What constitutes a qualified school?

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Qualified school means a preschool that offers services to students with disabilities, nongovernmental primary or secondary school that is located in Arizona and that does not discriminate based on race,…

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What is a school tuition organization?

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A school tuition organization is a charitable 501(c)(3) organization that must: allocate at least 90% of its annual contributions to scholarships; not limit the availability of scholarships to students of…

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How does the Brophy Community Foundation distribute its funds?

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Brophy Community Foundation contracts with an independent service, FACTS, that processes and reviews all financial aid applications, including tax returns and W-2s, and calculates financial need of each family. Awards…

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What is the low income corporate tax credit?

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Arizona law allows a dollar-for-dollar state income tax credit for “C” & “S” corporations and insurance companies that pay a premium tax for contributions to the Brophy Community Foundation, an…

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