The Indiana Housing and Community Development Authority (IHCDA) through The Neighborhood Assistance Program (NAP) of the State of Indiana has awarded The Caring Place, Inc. $19,000 in tax credits to be distributed now through June 2010. The Caring Place, a shelter and agency dedicated to the fight against domestic violence and sexual assault, is one of the 165 not-for-profits in the state to be awarded NAP credits.
The sale of these tax credits to the general public will raise funds necessary to provide shelter, one-on-one and group support for clients – connecting them to community resources including housing, employment, legal aid, and childcare.
What makes this philanthropic opportunity different than others? Some have called it “an offer you can’t refuse.” Others refer to it as being “almost too good to be true.” Regardless of the descriptions, NAP credits are providing great benefits to donors and not-for-profit organizations throughout Indiana.
The State of Indiana will “split” the cost of any gift of $100 or more made to The Caring Place. As long as the NAP credits are available, the State of Indiana will provide an income tax credit equal to 50% for every contribution (cash, check, credit card) over $100. In addition, you may also be able to claim a federal tax deduction on the full donation amount. (Consult a tax advisor for your personal tax savings.)
The steps are straightforward to make a charitable contribution AND receive the added benefit of tax savings. Make your donation now, because credits go fast! Gifts should be sent directly to The Caring Place Community Advocacy Center at 3107 Cascade Drive, Valparaiso, IN 46383. To receive additional information, contact Heather Klein, Development and Public Relations Director at 219.464.0840 ext.108.