NAP Individual Donors

The Neighborhood Assistance Program offers tax credits for certain individual donations. These credits support organizations that serve communities across Virginia. 

 

Types of Donations That May Qualify 

Tax credits may be available for cash gifts and tradable stock gifts. 

Eligible donation types include: 

  • Check
  • Credit card
  • Electronic funds transfer
  • Payroll deduction

Donation Amount Requirements 

Minimum Donation 

To qualify for tax credits, a person must donate at least $500 total during one of these periods: 

  • July 1 through Dec. 31, or 
  • Jan. 1 through June 30 

Maximum Donation 

A person may donate up to $125,000 in one tax year. 
This equals a maximum of $81,250 in tax credits. 

If total donations exceed the yearly limit when combined with gifts to the Virginia Department of Social Services and the state school office, tax credits will not be issued for the excess amount. 

Forms and Tax Credit Process

Step 1: Complete the Donation Form
Step 2: Organization Review
Step 3: Review and Approve
Step 4: Tax Credit Tracking

An individual or trust donor must complete CNF-E Individual Trust

  • The donor completes Parts I and II. 
  • The completed form is sent to the Neighborhood Assistance Program organization. 

The Neighborhood Assistance Program organization: 

  • Reviews the form for accuracy 
  • Completes and signs Part III 
  • Submits the form and required documents to the Virginia Department of Social Services 
  • Review and approval may take up to eight weeks after submission. 
  • Once approved, the tax credit certificate is mailed to the donor by the organization. 

Donor information is shared with: 

  • Virginia Department of Taxation 
  • Department of Education