Faith Friends Mentoring for Success

TAX CREDIT CONFERENCE FOR INDIVIDUAL DEVELOPMENT ACCOUNTS

10:00 AM to Noon – December 7, 2006BANK OF MISSOURI 3427 WILLIAM, NEAR WALMART

LUNCH PROVIDED IDA Tax Credits – What are they and how can you use them to help your community grow?Hear! and learn! from nationally recognized experts. Participate and Direct your tax dollars!

Imagine deciding where and how to apply your own MO tax dollars! Direct them here in your community promoting development and benefiting your own, qualified employees building their assets in life! Watch your tax dollars be invested wisely with real impact you can see.NET COST TO YOU AS LOW AS $14.22 / $ 50.00, after MO tax credit and federal and state deductions for charitable contributions.

Individual Development Accounts (IDA), an extremely successful national asset building tool for low to moderate income people, was developed at Washington University in St. Louis. IDA empowers people to get out of debt, receive important, appropriate and significant financial education, build personal assets in life, and pride in ownership and accountability.

Participants can apply double or triple their earned savings for 4 major areas of life improvement: 1) Home ownership or repair, 2) small business establishment or expansion, 3) post secondary education or certification for employment, and 4) purchase of a vehicle. Additional education, specific to successful application of the matched funds to the proposed asset purchase and use, is provided by Project HOPE, congregations, and community partners, including banks, businesses, and other higher education and financial institutions.

Project HOPE, working in cooperation with nationally recognized, St. Louis based Justine Petersen Housing and Reinvestment Corp, Inc. demonstrate how your donation and tax dollars benefit the community while contributing, for qualified employees, a very significant benefit – a legitimate opportunity for personal advancement and the chance to build a stabilizing asset.

IDA’s build the habit of savings and asset building, provide very necessary and significant financial education for our participants, and empower people to get out of debt. This means a more stable employee who is interested in personal, positive growth that benefits your business and the community. The MO tax credit for IDA’s allows you to focus your tax dollars on your own community.

“The IDA tax credit’s financial education portion, linked with our congregation’s mentoring, actually helped us face our major marital obstacles and saved our marriage! The IDA gave us real HOPE to purchase our new home, a dream come true!” (the Goodlucks)

Please call Project HOPE – 573-334-0155 – for more information and registration.

The mission of Project H.O.P.E. (Helping Other People Excel) is to facilitate a partnership between congregations or community organizations and low-income individuals or families as they transition to dignity and independence under God. A registered 501(c)(3) non profit corporationDenis Rigdon, CEO Donations are tax deductible, charitable gifts. 1911 Woodlawn Tel: 573-651-0551 or Tel / Fax: 651-0336Cape Girardeau, MO 63701 Email: phope@swbell.net WEB page: www.phope.net