The IDA Tax Credit
I am ready to contribute to the Oregon Individual Development Account Initiative!
Step One: Check Availability
There are funds available for an IDA Initiative Tax Credit:
$7,016,895
As of 08/21/08
Please note once fund availability reaches $500,000 we can not guarantee availability. Please contact Cynthia Winter at 503-226-3001 x101
Step Two: To contribute, download and print this donor form, complete and mail with your payment to:
Neighborhood Partnership Fund
Attn: IDA Tax Credit
1020 SW Taylor, Suite 680
Portland, OR 97205
Please note that the maximum contribution is $100,000 per tax return.
The Oregon Individual Development Account (IDA) Tax Credit program is
now accepting donations of up to $10,000 online. You may donate online
anytime between January 1 and December 1. At this time, we are not
able to accept online contributions after December 1, due to the processing times and potential of the tax credits to reach capacity after that date.
If you are interested in making your contribution with stocks or mutual funds, please download the donor form and follow the instructions on page 2. Donor forms can also be faxed to: (503) 226-3027.
Please note that we cannot accept stock or mutual fund contributions after December 20th.
You will receive a confirmation letter acknowledging your contribution in the mail within ten (10) days, along with instructions for applying the IDA tax credit to your State of Oregon taxes.
If the tax credit initiative has reached its capacity by the time we receive your contribution, your contribution will be returned to you. Tax credits can only be reserved until November 15th. If you are interested in reserving tax credits, please contact Cynthia Winter at (503) 226-3001, x 101.
