

Contact MACF or visit its Center for Community Giving website for details.