Endow Application: Application for Preliminary Authorization of the Endow Kentucky Tax Credit (2024)
Kentucky · Kentucky DOR · Used for tax years 2024
This application requests preliminary authorization of the 2024 Endow Kentucky Tax Credit. It records taxpayer information, the endowment gift and tax credit amounts, and the foundation or fund receiving the gift.
Who files this form
File this application with the Kentucky Department of Revenue if you seek preliminary authorization of an Endow Kentucky tax credit for a gift to a permanent endowment held by an approved foundation.
The foundation must be a qualified community foundation, county-specific component fund, or affiliate community foundation certified under KRS 147A.325.
What you'll need
Have the following information ready to complete the application:
- Taxpayer name, address, telephone number, email, and contact.
- Federal identification number or Social Security number, plus the Kentucky Corporation/LLET account number if applicable.
- Entity type and application submission date.
- Endowment gift amount and requested tax credit amount.
- Foundation name, federal identification number, address, telephone number, and fax number.
- Name of the permanent endowment fund or county-specific component fund receiving the gift, if applicable.
The application includes spaces for the taxpayer or authorized representative’s signature, date, printed name, and title.
How to file
Complete and sign the application, then choose one of these submission methods:
- Email: DORTaxCredits@ky.gov
- Fax: 502-564-0058
- Hand delivery: Department of Revenue, 1st floor security desk, 501 High Street, Frankfort, Kentucky. Call 502-564-8139 and ask for an employee in the Tax Credits Section.
Mailing is not recommended because the application contains time-sensitive information.
Common mistakes
- Relying on mail for this time-sensitive application. The printed instructions say mailing is not recommended. Choose email, fax, or hand delivery instead.
Questions people ask
What does this application request?
It requests preliminary authorization of an Endow Kentucky tax credit for an endowment gift to a permanent endowment held by an approved foundation.
Can the foundation receive notice of my preliminary approval?
Yes. You may request that a qualified community foundation, county-specific component fund, or affiliate community foundation receive notice. Complete the Consent to Release section with your name and the foundation or fund’s name, and sign it as the taxpayer. The written consent authorizes disclosure of your name and preliminary approval, including the credit amount.
Who can sign the application?
The application may be signed by the taxpayer or an authorized representative. The separate Consent to Release section must be signed by the taxpayer.
Where can I send questions?
Direct questions to DORTaxCredits@ky.gov.