Ways to Give
For any questions about making a donation of any kind, please contact: Development@CoVillageCo.org
Our work is only possible because of the incredible generosity of our supporters. We invite you to give at a level that is meaningful to you - your donation is significant to ensuring people experiencing homelessness have safe shelter.
GIVE FOR GOOD
We know you donate because you care. But why not get some other good out of it? CVC is a tax-exempt nonprofit organization as defined by section 501(c)(3) of the Internal Revenue Code. Most all donations to CVC are tax-deductible, and you will be sent a tax receipt for use with your taxes.
Donations to CVC that are $100+, including donations that total to $100 or more by year end, are eligible for the Homeless Contribution Tax Credit. This state-created credit allows you take 25% of the contribution directly off of your state tax liability.
Giving through a Donor-Advised Fund is a great way to maximize tax benefits, and take advantage of other perks within the account.
Many companies also make matching gifts! Be sure to check with your employer to see if they will make a donation to CVC to match your own.
CVC Community Member
"Wow, I can't believe this many people actually care about me and want to help and support me. I've never had that before. I've always done things on my own."
Homeless Contribution Tax Credit (HCTC) Program
The Colorado Homeless Contribution Income Tax Credit provides a state income tax credit to Colorado taxpayers who contribute to eligible homelessness-related projects within Colorado. Created by Colorado House Bill 2022 - 1083 (HB22-1083), HCTC replaces the Enterprise Zone Tax Credit previously available.
Cash gifts of $100 or more can qualify for HCTC, including cumulative gifts that total $100 or more by the end of the tax year.
Donate Stock & Securities
Stock donations are an easy and powerful way to support CVC while still receiving a significant tax break. You won’t pay capital gains tax on the securities, and you’ll get a tax deduction for the fair market value on the date of transfer.
Please contact development@covillageco.org to begin the process of transferring stocks or securities.
Donor Advised Funds
A donor advised fund (DAF) is a type of giving program administered by a third party that provides you with the flexibility and most favorable tax benefits to easily support your favorite charities. DAFs are simple, flexible, and tax-efficient.
Retirement & IRAs
Retirement & IRAs: If you are 70 1/2 or older, you may transfer up to $100,000 per year directly from your traditional IRA to a qualified charity. If your spouse has a separate IRA, they are also eligible to make a charitable IRA rollover gift. The amount of the transfer will not be included in your taxable income, and the transferred amount counts toward the IRA’s required minimum distribution. Ask your financial advisor how to make a charitable distribution toward CVC today!
Matching Gifts
Double your gift to CVC! Many employers match donations of employees, retirees, or board members. Use our convenient Double the Donation tool to see if your employer will match your gift!
