The Endow Maryland Tax Credit Program awards Maryland State Tax Credits to eligible 501(c)(3) nonprofit Community Foundations to incentivize contributions to Qualified Permanent Endowment Funds. These funds support local projects in Priority Funding Areas including housing, economic development, arts, culture, education, and services for at-risk populations. Donors contributing $500 or more receive tax credits equal to 25% of their contribution. Annual registration is required via the DHCD Project Portal.
Open to eligible 501(c)(3) nonprofit Maryland Community Foundations compliant with National Standards for U.S. Community Foundations. Applicants must register annually via the DHCD Project Portal.