ewvcf.org

  • Learn
    • Board of Directors
    • Community Foundation Staff
    • History
    • How We Invest
    • National Standards
    • Community Workshops & Nonprofit Training Programs
    • FAQs
    • Blog
    • Contact Us
  • Give
    • Become a Donor
    • NIP Tax Credits
    • Our Endowed Funds
      • Unrestricted Funds
      • Agency & Hybrid Endowed Funds
      • Designated Funds
      • Donor Advised Funds
      • Field of Interest Funds
      • EWVCF Scholarship Funds
    • Starting a Fund
    • Two Rivers Giving Circle
    • Legacy Society
    • Partners in Philanthropy
  • Receive
    • Grants
      • 2023 EWVCF Winter/Spring Grant Opportunities
      • Grantee Forms & Information
    • Scholarships
      • EWVCF Scholarship Funds
      • Scholarships with Separate Applications
      • Scholarship FAQs
  • Plan
    • Professional Advisors
    • Charitable Bequests
    • Types of Funds
  • Hampshire County Affiliate
    • Learn
      • Established Funds
      • FAQs
      • How We Invest
      • News
    • Give
    • NIP Tax Credits
    • Partners In Philanthropy
    • Grants
    • Scholarships
    • Plan
      • Legacy Society
    • NEWS
    • Events
  • Hardy County Affiliate
    • Learn
      • Established Funds
      • FAQs
      • How We Invest
    • Give
    • NIP Tax Credits
    • Partners In Philanthropy
    • Grants
    • Scholarships
    • Plan
      • Legacy Society
    • NEWS
    • Events

September 1, 2017 By EWVCF

West Virginia NIP Tax Credits Available in Eastern Panhandle

Thanks to the West Virginia Development Office Neighborhood Investment Program (NIP), the Eastern West Virginia Community Foundation is offering West Virginia residents NIP Tax Credits for qualifying gifts made to the Foundation. Because the West Virginia tax credits actually reduce your state tax liability, a $1000 gift to the Community Foundation translates into an actual $500 out of pocket expense—and even less if donors itemize deductions on their federal tax return.

“Tax credits can help donors make sizable gifts that will benefit favorite charities this year, and forever,” says Michael Whalton, executive director of the Eastern West Virginia Community Foundation. The Community Foundation works with local donors to build permanent community endowment. Funds are invested and the gains produce grants and scholarships that benefit Eastern West Virginia. The minimum gift to qualify for NIP tax credits is $500 and the maximum is $5,000.

A number of existing agency endowed funds held in the Community Foundation qualify a donor’s gift for the credit. The Eastern Panhandle CARE Fund, CCAP Loaves and Fishes, CASA of the Eastern Panhandle, Jefferson County Community Ministries, Camp Frame 4-H, Boys and Girls Club of the Eastern Panhandle, Healthy Smiles Dental Clinic, Shepherdstown Daycare Center, Junior Mentoring Program (JUMP), Shenandoah Women’s Center, Housing Action Fund, Community Networks, Inc. – Bethany House all have endowed funds which are eligible to receive gifts through the Neighborhood Investment Program.

Tax credits may also be used to set up a new, qualifying fund in the Community Foundation. Individuals or businesses interested in making an NIP eligible donation can call (304) 264-0353 to reserve credits and discuss how their gift will be used to benefit local charities.

The West Virginia Legislature sets aside $3 million annually in NIP tax credits. To participate, an organization must be a public 501(c)(3) charity and apply to the West Virginia Development Office. Donors may use the credits to reduce liability for West Virginia Personal Income Tax or Corporate Net Income Tax.

The Eastern West Virginia Community Foundation was founded in 1995 and serves Jefferson, Berkeley, Morgan, Hampshire and Hardy counties. It provides financial stewardship for more than 230 endowment funds, holds over $22 million in assets, and distributes nearly $1 million in annual grants and scholarships to local nonprofit organizations and college-bound students. For information about the Community Foundation visit www.EWVCF.org or call 304-264-0353.

 

Filed Under: Blog, Uncategorized

Recent Posts

  • EWVCF Accepting Scholarship Applications
  • 2023 EWVCF Winter/Spring Grant Opportunities
  • EWVCF Now Accepting 2023 Scholarship Applications
  • EWVCF Awards Over $160K in Youth and Education Grants to Eastern Panhandle Nonprofits and Schools
  • 27th Annual Report to the Community Now Online

Sign Up for Our Newsletter




Make a Donation

Give a gift that builds your community. Donate today:

ewvcf.org/donate

EWVCF Downloads

Policies

Privacy Policy

Financial Reports

2021 Financial Statements

2021 IRS Form 990

2020 Financial Statements

2020 IRS Form 990

2019 Financial Statements

2019 Form 990

2018 Financial Statements

2018 Form 990

2017 Financial Statements

2017 Form 990

2016 Financial Statements

2016 Form 990

2015 Financial Statements

2015 Form 990

Reports to the Community

26th Annual Report to the Community

25th Annual Report to the Community

24th Annual Report to the Community

23rd Annual Report to the Community

22nd Annual Report to the Community

21st Annual Report to the Community

2014 Report to the Community

The Community Foundation has many governing documents, including a Conflict of Interest Policy. These are available upon request.

The Community Foundation is not currently required to file a Form 990-T. However, if at some future date we are required to file one we will post it on our web site.

Contact EWVCF

Eastern West Virginia Community Foundation
229 East Martin St., Suite 4
Martinsburg, WV 25401
www.EWVCF.org
info@EWVCF.org
Join our email list
Follow us on Facebook
304.264.0353
Fax: 888.507.8375

Contact Hardy CCF

Hardy County Community Foundation
Post Office Box 1058
Moorefield, WV 26836
www.hardycountycf.org
info@hardycountycf.org
Join our email list
Follow us on Facebook
304.538.3431
Fax: 888.507.8375

Vision

Our Vision is to build vibrant communities that provide opportunities for everyone living in the Eastern Panhandle of West Virginia.

Mission

Our Mission is to inspire philanthropy, serve donors, strengthen communities, and improve the quality of life in Eastern West Virginia now and for future generations.

Values

We Value diversity, provide exceptional stewardship, and fully embrace accountability, integrity, professionalism, and transparency in everything we do.

Copyright EWVCF © 2023 · Log in