We empower low-income multicultural individuals and families to improve their lives.
Neighborhood Assistance Program (NAP)
Youth Opportunities Program (YOP)
St. Francis Community Services is approved to offer NAP and YOP credits for 2022. Eligible donors receive a Missouri tax credit equaling either 50% or 70% of your gift to St. Francis Community Services. This credit combines with your federal and state charitable income tax deduction to lower the actual net cost of your gift to cents on the dollar.
| NAP | YOP | |
|---|---|---|
| Who | • Entity with Missouri Tax Liability • Corporations • S-Corporations • Individuals Operating a Farm in Missouri • Individuals Operating a Sole Proprietorship • Individuals with Rental Property in Missouri • LLCS • Partnerships • Express companies • Financial institutions • Insurance | • Anyone with a Missouri Tax
Liability |
| Percentage | 50% Tax Credit | 50% Tax Credit |
| Min Donation | $1,000 | $1,000 |
| Carried Forward | Next 5 Years | Next Five Years |
| Limits | Within 45 days of receipt of the tax credit application, the Department of Economic Development determines tax credit eligibility and will notify the donor directly | Each contributor is limited to $200,000 in tax credits annually. |
| Funds | NAP funds our long-term case management program, Pathways to Progress | YOP funds our youth programs. |
Example Using 32% Tax Bracket
| Your Gift | Tax Credit | Tax Savings | Actual Expense |
|---|---|---|---|
| $50,000 Gift to St. Francis Community Service | NAP/YOP (50%) | Lower Missouri Taxes paid by $25,000 (tax credit) plus federal tax savings of $8,000 (tax deduction)* | $17,000 out of pocket* |
| $15,000 Gift to St. Francis Community Service | NAP/YOP (50%) | Lower Missouri Taxes paid by $7,500 (tax credit) plus federal tax savings of $2,400 (tax deduction)* | $5,100 out of pocket* |
| $5,000 Gift to St. Francis Community Service | NAP/YOP (50%) | Lower Missouri Taxes paid by $2,500 (tax credit) plus federal tax savings of $800 (tax deduction)* | $1,700 out of pocket* |
* The above calculations are provided as examples only and do not consider all variables needed in determining the expected outcome on a particular tax return. The above calculations assume a 32% bracket (applies to the following taxable income levels: Single: $197,300 – $250,524; Married Joint: $394,600 – $501,049) and that state tax is NOT deductible when calculating federal tax because new tax laws limit the state tax deduction for most individuals. This credit may combine with your federal and state charitable income tax deduction to lower the actual net cost of your gift to cents on the dollar. Finally, the above calculations assume that an individual can, in fact, itemize deductions under the new tax laws. This is not intended to represent tax advice. Please consult your tax advisor to learn how tax credits will benefit you specifically.
The Process
- Make an eligible contribution of $1,000 or more online or direct mail to St. Francis Community Services before midnight on Dec. 31.
- Be sure to indicate your desire to apply for tax credits on your donation (check or online form memo line). We will send you an acknowledgment and brief instructions on how to fill out the tax credit application.
- Fill out the form and return the form.
- Catholic Charities will validate the application and file it with the State of Missouri.
- The State of Missouri will process your application and send you an Eligibility Certificate to include with your state tax return and form MO-TC.
Contact Brent Jackson at brentjackson@ccstl.org or 314-256-5977 to initiate your tax credit contribution to St. Francis today!
