ENDOW KENTUCKY TAX CREDIT

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 Community Foundation of Louisville. Individuals must apply for the credit before making their gift, and applications are due on July 1, 2019.

Could the Endow KY Tax Credit help you? Give us two minutes and see!

HOW DOES THE PROCESS WORK?

Learn how the Community Foundation can help you take advantage of this opportunity.

To learn more or to apply, contact us.

Jennifer Fust-Rutherford, JD
Jennifer Fust-Rutherford, JD »
Director of Gift Planning
502.855.6953
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