Virginia State Income Tax Credit

Your contribution to VHCF may be eligible for Virginia’s Neighborhood Assistance Program (NAP).  NAP offers Virginia state income tax credits to individuals and eligible donors of qualified, participating organizations.  VHCF participates in the NAP program.

Eligible corporations and individuals making charitable contributions to VHCF may receive tax credits valued at 65% of their donation (see criteria below).

Donor Type Donation Type Minimum Eligible Donation Value of Tax credit (65% of donation) Maximum Donation Eligible for Tax Credit Maximum Tax credit per taxable year
Individual Cash $500 $325 $125,000 $62,500
Corporation Cash $616 $400 N/A N/A

Please Note:

  • Donations Must Be Pre-approved in order to receive NAP tax credit. Contact Kimberly Separ at (804) 525-1481 for additional information prior to making your gift.
  • All donations must be made directly to VHCF with no strings attached and without any conditions or expectations of monetary or other benefits received from VHCF.
  • Online donations are only eligible for state NAP tax credits if you donate through the VHCF website here.
    • Donating online, versus mailing your donation to VHCF, does incur a fee. As such, your NAP tax credit for online contributions will be for the total amount of your donation less 3% charged by Network for Good. Donating $1,000 via the website link will entitle you to request 65% worth of credits for $970 (the $1,000 less 3%).
    • If you would like VHCF to receive the full $1,000 donation, you will need to adjust the donation amount up by 3% (donate $1,030 – VHCF will receive $1,000 and you will be able to request a NAP tax credit of $669).
    • The minimum eligible donation value must be met after deducting the online gift processing fee in order for the donor to qualify for NAP tax credits.
  • Mail your contribution, along with a completed VHCF Donation Form, to: Virginia Health Care Foundation, 707 E. Main Street Suite 1350, Richmond, VA 23219
  • Non-cash business donations (stock, merchandise, real estate, leased space, certain professional services) must pre-approved by VHCF and be valued in accordance with NAP and IRS standards.
  • The value of NAP tax credits is computed based on 65% of all donations (up to maximum) received between either July 1 through December 30 OR January 1 through June 30 of each calendar year.

Tax Credit Application Process

1)  The Virginia Health Care Foundation (VHCF) receives your donation. The Eligible Tax Credit is valued at 65% of the donation subject to the following criteria:

  • Individual Donor – $500 minimum cash donation
  • Business Donor – $616 minimum donation

2)  VHCF sends the donor the NAP Contribution Notification Form (CNF) and other forms, if required.

3)  The donor completes Parts I & II of the CNF and other forms, if required, and returns the completed original(s) to VHCF.

4)  VHCF certifies the CNF and submits it to the Virginia Department of Social Services for review and approval.

5) The donor receives Tax Credit Certificate by mail from DSS in six to eight weeks.

Questions about the tax credit?  Contact Kimberly Separ, VHCF’s Fund Development Manager, at (804) 525-1481 or email kimberlys@vhcf.org.