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CBH receives tax credits to offer
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HOISINGTON — Clara Barton Hospital Foundation will receive $140,000 in Kansas tax credits for the tax years 2012 and 2013 through the Kansas Community Service Tax Credit Program. The Foundation was notified by the Kansas Department of Commerce that its application was approved. Tax credit awards are distributed through a competitive application process.  
This year, the Kansas Department of Commerce awarded 4.13 million in Community Service Tax Credits to 27 nonprofits across the state. Clara Barton Hospital Foundation is the only Barton County nonprofit selected. Nonprofit agencies in neighboring Rush, Ellis and Rice counties also received tax credit awards.   Since 1994, the Kansas Community Service Program (CSP) has provided nonprofit organizations with this outlet to raise money for major capital campaigns.
Tax credits totaling 4.13 million are allocated to charitable organizations annually at a rate of 70 percent in rural areas and 50 percent in non-rural areas. For example, qualified donors who give $1,000 to an approved project would get a 70 percent credit against the state income tax they owe, or $700. In addition, since the Foundation is a nonprofit organization so the donation can be used as a deduction on the federal income tax, as allowed by law.  
Clara Barton Hospital Foundation is authorized to offer tax credits to donors making contributions to their approved capital fund-raising project, rural health facilities expansion. “We are thrilled to be awarded these tax credits,” said Michelle Moshier, Foundation executive director. “This will serve as a great fundraising tool while giving donors a wonderful opportunity to put their state and federal tax dollars to work right here in Hoisington, Kansas.”  To receive a tax credit, individuals or businesses can contribute $250 or more, to the Foundation.  If interested in participating in this program, please contact your tax advisor about how the tax credits can benefit you. For additional information, please call the Foundation 620-653-5012.