Tax credit opportunity for donations to Early Learning Collaboratives

Did you know that individuals or corporations can contribute to support the local matching fund of an approved early learning collaborative (ELC) pre-K program and may be eligible to receive a 1:1 state tax credit for the donated amount of up to $1 million?

The Mississippi Department of Revenue can approve 1:1 tax credits up to the amount the legislature appropriates to the Early Learning Collaborative Act each year.  This fiscal year the appropriation is $29 million.

To find out more information, please go to this link, https://www.mississippifirst.org/we-support/early-education/pre-k-tax-credit/, or call the Office of Early Childhood Education at the Mississippi Department of Education at (601) 359-2932.