Dream Center NAP Tax Credits

Springfield Dream Center has been awarded Neighborhood Assistance Program (NAP) tax credits from the Missouri Department of Economic Development. These tax credits allow businesses to support the Springfield Dream Center while reducing their tax burden.

Through this NAP award, the Springfield Dream Center will be renovating our basement. NAP will cover nearly half of this million-dollar project! This renovation will allow the Dream Center to expand classroom space to better serve our RISE and DCA programs.

Donations through this opportunity will reduce your Missouri State tax liability by 50% of the donation amount (i.e. a $1,000 donation will result in your Missouri State tax liability being reduced by $500). Donations must be for the tax-year 2024 (past liabilities are not eligible) and credits may carry forward for 5 years. In addition to the Missouri tax credit, the remaining portion of your gift will qualify for charitable tax deduction.

Who Qualifies?

• Individuals operating a farm in Missouri

• Individuals operating a sole proprietorship

• Individuals with rental property in Missouri

• LLCs

• Partnerships

What do I need to do?

While we appreciate all donations, the minimum donation to claim tax credits is $1,000. To initiate, please contact the NAP Team at nap@springfielddreamcenter.com, and we’ll help you complete the required paperwork and process your donation. Gifts must be made directly and not through a third-party, such as a donor advised fund.

Questions?

For more information, contact the Dream Center NAP team at nap@springfielddreamcenter.com. Or, give us a call (417.720.1065) and ask for Kristen or Rob.