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Virginia's Neighborhood Assistance Program Credits for Individuals and Businesses

  • NAP (Neighborhood Assistance Program) is a unique program of the Commonwealth which emphasizes partnerships between the private and public sectors to assist the economically deprived. State tax credits are provided as incentives for businesses to contribute directly to approved nonprofit organizations that are designed to benefit impoverished people. Contributions may be in the form of cash, goods, stock, real estate, professional services, contracting services, and rent/lease of the participating nonprofits' facilities. In return for their contributions, businesses receive credits that may be applied against their state income tax liability.
  • To Learn More, Click Here

last update  07/18/07

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