As the year comes to a close, many businesses and individuals are reviewing their tax strategies. If you’re facing higher capital gains this year or changes resulting in a greater tax liability, we’d like to introduce you to a unique opportunity to reduce your tax burden while making a meaningful impact in our community.
Harmony House has been awarded Missouri State Tax Credits for 2024, allowing donors to receive a 70% tax credit for eligible donations of $100 or more. These tax credits not only provide significant financial savings but also directly support our mission to provide shelter, advocacy, and support for survivors of domestic violence.
How It Works:
Here’s an example of the impact of your donation:
- Donation Amount: $1,000
- State Tax Credit: $700 (70% of your donation)
- Net Cost to Donor (after federal/state tax deductions): Approximately $300*
Your $1,000 donation directly supports critical services for survivors while effectively costing you just $300 after the tax credit and deductions. It’s a powerful way to turn your tax dollars into positive change.
Who Benefits:
Your contribution helps fund vital programs such as emergency shelter, legal advocacy, counseling, and prevention education. Every dollar ensures that survivors have access to safety and support when they need it most.
Next Steps:
If you’d like to take advantage of this opportunity or learn more about how it can benefit your tax strategy, we’d be happy to discuss it further. To maximize your savings, consider acting before the end of the year.
For more details or to make a donation, please contact our Development Director, Amber Mueller at amberm@myharmonyhouse.org or call 417-837-7700.
Thank you for considering this impactful opportunity. Together, we can create a stronger community while helping you meet your financial goals.
*Please consult with your tax advisor to determine the exact savings based on your individual tax situation.
