Montana Endowment Tax Credit

This tax credit (enacted by the MT Legislature in 1997) allows donors to pay less in Montana income taxes by giving a planned gift to a permanent endowment fund of a qualified Montana charity (like the Foundation for Community Care).

With a planned gift, an individual receives a credit on his or her Montana income tax bill equal to 40% of the federal income tax deduction for the gift.

There is a maximum $10,000 tax credit, per year per individual. What an outstanding incentive to donate!

Corporations, partnerships, and limited liability companies can also qualify for this credit (at 20%) with outright gifts of cash, stock, etc.

This tax credit is available in Montana through 2025.