Funding for the 2013 Tax Credit program has run out.
Thank you to all who participated. If you missed out, the tax credit funds will be available again in January, 2014
Why not take a moment and change the life of a student wishing to enroll at HIES – It only takes a few minutes and can be done entirely online - with no forms to fill out and mail in!
Thanks to the generous support of many HIES families, we received $417,108 in scholarship funds in 2012. These funds will allow us to offer scholarships to new students entering from Georgia public schools who meet our admissions requirements and are in need of financial assistance.
Unfortunately, the State of Georgia ran out of funds to give out early last year and we had several donors ready to give but unable. This year we are encouraging people to give early. In fact, right now is a perfect time!
As you work on your taxes, please consider redirecting a portion of next year’s taxes to HIES by joining the Tax Credit Scholarship Program. This program allows Georgia taxpayers to redirect a portion of their state tax liability – $100, $500, or any amount up to $2,500 for couples and $1,000 for individuals – to an independent school of their choice each year.
This credit gives you a dollar-for-dollar reduction in the amount you owe in Georgia taxes. For example, when you donate $2500, then your tax bill will be reduced by the full $2500. It's a win-win across the board!
If you make your gift now we will be able to use these funds for students applying for the 2013-14 school year!
To participate in this program, you must make a donation to financial aid through Apogee, a Georgia School Choice Scholarship Fund. That donation qualifies as a charitable tax deduction on your Federal tax return and will generate a tax credit on your Georgia state tax return.
Companies that normally match your donations to Holy Innocents’ will also match your donation to the Tax Credit Scholarship Program. After you make your donation to Apogee for Holy Innocents’, send your company matching gift paperwork to Apogee at the address below. Apogee is a 501(C3) whose EIN # is 26-2693572 and they will apply for the matching funds from your company and see that the funds are credited to our school. To the extent that the employer is also a C-Corp, then the match may also gain the company the tax credit in Georgia.