Governor Laura Kelly has announced that $4.1 million in Community Service Program (CSP) Tax Credits have been awarded to support the fundraising efforts of 26 nonprofit organizations across Kansas. These funds will enhance local access to quality childcare, healthcare, education, arts and housing services. “These tax credits are vital to ensure our nonprofit organizations have the necessary resources to positively impact communities across Kansas,” Governor Laura Kelly said. “Community Service Program Tax Credits are a valuable tool that encourages investment and engagement in local nonprofits.” Established in 1994, CSP provides substantial tax incentives to donors. A 70 percent tax credit is available for contributions in rural communities (populations less than 15,000) and a 50 percent tax credit in larger communities. The credits are a direct deduction from the donor’s state tax obligation. Each project addresses unique community needs, from modernizing infrastructure to enhancing cultural and recreational resources. The awarded projects include initiatives such as replacing city pool facilities, expanding and renovating community libraries, historic preservation efforts, and expanding arts facilities and senior care services. Awardees were selected through a competitive, score-based process. Out of 54 applications requesting over $9.8 million in tax credits, 26 projects were chosen.
Source: KRSL Russell Radio