Piedmont Dispute Resolution Center

NAP Information

For 20 years, the Center has promoted peace, justice and non-violence.  Its conflict resolution, mediation and restorative justice services and trainings have helped build more peaceful families, schools and neighborhoods. PDRC’s work is vital to our community; 75% of the people we serve fall below the poverty line.
PDRC relies on volunteers and donations. Trained volunteers provide services.  Contributions help cover the costs to develop and manage the programs.   Please thoughtfully consider supporting PDRC.  Office staff will be in contact with you after the donation if you elect to use NAP credits; we will need your signature on a form that gets filed with Virginia to validate your qualifying gift.
This year, PDRC was awarded Virginia Neighborhood Assistance Program (NAP) credits. We are excited about awarding all of our credits soon so we can request more.  Here’s a quick NAP overview:  The credits are available to businesses with a minimum donation of $1,000 and to individuals with a minimum donation of $500 in cash or marketable securities.  You receive 40% of your donation as a Virginia tax credit.  This is in addition to the tax savings received for your tax charitable donation deduction!
As an example, if you are in the 25% federal tax bracket and itemize (single with taxable income between $33,950 and $82,250, or married filing jointly with taxable income between $67,900 and $137,050), the net cost to you for a $1,000 donation is $290!  Here’s how that works…

$1,000 gift x 40% tax credit = $400 credit
$1,000 x 25% federal tax rate = $250 federal tax savings
$1,000 x 6% state tax rate = $60 state tax savings
 
$1,000 - $400 credit - $250 federal tax savings - $60 state tax savings = $290
 
If you are in the 15% federal tax bracket and itemize, the net cost to you is $390.
If you are in the 35% federal tax bracket and itemize, the net cost to you is $190.
Even if you take the standard deduction, you are still eligible for the 40% credit!
Please note: Federal and State tax savings may differ based on specific tax circumstances
If you have any questions, please don’t hesitate to contact us.
540.347.6650   ♦   pdrc@verizon.net