Applications now open for the Community Service Tax Credit Program
03/20/2020

The Kansas Department of Commerce announced today that applications are now being accepted for the Community Service Tax Credit Program (CSP).

CSP assists private nonprofit organizations and public health care entities in undertaking major capital campaigns for projects involving:

  • Children and family services

  • Non-governmental crime prevention

  • Youth apprenticeship

  • Youth technical training

  • Health care

Under this program, the state authorizes specially selected nonprofit organizations to offer tax credits to donors making contributions toward approved projects.

This year, CSP has earmarked $1 million for childcare and early childhood development projects for services to those under the age of five. The program will award $4.1 million in total tax credits.

“Community service tax credits are a powerful tool to support the quality of life in communities large and small,” Secretary of Commerce Toland said. “We are particularly pleased that by aligning CSP with Governor Kelly’s early childhood agenda, we can support Kansas non-profits who provide services to kids whose parents are needed in the workforce.”

The proposed projects should be unique or one-time in nature and create a lasting value for charitable organizations (e.g., capital campaign, major equipment purchase, major renovation, capacity building, etc.). Eligible projects must also result in the organization becoming more self-sufficient.

Applicants may request up to $250,000 in tax credits. Applicant organizations in rural areas (less than 15,000 population) are eligible for a 70 percent credit. Applicant organizations in non-rural areas are eligible for a 50 percent credit.

Applications for the Community Service Tax Credit Program will be accepted through May 31, 2020. Awards will be announced July 15.

More information on the program and application process may be found online at www.kansascommerce.gov/csp.

 


You will need to be logged in to leave a comment.

Please Login


characters left

The posting of advertisements, profanity, or personal attacks is prohibited.

Click here to review our Terms of Use.