Tax Credit and Stock

Tax Credit and Stock

  • Tax Credits

    What is a Tax Credit?

    A tax credit is a sum subtracted from the total amount a taxpayer owes to the state. Unlike deductions and exemptions that reduce taxable income, credits directly reduce taxes owed. The value of the credits is subtracted from the total amount of owed taxes. Rose Brooks Center currently has Missouri Domestic Violence (DV) Tax Credits for up to 50% of your gift.

    Who is eligible?

    Any individual or business who pays taxes in Missouri.

    What is the minimum gift amount?

    Any gifts made to Rose Brooks Center totaling $100 or more in a calendar year.

    What if I don’t itemize my deductions?

    You do not have to itemize your deductions to use a Missouri Tax Credit.

    Is it difficult to apply?

    Applying for a Missouri DV Tax Credit only requires you to fill out less than 10 fields on the Application Form and supply proof of donation. Fill it out, sign it, mail in the original to Rose Brooks Center - and you’re done.

    What do I use for my proof of donation?

    If the donation was made by check, you must provide a copy of the front and back of the cancelled check or provide a bank statement clearly showing your name and the payment to Rose Brooks Center. If the donation was made by credit card, you must submit a copy of your credit card statement clearly showing your name and the payment to Rose Brooks Center. You may blackout other account information.

    What can tax credits be applied to?

    Income (excluding withholding tax), Corporate Franchise Tax, Bank Tax, Insurance Premium Tax, Express Companies Tax.

    Where do I send the completed application?

    Rose Brooks Center
    PO Box 320599
    Kansas City, MO 64132
    Attn: Tax Credits

    For more information, or to secure tax credit paperwork, please contact us or use the resource links below.

    :: Download the Domestic Violence Tax Credit Form for Individuals and Businesses

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  • Stock

    Save Lives - And Taxes - with Stock Gifts to Rose Brooks Center

    Giving securities with substantial unrealized capital gains provides tax benefits for you and helps make our community safer for families escaping violent homes.

    Securities given directly to Rose Brooks Center can completely eliminate capital gains tax and provide a tax deduction for the full appreciated value, not the cost, to the extent allowed by law. And you will save current income for day-to-day needs because your securities gift does not come out of daily cash flow.

    Getting Started

    Taking advantage of tax benefits offered by a securities gift to Rose Brooks Center is simple. Please notify us by email or mail of your intent to donate securities, along with the following information:

    1. Your name, address, email and phone number (this is where the acknowledgement letter will be sent)
    2. Name and ticker/cusip number of the security you plan to donate
    3. Number of shares being donated
    4. When we should expect to receive the security

    Please give the following information to your broker when donating stock to Rose Brooks Center:
    Organization Name: Rose Brooks Center, Inc.
    DTC Number: 2669
    Account: 17-53429 Midwest Trust Company
    Further Credit to Rose Brooks Center: 10840019409

    Marla Svoboda
    Rose Brooks Center
    This email address is being protected from spambots. You need JavaScript enabled to view it.

    For More Information

    As always, we suggest that you consult with your financial, tax, or legal advisor. Rose Brooks Center does not provide financial, tax, or legal advice. For more information about how your securities holdings can be used before year’s end to benefit families escaping violent homes - and yourself - please email This email address is being protected from spambots. You need JavaScript enabled to view it. or call at 816-605-7110.

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