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 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 of $135,346,407, for fiscal year 2021-22, will be available starting July 1, 2021 and approved by Arizona Department of Revenue on a first-come, first-served basis.