Tax Credits are Available!

Your gift of cash or stock may be eligible for a 50% tax credit.

TouchPoint Autism Services has been approved for Youth Opportunity Program tax credits from the Missouri Department of Economic Development.  These credits are available on a first-come, first served basis until exhausted and can provide a 50% tax credit towards your Missouri tax liability.

For example:  A $1,000 gift to TouchPoint using NAP Credits

                Missouri Tax Credit (50% of gift)……..   $500
                Federal Income Tax Deduction (28%)… $280
                State Income Tax Deduction (6%)……..  $60
                Federal Tax on State Savings………   (+$140)
                Total Tax Benefits………………………   $700

Net Cost to Donor of a $1000 Gift………………..  $300

*Example is for someone in a 28% federal tax bracket.

Please consult your tax advisor to see how the tax credits will work for your specific tax situation.
Upon receipt of your cash or stock gift, TouchPoint Autism Services will provide a simple one-page application for you to complete along with instructions. We will forward your application to Missouri Department of Economic Development and a tax credit certificate will be mailed to you within 4-6 weeks. The application for tax credits must be completed and submitted within the first 12 months after the gift is made, but once awarded, you may use your tax credits anytime within five years of your donation.

Please contact Sheryl Ray, Vice President of Development, at (314) 432-6200 or sheryl.ray@touchpointautism.org if you have questions or would like additional information about state tax credits through the Missouri Youth Opportunity Program.