Your donation may qualify for a Colorado Enterprise Zone tax credit! Please read the following information about the tax credit, donate $250 or more to eligible LiftUp program(s), and submit the information needed!
Maximize Your Giving
It’s as EZ as 1, 2, 3!
- Your State Income Tax Goes DOWN
- Your Donation to LiftUp Goes UP
- Everyone Benefits
LiftUp of Routt County (“LiftUp”) was approved by the State of Colorado’s Office of Economic Development and International Trade (OEDIT) as an Enterprise Zone Contribution Project (effective August 21, 2025) which encourages community participation and public-private partnerships.
Colorado taxpayers who make qualifying Enterprise Zone gifts to LiftUp are eligible for a generous tax credit of up to 25% to use against their state income tax if giving cash, or 12.5% for gifts of appreciated assets, such as stocks. Donations received from a Donor Advised Fund are not eligible for EZ Tax Credit.
The Colorado Enterprise Zone tax credit reduces the amount of state income tax you pay, in addition to federal and state charitable deductions you may receive for gifts to the LiftUp. You can nearly double the size of your gift – and the impact of your generosity – without increasing the net cost to you.
Examples of Net Cost of Donation after Tax Savings*
| Donation | $250 | $500 | $1,000 | $10,000 |
| State EZ Credit | $62.50 | $125 | $250 | $2,500 |
| Federal Tax Savings | $58 | $116 | $232 | $2,322 |
| State Tax Savings | $12 | $23 | $46 | $463 |
| Returned to You | $132 | $264 | $529 | $5285 |
| After Tax Cost of Giving | $118 | $236 | $471 | $4715 |
*Figures in table are based on a 33% tax bracket. Federal and state tax savings above assume you itemize deductions. Sate EZ Tax Credit does not require you itemize deductions. Information should not be construed as tax advice. Consult your tax adviser as situations may vary.
- Any Colorado taxpayer, individuals and corporate donors, can support an enterprise zone contribution project. You do not have to live or work in the enterprise zone to invest.
- Gifts must be at least $250 and directed towards LiftUp’s general fund (all programs and operations), the LiftUp Our Future Capital Campaign, or Food Banks.
- Please note that donations from donor-advised funds are not eligible for Enterprise Zone tax credit. Donors must be Colorado income taxpayers to be eligible.
- The amount of this tax credit is capped at $100,000 per taxpayer per tax year. If you cannot use all of your credits in a given tax year, you can carry forward the balance up to five years.
- You can take advantage of Enterprise Zone tax credits regardless of whether you itemize.
- You are required to file your tax return electronically unless filing electronically would cause undue hardship for the taxpayer.
Follow these steps to contribute to and claim the Enterprise Zone tax credit.
After you make a donation, email: Development@Liftuprc.org with your:
- Colorado Account Number or the last four digits of your Social Security Number;
- email address;
- mailing address;
- the date and amount of your donation; and
- permission to email or mail your tax credit certificate – and your preference for email or mail.
- We will submit your contribution information to the local enterprise zone administrator for review to ensure that the contribution will be applied to the specific contribution project activities and objectives.
- You will receive a tax credit certificate documenting your contribution.
- To claim the tax credit, you need to submit the tax credit certificate and form DR 1366 when you e-file your Colorado tax return.
The information represented above is of a general nature and should not be construed as legal or accounting advice. Every taxpayer’s situation is different. Please consult a tax advisor prior to taking any action based on this information.