Community Investment Tax Credit Program

Community Investment Tax Credit Program

JAS has a wonderful opportunity for all donors: the Community Investment Tax Credit (CITC) program which provides a 50% refundable state tax credit to donations of $1,000 or more to JAS. Just-A-Start received a 2019 allocation of $200,000 of Community Investment Tax Credits from DHCD! So please consider participating in Just-A-Start’s CITC Program with your 2019 charitable donation.

Your donation will have a huge impact on the community improvement work that JAS does every day because for every donation over $1,000, you will receive 50% back in the form of reduced state taxes (or a refund from the state). You may also be able to take a federal deduction on your donation.

CITC benefits to donors:

  • Considerable tax savings.
  • If the tax credit exceeds your state tax liability, the state will send you a refund.
  • Individuals, foundations, corporations, and other nonprofit organizations can take advantage of the CITC.

 

For more information on the Commonwealth of Massachusetts’ CITC program please visit: http://www.macdc.org/community-investment-tax-credit or http://www.mass.gov/hed/community/funding/community-investment-tax-credit-program.html

Click here to donate now! 

For more information about JAS’s CITC program, please contact Kathleen Carney, Director of Development, at kathleencarney@justastart.org or 617-918-7558