Search form

Inspire, Enable, Propel

Ways to Give

 

AGI Mission Simulation LabDonate Securely Online

For fast, secure one-time or recurring donations, we truly appreciate your online donations.

Contact us today

[email protected]
+1.719.576.8000
+1.800.691.4000

Space Foundation

4425 Arrowswest Drive

Colorado Springs, CO 80907
 
 CFC LogoColorado Gives Day Logo
 

Enterprise Zone Tax Credits for Colorado State Income Tax

The Space Foundation is an El Paso County (Colo.) Enterprise Zone project, which means your gift can provide you with state tax credits if you are a resident of Colorado.

Cash donations of $250 - $100,000 are eligible for a 25 percent Colorado state tax credit

In-kind (tangible items including stocks) donations up to $50,000 are eligible for a 12.5 percent Colorado state tax credit.

Because of legislative changes to the Colorado Enterprise Zone (EZ) tax program which became effective in 2012, the Space Foundation is required to have either your Social Security Number or your Colorado Taxpayer Account Number in order to ensure your contribution receives EZ tax credit. If the Foundation does not have a record of one of these numbers for your account when your contribution is submitted to the EZ program administrator for processing, it will result in the tax credit being denied.  Please contact Kelly Shelton, 719-576-8000 to confirm that we have your information.

How it Works

There may be a substantial tax benefit for donations made to the Space Foundation through the Enterprise Zone. The net after-tax benefit for a gift of $1,000 is $630. In this way, a gift of $1,000 costs only $370 after taxes. Specific net after-tax benefits for the same gift will differ based on your individual tax situation.  Please consult your tax or financial advisor.

How to Do It

To take advantage of an Enterprise Zone tax credit, make your donation check out to"Enterprise Zone Administrator," noting "Space Foundation" on the memo line. Mail your donation check to:

Development 
- Space Foundation

4425 Arrowswest Drive

Colorado Springs, CO 80907

If giving online, please note that your online gift is eligible for Enterprise Zone credit.  The donation will then be processed by the Space Foundation and a tax certificate will be mailed to you from the El Paso County Enterprise Zone Administrator.

For information on making any type of donation or for more information about Enterprise Zone tax credits, contact the Space Foundation Development Office via email at [email protected] or call +1.719.576.8000 or +1.800.691.4000 and ask for Kelly Shelton, Development Coordinator.

For more information, visit www.colorado.gov/revenue/tax.

Top image credit: Gift Image from asenat29 and money image from jollyuk via flickr
Live Sun Image
 
X

Share This Page

Share this page with friends and bookmark for future reference.

Facebook Share on Facebook Twitter Tweet This LinkedIn Share on LinkedIn

Additional networks and bookmarking websites:

X

Give Us Feedback

We want to hear from you! Feel free to send us your comments about this page. General feedback for the Space Foundation is also welcome.