Salisbury, MD — Maryland residents may qualify for Endow Maryland Tax Credit Program which rewards donors who make charitable gifts to their local community foundation with a 25 percent tax credit on state taxes. Additionally, donors may also be eligible for a federal tax deduction.
In 2025, charitable gifts of $500 or more to the CFES Community Needs Endowment funds or any of the Field of Interest funds, are eligible for a state tax credit. These funds held at CFES focus on supporting the most urgent needs in the community and provide maximum flexibility for meeting those needs over time. In fiscal 2024, these funds at the Community Foundation provided more than 200 grants totaling nearly $700,000 that benefited areas such as the arts, youth services, emergency food and housing, health initiatives, the environment and more.
“Your investment in our community will make a difference now and for generations to come, addressing our region’s most pressing needs,” said Erica Joseph, CFES President. “Since Endow Maryland tax credits are limited, we urge you to call the Foundation about this opportunity or speak with your financial advisor,” she added.
The Community Foundation’s Lower Shore Scholarship Fund is another unique opportunity which qualifies donors for the Endow Maryland Tax Credit. Donors can support scholarships which help students at local colleges. Each year Wor-Wic Community College, Salisbury University, and University of Maryland Eastern Shore will receive equal grants from the Community Foundation to support students who are residents of the tri-county region. Each school will be empowered to prioritize recipient selection to meet emerging student and workforce needs.
To learn more about how you can make gifts to the Community Foundation that qualify for an Endow Maryland tax credit, visit CFES.org/endowmd or call 410-742-9911.
About the Community Foundation: As leaders, grant makers, and stewards of philanthropy, the Community Foundation of the Eastern Shore connects people who care to causes that matter for the common good of the Lower Eastern Shore. We are a 501c3 nonprofit with an inspiring history of fostering charitable endeavors and have provided $114 million in grants and scholarships to the local community since 1984. We collaborate with individuals, families, and businesses to match their charitable interests with community needs and strengthen local nonprofits through grants and resources. We are devoted to improving our regional community and believe in the power of philanthropy.
For information contact: Victoria Kent, Marketing Officer | 410-742-9911 | vkent@CFES.org
