Neighborhood Assistance Program (NAP) credits are an incentive for philanthropic giving for qualifying gifts to Missouri nonprofits that have been awarded an allocation of tax credits by the State of Missouri. A qualifying NAP Tax Credit gift to the Child Advocacy Center is eligible for a 50% tax credit.
Who is eligible to receive Missouri NAP Tax Credits?
Businesses, individuals who operate a sole proprietorship, operate a farm, have rental property or have royalty income are eligible, as well as a shareholder in an s-corporation, a partner in a partnership or a member of a limited liability corporation. In addition, financial institutions (banks, credit institutions, savings and loan associations, credit unions, farmer’s cooperative credit associations, building & loan associations) and insurance companies are eligible.
If you are not eligible for Missouri NAP Tax Credits, your donation to Child Advocacy Center could qualify for Missouri Champion for Children Tax Credits.
Missouri “Champion For Children” Tax Credit
The Champion for Children tax credit was named in honor of former Senator Norma Champion who introduced the original bill in 2006.
By contributing to the Child Advocacy Center, you can help fund our children’s services and receive a tax credit of up to 50 percent of your contribution.
It’s a simple process that requires a minimum donation of $100. Contact us, or talk with your tax advisor for information on utilizing the Champion for Children Tax Credit on your donation to the Child Advocacy Center.
If you have specific tax questions to determine how the Missouri NAP or Champion for Children tax credits specifically apply to you, please consult your personal accountant or tax advisor.