2023 Application for Allocations to Eligible Transitional Living Home Organizations
Thanks to recent legislation, a wonderful opportunity has emerged for Hope Village for Children for 2023. We are delighted to inform you that our organization has now been designated as an “Eligible Transitional Home Organization.” This designation enables us to accept cash contributions, resulting in significant benefits for both businesses and individuals in terms of tax credits.

Mississippi businesses have the chance to contribute up to $2,500,000 to our organization, while individual Mississippi taxpayers can contribute up to $1,000,000. These contributions will not only make a tremendous difference in the lives of the children we serve but will also bring considerable financial advantages for those who contribute:

Credit can be used against:
• income tax (50% tax liability) insurance premium tax (50% of tax liability)
• insurance premium retaliatory tax (50% of tax liability)
• ad valorem tax (50% of real property tax liability)

Credit can be used against
• income tax (50% tax liability)
• ad valorem tax (50% of real property tax liability)

More information:
Business: https://www.dor.ms.gov/sites/default/files/Business/2023%20Application%20for%20Allocations%20Regarding%20ETHOs%20(Fillable)(Business%20Enterprises).pdf
Individual: https://www.dor.ms.gov/sites/default/files/Business/2023%20Application%20for%20Allocations%20Regarding%20ETHOs%20(Fillable)(Individuals).pdf

Please note that the deadline for contributing to this impactful cause is December 31, 2023. We encourage you to act promptly and make the most of this opportunity, both in terms of making a positive difference in the lives of vulnerable children and obtaining valuable tax credits. Also, there are naming opportunities for buildings on campus starting at $100k.

Children’s Promise Tax Credit
*A limited number of individual tax credits are still available for 2023

Should you require any additional information, please do not hesitate to contact our team at 601-553-8660 or cculpepper@hopevillagems.org. We sincerely appreciate your consideration of making a lasting impact on the lives of the kids at Hope Village for Children.