The Community Foundation of Christian, Todd and Trigg Counties, created through affiliation with The Community Foundation of Middle Tennessee, works with donors and nonprofit organizations for the benefit of the communities it serves.
A basic goal of The Foundation is to develop effective solutions to improve its communities, not simply to distribute funds. The Foundation acts as a leader, catalyst and resource for philanthropy, while local nonprofits, churches and schools benefit annually from contributions.
There are many ways to make a difference through The Community Foundation of Christian, Todd and Trigg Counties. You can create a Fund tailored to your specific interests, select the specific charitable purpose to benefit from your Fund, or advise The Foundation as to which charitable organizations should receive grants. For example, you can set up a Scholarship Fund to support your favorite university, school or pre-school; Endowment Funds can be established to benefit your church or favorite nonprofit organization. There are so many ways that individuals can make a difference, forever.
To make a gift or receive information concerning The Community Foundation of Christian, Todd and Trigg Counties, contact Chairman Mack Major at 270-886-3939 or The Community Foundation of Middle Tennessee at 888-540-5200.
Give to The Community Foundation of Christian, Todd
Advisory Board:
Mack Major, Chair
Larry Campbell
Dr. John Cotthoff
Ben Cundiff
Ben Fletcher
Mike Foster
Eston Glover, Jr.
Wendell Lynch
Fannie Louise Maddux
Wynn Radford
Betsy Shelton
William Turner
Tracey Carter Williams
Authorized by the General Assembly in 2010, the Endow Kentucky Tax Credit program offers taxpayers an opportunity to help their community and receive a tax credit toward their Kentucky Income Tax! For a contribution to endowed permanent funds at qualified community foundations, a taxpayer may receive a 20 percent income tax credit not to exceed $10,000 per donor per taxable year. $500,000 in tax credits was authorized for fiscal years 2011 and 2012.
What does it mean for us locally?
“Over the next 20 years, the Transfer of Wealth opportunity for the Pennyrile Region will be $5.46 billion. A modest 5 percent of this wealth — $273.13 million — invested in community endowments would eventually give back $13.66 million every year to economic and community development imperatives in the Region.”
To see the Transfer of Wealth opportunity broken down by county, visit the download section.
How is The Community Foundation of Christian, Todd and Trigg Counties involved?
The Community Foundation of Christian, Todd and Trigg Counties has been approved as a qualified foundation participating in the Endow Kentucky Tax Credit program. Kentucky Governor Steve Beshear has appointed Community Foundation of Christian, Todd and Trigg Counties board member Wynn Radford, III to the Endow Kentucky Commission.
How should an interested donor proceed?
To determine the impact of a tax credit, a donor should consult his/her financial advisor/accountant, or for questions regarding making a gift, a donor should contact Tracey Williams at 270-889-3239 or 888-540-5200 or twilliams@cfmt.org.
What’s the process for receiving the tax credit?
To apply, a taxpayer must file an application for preliminary authorization of the tax credit with the Department of Revenue (DOR). After review of the application, DOR issues preliminary approval and the taxpayer then has 30 days to make the contribution. Within 10 days of making the contribution, the taxpayer must send proof of the contribution to DOR, where final approval is awarded.
Instructions and an application for preliminary approval may be found online at www.revenue.ky.gov/endowedkytaxcredit.htm. For questions or more information about the Endow Kentucky Program tax credits, call 502-564-8139 or email KRC.WEBResponseEconomicDevelopmentCredits@ky.gov.
To claim the credit, the taxpayer, including an individual, partner, member or shareholder or beneficiary of an estate or trust, will be advised as to the correct attachment to their tax return.
Get more information by visiting the download section on this page.
In 2003, civic leaders and forward-thinking residents of Christian, Todd, and Trigg Counties approached The Community Foundation of Middle Tennessee with the hope of building a “charitable savings account” to benefit nonprofits in these counties and develop effective solutions to improving their community. After some discussion, the board of The Community Foundation of Middle Tennessee agreed to extend its boundaries to take these three southern Kentucky counties “under its wing.” In this cooperative venture, The Community Foundation of Christian, Todd, and Trigg Counties is an affiliate fund of The Community Foundation of Middle Tennessee.
The first grants made through The Community Foundation of Christian, Todd, and Trigg Counties helped emergency responders who coordinated the volunteers and counseled the victims of the tornadoes that ripped through Christian County in 2006.
The Community Foundation of Christian, Todd and Trigg Counties
2800 Fort Campbell Blvd.
Hopkinsville, KY 42240