Donations not only offer
an opportunity to help our community, they also provide excellent
tax credits as well. Gifts to the Foundation qualify for Michigan
income tax credits. Individuals and businesses may reduce their
Michigan income tax or Michigan single business tax by a credit
of up to 50% of the amount contributed to a permanent endowment.
- Individuals may receive a State income tax credit of up to
$100 for a gift up to $200 on a single return.
- Couples may receive a State income tax credit of up to $200
for a gift up to $400 on a joint return.
- Corporations may receive a State income tax credit up to 5%
of the corporation’s tax liability.
The Foundation for Mott Community College is a 501(c)3 non-profit
organization established in 1986. Gifts to the Foundation are tax-deductible
to the full extent of the law.
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