Corporate Tax Credit

Montessori Charity Foundation provides scholarships to children of families who qualify, for the free and reduced lunch program, to receive a high-quality education. We believe parents should have a choice and access when it comes to the education of their children, regardless of income. 

C-Corps, S-Corps, and LLCs that file like a S-Corp, can redirect a portion, or their entire tax obligation to School Tuition Organizations (STOs), like Montessori Charity Foundation. These STOs then award K-12 scholarships to students qualifying for the federal government’s free or reduced lunch program or the disabled/displaced program. 

The corporation, in turn, will receive a 100% tax credit for every dollar it donates. 

Participating corporations redirect funds they must already pay to the state, enabling them to help low-income children achieve greater educational excellence at NO COST to the corporation. As a result, the program is paving the way for an educated workforce that will greatly contribute to the betterment of our communities.

The Simple Process

• To take advantage of this tax credit, the corporation contacts Sherri@montessoricharity.org and pledges to contribute $X amount. Contact us for a pledge form. 
• Montessori Charity Foundation then completes the application for the corporation and submits it to the Arizona Department of Revenue (ADOR). If the program cap has not been met, the ADOR approves the request within 20 days.
• The corporation has 20 days from the date of approval by the ADOR to make the contribution to Montessori Charity Foundation.
• The corporation takes the premium tax credit on its tax return, but may carry any unused credit forward for up to five years. The corporation may take either the federal nonprofit donation deduction or the Arizona state credit, but not both.