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
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 (a certified school tuition organization) 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.
A Quick Guide
Read Arizona Department of Revenue facts about corporate and insurance company tax credit contributions to school tuition organizations.
Why Donate to Brophy Community Foundation?
- Your company gets a 100% dollar-for-dollar tax credit: This is a “no-cost” redirection of the company’s tax liability that is claimed when filing the company’s Arizona income tax return.
- You decide how your company’s tax dollars are spent: You help deserving families afford tuition costs for their k-12 children.
- 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.
- Your company’s contribution is an investment in Arizona’s future leaders, innovators, and workforce. Learn more about our impact. Read our student blogs.
Here's how to apply
Read the laws and AZDOR Procedures below: