Monday, June 24, 2019

SAVE THE DATE! The Make a Difference Raffle and Cocktail Party 2019 Benefiting the McKenna Youth Foundation will be held on Saturday, October  26, 2019 6pm at Aunt Chiladas (Squaw Peak) Get your Tickets today and reserve your place at the party! Call Terri at 602.332.9601

Big News! The McKenna Youth Foundation now excepts Zelle!
What is Zelle you may ask? Zelle is a Person to Person Mobile Payment Platform developed by more than 30 banks, that does not charge transfer or processing  fees. The service offers a stand alone app that users can down load to their smart phone; but, also integrated within mobile banking apps. Use Zelle today to send a donation to the McKenna Youth Foundation for Summer Programs and Back to School Clothes

Friday, April 26, 2019

Shop Walmart dot com

Thank You Walmart Store #3241, #3604 and #3896 for your generous donations!

Tuesday, March 19, 2019

Tax Time

Remember to make your tax credit contribution to the McKenna Youth Foundation by April 15, 2019 for 2018 filing year to receive your dollar for dollar Arizona State Tax Credit.  You can make a Difference in a Child's Life! 

HUGE THANKS!

Thank you Walmart Store # 3241 for your generous donation, we appreciate it very much!

Monday, February 11, 2019

Volunteer of the Year!

The McKenna Youth Foundation's Volunteer of the Year 2018, Isabel Dukes




 We Thank You For All You Do!



Tuesday, January 22, 2019

It is Tax Time and You Can Make a Difference in a Child's Life and Here is How:

Here is how it works:

T
he Arizona State Tax Credit program allows you to make a donation to the McKenna Youth Foundation (Qualifying Charity Organization) as well as other categories of Arizona tax credits (Military, Foster, Public and Private Schools) and receive a dollar-for-dollar credit against Arizona state taxes owed.

Donating to the McKenna Youth Foundation will most likely leave you in a tax neutral situation, meaning you’ll pay about the same total amount whether you use the tax credits or just pay the tax; but, by donating you get a say in how the money is spent. You may contribute up to the amount of your expected Arizona tax liability to each tax credit category, for the McKenna Youth Foundation, you may contribute up to $400.000 for a single filer and $800.00 for a joint filing. If you contribute more than your total state tax amount, the credits can be carried forward five years. You must make your tax credit donations by April 15, 2019, for them to apply to the 2018 year. You can find additional information on the Arizona Dept of Revenue state tax credit page.


Example:

Assume you normally pay about $3,000 in total Arizona state taxes. This year you decide to contribute to organizations eligible for the tax credit.

Let’s assume you make four tax credits (the Arizona Military Relief Fund Credit for $400, the McKenna Youth Foundation for $800, the Public School Tax Credit for $400 and the Private School Credit for $1,092) for a total of $2,692.

You get a dollar-for-dollar credit against state taxes owed for $2,692. By donating to tax credit eligible organizations, now your total state tax liability equals $3,000 less the credit of $2,692, for $308 of remaining tax liability. Your total dollars paid remains $3,000 whether you use tax credits or not – it’s either $3,000 all paid to the state, or $2,692 paid to tax credit eligible organizations and $308 paid to the state. If you had already paid in the full $3,000 in state taxes during the year, you would get a refund for the $2,692.

Your tax professional can answer additional questions about tax credits and the forms you need to file with your tax return to get the credit.

Please make a Tax Credit Contribution to the McKenna Youth Foundation and MAKE A DIFFERENCE IN A CHILD'S LIFE!