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.

Are DV Tax Credits Transferable?

Although some tax credits are salable, domestic violence tax credits are not – making them non-transferable.

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

Rose Brooks Center’s country of permanent establishment – United States.

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

Read more

Stock Gift Procedures

Stock gifts are an important source of support for Rose Brooks Center. Thank you for thinking of the families and pets of Rose Brooks.

To execute an electronic transfer of your stock to Rose Brooks Center, please transfer stock to the Rose Brooks Center account at Midwest Trust Company by completing a gift letter and sending it to your brokerage firm. Transfer instructions are on the letter.

:: Click here for a STOCK GIFT Sample Letter.

The date of your gift is the date that Rose Brooks Center receives the shares in its account. The value of the gift will be the average of the high and low prices on the day the gift was received into Rose Brooks Center’s account. You will receive written confirmation of the value and date of your gift for income tax purposes.

The Rose Brooks Center account information and transfer instructions are as follows:
DTC #2669

Midwest Trust Company account # 17-53429
Further Credit to Rose Brooks Center Inc 10840019409

Questions About Your Gift?

If you have questions please contact Marla Svoboda at Rose Brooks Center at 816-605-7110 or marla@rosebrooks.org.

Rose Brooks Center is strongly committed to protecting the privacy of our donors, clients, and supporters and has put into practice guidelines to ensure the safety of information you choose to share with us. We will never sell or lease your information to any outside party, and we maintain best-practice safeguards with all data relating to your identity, charitable giving, and transactions with Rose Brooks Center. 

Refund Policy
This is the Donation Refund Policy for Rose Brooks Center. Rose Brooks Center collects donations on its website to support our mission. If you believe that an error has been made in connection with your online donation, please contact katym@rosebrooks.org. We will endeavor to work with you to correct any such error, and if necessary, make any refund or correction that is appropriate. If you change your mind about donating online to Rose Brooks Center, we are happy to honor your decision as long as you request a refund (return of donation) with 5 business days of the date on which you made the contribution.
How to Contact Us
To request a refund, email katym@rosebrooks.org and every attempt will be made to refund a donation to the same account used in receipt. If you feel that we are not abiding by this privacy, you should contact us immediately via telephone at 813.605.7113 or via email at donations@rosebrooks.org.
Full Privacy and Refund Policy
PRIVACY AND REFUND POLICY

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