Tax credits available for donations to WVU Medicine Children’s Injury Prevention and Safety Program

MORGANTOWN, W.Va. – Businesses and individuals who make a minimum donation of $500 to the WVU Medicine Children’s Injury Prevention and Safety Program can receive West Virginia Development Office Neighborhood Investment Program (NIP) tax credits for the current fiscal year.

The West Virginia Legislature established NIP in 1996 to increase charitable giving to local nonprofit organizations in order to increase the capacity of those organizations to serve low-income residents. NIP allows 501(c)3-designated charitable organizations to apply for tax credit vouchers, which are then distributed to businesses and individuals who make donations to the organizations. Donors earn credits for up to 50 percent of the contributed amount to reduce corporate net income taxes, business franchise taxes, and personal income taxes. Credits are awarded each fall and are distributed on a first come, first served basis.

The WVU Medicine Children’s Injury Prevention and Safety Program supports low-income West Virginia residents by providing families below the federal poverty level with car seats, child-proofing equipment, and other safety items and education.

This year marks the 10th year that WVU Medicine Children’s has received NIP tax credits. Businesses and individuals interested in obtaining NIP credits from WVU Medicine Children’s should contact Dee O’Palko, director of annual giving, at 304-598-4346 or opalkod@wvumedicine.org by the end of the year to ensure they receive their desired credits.

WVU Medicine Children’s – currently located on the sixth floor of J.W. Ruby Memorial Hospital, WVU Medicine’s flagship hospital – provides maternal, infant, and pediatric care for West Virginia and the surrounding region, giving care to high-risk mothers, premature infants, and children with life-threatening conditions through adolescence to adulthood. In 2020, WVU Medicine Children’s will move into a new tower and ambulatory care center to be attached to Ruby Memorial. For more information, including ways to support the $60-million capital campaign for Children’s new home, visit wvumedicine.org/childrens.