HCHI Receives Neighborhood Investment Program Grant

HCHI Receives Neighborhood Investment Program Grant

Highland-Clarksburg Hospital, Inc., your NCWV premier behavioral health hospital, recently received approval for the Neighborhood Investment Program (NIP) grant 2015-2016 year. The NIP was established by the West Virginia Legislature to increase charitable giving to local nonprofit organizations. The program allows 501(c)3 designated charitable organizations like Highland-Clarksburg Hospital to apply for tax credit vouchers. These organizations distribute the vouchers to businesses and individuals who contribute to the organization. By donating to approved NIP organizations, contributors can support their communities and earn credits to reduce certain West Virginia taxes.

The West Virginia Legislature sets aside $3 million annually in state tax credits for the NIP. To participate, a 501(c)3 charitable organization must apply to the West Virginia Development Office. Upon meeting program requirements and obtaining approval from the NIP Advisory Board, organizations are awarded tax credit vouchers. Businesses and individuals that contribute to NIP-approved organizations are eligible to receive up to 50 percent of the contributed amount in the form of state tax credits. Donors may use the credits to reduce liability for the, Corporate Net Income Tax, Business Franchise Tax, Personal Income Tax. HCHI has 10,000 tax credits to issue to those interested. The grant request for HCHI was written to enhance current programs supporting the community. Some of the programs consist of support groups, outreach education, and family-parenting classes. The funding will also support the ongoing therapeutic and recreation programs such as indoor /outdoor gardening and horticulture. For more information on how your donation could assist the programs at HCHI and also be a great benefit to you as well, call Highland-Clarksburg Hospital, Shannon Putnam, 304-969-3100 or 1-855-432-4042.

For more information about Highland-Clarksburg Hospital, visit highlandclarksburghospital.com or call 304-969-3100. Keep up-to-date with our activities and events by following our Facebook page: www.facebook.com/HighlandClarksburgHospital

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