Community Service Tax Credit Program awards announced The Kansas Department of Commerce announced today that 25 nonprofit organizations will share $4.13 million in tax credits under the Kansas Community Service Tax Credit Program (CSP). Since 1994, CSP has helped nonprofit organizations undertake major capital fund-raising drives for various projects. “Community Service Tax Credits support the fund-raising efforts of organizations that help make Kansas a great place to live,” Kansas Commerce Secretary Pat George said. “The non-profits receiving CSP awards serve communities all across our state by providing a wide range of services that enhance the quality of life and create economic opportunity.” Projects eligible for tax credit awards include community service, crime prevention and health care. Tax credit awards are distributed through a competitive application process. Based on the scope and cost of the proposed project, applicants may request up to $250,000 in tax credits. Applicant organizations in rural areas (less than 15,000 population) are eligible for a 70 percent credit. Applicant organizations in non-rural areas are eligible for a 50 percent credit. Two area organizations received funding: Labette Health Foundation, Parsons, $150,000 Labette Health is undertaking a $5.5 million project that will allow cardiovascular patients the opportunity to remain close to home for cardiac catheterizations in the new cardiac catheterization laboratory. In addition, with this project joint replacement patients will recuperate in private rooms designed to improve orthopedic healing and reduce infection rates, among other advantages. Neosho Memorial Hospital Foundation, Chanute, $160,000 The Neosho Memorial Hospital Foundation will raise community funds for the purchase of surgical and medical equipment as a part of a larger renovation project at Neosho Memorial Regional Medical Center in Chanute.
Posted on: Tue, 15 Jul 2014 16:18:28 +0000
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