509 1st Avenue South, Great Falls, MT 59401 | 406-761-5861

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NeighborWorks Endowment

A Place to Call Home Endowment

The endowment helps create a savings account that can be used to fill gaps when funding is sparse. NeighborWorks Executive Director Sheila Rice notes, "Funding goes up and funding goes down, so an endowment allows you to live through the rainy days." 

"NeighborWorks gave me the biggest gift I'd ever been given (a house) and to me it made sense just to give it back."  ~ Homeowner who willed her home back to NeighborWorks Great Falls
An endowment creates an income stream in the future that assures good work can continue, regardless of the variations of Federal and foundation funding. Certain charitable donations will qualify for the Montana endowment income tax credit and can be made in a variety of forms. All contributions quality for the Federal and State charitable income tax deduction. 

The endowment qualifies for the Montana Endowment Tax Credit. Businesses earn a 20% tax credit for their charitable cash contributions, up to a maximum credit of $10,000 per year. For individuals, the tax credit is 40% of a planned gift charitable contribution up to a maximum credit of $10,000 per year, per taxpayer. All contributions to the endowment are tax deductible for Federal Income Tax purposes. 
You can give in many ways:

  • Bequest in your will
  • Cash contribution
  • IRA beneficiary
  • Charitable gift annuity
  • Real estate gift
  • Stock gift
  • Life insurance policy beneficiary 

Make donation to the NeighborWorks Endowment today or contact NeighborWorks at 406-761-5861 for more information.

 Long-time board member, Bill Roberts,
made the launch donation to the Endowment.
             
The NeighborWorks Endowment was
started in memory of long-time board
member, Frank Shaw.