WVU at Parkersburg Foundation seeking tax deductible donations for student emergency fund

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The WVU at Parkersburg Foundation is seeking $30,000 in tax-deductible donations to provide students with emergency financial assistance.

The Foundation has been awarded $15,000 in tax credit vouchers through the Neighborhood Investment Program (NIP). These vouchers are available to individuals or businesses who donate a minimum of $500 to the Foundation’s fund which provides students with emergency financial assistance.

NIP was established by the West Virginia Legislature to increase charitable giving to local nonprofit organizations. The program allows 501(c)3 designated charitable organizations to apply for tax credit vouchers.

NIP tax credit donations help WVU Parkersburg students with one-time immediate financial needs enabling them to stay in school. Donors who contribute more than $500 to this fund receive a tax credit voucher equal to 50 percent of their donation.

In the 2016-2017 academic year, the WVU at Parkersburg Foundation helped 81 students by providing emergency funds. These students included student veterans awaiting delayed benefits, students experiencing transportation barriers, and students facing housing issues.

Approximately 40 percent of WVU Parkersburg students are working adults pursuing a certificate or degree for career advancement, and 70 percent are economically disadvantaged, qualifying for state and federal financial aid.

“When facing financial challenges, education is often sacrificed to meet the financial needs of the family,” said Foundation Executive Director Senta Goudy. “Gifts from our generous donors enable us to help these students financially so they can stay enrolled.”

For more information on how to obtain NIP credits, contact the WVU at Parkersburg Foundation at
304-424-8340.

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