INcentive
Kicking off our new year, for the first time ever our local auto dealerships are stepping up to make a BIGGER impact in Weld County.
Together, they are challenging the community to be more generous by giving $40,000 to match new United Way of Weld County donor investments as well as anyone who increases their annual donation!
50% state of colorado Tax Credit for child care quality improvement activities
Whether or not you have children, you can receive this tax credit which brings more than half of your donation back to you! Your contribution supports programs that are increasing the availability and quality of child care that allows parents to work and move their families toward financial stability. A Colorado Child Care Contribution Tax Credit donation by cash, check, credit card or direct bill allows you to take a 50% tax credit on your State of Colorado income taxes in addition to regular state and federal deductions.
- A donation of $100 or more directed to Reading Great by 8 Child Care Services is eligible for the 50% State of Colorado tax credit.
| Contribution | $250 | $500 | $1,000 | $10,000 |
| Child Care Services Tax Credit | ($125) | ($250) | ($500) | ($5,000) |
| Federal and CO Tax Savings | ($44) | ($87) | ($173) | ($1,733) |
| After tax cost of giving | $81 | $163 | $327 | $3,267 |
25% state of colorado Tax Credit for housing navigation center activities
Help Weld County households get back into housing more quickly with a Homeless Contribution Tax Credit donation. The Homeless Contribution Tax Credit (HCTC) is available to organizations and efforts that work specifically with those who are experiencing homelessness. United Way does this through the Housing Navigation Center, the goal of which is to help people get back into housing as quickly as possible and to keep it.
- A cash donation of $100 or more or in-kind donation of $5,000 or more directed to Housing Navigation Center – Weld’s Way Home is eligible for the 25% State of Colorado tax credit.
- In-kind contributions include property, services, stocks, bonds, or other intangible property. These must be evaluated by a third-party as of the date of donation.
- Amount credited to each donor cannot exceed $100,000 per year.
| Contribution | $250 | $500 | $1,000 | $10,000 |
| Homeless Contribution Tax Credit | ($62.50) | ($125) | ($250) | ($2,500) |
| Federal and CO Tax Savings | ($70) | ($139) | ($278) | ($2,785) |
| After tax cost of giving | $118 | $236 | $471 | $4,715 |
