The Kansas Department of Revenue provides an opportunity for individual
taxpayers as well as business and corporate entities that pay Kansas income
tax to benefit by supporting Seward County Community College/Area Technical
School. The donors of these funds may be awarded a tax credit equal to 54
percent of their donation upon approval by the Kansas Department of Revenue.
Seward County Community College/Area Technical School is able to benefit by
utilizing the donations for identified deferred maintenance projects. Funds
must be used for campus deferred maintenance items and cannot be used for
the purchase of property, construction of student dormitories, or
construction of athletic facilities.
The college has a number of deferred maintenance projects eligible for the
use of the funds. The contribution can be specified for use in a particular
project or the donor can request the contribution to be applied toward a
specific project, which is not on the deferred maintenance list. The
specified project can be presented to the Board of Trustees for review and
approval within the restrictions of the Department of Revenue guidelines.
The Board of Trustees has established a minimum contribution of $500 to the
college for deferred maintenance projects that would qualify for
participation in the tax credit program. The legislation provides an
opportunity for donors to participate throughout the 2011-12 school year.
Dr. Duane Dunn, SCCC/ATS president, said the college is excited that the
program to provide continued tax benefits to a donor has been extended. This
program can provide additional incentives for the donor to support SCCC/ATS.
The tax credit can be a great opportunity at a time when everyone is looking
for opportunities to reduce expenditures. ??For over 40 years SCCC/ATS has
offered a wide variety of classes and these tax credits can help the college
continue to improve its facilities. Since the merger with the Area Technical
school, the college has made a number of improvements to the technical
school site.
With a $1,000 donations, the taxpayer may be eligible to deduct a maximum of
$460 as a charitable donation on the federal return and would receive a $540
Kansas tax credit to be applied against his or her state tax liability.
Individuals, corporations, and non-profit entities are encouraged to contact
Tommy Williams, Dean of Administrative Services at Seward County Community
College/Area Technical School, 620-417-1018 or [email protected] or
their individual tax advisor for more information.