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.
Could the Endow KY Tax Credit help you? Give us just one minute and see!
Welcome to the inaugural Weaver Challenge for Charities! Now until November 30, we encourage you to support 19 participating nonprofits by monetary donations through the Murray-Calloway County Community Foundation. Every dollar donated to each nonprofit's endowment will be matched by the foundation, up to $5,000 for each organization and until we give $60,000 away!!