Arizona provides a unique opportunity for individuals and corporations to support education through its School Tuition Organization (STO) tax credit program. At Catholic Education Arizona (CEA), we leverage these contributions to benefit young students and their families. By directing your tax dollars to CEA, you play a crucial role in providing scholarships for students, enabling them to attend quality Catholic schools.
Understanding How Tax Credits Work in Arizona
Arizona’s tax credit program allows taxpayers to redirect a portion of their state tax liability to organizations like CEA. Each year, the state establishes maximum contribution limits for these credits.
According to the Arizona Department of Revenue, the maximum contributions in 2024 are as follows:
-$1,459for individuals who are single
-$2,910 for those who are married filing jointly.
When you direct your tax dollars to CEA, we allocate these funds to provide scholarships based on the needs of students. This program empowers individuals to influence how their tax dollars are spent, allowing you to make a positive impact in your Arizona community.
How Catholic Education Arizona Effectively Utilizes Contributions
At Catholic Education Arizona, we use the contributions we receive to fund scholarships for students attending 38 Catholic schools within the Diocese of Phoenix. These scholarships enable families who may not otherwise afford a Catholic education to send their children to schools that emphasize academic excellence and moral development.
Our institutions foster a diverse student body, welcoming children from various socioeconomic backgrounds to thrive in nurturing educational environments. By investing in these scholarships, you help create opportunities for all students to succeed.
The Impact of Your STO Tax Credit Contributions
Every year, thousands of students benefit from the scholarships funded through Arizona’s tax credit program. Your contributions can transform lives by providing students with opportunities to grow academically, spiritually, and socially. Catholic schools focus on nurturing the next generation of leaders with a commitment to morality, service, and quality education.
How to Participate with CEA
Participating in the Arizona tax credit program is straightforward. Taxpayers can easily direct their tax dollars to CEA through our website or by mail. The dollar-for-dollar tax credit you receive will have a great impact!
To learn more, contact our team at Catholic Education Arizona. Together, we can create brighter futures for students in Arizona!
