Our Annual Fund update: Why we ask

As we near the end of the year, Read Aloud West Virginia is grateful to the many donors, friends and volunteers who support our efforts that motivate children to want to read. We cannot do it without you.

Our Annual Fund drive continues. We are trying to reach goals for next year’s work. If you have not given and are considering, please know:

1. Read Aloud has Neighborhood Investment Program tax credits available. Those credits can be used any time over the next five years, starting with the donation year. They lower a West Virginia personal income tax bill or a corporate net income tax bill by as much as half the gift amount starting with donations of at least $500. Donors may receive no more than $100,000 a year in NIP credits, and credits cannot be used to reduced a tax bill by more than half. That means a $10,000 donation would cut a tax bill by $5,000. A $500 donation would reduce a tax bill by $250.

2. What we are doing is working. First, Read Aloud focuses on motivating children to want to read, not fussing at them to read.

Continue reading “Our Annual Fund update: Why we ask”