NAP: NEIGHBORHOOD ASSISTANCE PROGRAM
As a VDSS Neighborhood Assistance Program (NAP), Beans and Rice, Inc. has received an allocation in Virginia state income tax credits for the period July 1, 2011 through June 30, 2012.
Eligible corporations and individuals making charitable contributions to Beans and Rice, Inc. may receive tax credits valued at 40% of their donation. To be eligible, the criteria below applies:
| Donor | Donation Type | Minimum Donation or Valuation |
Tax Credit Value (40% of donation) |
| Individual | Cash only | $500.00 | $200.00 |
| Business | Cash | $1,000.00 | $400.00 |
| Business | Stock | Fair Market Value | 40% |
| Business | Merchandise | IRS Standards | 40% |
| Business | Real Estate | Appraised Value | 40% |
| Business | Rent/Lease | Sq. Footage Rental | 40% |
How to receive NAP state tax credits:
- Locate and print the appropriate Contribution Notification Form (CNF) listed in the table below.
- Complete Parts I and II of the CNF and mail it with your contribution to: Beans and Rice, Inc., P.O. Box 397, Radford, VA 24143.
- Beans and Rice certifies CNF and submits it to the Virginia Department of Social Services for review and approval.
- Donor receives Tax Credit Certificate by mail from DSS in 30-45 days.
NAP Contribution Notification MS Word Forms
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| Donor Type | Form Name | Purpose | Download |
| Business | CNF-A | Business contributions of cash, merchandise, real estate, or rent/lease | CNF-A |
| Business | CNF-C | Business contributions of professional services |
CNF-C |
| Business | CNF-D | Business contributions of contracting (construction & trades) services | CNF-D |
| Individual | CNF-E | Cash contributions from individuals | CNF-E |
| Business | Services Contribution Data Sheet |
Donated business staff time for professional services |
Services Contribution Data Sheet |
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