NAP

WHAT IS THE MISSOURI NEIGHBORHOOD ASSISTANCE PROGRAM?

Missouri Dept of Econ Devel logo

You can help people living with HIV/AIDS in the St. Louis area and reap tax benefits.

The Missouri Neighborhood Assistance Program is a program of the Missouri Department of Economic Development.

As an incentive for Missouri businesses to participate in community development, the State of Missouri offers an income tax credit for firms and qualifying individuals that make a donation to DOORWAYS. The donations must assist the nonprofit with the providing supportive services to people living w/HIV.

Cash and stock donations will be used to help people living with and affected by HIV/AIDS and will earn you a Missouri State income tax credit equal to 50% of the value of your contribution. Donors may carry the credits forward for 5 succeeding calendar or fiscal years until the credit is exhausted.

WHO QUALIFIES?

Any business conducting business in Missouri and subject to taxation under Missouri statute is eligible to apply. Some individuals also qualify. An Individual donor is generally eligible for the tax credits if he or she submits IRS forms 1040 Schedule C, 1040 Schedule E, or 1040 Schedule F, or K1 or is a partner, shareholder, or member of a business. The tax credits may be used to offset a personal return as well as for the business.

WHO BENEFITS MOST?

Anyone who is concerned about persons living with HIV/AIDS and has to make the most of their business resources. You can help others and gain benefits for yourself or your business at the same time. Ultimately, those who are living with the disease benefit the most from this opportunity.

These tax credits may be used in conjunction with your IRS tax deduction. A gift of appreciated stock is usually not subject to capital gains, resulting in even greater savings to the donor. Consult your tax advisor for full details, or call DOORWAYS for further information.

HOW TO GIVE A $10,000 GIFT TO DOORWAYS WITH
JUST $3,000 OUT-OF-POCKET

Donor’s gift of stock or cash: $10,000
Mo. Tax Credit at 50%: $5,000
Federal and Mo. tax savings for charitable gift: $2,000

Total Tax Savings/Refunds: $7,000*
Net Out-of-Pocket: $3,000

*Your tax savings/refunds may vary depending on your tax bracket.
Please consult your tax adviser.

A donation of appreciated stock avoids capital gains taxes!

Please help us take care of all those who turn to us for help, and take a tax credit for your business or personal income tax.

For more information on the Missouri Neighborhood Assistance Program, call DOORWAYS’ Development Department at 314-535-1919 ext. 2704 or email development@doorwayshousing.org.

Eligible Contributors Chart