Martinsburg, W.Va. – November 2021 – The West Virginia Neighborhood Investment Program recently announced that CASA of the Eastern Panhandle (CASA-EP) was allocated $6,000 in NIP tax credits. Qualifying gifts of $500 to $4,000 can be made to CASA-EP to earn a 50% West Virginia income tax credit for the donor.
Each year, the West Virginia Legislature sets aside $3 million in NIP tax credits to help nonprofit organizations that are serving distressed neighborhoods and at-risk populations. Donors can use the tax credits to reduce liability for West Virginia Personal Income Tax or Corporate Net Income Tax by up to 50% annually. Credits may be used over a five-year period.
Because these West Virginia NIP tax credits actually reduce your state tax liability, a $1,000 gift to CASA-EP translates into an actual $500 out-of-pocket expense—and even less if donors itemize deductions on their federal tax return. Programs supported by NIP tax credits serve low-income residents in highly distressed neighborhoods, and certain restrictions apply for contributions to be eligible.
“NIP tax credits can help CASA-EP donors and supporters make sizable gifts that will significantly impact children of this region now and forever,” says Michelle Sudduth, executive director of CASA-EP. “These NIP eligible gifts will support our organizational and programmatic growth, allowing CASA-EP to recruit and sustain volunteers who are changing the lives of the most vulnerable children in our community.”
Donors are encouraged to email Brian Truman at email@example.com for more information and to reserve NIP tax credits. Credits will be awarded on a first-come, first-served basis.
Court Appointed Special Advocates (CASA) of the Eastern Panhandle was founded in 2003 to recruit, train and support local volunteers who provide a voice for children. CASA-EP believes that every child who has experienced abuse or neglect deserves to have a dedicated advocate speaking up for their best interest in court, at school, and in our community. To accomplish this, CASA-EP educates and empowers diverse community volunteers who ensure that each child’s needs remain a priority in an overburdened child welfare system. This year, over 400 children will be served by a CASA volunteer in Jefferson, Berkeley and Morgan counties. Apply, donate, or learn more at www.mycasaep.org, call 304-263-5100, or find CASA-EP on social media.