Neighborhood Assistance Program (NAP) tax credits allow qualified donors to maximize the impact of a donation to support the Outpatient Substance Use Disorder Program.
Qualified donors who make a donation of $1,000 or more toward Places for People’s Outpatient Substance Use Disorder Program are eligible to apply for NAP Tax Credits. Places for People’s NAP Tax Program ends June 30, 2023.
- Gift Amount: $5,000
Less 50% NAP Tax Credit -$2,500
Less 32% Federal Itemized Deduction -$1,600
Less 6% Missouri Itemized Deduction -$300
Federal tax ADD due to NAP (32%) +$800
Actual Cost of Contribution = $1,400
- Gift Amount: $10,000
Less 50% NAP Tax Credit -$5,000
Less 32% Federal Itemized Deduction -$3,200
Less 6% Missouri Itemized Deduction -$600
Federal tax ADD due to NAP (32%) +$1,600
Actual Cost of Contribution = $2,800
- Gift Amount: $20,000
Less 50% NAP Tax Credit -$10,000
Less 32% Federal Itemized Deduction -$6,400
Less 6% Missouri Itemized Deduction -$1,200
Federal tax ADD due to NAP (32%) +$3,200
Actual Cost of Contribution = $5,600
- Who qualifies for NAP tax credits?
Businesses, individuals who operate a sole proprietorship, operate a farm, have rental property or have royalty income are eligible, as well as a shareholder in an S-corporation, a partner in a Partnership or a member of a Limited Liability Corporation. In addition, financial institutions (banks, credit institutions, savings and loan associations, credit unions, farmer’s cooperative credit association, building & loan associations) and insurance companies are eligible.
- Is there a minimum donation?
Places for People has set a threshold of $1,000 to apply for NAP tax credits.
- How can I make my donation?
- Make an online gift
- Mail a check, payable to Places for People, to Places for People, Attn: Development Department, 1001 Lynch Street, St. Louis, MO 63118
- Call 314-535-2310 to make a credit card donation
- Make a gift of stock or securities
Please note, a donation made from a charitable trust or family foundation will not qualify for tax credits.
Contact our Development Department for more information.