Department of Economic Development awards $309,241 in Youth Opportunities tax credits to two St. Louis service organizations
By Cara | February 5, 2010
ST. LOUIS — The Missouri Department of Economic Development (DED) today announced that two St. Louis organizations that offer various services to Missouri children have been approved for Youth Opportunities Program (YOP) tax credits.
Big Brothers Big Sisters of Eastern Missouri, St. Louis, has been approved for $250,000 in YOP tax credits. Big Brothers Big Sisters of Eastern Missouri will utilize the YOP tax credits to provide one-to-one mentoring services to at-risk youth in St. Louis City, St. Louis County and Cape Girardeau County.
Life Skills, St. Louis, has been approved for $59,241 in YOP tax credits. Life Skills will utilize the YOP tax credits for its Youth Employment Services program, which prepares at-risk teens with disabilities to find and keep competitive employment after graduation.
“Investment in our children is an investment in the future of our state,” DED Director David Kerr said. “This award helps us partner with these service organizations in their outreach efforts to at-risk youth.”
The Youth Opportunities Program, administered by the Missouri Department of Economic Development, provides tax credits to organizations administering positive youth development or crime prevention projects.
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