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Increase
Giving Without Increasing Cost
You can now nearly triple your giving without
adding costs because of a special Colorado tax credit incentive.
Gifts to child care in Colorado are eligible for
a 50% state income tax credit. Qualifying programs at Arapahoe
House include:
- The Day Treatment Portion of the Arapahoe
House Adolescent Renovation Capital Campaign
- Adolescent day treatment ongoing, operational
costs
- The Learning Center at New Directions for
Families
Tax
Savings Based on a Cash Gift of $1000
(Illustration 30% Tax Bracket)
| Gift |
$1000 |
| Colorado
State Income Tax Credit |
$
500 |
| Colorado
State Income Tax Savings |
$
46 |
| Federal
Income Tax Deduction* |
$
139 |
| Returned
to YOU at Tax Time |
$
685 |
| After
Tax Cost of giving $1,000 |
is
only $ 315 |
(*Federal Tax deduction is reduced because of
the add-back effect of reduced state tax.)
To be eligible for the credit, please indicate
on your check, which of the above qualifying programs you'd like
to direct your gift toward. Individual tax benefits may vary.
As always,we recommend that you consult your personal tax advisor.
For more information on this special giving opportunity, contact the Arapahoe House Development Officer at 303.412.3713.
Return
to Opportunities for Giving
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