Children’s Promise Act | Methodist Children's Homes of Mississippi

Children’s Promise Act

Children’s Promise Act

Change a Child’s Life While Receiving a Tax Credit

Last year the Mississippi Legislature passed “The Children’s Promise Act” which provides a dollar for dollar TAX CREDIT to individuals and companies who give to a qualified charity. Through this act, you can give to The Methodist Children’s Homes and receive your tax credit.

Tax Credits for Businesses

Your donation to Methodist Children’s Homes can be a DOLLAR-FOR-DOLLAR TAX CREDIT up to 50% of your Mississippi state tax liability. The total funding available is $5 Million, but it its first-come-first-serve. Act now to ensure your business benefits!

Tax Credit For Individuals

When you make a cash contribution to Methodist Children’s Homes this year, your gift of up to $1000 can receive a 100% state tax credit. The full amount of your donation will be deducted from your 2019 tax liability.

MSDOR Application

To make sure your gift to Methodist Children’s Homes is eligible for the full tax credit, you must apply for certification of the credit amount with the MS Department of Revenue. Your gift will be certified within 30-days based on the funds available in the $3 million tax credit fund. You will submit your certification with your state tax return to receive your credit.
Download the application for the business tax credit.
Download the application for the individual form.

Additional Information

The Methodist Children’s Homes is a Qualified Foster Care Charitable Organization (QFCCO). This designation allows your gift to be eligible for the tax credit.

We serve more than 100 foster children each year. For every dollar you donate, 86% goes towards the care of our children.

To learn more about how your gift can benefit the ministry of Methodist Children’s Homes of MS, contact: Samantha Kalahar at skalahar@mchms.org or call 601.853.5000 ext 2201.

Information shared is based on guidance from the MS Department of Revenue’s Income Tax Technical Bulletin TB 80-501-19-1. Further information can be found at www.dor.ms.gov.

Upcoming Events

Little Light of Mine: Children’s Sabbath Offering

Tuesday, October 01, The entire month of October
Event details

Foster Care Informational Meeting

Thursday, October 17, 5:00 pm - 6:30 pm
Event details

Foster Care Informational Meeting

Tuesday, November 05, 5:00 pm - 6:30 pm
Event details


Stories

Something Positive for Cody

Something Positive for Cody

Read how Cody’s life changed once he walked through our gates.

Read Something Positive for Cody's story


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