Kansas Department of Commerce Announces $4.1 Million in Tax Credits for Community Service Projects

By Trish Svoboda

Today, Lieutenant Governor and Secretary of Commerce David Toland revealed that the Kansas Department of Commerce’s Community Service Tax Credit Program (CSP) will once again offer $4.1 million in tax credits.

CSP aids private nonprofit organizations and public healthcare entities engaged in significant capital campaigns for projects encompassing community service, such as childcare, non-governmental crime prevention, youth apprenticeship, and technical training, as well as healthcare services.

Through this initiative, the state grants nonprofit organizations the authority to provide tax credits to donors who contribute to approved projects. The selection of organizations is made via a competitive evaluation process.

Proposed projects should be unique or one-time in nature, generating continuing value for charitable organizations. Such initiatives may include a capital campaign, significant equipment acquisition, extensive renovation, capacity building, and similar endeavors.

The application period runs from March 1 to April 30, 2024. Organizations can apply for tax credits of up to $200,000. Rural applicant organizations, defined as those in areas with populations of less than 15,000, qualify for a 70 percent credit, while non-rural organizations are eligible for a 50 percent credit.

If your organization is considering applying for the CSP program, the Department of Commerce invites you to attend an introductory webinar at 1:00 p.m. on Friday, March 1st. Registration is mandatory for participation. For more information and to register, click here. For questions regarding CSP Tax Credits, visit the Commerce website here or contact Community Development Specialist Sara Bloom here or at (785) 506-9278.

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