Ways to give that provide you additional tax benefits.
The Colorado Coalition for the Homeless participates in the Child Care Contribution tax credit which provides donors with a Colorado state tax credit for 50% the amount of your donation. To receive this credit please inform us that you’d like to attribute your gift to our child care programs and we will send you the necessary paperwork to claim this credit.
The Coalition also offers the Denver Enterprise Zone tax credit which is a Colorado state tax credit for 25% of your cash gift or 12.5% for gifts of stocks. Please let us know you wish to claim this credit with your contribution so we can provide the necessary paperwork for your tax return.
If you are 70½ years old or older, you may donate up to $100,000 tax-free from your IRA each year. This "Qualified Charitable Distribution" is excluded from your reportable income and avoids income and Social Security taxes. Your gift can also qualify for the Child Care Contribution Credit or the Denver Enterprise Zone tax credit. Consult your tax advisor or call us at (303) 312-9640 for more information.