Donor Tax Incentives
GAHFH is proud to be a part of the Greeley/Weld Enterprise Zone (EZ) program. Administered by Upstate Colorado Economic Development, this program certifies and processes EZ state tax credits for contributions (over $100.00) to approved, non-profit agencies/projects that play a role in implementing the Greeley/Weld economic development plan. Through this program, donors are eligible for a 25% credit on Colorado State Income Tax. Thus, donors who give through this program are entitled to the usual federal tax benefits as well as a state tax incentive. Below are some examples of how tax incentives might work at various levels of giving.
| Contribution Amount | $100 | $1,000 | $30,000 | $70,000 |
| 25% State Income Tax Credit Earned |
$25 | $250 | $7,500 | $17,500 |
| 5% Net Tax Contribution Dedication |
$5 | $50 | $1,500 | $3,500 |
| 28% Net Federal Tax Contribution Deduction |
$28 | $280 | $8,400 | $19,600 |
| Total Net Credit to Contributor |
$58 | $580 | $17,400 | $40,600 |
| Total net Cost to Contributor |
$42 | $420 | $12,600 | $29,400 |
The Enterprise Zone also accepts In-Kind contributions for approved non-profit agencies. However, the process for these types of donations is slightly different. Approved In-Kind contributions with a value of $1,000 or more may be eligible for a 12.5% state tax credit. For specific information about making In-Kind gifts please contact GAHFH at (970) 351-6766 or the EZ office at (970) 356-4565.