LOWER FLATHEAD VALLEY COMMUNITY FOUNDATION
Updated 17 days ago
The Board of Directors of the Lower Flathead Valley Community Foundation is dedicated to protecting the investments of its contributors by making wise investment decisions and applying sound principles to its investment portfolio... The endowment Tax Credit helps build charitable endowment. An endowment is a permanent fund held by or for a charity whereby only the income and growth is used to carry out the charity's mission. Endowments help meet ongoing community needs. - The endowment tax credit helps "lessen the burden" of government. By strengthening endowments, charities are more capable of resolving social, educational, healthcare and cultural problems. - The Endowment tax credit can raise revenue. A philanthropy tax credit is a one time credit offered primarily for a "planned gift". A planned gift is a type of gift vehicle which often significantly increases spendable (and thus taxable) income of the taxpayer each year for the remainder of his or her lifetime. - The endowment..