How You Can Help
The Quaboag Valley Community Development Corporation (QVCDC), a non-profit 501 (c)(3) organization, has Community Investment Tax Credits for individual and corporate donors of amounts over $1,000. CITC-eligible donations help Quaboag Valley entrepreneurs start or expand small businesses that can create jobs, and encourage further investment in the region.
How does it work?
Individuals, non-profits, small business, and large corporations are eligible to receive a 50% state tax credit on gifts of $1,000 or more. Non-residents and donors without any state tax liability will receive a check from the state in the amount of the credit.
DONATE ON OUR WEBSITE using the donate button.
What are the benefits?
- Considerable Tax Savings
- Individuals and Corporations can take advantage of tax credit
- Excess tax credit is refundable
- Your tax dollars stay in the community
Tax Saving Example:
- $1000 Gift to the QVCDC
- $500 MA State Tax Credit
50% back to you and 100% to the Quaboag Region!