A credit-worthy project
Not only is Emporia State University’s Memorial Union seen as the front door for students and campus visitors. Thanks to a tax credit allocation approved by the Kansas Board of Regents this year, it’s also the source of substantial tax savings for donors to the Union’s renovation project.
Between now and the end of December, 2012, contributions to selected facets of the renovation project generate a 50-percent Kansas income tax credit.
“Put simply, every dollar you contribute results in a 50-cent reduction in your state tax bill,” explained Tim Wright (BSB ’86-Accounting), a certified public accountant with Pool & Wright, Chartered, Emporia.
The tax credit allocation will be applied to several areas of the Memorial Union, including the Admissions office, admissions reception atrium, the Office of International Education and the Career Services office. Donors may designate their contributions to name specific spaces in those areas, such as offices or conference rooms.
For more information on tax credits for the Memorial Union renovation project, contact the ESU Foundation at 620-341-5440.