Endowment Building
The Montana Endowment Tax Credit provides an extraordinary opportunity to reduce your Montana taxes by directing funds to an endowment managed by the Billings Community Foundation. Currently, the tax credit provides one of the most significant philanthropic opportunities. You may receive a federal income tax deduction for your gift, a credit on your Montana state income taxes, and capital gains tax savings if appreciated assets are given. Funding for the future through endowment giving means your gift is held and invested in perpetuity, and only investment income is used to accomplish the purpose of your gift.
To take advantage of the 40% Montana Endowment Tax Credit, individuals must donate through a planned gift, as simple as establishing a Charitable Deferred Gift Annuity with the Billings Community Foundation to benefit the Non-profit Endowment Fund of your choice. This giving vehicle allows a tax credit of up to 40% against Montana income tax owed and the standard Federal deduction. The maximum credit is $10,000 per individual or $20,000 if you file jointly. Cash, securities, real estate, and other assets may be used to fund a charitable planned giving instrument to qualify for the tax credit.
If the Billings Community Foundation does not already have an Endowment Account for your favorite charity, we can efficiently work with that non-profit to establish one!
Qualified Endowment Funds
Absaroka-Beartooth Wilderness Foundation
American Lutheran Church, Billings MT
Big Brothers Big Sisters of Big Sky Country
Big Brothers Big Sisters of Yellowstone County
Big Sky Senior Services
Big Sky Senior Services Prevention of Elder Abuse
Billings Christian School Education Foundation
Billings Christian School Education Foundation – Development
Billings Community Foundation
Billings Depot
Billings Preservation Society
Billings Studio Theatre
Billings TrailNet
Billings Unitarian Universalist Fellowship
Boys & Girls Club of Lewistown
Broadview Community Center
CASA of Yellowstone County
Central Montana Community Cupboard
Central Montana Community Foundation
Central Montana Medical Center Lab
Central Montana Neighbor in Need
Child Bridge
Christikon
Don & Theresa Karls Family
Echoz Pregnancy Care
Faith Lutheran Church of Ronan, MT
Family Promise of Yellowstone Valley
First Congregational United Church of Christ
First Presbyterian Church
Head Start
James A. Wrightson Educational Fund
Joliet Community Center
LaVie Pregnancy Center
Lewistown Friends of the Pool
Lewistown Friends of the Trails
Lewistown Ice Skating Association
Lewistown Public Library
Love and SONshine Ministries
Lutheran Center
Miles City Area Community
Montana Audubon General
Montana Audubon Public Policy
Montana Conservation Voters Education
Montana Society of CPA Legacy Foundation
MT Environmental Information Center
Muryl & Lu Myhre Foundation
NAMI – Billings
Nature Conservancy of Montana
Naturopathic Education & Research Consortium
Nile Foundation
Obert Undem Endowment for Community Vitality
Project Hope of Stillwater County
Rimrock Opera Company
Rocky Mountain College Library
Sandra K. Anderson
St. James Episcopal Church of Lewistown
Stillwater Historical Society
Thomas & Amoretta Wilkins
Thomas L. & Linda M Weeks Family
Tumbleweed
Unity Church of Christianity
Volunteers of America Northern Rockies Independence Hall
Western Heritage Center Permanent
Winnett Hughs Scholarship Grass Range
Wise Wonders Science & Discovery Museum
Yellowstone River Parks Association
Yellowstone River Parks Association - Dover Park
Yellowstone Valley Audubon
YMCA
Zion Lutheran Church of Lewistown
ZooMontana