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.”
The Ubl Home will be the 7th Home Coyote Hill has constructed since 1991. 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.
Since 1991, 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, firstname.lastname@example.org or 573-874-0179.
YOP Tax Benefit Example
|Total Benefit to Coyote Hill||$1,000||$2,500||$5,000||$10,000|
|Missouri Tax Credit (50% of gift)||500||1,250||2,500||5,000|
|Federal Income Tax Deduction (35%)||350||875||1,750||3,500|
|State Income Tax Deduction (6%)||60||150||300||600|
|Your Out-of-Pocket Cost (estimated)||$90||$225||$450||$900|