PR Log - Habitat for Humanity offers Tax Credits for Holiday

							PR Log - Global Press Release Distribution




                       Habitat for Humanity offers Tax Credits for Holiday Donations!

       By Habitat for Humanity of Porter County, Indiana
       Dated: Dec 04, 2009

       Neighborhood Assistance Program contributions are available through Habitat of Humanity Porter
       County. For any contribution you make (in excess of $100) you receive 50% back with your indiana return,
       and if you itemize your federal, another 20+%.

       ‘Tis the season for giving, and there are many ways that you can give to help Habitat for Humanity. From
       $10 to purchase a box of nails or $35 for roof shingles, to $100 for a kitchen sink or $2000 for flooring,
       gifts in all different amounts help Habitat to build decent, affordable housing in our area.

        When planning your philanthropic gift, you may want to consider taking advantage of the Neighborhood
       Assistance Program (NAP) tax credit. Your contribution to Habitat for Humanity of Porter County of at
       least $100 enables you to receive up to 50 percent of the total contribution in tax credits (in addition to the
       $100 tax deduction you receive for the gift). Your donation will go toward our planned build projects
       throughout Porter County.

        According to the Indiana Department of Revenue:
        •A tax credit and a tax deduction both work to reduce the total amount of tax you pay.
        •Deductions reduce the amount of your income that is taxable by subtracting the amount of the donation
       from your income.
        •Once you have determined the taxable income you received for the year, you may be able to apply tax
       credits. Tax credits reduce the amount of the tax you must pay.

        The tax credits are available on a limited first-come, first-served basis. Our goal is to raise $28,000 in
       donations by December 20. Please help us achieve this target by responding today. (The deadline helps us
       to get the paperwork in to the IHCHC to get your proper tax credit, though we will accept donations at any
       time)

        We welcome and appreciate gifts of all sizes, but to qualify for NAP tax credits, gifts must be $100 or
       more. To participate in the NAP tax credit program, contact Habitat Treasurer Bob Buhle at
       BBUHLE@centier.com or at 219-755-4744, or you may mail your contribution, with “NAP” in the memo
       line of the check, to HABITAT FOR HUMANITY Porter County Indiana, P.O. Box 492, Valparaiso, IN
       46384-0492.

       ###

       About Habitat for Humanity of Porter County: Habitat for Humanity is an ecumenical Christian ministry
       dedicated to providing decent, affordable housing in Porter County. Established in 1994, HFH has
       completed 10 houses, serving 40 people in 10 families. Homes are sold to partner families at no profit and
       are financed with no-interest mortgages. HFH receives no government funds that are directly designated for
       home construction. Local residents, churches, and businesses support our work through their generous
       donations of labor, funds, and equipment. For more information, visit www.portercountyhabitat.org.

       Category            Accounting, Finance, Non Profit
       Tags                tax break, nap, habitat, giving, faith, community, fundraising, outreach, building
       Email               Click to email author
       Phone               (219) 531-0359


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PR Log - Global Press Release Distribution




Address            P.O. Box 492
                   Valparaiso, IN 46384-0492
City/Town          Valparaiso
State/Province     Indiana
Zip                46383
Country            United States




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