Tax Credit Opportunities

A tax credit is a dollar-for-dollar reduction in taxes which can be deducted directly from the taxes you owe.  This opportunity is a popular way to support one (or more) of our organizations. To reserve your credits or if you would like more information about this tax savings opportunity, please contact Aleisha Mulnix at (314) 256-5955 or amulnix@ccstl.org.

LEARN MORE ABOUT OUR CURRENT TAX CREDITS:

Youth Opportunities Program (YOP)
  • Donor Requirements-Available to all citizens with Missouri State Tax Liability
  • 50% Tax Credit
  • Transferable
  • Carry forward 5 years
  • Each contributor is limited to $200,000 in tax credits annually.
  • Within 45 days of receipt of the tax credit application, the Department of Economic Development determines tax credit eligibility and will notify the donor directly.
  • Requires signature to be notarized
  • Download the tax credit application 
Neighborhood Assistance Program (NAP)
  • Donor Requirements-Businesses only – individuals who operate a sole proprietorship, operate a farm, have rental property or have royalty income are also eligible, as well as a shareholder in an S-corporation, a partner in a Partnership or a member of a Limited Liability Corporation.
  • 50% Tax Credit
  • Transferable
  • Carry forward 5 years
  • Within 45 days of receipt of the tax credit application, the Department of Economic Development determines tax credit eligibility and will notify the donor directly.
  • Requires signature to be notarized
  • Download the tax credit application 
Pregnancy Resource Center (PRC)
  • Donor Requirements-Available to all citizens with Missouri State Tax Liability
  • 50% Tax Credit
  • Transferable
  • Any tax credit that cannot be claimed in the tax year associated with the contribution may be carried forward and used against a taxpayer’s state tax liability for four subsequent years.
  • Donors can claim up to a $50,000 credit per tax year
  • Within 45 days of receipt of the tax credit application, the Department of Social Services determines tax credit eligibility and will notify the donor directly.
  • Download the tax credit application 
Maternity Home Center
  • Donor Requirements-Available to all citizens with Missouri State Tax Liability
  • 50% Tax Credit
  • Transferable
  • Any tax credit that cannot be claimed in the tax year associated with the contribution may be carried forward and used against a taxpayer’s state tax liability for four subsequent years.
  • Each contributor is limited to $50,000 ($25,000 in credits) annually
  • Within 45 days of receipt of the tax credit application, the Department of Social Services determines tax credit eligibility and will notify the donor directly.
  • Download the tax credit application

 


FREQUENTLY ASKED QUESTIONS:

How do tax credits work?
In addition to the federal deduction, by using the tax credit, a donor is also able to claim 50% of the donation as a state tax credit. The following is an illustration of an individual or family in the 35% tax bracket, making a $1,000 donation*:

Donation per $1,000.00 Tax Savings
Federal Tax Deduction (35%) $350.00
Missouri Tax Deduction (6%) $60.00
Tax Credit (50%) $500.00
Reduced Federal deduction
for State Tax Paid
$(175.00)
Total Tax Savings $ 735.00
Donation $1000.00
Tax Savings $ (735.00)
After Tax Cost of Contribution $ 265.00

*Please note: This is an example only; please check with your accountant to determine how this program will affect you personal tax situation.

What types of supporting documentation is required?

  • For a cash contribution, a legible receipt indicating the name and address of the organization receiving the donation including address and telephone number of the contributor; amount and date the contribution was received; and, signature of a representative of the organization receiving the contribution.
  • For a contribution made by check, a photocopy of the canceled check, front and back.
  • For a contribution made by credit card, a legible receipt indicating the name and address of the organization receiving the donation including address and telephone number of the contributor; amount and date the contribution was received; and, signature of a representative of the organization receiving the contribution. Note: Receipts should have the credit card account number blacked out.
  • For a contribution made by money order or cashiers check, a legible copy of the original document with the name and address of the organization receiving the donation; contributor’s name, address and telephone number; amount and date the contribution was received; and, signature of a representative of the of the organization receiving the donation receiving the contribution.
  • For a contribution made by stock, bonds and other marketable securities, values of contributed stocks and bonds must be determined by a reputable source (e.g., Wall Street Journal, New York Stock Exchange [NYSE], National Association of Securities Dealers Automated Quotations [NASDAQ], etc.) Required information includes the source, value and date the stock was valued and how the bond amount was determined.
  • For contributions that include a benefit to the donor, documentation will depend on how the type of contribution is made (i.e., cash, check, etc., please see above.) Additional information required includes the type of function or event from which the benefit was received, description of the benefit received (if an auction item, identify the item received), gross amount of the contribution, fair market value of the benefit and how the fair market value of the benefit was determined.

How do I start the process?
Contact Aleisha Mulnix by phone at (314) 256-5955 or email at amulnix@ccstl.org to determine which credit will work the best for you and reserve the credits.
Where do I send my donation?
Catholic Charities of St. Louis
PO Box 952393
St. Louis MO, 63195-2393

Remember to call first to reserve your credits.  If you have any questions, contact Aleisha Mulnix at amulnix@ccstl.org or (314) 256-5955

Can I support the Central Office and receive a tax credit?
No, a donation for tax credits goes directly to one of our eight organizations. Gifts to the Central Office help provide advocacy, centralized administration, accreditation, human resources, communications, quality assurance and fund development for the eight organizations that make up the Catholic Charities Federation. To make a gift to the Central Office, donate here.