Michigan Community Foundation Tax Credit

..and Its Impact on Your Gift. While the main focus for gifts to the Homer Area Community Foundation is to serve the people of our community, the State of Michigan Tax Credit recognizes the benefits of such gifts by allowing a reduction in taxes for donors. Examples...

Smile a little when you sign your Michigan Tax Return!

Uniquely, Michigan allows direct credit on your state income tax for gifts to any of the Homer Area Community Foundation's endowment funds.

The law permits you to reduce Michigan Income Tax of Single Business Tax liability by a credit of up to 50 percent of the amount contributed.

The Homer Area Community Foundation is a vehicle through which individuals, businesses, foundations and organizations are able to make gifts and bequests to benefit Homer and the surrounding area. These gifts are used to establish or add to existing funds from which grants or scholarships are made. These grants address a broad spectrum of needs in our community.