Tax Advantages

Federal Tax Advantages

The University of Montana Foundation is a 501(c)(3) organization. Gifts to the UM Foundation may qualify you for federal income tax charitable deductions and capital gains tax savings as allowed within the limits of the Internal Revenue Code. 

Montana State Tax Advantages

Qualified Endowment Credit

Since 1997, Montana law has provided a special tax credit for certain types of gifts to nonprofit organizations, including the University of Montana Foundation. This credit is offered to individual taxpayers, small businesses, corporations and estates, and augments the federal tax deduction.

Individuals who make a qualifying gift may claim up to $15,000 or $30,000 per couple. Business may claim a maximum of $15,000.

Please visit the Qualified Endowment Credit FAQ page for additional details on how to qualify.


For more information on federal or state tax advantages, please contact Alison Schultz, Senior Director of Planned Giving.

Alison Schultz