A new Maryland state tax credit called “Endow Maryland” rewards donors who help build permanent charitable funds for local communities across the state. Starting in 2015, Endow Maryland offers a tax credit for gifts of at least $500 to permanent, endowed funds at qualified community foundations in Maryland.
Endow Maryland provides an incentive for Marylanders to give back to their local communities in a meaningful and lasting way. It promotes charitable giving in Maryland, for Maryland.
The Endow Maryland tax credit applies only to gifts to permanent, endowed funds at qualified Maryland community foundations. These gifts will generate many times the initial value of the gift in benefit to the community.
Endow Maryland tax credit helps you do more good for your community
How to Apply
To find out how you can make a gift that will benefit your community forever and qualify for an Endow Maryland tax credit, contact your local community foundation.