Nonprofit organizations in Baltimore City to receive $897,000 as city and state prepare for Maryland Gives More on Tuesday
ANNAPOLIS - Governor Larry Hogan and the Maryland Department of Housing and Community Development today announced that 15 Maryland jurisdictions will receive $1.75 million in tax credits - a total of 62 awards - in fiscal year 2016 through the department's Community Investment Tax Credit Program. The tax credits provide non-profit organizations with tax incentives for individuals and businesses who donate money, goods or real property to support operational and programmatic costs associated with local community projects across the state.
"Supporting vital non-profit organizations helps keep our communities strong," Governor Hogan said. "These awards are an important tool to change Maryland for the better by helping these organizations raise capital to support their operations or capital needs."
Maryland Department of Housing and Community Development Secretary Kenneth C. Holt added, "The Community Investment Tax Credits help to bolster these organizations that are doing significant good on behalf of Marylanders and our communities."
Awardees include renovation of a program facility for individuals with developmental disabilities in Anne Arundel County, funding for life saving care for homeless children and families in Baltimore City and construction of affordable housing in the Towns of Easton, Cambridge and Hurlock in Dorchester County. The expansion of a transportable dental program for school children in Charles County, the continuation of an after school program for at-risk youth in Garrett County, and the repair and renovation of the historic Avalon Theatre in Talbot County are among the awardees also benefitting from the state's Community Investment Tax Credit Program.
The announcement comes as the Maryland Association of Nonprofit Organizations gears up for another Maryland Gives More on Dec. 1. Maryland Gives More is a statewide effort, held on #GivingTuesday, to celebrate generosity and giving back to local non-profit organizations. Donors who want to make a significant impact in their communities can earn tax incentives for their charitable contributions by donating directly online to their favorite nonprofit at GiveMaryland.org.
Through Maryland's Community Investment Tax Credit program, the department awards state income tax credits to 501(c) (3) nonprofit organizations and issues those tax credits to program/project donors. Individuals and businesses who donate $500 or more to a qualified organization's approved project can earn state tax credits equal to 50 percent of the value of the contribution, in addition to regular federal and state charitable deductions.
The Community Investment Tax Credit program has helped Maryland leverage nearly $27 million in charitable contributions to approximately 700 community projects. The program reflects the Hogan administration's commitment to changing Maryland for the better by investing in community development projects that support the local economy and enhance the quality of life for Maryland residents.
List of 2016 awardees by county:
Community Investment Tax Credit projects include education and youth services; housing and community development; job and self-sufficiency training; enhancing neighborhoods and business districts; arts, culture and historic preservation; economic development and tourism promotion; technical assistance and capacity building; and services for at-risk populations.
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The Young Men's Christian Association (YMCA) of Cumberland MD, Inc.- $25,000
Light House, Inc.: $50,000
Maryland Therapeutic Riding: $50,000
Providence Center, Inc.: $10,000
Seeds 4 Success, Inc.: $20,000
Associated Black Charities, Inc. : $50,000
B&O Railroad Museum, Inc.: $40,000
Baltimore Heritage, Inc. : $15,000
Blue Water Baltimore: $25,000
Bon Secours Baltimore Health System Foundation: $37,000
Caroline Friess Center, Inc.: $50,000
Chesapeake Center for Youth Development, Inc. : $25,000
Community Development Network of Maryland, Inc.: $15,000
Creative Alliance, Inc.: $15,000
Cristo Rey Jesuit High School: $50,000
Everyman Theatre, Inc.: $50,000
The Family Tree, Inc.: $50,000
Habitat for Humanity of the Chesapeake, Inc.: $50,000
Health Care for the Homeless: $30,000
Jubilee Baltimore, Inc.: $15,000
Junior Achievement of Central Maryland, Inc.: $25,000
Legal Aid Bureau, Inc.: $50,000
Live Baltimore Home Center, Inc.: $10,000
Manna House, Inc.: $10,000
Maryland Volunteer Lawyers Service: $20,000
The MEDA Foundation, Inc.: $15,000
The Mount Washington School PTO: $25,000
Network for Teaching Entrepreneurship, Baltimore: $20,000
Patterson Park Public Charter School, Inc.: $20,000
Second Chance, Inc.: $30,000
The SEED School of Maryland: $25,000
Society for the Preservation of Maryland Antiquities: $15,000
Southeast Community Development Corporation: $10,000
St. Ambrose Housing Aid Center, Inc.: $20,000
Stocks in the Future Foundation: $20,000
Waverly Main Street: $15,000
Dundalk Renaissance Corporation: $20,000
Maryland Food Bank: $50,000
Vehicles for Change, Inc.: $10,000
Caroline County Habitat for Humanity: $20,000
Health Partners, Inc.: $30,000
Habitat for Humanity Choptank, Inc.: $50,000
Garrett County Community Action Committee, Inc.: $20,000
Boys & Girls Clubs of Harford County: $20,000
Habitat for Humanity Susquehanna, Inc. : $25,000
Harford Family House, Inc.: $30,000
Community Action Council of Howard County: $50,000
Linwood Center, Inc.: $30,000
ewish Community Center of Greater Washington: $15,000
Jewish Social Service Agency: $33,000
Montgomery Housing Partnership, Inc.: $40,000
National Association for the Mentally Ill (NAMI), Montgomery County: $20,000
College Park City University Partnership: $20,000
The Foundation Schools: $45,000
Housing Initiative Partnership, Inc.: $25,000
World Arts Focus, Inc. - Joe's Movement Emporium: $20,000
Friends of Teackle Mansion, Inc.: $35,000
The Avalon Foundation, Inc.: $25,000
Habitat for Humanity of Wicomico County, Inc.: $50,000
Homes for America, Inc.: $5,000
Telamon Corporation: $10,000