CITC: A New Opportunity to Maximize Your Donations at BNCLT

We are excited to announce that donors who give $1,000 or more to BNCLT will be eligible to receive 50% back in the form of tax credits. As of this year, BNCLT has been certified by the Massachusetts Department of Housing and Community Development to be a community partner for the Community Investment Tax Credit (CITC). CITC is a program passed by the Massachusetts legislature in 2012 as part of a larger bill to promote economic growth in the state.

Any US resident, business, or non-profit organization is eligible for the tax credit if you donate $1,000 or more. After donating, 50% of your donation amount will be subtracted from your tax bill or added to your reimbursement. If you do not file a Massachusetts tax return, you will receive a check for the value of your tax credit. BNCLT has an allocation of $75,000 tax credits for 2023 — we will assign these to donors until they run out on or before December 31, 2023.

Learn more about why BNCLT is an important organization to invest in.

Learn more about the CITC program.*

If you want to get 50% back, the first step is to donate through our CITC donation form!

*Note: BNCLT is newly certified as a CITC community partner as of 2023. If you do not see BNCLT listed on the full list of Community Investment Partner Plan Information, rest assured that our certification is confirmed!