Tax Credit Donation

Thank you for redirecting your state tax dollars to support a child-centered education for any Tucson family that wants it, regardless of income. Because of you, our students are growing to take charge of their learning and therefore their lives, and ALL families can access the IDEA School.

For the 2019 tax year, individual Arizona taxpayers may donate up to $1,135 as a dollar-for-dollar tax credit donation. Married couples filing jointly may donate up to $2,269.  When you file your 2019 state taxes, you will get your donation back, dollar-for-dollar.

Nine out of 10 IDEA School students attend on need-based scholarships.
Half qualify for Free or Reduced Lunch.
Your support makes it possible.

Thank you for helping us change lives!

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Tax Credit donations to support IDEA School Scholarships are made through IBE (Institute for Better Education), a state-regulated School Tuition Organization (STO) that administers tax credit donations to private schools for need-based scholarships. See below for details and click on the “Take the Credit!” icon to access IBE’s secure online donation page. The whole process takes just 2 minutes!

When completing your donation, make sure you recommend the funds go to IDEA School by choosing us from the drop-down menu of schools. All funds recommended to IDEA School support scholarships for students in need.

Then print the automatically generated receipt and take the $1-to-$1 tax credit when you file. It’s that simple!

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Click above to support student scholarships at IDEA School through the school  tuition organization IBE – Institute for Better Education. 

 

NOTE: IBE no longer shares donor information with schools. Therefore, your gift is anonymous to us, unless you let us know! Whether you choose to remain anonymous or let us know of your gift, thank you for helping us ensure that IDEA School remains accessible to all families, regardless of income. We can’t do this without you!

 

The Basics

Tax credit donations are used exclusively for tuition assistance, and are critical to helping us provide this rich educational experience to all interested students and families, regardless of income.

  • For the 2019 Tax Year, single taxpayers may contribute up to $1,135 as a dollar-for-dollar tax credit donation recommended to the IDEA School (This includes both the “Original” donation and “Plus” donation — see IBE website for details). Married couples filing jointly may contribute up to $2,269.
  • Tax-credit donations to support IDEA School scholarships must be made through the Institute for Better Education (IBE), a state-regulated school tuition organization that is also a 501(c)(3) nonprofit.
  • As the donor, you may recommend your donation go to the IDEA School and/or to a specific student at the IDEA School.  Check with the student’s parent(s). If he or she is not “Plus-eligible,” you may still support him/her with your “Original” Tax Credit donation. You can support additional low-income scholars at IDEA School with your “Plus” Tax Credit donation, by choosing IDEA School from the drop-down menu of schools.
  • You take the amount of your donation as a dollar-for-dollar tax credit when you file your state tax return. It will either reduce what you owe or increase your state refund dollar-for-dollar.
  • Call David with any questions, at 520-589-4933.

 

Frequently Asked Questions

What is the School Tuition Tax Credit?
Arizona Revised Statutes (ARS) 43-1089.01 provides a credit against state income tax obligations for Arizona taxpayers who make a contribution to a certified School Tuition Organization (such as IBE).  This contribution will be credited dollar-for-dollar against your Arizona state income tax liability, up to the limits noted above. By law, the STO must provide at least 90% of your donation in direct scholarship aid to schools/students. IBE provides 92% of each donation to the school/student.

How does a tax credit differ from a tax deduction?
A credit reduces the Arizona income taxes you owe dollar-for-dollar, while a deduction reduces the taxable income upon which the taxes are calculated.  A tax credit is better for your bottom line.

How do I get my tax credit?
A tax credit is subtracted directly from the income tax you owe the state. The credit is taken directly off of your state tax return when you file. For example, if your state income tax obligation is $1,200 for the year, and you make a $1,000 tax credit donation to IBE for the IDEA School, you’ll owe only the $200 balance in Arizona State taxes for the year. Tax Credit Donations can also increase your Refund.

For a great visual of how this all works, check out this video.

May I also make a tax credit contribution to a public school?
Yes, please do! We encourage you to support a public school of your choice with a Public School Tax Credit donation made directly to that school and to support a worthy nonprofit helping Arizona families with the Charitable Organization Tax Credit as well (formerly known as the Working Poor Tax Credit).  Arizona law allows you to take all three.

Where can I obtain more information about the Arizona tuition tax credit program?
Please go to the Arizona Department of Revenue website or call DOR toll free at (800) 325-4090 for more info.

Questions?

Please contact IDEA School Co-Director David Higuera at (520) 589-4933 with any questions or if you need help making your donation.  He’d be happy to help you!

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IMPORTANT NOTICE: By law, a school tuition organization cannot award, restrict or reserve scholarships based solely on a donor’s recommendation.

A taxpayer may not claim a tax credit for his/her own dependent, and may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependent.