Get them before they’re gone! Read Aloud West Virginia has received Neighborhood Investment Program (NIP) Tax Credits to distribute to eligible donors on a first-come, first-served basis. NIP credits are administered by the state to encourage donations to local nonprofits.
For example, a donation of $1,000 qualifies for up to $500 in NIP credits off of West Virginia personal income or corporate net income taxes. That means donors can have a $1,000 impact for a bottom-line cost of only $500.
Read Aloud WV motivates West Virginia children to read for fun by putting books in their hands and trained volunteer readers in their classrooms. Research shows kids who read for pleasure become stronger readers, setting them up for long-term academic and career success. Every dollar donated to Read Aloud results in more time spent coordinating with families, schools, and volunteers to get kids the tools they need to grow their reading skills. As little as $100 can fund books for an entire classroom, while $1,100 can fund a month of Books for Babies, which gives all new parents delivering at CAMC a board book to encourage them to read to their child from birth. With low-cost, high-impact programs like these, even the minimum donation to qualify for tax credit ($500) can help hundreds of children and families.
Read Aloud has remained on mission throughout the pandemic, adapting book distributions and volunteer classroom reading efforts to meet the new conditions and needs. “We are busier than ever, and our donors make all this work possible,” says Executive Director Dawn Miller.
If you’re interested in giving early and helping Read Aloud improve the literacy climate in WV, you can:
- Mail a check to Read Aloud WV, PO Box 1784, Charleston, WV 25326 (this is preferred, as there are no fees associated with your donation and Read Aloud receives the full amount to put towards programs).
- Click the Donate button above to make a secure donation through Square.
The maximum tax credit allowed in any one year is $100,000. Donors cannot reduce their total state tax bill by more than 50%, but they have five years to use their credits. If you have any questions, contact Read Aloud headquarters at (304)345-5212.