What We Do

Endowment Tax Credit is Good for the Lower Flathead Valley.

– 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 tax credit keeps otherwise spent federal capital gains tax dollars in Montana. A planned gift avoids federal capital gains tax which can cost taxpayers up to 20% of the gain on the sale of appreciated assets. -The endowment tax credit keeps future federal estate tax dollars in Montana. A planned gift avoids future federal estate tax dollars which can cost taxpayers up to 50% of the amount used to fund the planned gift. – The endowment tax credit saves federal income tax dollars. The endowment tax credit encourages Montanans to be generous to charities, yielding federal tax savings.

Renewed Endowment Tax Credit Encourages Sustainable Funds.

The Lower Flathead Valley Community Foundation attempts to be a proactive organization anticipating change and need. The future can be more effectively dealt with when we take action rather than “react”. Every situation doesn’t need to be a crisis, especially when it comes to finding funds to handle important community needs.

Growing Our Community The Old Fashioned Way.

Grant Application Guidelines

Grant Application Instructions