CORPORATE & INSURANCE PREMIUM TAX CREDITS

Your contribution makes private K-12 education possible for families with verified financial need — 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 Arizona income or premium tax credit. The money is awarded to k-12 students, with verified financial need, for private school tuition assistance at these Arizona schools.

THE STATEWIDE CAP FOR FISCAL YEAR 2024 – 2025
$135,000,000
WILL BE AVAILABLE STARTING
JULY 1, 2024
ARIZONA DEPARTMENT OF REVENUE APPROVES ON A
1ST COME, 1ST SERVE BASIS

A Quick Guide

Arizona law allows corporate taxpayers to claim a dollar-for-dollar tax credit for donating to certified School Tuition Organizations (STOs), such as Brophy Community Foundation.

C-corporations, S-corporations (and businesses that file like an S-corporation), and insurance companies qualify for these tax credits. To make a corporate tax credit contribution, contact Brophy Community Foundation.

Benefits of Tax Credit Donations

When your company redirects some of its Arizona income tax liability to Brophy Community Foundation, you help families with verified financial need afford a private K-12 education for their children. That means your company will be:

  • Getting a 100% dollar-for-dollar tax credit: Your contribution qualifies for a 100% dollar-for-dollar income tax credit you claim when filing your company’s Arizona income tax return.
  • Deciding where your tax dollars go: Your contribution to BCF allows you to decide how your tax dollars are spent — helping Arizona families afford a private K-12 school education.
  • Helping students get quality education: Your contribution provides equal access and removes financial barriers to Arizona families desiring a private school education for their children.

Why Donate to Brophy Community Foundation?

Incorporated in 1998, Brophy Community Foundation is one of Arizona’s oldest and most respected certified school tuition organizations. Your tax credit contribution provides tuition aid to families who demonstrate significant financial need. With BCF:

  • You receive a 100% dollar-for-dollar tax credit you claim when filing your Arizona income tax return, meaning your contribution does not cost you a dime.
  • Your tax credit contribution provides critical tuition aid to families with verified financial need.
  • Your contribution creates diversity in the K-12 schools we serve. Learn more about our impact.
  • Operating costs average 5% — half the legislated 10% allowance.

HERE'S HOW TO APPLY

COMPLETE ONE OF THE FORMS BELOW

Read the laws and AZDOR Procedures below:

HERE'S WHAT THEY'RE SAYING ABOUT US

2022 - 2023 ANNUAL REPORT