Children’s Promise Act
Change a Child’s Life While Receiving a Tax Credit
Last year the Mississippi Legislature passed “The Children’s Promise Act” which provides a dollar for dollar TAX CREDIT to individuals and companies who give to a qualified charity. Through this act, you can give to The Methodist Children’s Homes and receive your tax credit.
Tax Credits for Businesses
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Your donation to Methodist Children’s Homes can be a DOLLAR-FOR-DOLLAR TAX CREDIT up to 50% of your Mississippi state tax liability. The total funding available is $5 Million, but it its first-come-first-serve. Act now to ensure your business benefits!
Tax Credit For Individuals
When you make a cash contribution to Methodist Children’s Homes this year, your gift of up to $1000 can receive a 100% state tax credit. The full amount of your donation will be deducted from your 2019 tax liability.
MSDOR Application
Additional Information
The Methodist Children’s Homes is a Qualified Foster Care Charitable Organization (QFCCO). This designation allows your gift to be eligible for the tax credit.
We serve more than 100 foster children each year. For every dollar you donate, 86% goes towards the care of our children.
To learn more about how your gift can benefit the ministry of Methodist Children’s Homes of MS, contact: Samantha Kalahar at skalahar@mchms.org or call 601.853.5000 ext 2201.
Information shared is based on guidance from the MS Department of Revenue’s Income Tax Technical Bulletin TB 80-501-19-1. Further information can be found at www.dor.ms.gov.
