Tax Credit Program

GROW YOUR GIFT THROUGH TAX CREDITS

With your donation to Mile High United Way, you can take advantage of tax credit programs that enable you to give more, receive something in return and possibly multiply your gift in the process.

When you give a minimum gift of $250 by check or credit card to an eligible Mile High United Way agency or project, you will receive either a 25% or 50% tax credit from the State of Colorado.

Mile High United Way Initiatives and Projects Eligible for Tax Credits
	DEZ	CCCC		DEZ	CCCC
Mile High United Way 2-1-1 Fund			Early Learning Ventures Assicance Fund
Mile High United Way Child Care Fund			Lights On After School
Denver's Road Home			Mile High United Way Bridging the Gap
Mile High United Way School Readiness Initiative			Mile High United Way Individual Development Accounts
Mile High United Way Youth Success Initative

Denver Enterprise Zone (DEZ)

Help increase the economic viability of individuals and families in metro Denver through the Denver Enterprise Zone. Direct your gift to a Denver Enterprise Zone (DEZ) project or agency, and you will be eligible for a 25% tax credit when you file your state income tax return. Your DEZ gift supports programs and services included in our Adult Self-Sufficiency Initiative. (Donors may give gifts of stock to the DEZ, but the amount of tax credit may vary.) If giving a gift of stock to the Enterprise Zone, please contact your donor relations representative at 303-433-8383.

Child Care Contribution Credit (CCCC)

2011 Changes to the Colorado Child Care Contribution Credit

Help increase the quality and availability of child care in metro Denver through the Colorado Child Care Contribution Credit (CCCC). Due to a recent change in state law, the Colorado Child Care Contribution Tax Credit will be deferred (but not eliminated) for all gifts made in calendar year 2011. Donors who make gifts to the Mile High United Way Child Care Fund and other eligible child care contributions funds and agencies during 2011 will not be able to claim the credit on their tax return until it is reinstated. The availability of the credit in calendar year 2012 will be announced by the Colorado Legislative Council at the end of December 2011. The credit will be available starting again in 2013 in a limited fashion: in calendar years 2013 and 2014, the amount of the credit that can be claimed will be 50% and 75% respectively. In 2015, the credit will return to its original form. Please contact your Donor Relations representative at 303-433-8383 for more information.

Your gift may also be matched with Federal matching funds through the Child Care and Development Fund which will bring added dollars into Colorado.

If the state determines in December 2011 that its General Fund Revenue will exceed 6% growth then the entire credit from 2012 contributions plus any accrued carry forward could be claimed in 2012. The schedule of allowable credits to be claimed in 2013, 2014 and 2015 will remain the same. Mile High United Way will monitor and report on the state’s General Fund Revenue determination.

Benefits to You		Guidelines
	Considerable tax savings.		Tax credit donations must be a minimum of $250.
	Both individuals and corporations can take advantage of tax credits.		Donations may be made by cash, check or credit card. All donations should include a pledge form showing DEZ or CCCC program or agency selection.
	Excess tax credits may be carried forward for up to five years.		Donations and pledge forms may be given to your company campaign leader or mailed to: Mile High United Way 2505 18th Street Denver, CO 80211-3939

You can increase the impact of your gift by designating to one or more of the following child care projects: Mile High United Way Child Care Fund Lights On Afterschool Early Learning Ventures Gifts to these three projects are eligible for the 50% state tax credit; plus they may also bring federal matching funds to Colorado through the Child Care and Development Fund. These extra matching federal funds will then be allocated by the state to Colorado counties, based on population/need, through the Colorado Child Care Assistance Program. This federal match is only available through Mile High United Way and is not affected by tax credit availability.

HOW TO GIVE To use your contribution to support Tax Credit qualifying agencies;
	First, choose either the Child Care Contribution Credit (CCCC)* to support School Readiness or Youth Success or Denver Enterprise Zone (DEZ) to support Adult Self-Sufficiency projects
	Second, choose a project or agency: Mile High United Way Child Care Fund or one of the projects or agencies listed on www.UnitedWayDenver.org/taxcredits/list.

(Tax Credit information update - 2011)

As with all charitable donations, please consult with your accountant or tax specialist.

Mark Taylor 303.561.2359 Mark.Taylor@UnitedWayDenver.org