Enterprise Zone Tax Credit
Pikes Peak Hospice Unit at Penrose Hospital is now deemed an Enterprise Zone (EZone) Project. The EZone contribution tax credit was created by the State Government to encourage taxpayers to increase their giving to specific organizations that benefit our community. Donors who write a check for $250 or more through the EZone are rewarded with an additional 25% state income tax credit beyond existing charitable tax deductions. In-kind contributions like labor, materials, stocks, bonds, or real estate are also welcome in the EZone for a 12.5% tax credit with added stipulations.
Pikes Peak Hospice Unit at Penrose Hospital – inpatient care for you and your loved ones when you need it
Pikes Peak Hospice & Palliative Care is the only hospice provider in El Paso County that operates a licensed hospice inpatient unit – Pikes Peak Hospice Unit at Penrose Hospital. Our inpatient unit is essential in addressing the specialized medical needs of the rapidly growing aging population and enhancing quality of life of not just the patients, but their families and loved ones who take care of them. Located on the sixth floor of Penrose Hospital, this program of care manages the most complex care needs of those facing end-of-life issues. Of the 1,700+ patients we serve each year, more than a third receive care at our inpatient unit at some point.
Only donations designated to the Pikes Peak Hospice Unit at Penrose Hospital quality for the tax credit. All of our other programs and services are based out of our headquarters building at 2550 Tenderfoot Hill Street, which is not within an Enterprise Zone.
Cash/credit card donations do not qualify for the EZone.
How to Participate - Four Simple Steps
- Write a check payable to “El Paso County Enterprise Zone.” In the memo line, write Pikes Peak Hospice Unit at Penrose Hospital (PPHU@PH), as well as the last four digits of donor Social Security Number or Colorado Account Number (as a registered user of www.Colorado.gov/RevenueOnline). The donation must be at least $250 to qualify.
- Mail the check to Pikes Peak Hospice Foundation, Attn: EZone, 2550 Tenderfoot Hill Street, Colorado Springs, CO 80906.
- You will receive a donation receipt shortly after the donation is made and the Colorado tax credit certificate from El Paso County in about 45 to 60 days for use in filing your Colorado income tax return.
- At the end of the year, you will need to file your state income tax return electronically.
Your donation is tax deductible to the full extent allowed by law. Please check with your tax advisor to verify you are receiving the appropriate tax credit allowed.
For questions regarding Enterprise Zone donations, please contact Pikes Peak Hospice Foundation at 719.633.3400 or firstname.lastname@example.org.