Youth Opportunity Program – YOP Tax Credits

Learn more about YOP Tax Credits

collage of youth related images - Missouri youth opportunity tax credit programBoys and Girls Clubs of St. Charles County has been approved for the YOP Tax Credit Program through the Missouri Department of Economic Development

Follow this link to read the official announcement for the 2019 Award:  https://ded.mo.gov/content/ded-awards-168685-tax-credits-boys-girls-clubs-st-charles-county

What this means is that you can now qualify for a reduction of your tax liability when making a donation of $1000 or more through the Boys & Girls Clubs of St. Charles County as well as directly impact the youth in our local community.

YOP helps non-profit organizations raise private-sector funds by providing partial state tax credits to those who make contributions to approved youth development projects. Donations support programming for Academic Success and Healthy Habits at the Boys & Girls Clubs of St. Charles County.

All individuals and businesses with Missouri income tax liability are eligible YOP donors.

ELIGIBLE CONTRIBUTION TYPES

  1. Cash – including donations made by check or credit/debit; valued at face amount of check.
  2. Publicly Traded Stocks – valued between the high and low market price on the date the stock transfers from the donor into the applicant’s brokerage account; must be sold by the approved agency within 12 months of transfer; and must be sold before tax credits will be approved for the donor.

PERCENTAGE OF TAX CREDITS

  • 50% – Monetary contributions, includes stock contributions.

Download the Official Youth Opportunities Program Information from the Missouri Department of Economic Development

The minimum donation to take advantage of the tax credits is $1,000. Donations can be made by cash, credit cards, stocks, or bonds. Please consult with your professional tax adviser to see if a donation is right for you.  For more information, contact Karen Englert, Director of Resource Development, at (636)688-8553.