GCCC Awarded $150,000 in State Tax Credits
[Garden City, KS] July 14, 2022 -- Garden City Community College has been selected by Governor Laura Kelly to receive Community Service Tax Credits (CSP) in the amount of $150,000.
The program will allow the GCCC Endowment Association to sell 50% tax credits towards the Fine Arts Expansion project, an addition to the college's fine arts building to expand programs and create new gallery space and a community event center.
Community tax credits are a tool that dramatically enhances fundraising efforts, providing a 50% tax credit to qualified donors. For example, a donor making a $1,000 contribution receives a $500 tax credit when they file their state taxes, making the net cost to the donor only $500.
The GCCC Endowment Association is one of 29 Kansas non-profits from across the state selected based on a highly competitive, score-based selection process. A total of 55 agencies applied for funds.
Local donors interested in purchasing tax credits for this project should contact Scott Kedrowski at (620) 276-9572 or scott.kedrowski@gcccks.edu.
Original source can be found here
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