Coyote Hill Approved for YOP Tax Credits to Build New Home

Coyote Hill Christian Children’s Home has been approved by the Missouri Department of Economic Development to receive $400,000 toward the Youth Opportunities Program (YOP) tax credits. Donations of $1,000 or more are eligible for a 50% tax credit. (see examples below) All donations will be used to build a new 5,500 sq. ft. home for children.

Founder and Executive Director of Coyote Hill, Larry McDaniel, shares his excitement over this news, “Daily we are turning away placement phone calls, because of the lack of space. The need to give sibling groups in foster care a safe place to live continues to grow in mid-Missouri. This newest home site looks like woolly woods today, but we’re turning it into another safe place to be a child. It will be a place for children to find refuge, while finding themselves. This is very rewarding, eternal work that we can all be a part of.”

This is the 6th Home Coyote Hill has constructed over 25 years. Each home provides up to 8 children daily with a safe and stable family environment because of Coyote Hill’s full-time, live-in Home Parents. Coyote Hill is the only licensed children’s home in the area providing the hybrid of traditional foster care and residential services.

YOP helps not-for-profit organizations raise private-sector funds by providing partial state tax credits to individuals and businesses that make contributions to approved projects. These projects develop or broaden initiatives that foster positive development for youth in our community. Click Here for the official release. 

For over 25 years, Coyote Hill Christian Children’s Home has provided professional homes of love for abused and neglected children. These homes offer long-term, stable environments for children. By utilizing licensed, professional counseling and a loving, secure and safe home environment, Coyote Hill works to break the generational cycles of abuse and neglect and to put in their place cycles of success. 

To reserve YOP Credits, or if you would like more information on the project, contact Kari Hopkins, kari@coyotehill.org or 573-874-0179.

YOP Tax Benefit Example

Donation Amount$1,000$2,500$5,000$10,000
Total Benefit to Coyote Hill$1,000$2,500$5,000$10,000
Missouri Tax Credit (50% of gift)5001,2502,5005,000
Federal Income Tax Deduction (35%)3508751,7503,500
State Income Tax Deduction (6%)60150300600
Total Savings9102,2754,5509,100
Your Out-of-Pocket Cost (estimated)$90$225$450$900
Calculated based on a Donor in the 35% tax bracket. This serves as an example only. Please consult your accountant.