MISSOURI TAX CREDIT OPPORTUNITIES

Refuge and Restoration has been approved by the State of Missouri’s Missouri Development Finance Board (MDFB), to make tax credits available to eligible people and businesses in Missouri. These credits allow qualified donors to reduce their Missouri tax liability by 50% of their total contribution; download our full program overview and download our Missouri Tax Credit Donor Packet.

With recent tax reform, tax credits like these can provide a much greater after-tax benefit compared to many alternative options. See illustration below and consult your advisor.

$25,000
DONATION TO REFUGE AND RESTORATION
$12,500
50% MO STATE TAX CREDIT
$1,500
6% MO INCOME TAX REDUCTION
$4,625
37% FEDERAL TAX DEDUCTION
$6,375
ACTUAL OUT-OF-POCKET COST OF DONATION

What?

With a donation of $1,000 or more, you may be eligible to receive a 50% Missouri State Tax Credit (with at least 50% of your contribution eligible to be claimed as a deduction on your federal income tax return). Consult your tax advisor for details and exact benefits to you. The examples provided are for illustrative purposes only.

Who Qualifies?

Most people and organizations with a Missouri tax liability will find tax credits a great advantage, including:

Individuals
Corporations
Sole proprietors
S-corporations
Partnerships
Limited liability corporations

How Can I Participate?

Refuge and Restoration’s limited tax credit supply will be exhausted quickly so contact us before making your gift. If credits remain, your qualified contribution (cash/stocks/bonds) made directly to the state of Missouri will allow them to issue tax credits. It’s a very easy process we’d love to help you to work through – as you help bring this critical economic development project together!

Donation Amount $10,000 $25,000 $50,000 $100,000
Missouri Tax Credit (50% of gift) $5,000 $12,500 $25,000 $50,000
State Income Tax Deduction (6% of gift) $600 $1,500 $3,000 $6,000
Federal Income Tax Deduction (ex. 37% deduction for the amount of your gift for which no state tax credit was given) $1,850 $4,625 $9,250 $18,500
Donor Net Out-Of-Pocket Cost $2,550 $6,375 $12,750 $25,500

Support Levels

Multiplex

$ 1,000,000

Quantity of Gifts: 1

Employment Training Center

$ 500,000

Quantity of Gifts: 1

Entrepreneur Center

$ 500,000

Quantity of Gifts: 1

Early Childhood Center

$ 500,000

Quantity of Gifts: 1

Coding Classroom/Center

$ 250,000

Quantity of Gifts: 1

Education Center Playground

$ 100,000

Quantity of Gifts: 1

Library & Computer Lab

$ 100,000

Quantity of Gifts: 1

Arts & Theater Center

$ 100,000

Quantity of Gifts: 1

Media Center

$ 100,000

Quantity of Gifts: 1

Counseling Center

$ 100,000

Quantity of Gifts: 1

Community Meeting Room

$ 50,000

Quantity of Gifts: 2

Employment Training Classroom

$ 50,000

Quantity of Gifts: 3

Entrepreneur Conference Room

$ 50,000

Quantity of Gifts: 3

Early Childhood Classroom

$ 25,000

Quantity of Gifts: 6

Educational Classroom

$ 25,000

Quantity of Gifts: 4

If you are interested in donating or would like more information about the R&R project, please contact our Director of Development at (314) 608-9700 or gigi@refugeandrestoration.org