How to Participate
As a Catholic Education Arizona donor, you will receive a dollar-for-dollar state income tax-credit and a federal income tax deduction. The deadline to participate in the tuition tax credit for the 2011 tax year is now April 15, 2012. In order to receive your federal tax deduction, your gift needs to be received by December 31, 2011.
To make your tuition tax-credit contribution, you can:
- CALL. Call Catholic Education Arizona at 602-218-6542 to contribute with credit card.
- GO ONLINE. Visit http://catholiceducationarizona.org/ to make your tax credit contribution
- MAIL YOUR CONTRIBUTION. Check and credit card contributions may be mailed along with the Printable Payment Form to Catholic Education Arizona, PO Box 53321, Phoenix, AZ 85022
- SET UP A SCHEDULED PAYMENT PLAN. Print and mail the Scheduled Payment Plan form to Catholic Education Arizona, PO Box 53321, Phoenix, AZ 85072 or call 602-218-6542 to choose the plan that is convenient for you.
Be sure to designate NDP as your school of choice - Code 213
For questions, please contact the Development Office at 480-634-8227.
Catholic Education Arizona can be contacted at (602)218-6542 or http://catholiceducationarizona.org/
Dear Friends of Notre Dame,
In a time of great economic uncertainty, Notre Dame Prep has been blessed by very generous gifts of more than $700,000 from a company with an NDP parent in an executive position. Due to their thoughtful contributions, an additional 25 students who meet need-based criteria and who qualify academically will now be able to attend Notre Dame for four years beginning in August, 2011. Each student who qualifies will receive a scholarship of $5900 the first year, and it will increase each of the following years. These gifts are a wonderful reminder of how our NDP community has the power to change lives.
These NDP parents who wish to remain anonymous recognized the good they could do by taking advantage of an Arizona state tax opportunity that allows corporations to designate their tax dollars for the benefit of a specific school. This is inspirational giving and an excellent example of the corporate state tax credit in action. It is important to Notre Dame that other companies that qualify for this tax credit also step forward to help NDP and other Catholic schools.
Any C corporation may make a contribution to a school tuition organization (STO) and receive a dollar-for-dollar tax credit up to the full amount of its tax liability. There is no maximum amount that a corporation can contribute.
This is a unique opportunity that has the potential to be a huge windfall for Notre Dame. Under this program, corporations have been able to redirect their states taxes and now insurance companies can too. Do you know someone in senior management of a national insurance company? If they do business in Arizona, the company pays a state tax that is almost 2% of all the premiums collected. This premium tax can now be re-directed to fund scholarships at Notre Dame!
An important benefit of helping the neediest students with this corporate tax program is that it frees up Catholic Education Arizona scholarship money for even more of our students. This is truly a win-win opportunity for both our school and a student population representing a broad spectrum of financial need.
More than 50 corporations, including Shea Homes, National Bank of Arizona, Insight, Compass Bank and P.F. Chang’s are supporting Arizona's Catholic schools by taking advantage of the corporate tax credit to help our families in need. If you know of an individual who is in a leadership role in a corporation, please let me know. Not everyone is aware of this opportunity that can make a tremendous impact on the lives of many students. The state has an annual cap on this program, and there is only $11 million left for this fiscal year.