Endow Maryland rewards donors who help build permanent charitable funds for local communities across the state. It offers a tax credit for gifts of at least $500 to permanent, endowed funds at qualified community foundations in Maryland. Please click here for more general information or check out these Frequently Asked Questions.
Endow Maryland provides an incentive for Marylanders to give back to their local communities in a meaningful and lasting way. It promotes charitable giving in Maryland, for Maryland. The Endow Maryland tax credit applies only to gifts of permanent, endowed funds–those that will generate many times the initial value of the gift in benefit to the community.
The Endow Maryland Tax Credit for 2018 allows Washington County residents to claim a 25% state tax credit when they create or contribute to an unrestricted community endowment fund, field of interest or designated fund at the Community Foundation of Washington County MD, Inc. Donors must contribute at least $500 to a community endowment fund or a minimum of $5,000 to create their own named endowment to support one of six areas of interest: arts and culture, historical preservation, health, education, self-sufficiency and youth/recreation or a specific nonprofit organization in Washington County, Maryland.