Save Money on Your Taxes!
ECH Every Child’s Hope is now offering
Youth Opportunity Program and
Neighborhood Assistance Program Missouri Tax Credits!
Every Child’s Hope has been awarded a grant from the Missouri Department of Economic Development enabling us to offer state tax credits to eligible donors under two different programs:
YOP: Anyone with a Missouri Tax liability making a donation of $500 or more. Gifts of Cash and Stock are eligible. This is a new grant that we were thrilled to get. Plenty of YOP credits are currently available.
NAP: Any donor with a Missouri Tax Liability related to a business income. This includes LLCs, rental property, etc. Gifts of cash or stock of $500 or more qualify for NAP. NAP credits are limited, so act soon!
How much is the tax credit worth? The tax credit is worth 50% of your YOP or NAP donation. For example, a donation of $500 would equal a $250 tax credit. Plus your regular federal and state tax deductions apply for the entire $500 donation. Credits can be carried over five years.
How do I apply? Just designate your donation of $500 or more when you mail it in as a YOP or NAP contribution.
Questions? Contact Sharon Fenoglio at 314-427-3755 or sfenoglio@echmail.org
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