PHOENIX, AZ (March 9, 2020) —Nancy Padberg, President and CEO of Catholic Education Arizona, shared, “We are happy to announce that we now serve the Disabled/Displaced students that qualify for the corporate tax credit. Our Catholic schools provide a safe and welcoming environment and instill in students the value of service to others.”
Credit 341 or Corporate Contribution to School Tuition Organizations for Displaced Students or Students with Disabilities is the legal description. Disabled and Displaced funds are distributed to students with a MET, IEP, 504 plan or students that have at one point been in the Arizona foster care system.
June 30, 2020 is the corporate tax commitment deadline. Since 2006, Corporations filing as an S or C Corp, LLCs filing as an S Corp and insurance companies that pay premium tax can direct up to 100% of their state tax liability to Low Income and recently Disabled/Displaced scholarships through Catholic Education Arizona. This is a tax credit, not a donation. Catholic Education Arizona partners with large companies such as APS, GCU, Sprouts, Earnhardt Auto Centers and BBVA to small firms such as attorneys, dentists and general contractors.
“We are grateful for our teachers and school administration for their commitment to the students, families and communities in serving all students,” said Deb Preach, Chief Development Officer.
The Diocese of Phoenix Catholic High Schools boast:
- 99% graduation rate
- 99.7% of graduates matriculate to higher education or military service
- 1000s of hours of community service are conducted annually
“As Catholic schools embrace their mission and serve all students that desire a Catholic Education, the Disabled/Displaced scholarship will open doors for more families,” shared Colleen McCoy-Cejka, Director of Strategic Partnerships.
Catholic Education Arizona has a new address, located at 5353 N 16th Street Suite 330 Phoenix, Arizona 85016.
Catholic Education Arizona is the largest provider of scholarships to underserved families attending private schools. FY22 they will provide Disabled/Displaced Scholarships for students. Last year $18.3 million in tax credit contributions were made to assist 45% of Arizona’s Catholic school students. Since 1998, over $230 million in tuition scholarships has been awarded to 125,000 families. Changing lives one scholarship at a time. www.ceaz.org 602-218-6542
Contact: Debra Preach, Chief Development Officer
Catholic Education Arizona
dpreach@ceaz.org
(602) 469-4594