Facing Hunger Foodbank has been awarded $25,000 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 state tax credits. Donors may use the credits to reduce personal income tax, business franchise tax, and corporate net income tax. The minimum contribution is $500 for which contributor receive $250 in tax credits; for a contribution of $1,000 a contributor receives $500 in tax credits and so forth. Contributions can be in the form of cash, personal property, real estate, stock and in-kind professional services. Those interested may contact Suzanne Brady at 304-523-6029 ext. 28.
Facing Hunger Foodbank is a 501©3 nonprofit organization affiliated with Feeding America, the nation’s largest hunger relief charity. With a network of more than 200 member agencies, the Food bank’s service spans 17 counties across West Virginia, Kentucky and Ohio.