Madison Park Development Community Investment Tax Credit Program

 

Your investment will strengthen the Roxbury community!

              

Your gift will strengthen the heart of Boston and improve the lives of local residents by:

 Creating opportunities in affordable housing
 Providing affordable access to the arts
 Developing healthier neighborhoods
 Fostering a vibrant community
 Building grassroots leaders

For a limited time, the Commonwealth of Massachusetts is offering a special tax credit to encourage increased support for community development corporations like Madison Park Development Corporation.

The Massachusetts Community Investment Tax Credit provides a 50% state tax credit for donations of $1,000 or more.  If the credit exceeds your liability, the state refunds the balance of the credit.

GIVE EARLY!  Act Now!  A donor can be an individual or corporation.

Here's an example of the annual tax savings for a $1,000 donation:
This illustration represents a 35% tax bracket.  Situations vary.  Please consult your tax advisor.

Your donation to MPDC $1,000
State Community Investment Tax Credit $500
Federal Tax Deduction (35%) $175
Total Tax Savings $675
Final Out of Pocket Donation $325

 

Make a Donation

Make your donation today!  Every contribution makes a difference.  Madison Park Development Corporation is a 501(c)(3) non-profit organization.  You may donate online or contact us to speak with someone about the Community Investment Tax Credit Program.  We hope you will make a contribution, and in turn make a difference in the lives of the Madison Park community.

For More Information

Please contact Kay Mathew at 617-849-6335 or kmathew@madison-park.org.

Additional Resources

MACDC and United Way CITC Promotional Video
Madison Park Development Corporation CITC Marketing Brochure (PDF)
Read more about how CITC works
Commonwealth of Massachusetts CITC Webpage
Federal Reserve Bank of Boston CITC Article