The West Virginia Neighborhood Investment Program
Your donations to qualified nonprofit organizations can earn you tax credits.
The Neighborhood Investment Program (NIP) is a program established to increase the rate of
charitable giving to 501(c)3 nonprofit organizations in West Virginia. The NIP provides an
annual $2 million in tax credits as an incentive to stimulate and increase donations from
the business community to qualifying nonprofit organizations. A private or corporate donor
can receive tax credit in the amount of 50 percent of their qualified cash, personal
property, real estate or stock donations, up to a maximum of $100,000 in any one-year
period. These credits apply to the business franchise tax, corporate net income tax or
personal income tax payable to the state of West Virginia. Some in-kind professional
services are also eligible contributions.
For more information on the Neighborhood Investment Program, contact Stacey Holley with the West Virginia Development Office at (304) 558-2001 or toll-free at (800) 982-3386.
Sixty-seven applicants have been approved for participation in the fiscal year 2001 Neighborhood Investment Program. Participants have until June 30, 2001, to distribute their allocation of tax credits. The minimum eligible donation upon which a tax credit can be issued is $500. The maximum donation eligible for a tax credit is $200,000.
The following nonprofit organizations have been certified for participation in the 2001 Neighborhood Investment Program:
Berkeley County:
Community Networks, Inc.; Eagle's Wings Educational Girls Home; Panhandle Home Health
Cabell County:
Cabell-Huntington Coalition for the Homeless; Huntington Habitat for Humanity; Huntington
City Mission; Interfaith Volunteer Caregivers Network; Prestera Center for Mental Health
Services; Southwestern Community Action Council; St. John's House Learning and Development
Center; Tri-State Office of Juvenile Justice; Unlimited Future, Inc.; Foundation for the
Tri-State Community.
Doddridge/Ritchie Counties:
Doddridge/Ritchie County Habitat for Humanity
Fayette County:
Southern Appalachian Labor School
Greenbrier County:
Family Refuge Center
Hancock County:
CHANGE, Inc.
Harrison County:
Bi-County Nutrition Program, Inc.
Jefferson County:
The Freshwater Institute
Kanawha County:
Big Brothers/Big Sisters of Kanawha/Putnam; Charleston AIDS Network; Charleston Economic
and Community Development Corp.; Children's Home Society of WV; Community Council of the
Kanawha Valley; Community Works in WV; Covenant House; HOPE Community Development;
Religious Coalition for Community Renewal; Thomas Memorial Hospital Foundation; WV Council
of Churches; WV Health Right; Women's Health Center of WV.
Logan County:
Health Right of Logan
Marion County:
Marion County Foundation; MVA Hospice of Marion County; United Way of Marion County
Mason County:
Main Street Point Pleasant
McDowell County:
Big Creek People in Action
Mercer County:
Bluefield State College Foundation; Bluefield Union Mission (two projects); Concord
College Foundation; Faith in Action of Mercer County; South Central Educational
Development, Inc.
Mingo County:
Larry Joe Harless Community Center Foundation
Monongalia County:
Bartlett House; Mon County Habitat for Humanity; Morgantown Health Right; PACE Training
and Evaluation Center (three projects); West Virginia Family Magazine.
Nicholas County:
West Virginia Friends R Fun Foundation
Ohio County:
Northwood Health Systems; Ohio Valley Interfaith Volunteer Caregivers.
Pocahontas County:
High Rocks Educational Corp.; Pocahontas County Cooperative Corp.
Raleigh County:
Beckley Area Foundation; College of WV; Raleigh County Community Action Association
Roane County:
Roane County College Scholarship Foundation; Roane General Hospital Foundation
Wetzel/Tyler Counties:
Paden City Foundation
Wood County:
Community Resources, Inc.; Crisis Pregnancy Services; Parkersburg Area Community
Foundation; YWCA of Parkersburg