Endow Mississippi is a
25% state income tax credit
which only applies to gifts to permanent, endowed funds at qualified Mississippi community foundations -- like The Community Foundation for Mississippi's Endowment Fund.
Endow Mississippi state tax credits are limited. In fact,
of October 1, just over $25,000 of the total $500,000 of tax credits are still available.
Contact the Community Foundation as soon as possible to take advantage of this opportunity.
Other fast facts:
- To qualify, the minimum gift is $1,000 ($250 tax credit) and the maximum gift is $200,000 ($50,000 tax credit).
- Gifts can go to existing or newly created endowments. Contact us for more details.
- An endowment fund is defined as one that benefits Mississippi charitable causes, is held at a qualified Community Foundation and has an annual granting policy less than or equal to 5%.