Authorizes tax credits for certain contributions to permanent endowment funds held by qualified community foundations

HB 1181 allows Missouri taxpayers to claim a 25% tax credit for permanent donations (endowment gifts) made to qualified community foundations' permanent endowment funds. This directly affects individuals and businesses paying state income tax who contribute to these funds, which must provide grants exclusively for Missouri residents or state-based charities. Key provisions include a $100,000 annual limit per taxpayer, a $3 million cap per foundation per year, and a $5 million total annual cap for all credits, with 25% reserved for smaller donations under $25,000. The tax credit expires automatically six years after enactment unless the legislature reauthorizes it, and credits are non-refundable with no carryover.