For
Your Church Newsletter - by Steve Tindall
From
Lutheran Community Services April 2015
Editors: This information is prepared for church
newsletter editors, secretaries and pastors. Your help in getting the word out
is appreciated and will help LCS achieve its mission of “Sharing God’s
blessings by helping others in need.” Comments about timing or content are
welcome. Contact Steve Tindall
(stindall@lcsde.org). 302 654 8886.
Building
Almost Complete
Homelessness Prevented

Capital
Campaign Donors May Be Eligible for Tax Credit
Larger donations to the LCS Capital Campaign may be eligible
for Delaware’s Neighborhood Assistance Act Program. Under the program,
individual and business donors with an income tax liability in Delaware (and
who reside in Delaware) can get a 50% tax credit for campaign donations made
during calendar year 2015. Application should be made as soon as possible on or
after July 1, 2015. This is not a deduction but a direct credit taken off the
bottom line of your tax bill to Delaware. The NAA tax credit equals 50% of the
qualified contribution up to a maximum eligible contribution of $100,000
annually per taxpayer, resulting in a maximum annual tax credit of $50,000 per
taxpayer. The minimum contribution by an individual or family is $2,500 for a
tax credit of $1,250. The minimum contribution by a business is $10,000 for a
tax credit of $5,000. Contact Steve Tindall (302 654 8886 x105 or
stindall@lcsde.org) for assistance.