Corporate & Insurance Premium Tax Credits
Your contribution makes private education possible for low income families and will not cost your company anything.
“C” and “S” corporations with an Arizona income tax liability and insurance companies that pay Arizona premium tax can redirect their tax liability to Brophy Community Foundation and receive a 100% dollar-for-dollar tax credit. The money is awarded to k-12 students, with verified financial need, for private school tuition assistance at these Arizona schools.
There is no limit to the amount of your contribution. However, there is a statewide cap of $74,300,858 for fiscal year 2018 that opened on July 3, 2017. This tax credit is extremely popular in our business community as nearly $70M was claimed in the first few days. Approximately $4.7M remains unclaimed. To make this easy no-cost contribution contact Dawn Kennedy at firstname.lastname@example.org or 602-264-5291x6521 or completing our forms.
Read the laws and ADOR Procedures below: