Endow Maryland Tax Credits
Continuing in 2019, the state tax credit called “Endow Maryland” rewards donors who help build permanent charitable funds for local communities across Maryland. Endow Maryland provides an incentive for Marylanders to give back to their local communities.
Endow Maryland awards tax credits for donations, $500 to $50,000, to new and existing permanently endowed funds that benefit local communities.
The tax credits, which are 25% of the value of the contributed cash or securities, are awarded to both businesses and individuals on a first-come, first-served basis. A taxpayer may claim a maximum of $12,500 in Endow Maryland tax credits per year.
Contact us for information on how to make your gift to the Mid-Shore Community Foundation qualify for an Endow Maryland tax credit.