Donate to Invest in Kids Tax Credit Scholarship
Limited time opportunity to TRIPLE your gift and help a child receive a Catholic School Education.
The new Invest in Kids tax credit scholarship (TCS) program allows you to make a gift designated for scholarships for Northside Catholic Academy students and receive a 75% of that gift returned to you as in Illinois state income tax credit, not a deduction. At NCA, 30% of our families receive financial aid to attend our school. We want to raise enough funds to provide a scholarship to all qualified students, and we need your help.
A group of generous donors have agreed to pool their resources and offer a 2-for-1 matching program to schools run by the Archdiocese of Chicago. For every dollar designated to NCA through the Empower Illinois Scholarship Granting Organization (SGO) between December 1, 2020 and February 28, 2021, NCA will receive two dollars in matching funds up to $50,000.
Here is an example of how powerful this program is: a donor with about $75,000 in income could donate $5,000 which would 1. eliminate Illinois state income tax liability (approximately $3750) and 2. provide $15,000 in scholarship support (after the $10,000 match). For a total of $1,250 (their donation of $5,000 minus the $3,750 in state credit), this donor has now provided three students with $5,000 in scholarships to attend Northside Catholic Academy.
In short, when you make a gift to the tax credit scholarship program, you can:
- Help a student in need achieve a life-changing NCA education,
- Receive an Illinois state tax credit,
- Triple the impact of your gift through the matching program.
For more information and step by step instructions on how to make this tremendous gift please visit https://schools.archchicago.org/tax-credit-scholarships or call 312.534.2617. You can also contact Leigh Holzman at 773-743-6277 or email@example.com.