Tax Credit Scholarships for Valley Lutheran High School!
Dear Friends of Valley Lutheran High School,
Welcome to Valley Lutheran High School in Phoenix, AZ, where we nurture academic excellence, spiritual growth, and moral character through Christ's teachings. Our close-knit community empowers students to become compassionate leaders, stewards of God's creation, and beacons of hope. We aim to foster a lifelong love for learning and a strong commitment to Christian values, preparing students to shine as lights unto others.
We invited you to support Valley Lutheran High School students with your tax dollars at no net cost to you or your business . Your tax credit contribution will have a huge impact on families ability to send their precious children to a school that best meets each child's unique needs.
The net cost to you is ZERO, yet it's invaluable to our students! A win-win! Your full contribution comes back to you as a tax credit, reducing your Arizona tax dollar-for-dollar, when you contribute to STO4KIDZ. Consequently, your contribution results in tuition scholarships to our students with verified financial need.
Since this provides a dollar-for-dollar tax credit against your state tax obligations, it won't affect your finances or other charitable donations. In essence, the cost to you and/or your company is zero, but it means the world to a child. Thank you for your consideration.
View the brief program explanation videos at the end of this letter, visit the FAQ page, or call us for inquiries.
1) PERSONAL TAX CREDIT:
To make a tax credit contribution, and recommend Valley Lutheran High School student(s) please select HERE. (Step-by-step guide how to give) For additional information visit STO4KIDZ here. STO4KIDZ will email you a receipt for your taxes. This is not a donation, but it's income taxes that we all have to pay anyhow, even if you plan to file for an extension, as long as you contribute by April 15 of each year, (or the designated date set by IRS) you can take the tax credit. (ARS 43-1089) & (ARS 43-1089.03).
Your employees can also give without affecting their take-home paycheck. Please consider offering your employees this opportunity to support tuition scholarships (A.R.S. 43-401). To Learn more visit our Withholding page or contact us.
2) CORPORATE TAX CREDIT:
Arizona Corporate Tax Credit Program allows eligible businesses with an Arizona tax liability to allocate up to 100% of their taxes by contributing to a qualified STO (School Tuition Organization 4 Kidz) AKA STO4KIDZ, and receive a dollar-for-dollar tax credit, at no-net-cost to participants. The company does not have to be based in Arizona, provided it pays Arizona tax liability. (A.R.S. 43-1183 & A.R.S. 43-1184)
- S-Corporations & LLCs that pay taxes as S-Corp,
- Insurance companies that pay Arizona income taxes on premiums can take the tax credit and allocate taxes towards education.
If you are ready to take the dollar-for-dollar tax credit, please complete the Non-Binding Pledge Form here.