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Lutheran Family Services of Virginia > NAP Tax Credits

Earn tax credits for your gift – make your donation now!

Thanks to the Neighborhood Assistance Program (NAP), businesses and individuals who donate to Lutheran Family Services can receive tax credits for their contributions.

Contributions of $500 or more by individuals or married couples to qualified Virginia charitable organizations like ours are eligible for a 65% tax credit. The chart below shows the net costs of your gifts with the NAP credit and federal tax deduction if you are in the 28% tax bracket.

Tax Credit in 28% Tax Bracket

Gift Amount $500 $1,000 $5,000 $25,000
Federal Tax Deduction $140 $280 $1,400 $7,000
VA State Income Tax Credit $325 $650 $3,250 $16,250
Net Cost of Gift $35 $70 $350 $1,750

Tax credits are available on a first-come, first-served basis, so don’t delay! Your donation will be used in our Minnick Schools to provide vital services for our students. Donate today:

Call us at 1.540.774.7100 or email us at info@lfsva.org for more information.

How Does It Work for Businesses?

A business contributing directly to an approved NAP organization may receive a state tax credit for 65 percent of their total contribution. Tax credits may be available to a business making a donation of at least $616. For example: A minimum donation of $616 (x.65) would equal a $400.40 tax credit.

Please note: Lutheran Family Services received money for this year’s credits from a fund that is dedicated to improving education. If your gift qualifies for NAP credits, your donation will be used in our Minnick Schools to provide vital services. Also, each individual’s tax situation is unique; if you have any questions concerning how this credit may impact your taxes, please consult with your tax advisor.

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