We hope this message finds you well and enjoying all that summer has to offer. As you consider ways to give back to your community, we’d like to introduce (or reintroduce) you to a powerful opportunity that benefits both you and the people we serve: NAP credits.
If you’re not already familiar with the Neighborhood Assistance Program (NAP), here’s a quick overview of how it works and how your generosity can go even further.
What Are NAP Credits?
NAP credits are part of a state tax credit incentive designed to encourage charitable giving to approved nonprofit organizations, like ACTS. When you make a qualifying donation, you don’t just help fund critical programs, you also receive a state income tax credit that can significantly reduce your tax liability.
How It Works:
You donate to a NAP-approved nonprofit (ACTS qualifies!)
Donations can be in the form of cash, marketable securities, and in some cases, professional services.
You receive a tax credit.
In Virginia, the credit can be up to 65% of the donation value.
In Indiana and other states, it’s typically around 50%.
The community benefits.
ACTS uses your donation to directly support families and individuals in need through programs that address housing, food insecurity, healthcare access, education, and more.
Key Features of NAP Credits:
State Specific Benefits: The percentage of the tax credit and the eligibility rules vary by state. In Virginia, the benefits are particularly generous.
Limited Allocation: Nonprofits receive a set number of NAP credits each year. Once they’re gone, they’re gone, so early participation is encouraged.
Stackable Tax Savings: In addition to the state tax credit, your donation may qualify for a federal charitable deduction.
Carryforward Option: If your NAP credit exceeds your state tax bill for the year, you may be able to roll the credit forward to future tax years.
Why This Matters
At ACTS, we work every day to build stronger, more resilient communities. When you participate in the NAP program, you’re not just giving you’re investing in meaningful change, with a return that includes both impact and tax savings.
Whether you’re a long-time supporter or considering your first donation, NAP credits make now a great time to give.
Ready to Make a Difference?
To learn more about how to take advantage of NAP credits and support ACTS’ mission, reach out to us directly. We’re happy to guide you through the process or answer any questions you may have.
Let’s turn generosity into impact and let the tax savings follow.
Thank you for being part of a community that believes in lifting others up. Together, we’re making real change possible.
— The ACTS Team
