Sentences with phrase «granting our organization tax»

We received our Letter of Determination from the IRS granting our organization tax exempt status effective July 11, 2012.

Not exact matches

Grant Thornton LLP is a leading Canadian accounting and advisory firm providing audit, tax and advisory services to private and public organizations.

Another is in gov grants to religious organizations,, that's OUR tax dollar, again not separation.

Walz had sued to enjoin the New York City Tax Commission from granting property tax exemption to religious organizations for properties used solely for religious worshTax Commission from granting property tax exemption to religious organizations for properties used solely for religious worshtax exemption to religious organizations for properties used solely for religious worship.

The Hawaii State Junior Golf Association is a non-profit, tax - exempt organization under section 501 (c)(3) of the Internal Revenue Code and gains it's funding through memberships, sponsorships, grants and contributions.

In July 2005, the IRS granted RDA status as a 501 (c)(3) tax exempt organization.

MilkWorks is a registered 501 (c) 3 organization, which allows us to accept tax deductible donations and grants to support our mission: Creating a healthier community by helping mother breastfeed their babies.

As a non-profit organization, MilkWorks accepts tax deductible donations and applies for grants to help provide care for low income families.

Lane said the task force, a collection of community groups, faith - based organizations and individuals, may also propose state legislation barring the county development agency from granting tax exemptions to projects inside the city.

The funding comes from donations made by individuals and businesses who receive a 75 - cents - on - the - dollar tax credit when they give to scholarship - granting organizations statewide.

That being said, the approach of using the tax code to encourage donations to organizations that grant scholarships to low - income students is one that's been used successfully at the state level.

The Granite State's STC program grants tax credits to corporations worth 85 percent of their contributions to nonprofit scholarship organizations that aid low - and middle - income students attending the schools of their choice.

Where possible, both individual and corporate taxpayers should be eligible to receive tax credits for their contributions to the ESA - granting organizations.

Rather than reallocating dollars slated for education, supporters proposed to give tax credits to individuals and businesses that donated money to nonprofit organizations providing low - income students with scholarship grants to attend private schools (see Table 1).

The president and his team may instead seek to amend the tax code to encourage donations to organizations that grant scholarships to low - income students, an approach 16 states use as an alternative to school voucher programs.

The Arizona Supreme Court had previously upheld a scholarship tax - credit law, which granted dollar - for - dollar tax credits to taxpayers in return for contributions to non-profit scholarship organizations that help families send their children to the schools of their choice.

Alabama - Alabama allows both individuals and corporations to claim a tax credit for donations to scholarship granting organizations (SGOs)(HB 84, 2013).

Indiana — Indiana offers individuals and corporations a tax credit for donations to «scholarship granting organizations.»

Oklahoma — Oklahoma passed the Oklahoma Equal Opportunity Education Scholarship Act in 2011 allowing individuals and corporations to claim a tax credit for contributions made to a «scholarship - granting organization».

For example, Bedrick said, the bill proposed by Rubio and Rokita would have given federal tax credits only for donations to scholarship - granting organizations that don't «earmark or set aside contributions for scholarships on behalf of any particular student, or to any specific school or group of schools.»

Tuition tax - credit scholarship programs grant tax credits to individuals or corporations that donate to organizations that in turn give scholarships to K - 12 students.

Such programs grant tax credits to taxpayers who donate to nonprofit organizations that give scholarships to students.

Most controversially, school choice also includes vouchers and tuition tax - credits, which allow families to use public dollars in order to send their children to private schools or provide tax credits to individuals or corporations that make donations to organizations that grant scholarships to students.

Scholarship - granting organizations will need to be audited, and there will need to be rules to ensure that donors to scholarship programs don't «double dip» — getting credits on both their state and federal taxes.

States conceivably could be given authority over details of a scholarship tax credit — for example, designating which nonprofits are eligible to serve as scholarship - granting organizations, and which rules they and participating schools would need to follow.

The new law would allow companies to claim an income - tax credit for contributions made to organizations that provide educational scholarships and tuition grants to children from low - income families.

Because a tax credit is more beneficial to donors than a tax deduction, this program would encourage new support for scholarship granting organizations.

Legislation creating a tax credit scholarship program would grant a state tax credit to donors who contribute to scholarship granting nonprofit organizations.

PEFNC outlined here that upon passage of a 2012 bill that would grant state tax credits for donations to tax - exempt scholarship - granting organizations that would fund scholarships for low - income students to use at private schools, PEFNC would administer that scholarship program, which was modeled after a program in Florida called Step Up For Students.

A TCS law grants a full or partial tax credit to individual and / or corporate taxpayers in return for contributions to nonprofit scholarship organizations.

As in existing scholarship laws, scholarship - or scholarship - and - education - savings - account granting hybrid organizations would accept charitable contributions, and the state would award tax credits to donors as part of their income tax filings.

The law grants tax credits to corporations in return for contributions to non-profit scholarship organizations that fund low - and - middle - income students attending the schools of their choice.

They questioned why teachers would oppose the program, through which corporations get a 100 percent tax credit for donations to organizations that grant scholarships to low - income students.

Under a tax - credit scholarship law, individual and / or corporate donors receive tax credits in return for contributions to nonprofit scholarship - granting organizations (SGOs) that help families afford private school tuition.

Forcing scholarship - granting organizations to abandon a core component of their mission in order to participate in the tax - credit scholarship program would jeopardize their effectiveness.

Rhode Island offers tax credits to businesses supporting scholarship - granting organizations (SGOs), nonprofits that provide private school scholarships.

They include publicly - funded scholarship programs; tax credit programs that grant businesses or individuals a tax credit for donations to private, nonprofit scholarship - granting organizations; and personal tax credit or deduction programs that offer parents a tax credit or deduction for tuition and other education - related expenses incurred in sending their own children to school.

Talbot introduced his proposal last year as an income tax credit to allow contributors to reduce their state tax liability by the amount of money they give to the tuition - granting organization.

FACT: Scholarship Tax Credits do not use public money Scholarship Tax Credits incentivize private donations to qualified scholarship granting organizations, which distribute...

Scholarship tax credit programs grant donors a nonrefundable tax credit for donations to qualified scholarship granting organizations.

The program would create a nonrefundable tax credit for donations to scholarship granting organizations.

Introduced by Representative Lloyd Smucker (R - PA), this bill would create a tuition tax credit program by providing a tax credit to individuals and corporations that give money to scholarship granting organizations to that provide vouchers to K - 12 students.

Under that law, those who donate money to scholarship - granting organizations receive a tax credit equal to a portion of their donation.

Tax credit scholarships, on the other hand, don't rely on any public funding, but are scholarships granted to students through charitable donations to a scholarship granting organization (SGO).

Grants may also be made to scholarly societies and other tax - exempt organizations and individuals engaged in advancing public education through research studies and action projects.

Corporations can allocate an amount equal to all or part of their state tax liability to a private scholarship - granting organization.

Districts may also accept matching funds from nonprofit, tax - exempt organizations for grant - funded programs as long as the matching funds do not limit their scope.

Tuition tax credits allow individuals or corporations to receive a tax credit in exchange for giving money to a scholarship granting organization.

Illinois offers tax credits to individuals and businesses for donations to scholarship - granting organizations (SGOs), nonprofits that provide private school scholarships to low - and middle - income students.

In Florida's tax - credit program, businesses receive a dollar - for - dollar credit when they donate to nonprofit scholarship - granting organizations.