Neighborhood Investment Program

The Neighborhood Investment Program (NIP) is a program run by the State of West Virginia Development Office every year approved non-profits are allotted state tax credits to donors who donate $500 or more for a specific cause.  The Society’s cause this year is shelter improvements and debt reduction.

In short, when a business or individual contributes $500 or more to the Children's Home Society of West Virginia for the purpose of improving our Emergency Shelter Facilities they are eligible to receive up to 50% of the amount contributed in the form of state tax credits. These credits are in additions to any federal tax deductions.

For example, a $10,000 contribution to the Society would result in $5000 in State tax saving and a possible Federal tax savings of roughly $2800 and the cost to you could be as little as $2200.

We are all proud of the work we have done in recent years to improve our shelter facilities, but the effort has really stretched us financially.  We have two ongoing capital campaigns right now for the construction our new shelters in Huntington and Parkersburg.

The NIP program provides both an opportunity to contribute to our shelter development effort and an excellent way for you to stretch the value of their charitable contributions.  We must have your contribution by June 30, 2006 to be eligible for this years tax credits.

The NIP program is simple. Send us a contribution of at least $500 and we will send you a tax credit voucher for 50% of your contribution. You will attach the voucher to the appropriate tax form and deduct the credit from the amount of taxes due.

Please consider a donation of $500 or more today and see how beneficial the NIP program is to both of us.