Apply Now. Contribute Later.
It's a two-step process to contribute.
1) We submit a tax credit request to the GA Dept of Revenue on your behalf.
2) Once approved (DOR has up to 30 days to approve), you'll then have up to 60 days to make the contribution.
So, it's an Apply Now, Contribute Later process.
ASF accepts contributions on behalf of any Georgia private school and will work closely with those institutions to provide scholarship assistance to deserving students. For those amounts contributed to ASF that are not designated for use at a particular school(s), they will be used at the discretion of the ASF Board of Directors.
1) We submit a tax credit request to the GA Dept of Revenue on your behalf.
2) Once approved (DOR has up to 30 days to approve), you'll then have up to 60 days to make the contribution.
So, it's an Apply Now, Contribute Later process.
ASF accepts contributions on behalf of any Georgia private school and will work closely with those institutions to provide scholarship assistance to deserving students. For those amounts contributed to ASF that are not designated for use at a particular school(s), they will be used at the discretion of the ASF Board of Directors.
No Cost to Contribute
Through the Education Tax Credit program, participants are pre-paying a portion of their state income taxes.
In return, they receive a dollar-for-dollar state tax credit for the amount contributed; so there's no cost!
It's simply redirecting where your hard earned tax dollars go and who gets to benefit from them.
Would you rather support students at a Georgia private school of your choosing or have your money go to Atlanta to be spent in the state budget?
In return, they receive a dollar-for-dollar state tax credit for the amount contributed; so there's no cost!
It's simply redirecting where your hard earned tax dollars go and who gets to benefit from them.
Would you rather support students at a Georgia private school of your choosing or have your money go to Atlanta to be spent in the state budget?
It's Your Money.
Your Choice.
Your Choice.
Contribution Limits
TaxpayersCurrent contribution limits:
Single taxpayer - up to $2,500 Married filing separate - up to $2,500 Married filing jointly - up to $5,000 |
LLC, S-Corp & PartnershipsTwo Options1) Each owner of Pass-Through entity can contribute up to $25,000
or
2) S-Corps & Partnerships can choose to pay their GA state income taxes at the entity level. When this is utilized, these businesses can contribute up to 75% of their GA income tax liability
AND can claim the full amount as an ordinary and necessary business expense to reduce their federal tax liability |
C-Corporations and Insurance CompaniesC-Corporations can contribute up to 75% of GA income tax liability
AND can claim the full amount as an ordinary and necessary business expense Insurance companies can contribute up to 75% of GA income tax liability AND can claim the full amount as an ordinary and necessary business expense |