mqt annual report--updated
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Mr. and Ms. George Blake<br />
Mr. and Mrs. Timothy D. Bredahl<br />
Mrs. Jean E. Carlson<br />
Ms. Vivian Carlson<br />
Ms. Catherine Carole<br />
Mr. Peter J. Christopherson<br />
Mr. and Mrs. Charles Coffey<br />
Mr. and Mrs. W.L. Cohodas<br />
Mr. and Mrs. James B. DeVold<br />
Ms. Darla Dompierre<br />
Mr. David A. Dziadula and Ms. Margaret J.<br />
Cavallo-Dziadula<br />
Mr. Gary Ebrecht and Ms. Luanne Peterson<br />
Isabel Edgell<br />
Ms Joyce H. Emmons<br />
Mr. and Mrs. George S. Esber Jr.<br />
Ms. Cheryl Field<br />
Mr. and Mrs. Robert S. Foster<br />
Dr. and Mrs. Mark T. Frank D.D.S.<br />
Mr. and Mrs. Anthony D. “Gigs” Gagliardi<br />
Mr. and Mrs. Albert W. Hardin<br />
Mr. and Mrs. Kenneth Harnett<br />
Mr. and Mrs. Benjamin C. Hassenger<br />
Mr. Philip M. Hill<br />
Ms. Katherine Honkala<br />
Mr. and Mrs. M. Cameron Howes<br />
Ms. Leetha E. Irish<br />
Mr. and Mrs. Daniel R. Jahnke<br />
Mr and Mrs. Clarence D. Johnson<br />
Mr. and Mrs. David A. Karnes<br />
DONORS<br />
Mr. and Mrs. William J. L. King<br />
Mr. Frederick L. Klinger<br />
Ms. Janet Koistenen and Mr. Glen Lerlie<br />
Ms. Courtney A. Kuehl<br />
Mr. and Mrs. Mark S. Kulie<br />
Mrs. Lois F. LaBrecque<br />
Mr. Stuart Laitinen<br />
Mr. William C. Langlois<br />
Mr. and Mrs. Robert Leach<br />
Mr. Jay LeRoy<br />
Mr. and Mrs. Scott A. Lindberg<br />
Ms. Lois B. Lindquist<br />
Mr. Russell Magnaghi<br />
Mr. and Mrs, Matthew G. McCabe<br />
Ms. Renee L. Michaud<br />
Mr. Harold W. Moilanen<br />
Mr. and Mrs. Martin J. Murray<br />
Mr. and Mrs. James E. Nowell<br />
Ms. Barbara J. Nuorala<br />
Ms. Katherine C. Opat<br />
Organic Food Coop of Marquette<br />
David and Lynn Parker<br />
Mr. and Mrs. Steven E. Peffers<br />
Chaplain and Mrs. John A. Piirto<br />
Mr. Stephen Pohlman<br />
Mr. and Mrs. Dan Poirier<br />
Mr. and Mrs. Joseph A. Potvin<br />
Mr. & Mrs. Leino W. Pynnonen<br />
Dr. C.B. Rao<br />
Rehab Services Department - Marquette<br />
General Hospital<br />
Mrs. Elizabeth H. Rumely<br />
Mr. William H. Rutter<br />
Mr. and Mrs. Walter R. Scanlon, Jr.<br />
Mr. and Ms. Ken Schon<br />
Mr. and Mrs. Burns Severson<br />
Mr. Henry Sherry<br />
Ms. Diane A. Skewis and Ms. Cindra K.<br />
Quayle<br />
Mr. and Mrs. Howard C. Smith II<br />
Mr. and Ms. Donald A. Snitgen<br />
Mr. and Mrs. John R. Soderberg<br />
Mr. and Mrs. Ted Soldan<br />
Mr. and Mrs. Kalmer Stordahl<br />
Mr. and Mrs. Bernard J. Suardini<br />
Mr. Louis F. Taccolini<br />
Mr. Dennis R. Tasson<br />
Mr. and Mrs. John Trudeau<br />
University of Wisconsin - Green Bay<br />
Mr. Robert J. Vandyke<br />
Mr. and Mrs. Vincent J. Villa<br />
Dr. and Mrs. H. John Visser<br />
Ms. Helen Waisanen<br />
Mr. and Mrs. Dean L. Warlin<br />
Mr. and Mrs. Charles Weinrick<br />
Mr. and Mrs. Dennis West<br />
Mr. and Mrs. Richard J. Wiesner<br />
Mr. and Mrs. Ken A. Wills<br />
Mr. and Mrs. David J. Winslow<br />
Mr. and Ms. Jonathan Wise<br />
Mr. and Mrs. Roger W. Zappa<br />
Mr. Jack Zatirka<br />
THE TAX CREDIT THAT BUILDS<br />
MICHIGAN COMMUNITIES<br />
You can achieve your charitable goals through your Community<br />
Foundation, receive maximum federal and state charitable<br />
contribution tax incentives for gifts to a public charity, and<br />
receive the added Michigan Tax Credit. The State of Michigan<br />
has a tax credit to encourage gifts to permanent endowments of a<br />
community foundation. A 50% direct Michigan Income Tax<br />
Credit or Michigan Single Business Tax Credit applies to all<br />
endowment gifts to certified community foundations up to:<br />
rized recipients. Donations to community foundations are managed<br />
by the foundations’ governing boards according to the wishes of the<br />
donor and the established policies of the individual foundations.<br />
Most donations increase permanent endowments, whose income is<br />
used to support a wide variety of charitable, cultural, educational<br />
and community activities.<br />
$100 for an individual filing singly<br />
$200 for a married couple filing jointly<br />
$5,000 or 10% of the tax liability before credits<br />
(whichever is less for a resident estate or trust)<br />
$5,000 or 10% of the tax liability before credits<br />
(whichever is less on the Single Business Tax Return)<br />
The Community Foundation Tax Credit is separate from and not<br />
reduced by the existing credits for contributions to Michigan Public<br />
Broadcasting stations, Michigan colleges or universities, and instate<br />
public libraries, museums, municipalities, and other autho-<br />
Example<br />
Amount of Gift<br />
Michigan Tax Credit<br />
Marginal Tax Rate<br />
Federal Tax Savings<br />
Total Tax Savings<br />
Out-of-Pocket Cost<br />
Net Value to Fund<br />
Single<br />
$200<br />
$100<br />
28%<br />
$56<br />
$156<br />
$44<br />
$200<br />
Married<br />
$400<br />
$200<br />
28%<br />
$112<br />
$312<br />
$88<br />
$400
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