Sentences with phrase «nonprofit scholarship organizations»

Low - income and middle - class students would benefit directly from up to $ 150 million in annual charitable contributions to nonprofit scholarship organizations providing tuition assistance.

Previous ESA laws have been funded through state treasuries, but policymakers could increase freedom for taxpayers by funding ESAs through voluntary donations to nonprofit scholarship organizations for which donors would receive tax credits.

Third, it provides tuition assistance to low - income families through nonprofit scholarship organizations (SGOs) that are funded by private tax - creditable donations — better than any other system of third - party education aid.

The particular education tax credit program evaluated here combines credits for donations to nonprofit scholarship organizations serving low ‐ income families with credits for parents who directly assume the cost of their own children's education (both of which already exist, separately, in several states).

Jason Bedrick: It's a tax - credit scholarship program, which means that individual and corporate taxpayers can make contributions to nonprofit scholarship organizations for which they get a 75 percent tax credit.

The program allows businesses to receive an 85 percent tax credit on contributions to nonprofit scholarship organizations that fund low - and middle - income families attending the private school, home school, or out - of - district public school of their choice.

Under such policies, taxpayers can receive tax credits worth between 50 percent to 100 percent of their donations to nonprofit scholarship organizations that help low - and middle - income students attend private schools.

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.

In Florida, corporations or individuals can get a generous, dollar - for - dollar tax break by donating to a private, nonprofit scholarship organization.

Donors would receive tax credits in return for contributions to nonprofit scholarship organizations that would set up, fund, and oversee the accounts.

NH's STC offers corporations tax credits worth 85 percent of their contributions to nonprofit scholarship organizations that aid low - and middle - income families.

The law grants tax credits to corporations worth 85 percent of their donations to nonprofit scholarship organizations that provide financial assistance to low - and middle - income parents so they can choose the education that works best for their children.

Fourth, and most importantly for the purposes of this report, Florida's program is operated by private, nonprofit scholarship organizations, while Arizona's state department of education administers the program for that state.

Under the OSA, businesses receive tax credits worth 85 percent of their contributions to nonprofit scholarship organizations, which provide scholarships for low - and middle - income children to pay tuition at private schools or out - of - district public schools or to cover eligible homeschooling expenses.

Florida's new education savings account for students with special needs is based on Arizona's highly popular program, but with a twist: nonprofit scholarship organizations will administer the program rather than the state, though the accounts will still use public funds.

As Jonathan Butcher and I described in a report we published earlier this year, the state could offer tax credits to individuals and corporations who donate to nonprofit scholarships organizations that could manage the ESAs, similar to tax - credit scholarship programs already in effect in 17 states.

Corporations or individuals can offset state tax liability by donating to a private, nonprofit scholarship organization.

In these scholarship programs, businesses receive a dollar - for - dollar credit on their taxes for donations to nonprofit scholarship organizations.

The credits would be capped at $ 57.5 million, and nonprofit scholarship organizations would have to make Gardiner Scholarships the first funding priority in years when state appropriations don't cover the demand from parents.