At no cost, you can create scholarships for children. The Arizona Private School Tuition Tax Credit Law A.R.S. 43-1089 allows you to give to the Arizona Private School Tuition Organization (APSTO) and receive a dollar-for-dollar tax credit against your Arizona income taxes. APSTO then turns your tax credit into tuition scholarships for children attending grades K-12 at qualified private schools in the state of Arizona.

This is a dollar-for-dollar tax credit that offsets the amount of taxes you owe. Unlike tax deductions and exemptions, which reduce the amount of your taxable income, tax credits reduce the amount of taxes you owe:

If you owe money for the current tax year, you deduct the amount you donate from what you owe. Example: You owe $3,000 to the state, and you make a tax credit donation of $2,500. You now only owe the state $500.

If the state owes you a refund for the current tax year, your refund will be increased by the amount you donate. Example: You are due a refund from the state of $500. You make a tax credit donation of $2,500 and you’ve increased your refund to $3,000.

In other words, you get what you give. The net cost to you is zero, but priceless to a child.

Contact us for pledge forms and more information.