YOP Tax Credits

Tax Credits Available to Those who Support Variety’s Adventure Camp

Any Missouri taxpayer who donates to Variety’s Adventure Camp may receive tax credits under Missouri’s Youth Opportunity Program (YOP). A tax credit is a reduction of the taxes you owe the state of Missouri. Tax credits may be for the tax year in which the donation was made, or carried forward for five succeeding tax periods.

Variety Adventure Camp

Adventure Camp is all about making the impossible, possible. Swimming, rock climbing, bike riding and more! Open to children ages 4 - 16 with physical and mental disabilities, Variety Adventure Camp includes a two-day session in the winter and five week-long sessions in the summer. Trained counselors and medical professionals are on-site each day, as Variety places great emphasis on safety, proper equipment fit and expert instruction, all adjusted for each camper’s ability level. In 2017, a one-week Teen Camp was also added to summer, and a one-day Teen Camp was added in winter. This camp is open to those ages 15 - 20. 

Tax Credit Information

Credits are available to donors who contribute a minimum gift of $1,000 (cash, stocks/bonds) per calendar year while credits remain. Additional gifts must be made in increments of $1,000. A taxpayer may receive up to 50% in Missouri state tax credits. Any entity or individual who pays Missouri income tax and files a Schedule A for itemized deductions may receive a tax credit. This includes: individuals, partnerships, corporations, LLCs and S Corps. The illustration bellow represents a 35 percent tax bracket.

Tax Credit Illustration

Donation

$1,000

Missouri YOP Tax Credit

   -500

Missouri Tax Savings

     -60

Federal Tax Savings

   -350

Reduced state tax deduction on federal return

  +196

Total Tax Savings (Federal & Missouri)

  -714

Net Cost to Donor

  $286

As with any charitable giving, please consult with your tax advisor to determine individual tax savings.