Did you know that Kentucky is incentivizing philanthropy throughout the commonwealth through its Endow Kentucky Tax Credit Program?
The Endow KY Tax Credit allows donors to receive not just a charitable deduction, but also a credit against your Kentucky income taxes. The credit is 20% of your gift, up to $10,000. This means the maximum an individual can give is $50,000, which would allow for a $10,000 tax credit. Gifts must be directed to a permanent endowment fund at a qualified community foundation, like the Murray-Calloway County Community Foundation.
ENDOW KENTUCKY TAX CREDIT
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Murray-Calloway County Community Foundation, Inc.
705 S 4th St
Murray, KY 42071
MCCCF, Inc. © 2018
Murray-Calloway County Community Foundation is an affiliate of the Community Foundation of West Kentucky.
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