Endow Mississippi, an innovative tax-credit program, offers a substantial 25% tax credit for donations made through a qualified community foundation, creating a surge of philanthropy and charitable giving across the state. The Gulf Coast Community Foundation (GCCF) is one of only seven such foundations where these donations can be made, contributing to the community development and enhancing the quality of life for Mississippi residents.
Exciting changes are on the horizon for Mississippi’s philanthropists. As of July 1, the maximum tax credit limit, currently set at $250,000, will double to an unprecedented $500,000. This significant extension will encourage larger donations and allow contributors to make a more meaningful difference in their communities, while reaping the benefits of increased tax credits.
If you’re an individual or organization interested in learning more about this program, and taking advantage of these unmatched tax benefits, you can connect with Patty Hammons at the GCCF. Reach out to Patty at phammons@mgccf.org or call 228-897-4841 to get started on your journey of making a profound impact on your community through Endow Mississippi. This change in policy could revolutionize the state’s philanthropic landscape, and you can be a part of it!