Arizona businesses can redirect their tax dollars to benefit Arizona students by make a dollar-for-dollar tax credit contribution.
If your business has an Arizona State Tax liability and is a
C-Corp, S-Corp, or LLC.
Please contact: sherri@motessoricharity.org to learn more.
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
ARS 43-1603 (C) NOTICE
A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of donor recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependent.
The percent of scholarships paid to students with family income up to 185% of poverty level.
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