Beginning in 2027, federal law gives every taxpayer a dollar-for-dollar tax credit of up to $1,700 per year for donations to approved scholarship organizations. The funds can't go to schools directly, and the process is complicated. That's the part we handle, so the people already around your school can fund your students.
Parents, teachers, staff, and alumni each contribute up to $1,700. For employees, a payroll option keeps take-home pay unchanged.
Materials, sign-up, eligibility, processing, and federal compliance. By law, at least 90% of funds become scholarships.
Tuition support, plus tutoring, technology, class trips, and equipment, at public, charter, and private schools alike.
"The support doesn't come from somewhere new. It comes from the people already around your school."
The K-12 Scholarship Foundation, Inc. is a Delaware corporation; its application for 501(c)(3) federal tax-exempt status is pending, and Scholarship Granting Organization listing occurs through each participating state. Donor preferences are welcome; all awards are made by the Foundation under federal eligibility rules. Figures are estimates assuming $1,700 per participating donor; the credit is nonrefundable and available to donors with sufficient federal tax liability. In plain words: this page simplifies a federal tax program and is not tax advice; please review with your accountant or tax professional. Sources: irs.gov/government-entities/federal-state-local-governments/federal-scholarship-tax-credit-fstc · ed.gov (joint ED/Treasury fact sheet) · P.L. 119-21 §70411.