Starting January 1, 2025, donors who contribute to an endowed fund at an Illinois community foundation can apply for a 25% Illinois income tax credit.
This is big news for Grundy donors who want to use their philanthropy to make a difference locally, rather than sending all of their taxes to Springfield.
This newsletter has also been sent to our Professional Advisor Network, so between all of us, we can answer your questions and help you plan your charitable giving for the next 5 years!