Colorado Tax Credit Returns 50% of Qualified Child Care Contribution to Donor

A group of business, community and government leaders (CCTC Coalition) are working to inform Colorado taxpayers about the benefits of CCTC. This group is comprised of Early Learning Ventures, Executives Partnering to Invest in Children (EPIC), the Early Childhood Education Association of Colorado, The Piton Foundation, and the Boys & Girls Clubs of Colorado.

A small investment can provide big returns thanks to a unique tax credit available through the end of the year. Colorado taxpayers can make a cash donation to a qualified child care provider and earn a state tax refund equal to 50% of the amount donated.

Why is Colorado doing this? Lawmakers know that every $1 invested on early childhood programs returns more than $8 in benefits to society.  Taxpayers and government working together can provide a leveraged benefit to early childhood development resulting in:

  • Increased academic performance and achievement
  • Increased likelihood of completing high school and of attaining a higher degree/certification

While also:

  • Decreasing dependence on public services later in life
  • Decreasing criminal involvement

Donations must be made by December 31st to qualify for 2015.

This money can be used by qualified providers to improve child care facilities, equipment and services, as well as to provide staff training and development, assist with referral services or support loan or grant programs for parents that require financial assistance.

“Rarely do we see a tax credit this generous for donations that make so much difference to so many people. I urge everyone to take advantage of this opportunity to more than double the impact of their gifts,” says Gregory J. Anton, CPA, Chairman and CEO|Anton Collins Mitchell.

Learn more by visiting and help us spread the word about this incredible opportunity.


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