Facing Hunger Food Bank has been awarded $44,000 in tax credits from the WV Neighborhood Investment Program. Tax credits differ from tax deductions. Individuals and businesses who contribute to NIP organizations are eligible to receive up to 50% of the contributed amount in the form of WV tax credits. Donors may utilize the the credits to reduce personal income tax , business franchise tax, and corporate net income tax. The minimum contribution is $500 for which contributor receives $250 in tax credits; for a contribution of $1000 the contributor receives $500 in tax credits and so forth. Contributions may be in the form of cash, personal property, real estate, stock, and in-kind professional services.
If interested or for further information contact Belinda Chapman
at 304-523-6029 ext. 28