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Mountwest Foundation offers state tax credits available for eligible contributions

September 10, 2013

Huntington, W.Va. - The Mountwest Community & Technical College Foundation was recently awarded $33,362 in West Virginia tax credits from the West Virginia Development Office as part of the Neighborhood Investment Program.

These state tax credits are available for scholarship gifts of $500 or more to the foundation. Businesses and individuals who contribute to the Mountwest Foundation are eligible to receive 50% of the contributed amount in the form of state tax credits. For example, a contribution of $1,000 will result in a tax credit of $500.

All funds raised will go toward providing scholarships for economically disadvantaged students in their pursuit of a certificate or associate degree at Mountwest. Of donations received as a result of tax credit incentives, 100% will go toward scholarships for low-income students. 

“We are so pleased to be able to offer this wonderful incentive to our new and current donors,” said Sheanna Spence, Director of Development. “Participating in the Neighborhood Investment Program is just one way we can thank our donors for the impact they are making in the lives of our students.”

The mission of the Mountwest Foundation is to provide financial support to Mountwest Community & Technical College that will enhance the quality of education in order to further the careers of Mountwest students. The Mountwest Foundation has participated in the Neighborhood Investment Program since 2011.

For more information or to make an eligible gift, please contact Spence at 304.710.3721 or visit www.mctc.edu/foundation.