What Is NIP?

The Neighborhood Investment Program (NIP) is a tax credit program of $3 million each year, which allows 501(c)3 designated charitable organizations to apply for tax credit vouchers, which began in 1996 with $2 million. When awarded, the organization can distribute the vouchers to business and individuals who contribute a minimum of $500 to organizations, receiving up to 50% in tax credit, allowing the donor or corporation to reduce their West Virginia tax liability no more than 50%. The organizations pay a 3% fee on the donation, which offsets the administrative costs of NIP. During this time, approximately 24,500 donations from individuals and businesses have been received.  Non-profit organizations apply annually to the West Virginia Development Office (WVDO). The applicant must be registered with the Secretary of State as a 501(c)3, have a letter from the IRS stating they are non-profit, serve citizens in the state of West Virginia, have a local board, submit various financial documentation and attend a mandatory workshop to apply by June 30th each year.

The Neighborhood Investment Program (NIP) is a program overseen by the West Virginia Development Office. Each year only a few non-profit organizations, like ChildLaw Services, are allotted state tax credits that can be given to donors who contribute $500 or more for a specific cause.

COMMUNITY OUTREACH
  • Mercer County Teen Court

  • Kids Run the Nation

  • First Book

  • Girls Run the Nation

CHILDLAW'S SERVICES
  • Child Abuse and Neglect

  • Child Custody- Guardian Ad Litem

  • Child Victims of Crime

  • Adoption (Contested & Uncontested)

  • Juvenile Delinquency

  • Truancy

  • Infant Guardianship

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Princeton, WV 24740

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