Submitted
WAKEENEY - Trego Hospital Endowment Foundation, Inc. is pleased to announce they have received a $115,000 tax credit allocation in Community Service Program (CSP) Tax Credits through the Kansas Department of Commerce.
The available tax credits will be used to enhance fundraising efforts for the "TCLMH Renovation & Expansion Project."
CSP is a popular program for Kansas nonprofits and public healthcare entities taking on major capital campaigns for projects involving children and family services, non-governmental crime prevention, youth apprenticeship and youth technical training and health care.
Awarded nonprofits were chosen through a competitive application process.
State tax credits reduce the total amount of taxes owed to the state. They are a way for taxpayers to substantially reduce the cost of contributing to Trego County through Trego Hospital Endowment Foundation.
These are your tax dollars; let's put them to work at home for the improvements to healthcare in Trego County.
Many of the construction/building items, and improvements are necessary. Some could have been done years ago. They weren't, but will be now.
Boilers, HVAC, ventilation are all items that even specs have changed on over the years. Technology, security, and patient rooms bring us into this century and prepare us for years to come.
Making improvements to existing healthcare, also gives us the ability to improve ourselves, and tap into valuable resources.
Businesses and individuals subject to Kansas income tax are eligible to receive a tax credit through this program.
Donors giving at least $250 to Trego Hospital Endowment Foundation, Inc. "TCLMH Renovation & Expansion Project" may qualify for a (70%/50%) tax credit. For example, a donor making a $1,000 gift receives a ($700/$500) tax credit when they file their state taxes, making the net cost to the donor only ($300/$500).
“CSP amplifies the mission of awarded community service organizations and their projects by encouraging donations through the benefit of state tax credits,” said Kayla Savage, director of the Community Development Division.
“When you donate to an awarded CSP project, you have the opportunity to support a project and receive a state tax credit to reduce your taxable income.”
If you or your business are interested in donating to Trego Hospital Endowment Foundation, Inc. "TCLMH Renovation & Expansion Project," please reach out to Trego Hospital Endowment Foundation, Inc., 236 N. 6th St., WaKeeney, KS 67672 or call 785-743-2070.