Good news! An endowment has been established at The Greater Cincinnati Foundation (GCF) that will support Brighton Center in perpetuity. Even better, if you are a Kentucky taxpayer, your gifts (of any size!) to this fund are eligible for the Endow Kentucky Tax Credit. Interested?
The Endow Kentucky Tax Credit enables Kentucky tax-paying individuals or businesses to receive a state tax credit of up to 20% of their charitable gifts to permanent endowments at a qualified community foundation that benefit Kentucky-based nonprofits (tax credit limit: $10,000 per individual, $20,000 per married couple). This tax credit is given in addition to state and federal tax deductions and may be carried over for up to 5 years.
For 2018, $1,000,000 in tax credits will be available statewide on July 1. A short application is required. Note that tax credits will be depleted in the first week of July, so act fast on this opportunity!