Do you love Maryland?  We certainly do.  What better way to show your love for the state than to establish or donate to an endowment that will support Maryland now and in perpetuity than through Endow Maryland. 

Endow Maryland is a state tax credit that rewards donors who help build permanent charitable funds for local communities across the state and right here in Montgomery and/or Prince George’s County The program  provides an incentive for Marylanders to give back to their local communities in a meaningful and lasting way.   

Donors who make charitable contributions between $500 and $250,000 to qualified permanent funds are eligible to receive a 25% Maryland tax credit. In addition, your gift may be eligible for a federal charitable tax deduction, depending on your tax status.  Endow Maryland provides a tax credit, but the value of the gift to the state is forever.

Here at The Community Foundation,  we host endowments designated solely for the benefit of  Montgomery and Prince George’s counties.  The proceeds from these endowments work to assist every resident of these counties in achieving economic security.  Our goal is to strengthen the safety net to meet basic human needs, connect our youth to opportunities to succeed, and help workers gain the skills and credentials they need to thrive in our region’s economy.

DETAILS FOR DONORS

• Endow Maryland  credits are available on a first-come, first served basis.  Please be sure to contact The Community Foundation staff to confirm if there are still credits available for this calendar year.

• Endow Maryland tax credits are available for Maryland residents making gifts towards permanent endowments that benefit Maryland. 

• Tax credits are only available for new contributions directly into one of our permanently endowed funds—i.e., a grant from your fund/foundation or a charitable distribution from an IRA would not be eligible.

• Contributions may be made in the form of a personal check or stock gift.

You can learn more about the Endow MD Tax Credit by visiting the State of Maryland’s website.

HOW TO APPLY

The State requires that all donors follow these steps in order to apply for the Endow Maryland tax credits:

1. Please first contact your donor services officer to confirm that tax credits are still available for this year. 

2. Download, print, and complete the Endow Maryland Certification of Contribution Form (required for each contribution) and the Endow Maryland Waiver of Information Form (required annually).

3. Make your gift via a check or stock donation.

4. Return the form to the Community Foundation via email or fax:

INFORMATION FOR ADVISORS

Download this important bulletin by Venable LLP, "Effect of IRS Regulations on Endow Maryland Tax Credit," published July 29, 2019.