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Financial Contributions
Financial Contributions
Tabor counselors help thousands
of families each year overcome housing and financial difficulties.
However, we can't do it alone. Tabor relies on the generosity of
individuals, businesses, churches, foundations and other organizations
for financial support. Would you be willing to support Tabor? In
becoming a partner with Tabor in helping to rebuild lives and communities,
we will keep you informed of the outcomes from your investment.
You will receive a quarterly newsletter called Tabor Talk and after
the end of the year a comprehensive annual report describing the
outcomes of each program and stories of client successes.
Contributions can be sent to:
Tabor Community Services, Inc.
308 East King Street
P.O. Box 1676
Lancaster, PA 17608-1676
A New Way To Give
What is Electronic Fund Transfer?
Electronic Fund Transfer (EFT)
is a time-saving way for you to contribute to Tabor Community Services.
EFT is an automatic transfer program which allows you to make contributions
without writing checks. Once you authorize the transfer, your specified
contribution is electronically transferred directly from your checking
or savings account to Tabor's account on the date you set. Your
bank statement then gives you an itemized list of electronic transfers.
You may ask, "Is EFT risky?"
Electronic contributions are less risky than check contributions.
It can't be lost, stolen or destroyed in the mail, and it has an
extremely high rate of accuracy. And
you save a stamp to mail
your check!
Why contribute in this way?
This is what Tabor's first Electronic Fund Transfer participant,
Michael Sprunger has to say. "There have been missed opportunities
for me to give as I have, on occasion, forgotten to pick up and
complete donation return forms. So, when the opportunity arose to
take advantage of this new service, I jumped at it. Now, I know
that each month a small amount is taken out toward a larger pledge
I have made to Tabor. It really is a painless way to make sure that
the organization receives the funds that it needs and I can afford
to give."
For more information on Electronic
Fund Transfer, please call the Development office at 397-5182 ext.
130.
A Way for Businesses to Give
Corporate Contributions in return
for State Tax Credits
NAP (Neighborhood Assistance
Program) is a state program that offers tax credits to agencies
like Tabor. These tax credits are then issued by Tabor to corporations
like yours in return for financial contributions.
Each year Tabor is allotted
a certain amount of tax credits by the state. Tabor then raises
funds from corporations like yours to help hard-working, low-income
families purchase their first home and to help homeless families
get back into housing and begin rebuilding their lives. Corporations
receive tax credits in return for their contribution to Tabor.
NAP tax credits allow corporations
like yours to keep your tax dollars here in Lancaster County, helping
to build a better community. You can feel good that Tabor will wisely
and prudently use your tax and contributed dollars to help families
in need.
What You Save in Tax Dollars
NAP contribution credits can
be applied to the following taxes
Corporate net income tax
Capital stock
Foreign franchise tax
Bank and Trust Company shares
Mutual Thrift institutions tax
Title insurance shares tax
Gross premium tax (Insurance Companies
| A sample calculation
of stretching your contribution |
| Contribution to Tabor |
$22,000 |
| 50% PA tax credit against
any of the above taxes |
-$11,000 |
| Federal deduction |
$ 4,912*
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________ |
| Net cost to you |
$ 6,088 |
* Federal deduction may be between
15% to 39%, based on your corporate taxable income or, if you have
a Sub S Corp it would be based on your personal taxable income.
Since federal contribution deduction rates vary per corporation
type, profitability, and level of overall contributions, your tax
accountant would be the only qualified individual to accurately
estimate your federal contribution savings.
Contributions can be sent
to:
Tabor Community Services, Inc.
308 East King Street
P.O. Box 1676
Lancaster, PA 17608-1676
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