ENDOWMENTSYou can create a lasting difference in your community by making a planned gift to Habitat for Humanity of Flathead Valley 's endowment fund.
HABITAT FOR HUMANITY OF FLATHEAD VALLEY’S ENDOWMENT FUND GIVES THE GIFT OF SUSTAINABILITY AND WE WILL DO MORE THAN EVER BEFORE!
Habitat for Humanity of Flathead Valley has established an endowment fund with the Whitefish Community Foundation to help build sustainable, long term essential program funding for its mission.
Donations to Habitat’s endowment fund can be made with cash, check, appreciated securities, and from an IRA distribution. Donors can also take advantage of the Montana Charitable Endowment Tax Credit when making a gift to Habitat’s endowment. Call Linda Engh-Grady at the Whitefish Community Foundation at 406.863.1781 to donate to Habitat’s Endowment and to learn more about the Tax Credit and how it can work for you!
Originally enacted in 1997 as the Montana Income Tax Credit for Endowed Philanthropy, (now called the Qualified Endowment Credit) encourages charitable giving to qualified endowments by offering incentives to Montana taxpayers. It expires December 31, 2026.
HOW IT WORKS
The Montana Qualified Endowment Credit allows donors to pay less in Montana state income taxes when they give a qualifying planned gift to a qualified Montana charitable endowment like Habitat for Humanity of Flathead Valley’s endowment fund.
An endowment is a fund held by a tax-exempt organization where the principal of the fund is not wholly expendable. Only the interest and appreciation earned in an endowment fund can be used for current operations. The Habitat endowment was established to help meet long-term housing needs/challenges in the communities we serve in Northwest Montana.