LCNV is an approved organization under Virginia’s Neighborhood Assistance Program, meaning that business and individuals that donate cash or marketable securities may receive tax credits in Virginia equal to 40 percent of the donation. Individuals or married couples who donate a minimum of $500 to LCNV in the form of cash or marketable securities (maximum of $50,000) during the tax year will receive a 40 percent tax credit on their Virginia State Taxes. Businesses that donate a minimum of $1,000 to LCNV in cash, stock, merchandise or real estate (maximum of $437,500) during the tax year will also receive a 40 percent tax credit on their Virginia State Taxes.
Make your donation online now using our secure processing system or by mailing a check payable to "Literacy Council of Northern Virginia" and this form to 2855 Annandale Rd, Falls Church, VA 22042. You may also contact Suzie Eaton, Senior Director of Development, at 703-237-0866 x 109 or seaton@lcnv.org for more information. Please review the following fact sheets for additional information:
The Neighborhood Assistance Program is administered by the Virginia Department of Education. A similar program has been in existence since 1981 with the Virginia Department of Social Services. This is the second year that the Neighborhood Assistance Program for Education has been in existence. LCNV specially applied to be part of this program for the first time, starting on July 1, 2010, as a way to thank its loyal donors like you with a tax credit. The Neighborhood Assistance Program only accepts nonprofit organizations that provide education assistance that benefits people with incomes at or below 150 percent of the poverty level.
