Endow Kentucky Tax Credit
The Endow Kentucky Tax Credit Program is a great way for Kentuckians to invest in the future of our community. By making a gift to an endowed charitable fund held at the Community Foundation of Louisville, you can be eligible for a tax credit of 20% of that gift. Unlike a regular tax deduction, a tax credit lowers your tax bill dollar-for-dollar. With a maximum allowable contribution of $50,000, that means an individual can earn up to a $10,000 tax credit.
Individuals must apply before making their gift. Credits are awarded on a first-come, first-served basis until the $2 million cap is reached. Please see below for how to get started.
To learn more or to apply, contact us.