By: Elizabeth Dreckman
It’s the time of year when Arizona’s children head back to school. For some of them, future is looking much brighter thanks to scholarships from Arizona School Choice Trust.
Founded in 1993, Arizona School Choice Trust (ASCT) is the oldest and most experienced School Tuition Organization in Arizona. The mission of ASCT is that every child should have the chance to succeed. Through Arizona’s Corporate Tax Credit Program, ASCT provides scholarships to low-income children, allowing them to attend private schools. This innovative tax credit program allows corporations with a corporate income tax and/or insurance premium tax liability the opportunity to receive dollar-for-dollar tax credits for contributions to ASCT. This program simply allows a company to redirect its state tax liability to a School Tuition Organization like Arizona School Choice Trust. The company pays nothing extra – it’s free to participate in the Corporate Tax Credit Program.
One hundred percent of our scholarship recipients are from poor and working-class families and their parents have the option of choosing any private school in the state. For its dedication to serving the underprivileged, Arizona School Choice Trust was recently ranked as the #1 School Tuition Organization in the State of Arizona.
Thanks to the generosity of its corporate partners, ASCT will be able to provide over 1,500 Arizona children with scholarships this year. One of these children is a boy named Anthony. Anthony spent the first four years of his life in poverty, even experiencing homelessness for a time. He is now living with a foster family and, through a scholarship provided by ASCT, he is able to attend a private school where he is now thriving and on a productive and successful path. Anthony’s foster mom, Carol, calls him, “… a joy to his family, school and community.” He dreams of pursuing a fire science degree and hopes to become a firefighter. Carol says, “Thank you to the many donors who have found it in their hearts to give children like Anthony an opportunity for a better life.”
Unfortunately, there are many more children waiting for their chance at success. There have been an overwhelming number of scholarship applicants this year and over a thousand children remain on the waiting list. Many Arizona families are struggling to make ends meet, and the need for scholarships is greater than ever.
Would you consider providing hope and opportunity to one of these desperate children?
It’s easy! Participate in Arizona’s Corporate Tax Credit Program through Arizona School Choice Trust. With your help, all of Arizona’s children will have the opportunity to receive a great education, the foundation for a better life. Please consider partnering with us and investing in more children like Anthony. Your corporate contribution will go a long way to seeing that every child has a chance at success.
The steps are simple, visit the website at www.asct.org to find out how your company can quickly and easily take advantage of Arizona’s Corporate Tax Credit Program. It costs your company nothing…but the difference it makes is everything.
For more information, contact
Elizabeth Dreckman at 480-223-2769 or visit www.asct.org
*Please consult your tax advisor for advice on filing and using your credit. This is only a guide and it does not constitute tax advice.
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