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Horizons Hampton Roads is a Virginia neighborhood assistance program (NAP) non-profit organization. NAP is a Commonwealth tax credit incentive program for eligible contributions made directly to NAP-approved non-profit organizations that help Virginians in low-income circumstances administered by the Virginia Department of Social Services and Education. What is the NAP Tax Credit?- Eligible donors will receive a tax credit of 40% of donation value per calendar year. This tax credit can be applied directly to Virginia income tax. That's a 40% savings! Who/What qualifies for NAP Tax Credit?- Individuals, married couples, and businesses paying Virginia income tax may qualify for a tax credit if its contributions adhere to the guidelines listed below. Example of how the program works- Individual makes a $1,000 cash donation to Horizons Hampton Roads. Horizons will send individual contribution notification/thank you letter with the NAP form to be signed by donor. Donor returns form to Horizons. Horizons completes form and sends to NAP office. NAP office issues $400 tax credit directly to donor via mail. For More Information, contact Horizons Hampton Roads at (757)412.0249 option 2, or consult your tax advisor for specific guidelines and limitation rules. Click here to visit NAP on the web. *Contact Horizons for a list of specific professional or contracting services that qualify
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