YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Funding from the credits will be used by the Brighton-based nonprofit to assist in the construction of an art therapy center and group home at the ranch, according to a news release.
Through NAP, companies can donate money, materials, supplies, equipment, technical assistance and professional services, labor, real estate or stocks and bonds. In exchange, credits can equal up to 50 percent of the value of the contribution or up to 70 percent for projects in most rural areas. NAP tax credits can be used for income, corporate franchise, bank, insurance and express companies taxes, according to DED's Web site.
NAP credits have aided the Good Samaritan Boys Ranch myriad times in the past five years, helping the organization to construct a new dormitory, aquatics center, indoor and outdoor riding arenas, and a combined administrative building and school, the release said.
The Good Samaritan Boys Ranch, located on Highway 13 roughly 12 miles north of Springfield, provides a home and education for children who have been abandoned, abused or neglected.
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