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Georgia K-12 Education Tax Credit Program Expanded to $120 Million

April 5, 2022 by admin

For Immediate Release

On behalf of the many families and students it serves, AAA Scholarship Foundation today offers sincere thanks to Governor Brian Kemp, Lieutenant Governor Geoff Duncan and Speaker David Ralston on the passage yesterday of HB 517, a bill that will increase the Georgia K-12 education tax credit program to $120 million from $100 million.  The legislation would also make permanent an increase to the program that was set to expire soon and expand the types of entities that can contribute to these important educational scholarships.

HB 517 will allow the AAA Scholarship Foundation to serve more families through critical needs-based scholarships and help these students accomplish their educational goals with greater success.  “I am deeply grateful for the work that Governor Kemp and the Georgia General Assembly have done by continuing to invest in student excellence and to give families educational options.  We are especially grateful for the efforts of Representative John Carson and Senator Chuck Payne who sponsored the legislation and helped it to receive final passage,” said Kim Dyson, President of AAA Scholarship Foundation.

“I am very proud of my fellow lawmakers in approving an increase in Georgia’s tax credit scholarship program. Under HB 517, more families will be able to choose the school that best meets their child’s needs, Georgia taxpayers will be able to contribute more per family, and the state will have increased transparency, disclosure and cost savings.  Truly a win for everyone, especially Georgia’s kids in need of educational opportunities”” said bill sponsor Rep. John Carson.

HB 517 has been transferred to the Office of Governor Brian Kemp and is awaiting signature.  For more information on AAA Scholarship Foundation, please visit https://www.aaascholarships.org/.

Click here for a pdf of this press release

Filed Under: Blog

Thank you for the thank you’s!

March 23, 2022 by admin

We want to say “Thank You!” to everyone who helps us thank our generous donors!

We are so very grateful to every recipient of an AAA scholarship who sends in a letter, card, or video that expresses how much their child’s scholarship means to them and to their future.

Click here to view our 2022 Donor Thank You video.

Sharing how your child’s scholarship positively effected their life lets our donors know that their continued support is vital.

If you, your child, your school, or someone you love was positively affected by an AAA scholarship, please upload or mail us a short Thank You card/letter/video for our donors. Include a little bit about how the scholarship has positively affected your child(ren). These letters/cards/videos will be used to help us raise funds for the next school year and into the future.

Thank you!!

Filed Under: Blog

The Nevada Supreme Court Has Ruled in Favor of Nevada’s Taxpayers Once This Month. Will They Do It Again?

May 15, 2021 by admin

**UPDATE** Unfortunately, on Thursday, October 7, 2021, the Nevada Supreme Court ruled against Nevada parents, schools, and taxpayers by allowing AB 458 to stand. Although this decision was disappointing, we will not give up our mission to help families with modest means afford to send their children to the educational settings that best fit their learning needs.

We pledge to continue to ask legislators to vote in-favor of allowing the contribution “cap” for the Nevada Educational Choice Scholarship Program to increase annually so that we can once again add new students. We ask that all interested parties do the same by letting your elected officials know what a scholarship would mean to you and to your family. Here is a link if you need to look up the name of your Nevada elected officials. A short email or phone call to one of more could make a big difference in that effort. Thank you!

* * * * *

On Thursday, May 13, 2021, the Nevada Supreme Court ruled in favor of Nevada’s taxpayers, stating that “[b]ased on the plain language of the supermajority provision, we conclude that it applies to the subject bills [SB 551 and SB 542] because they create, generate, or increase public revenue. Because the bills did not pass by a two-thirds majority in the Senate, those portions of the bills that would require a supermajority vote are unconstitutional.” The Justices went on to state, “[a]nd, by using the word ‘any,’ the provision has broad application and applies to all bills that create, generate, or increase the public revenue at any time.”

First page of the Nevada Supreme Court decision 21-13709

The first page of the Nevada Supreme Court decision 21-13709

We wholeheartedly agree with their opinion! So much so that we joined with Nevada parents, schools, and business taxpayers to ask the Institute for Justice to help us file a lawsuit against AB 458 arguing that it is also unconstitutional because it has the same result as both SB 551 and SB 542: it is a bill that increases public revenue but did not pass by a two-thirds majority in the Senate!

The two cases are remarkably similar in that, but for these bills, the state would not have received increased revenue. The details of the cases are slightly different in that AB 458 removed the automatic ten percent annual increase in modified business tax (MBT) credits available to Nevada employers who donate to eligible non-profits like AAA Scholarship Foundation to fund the Nevada Educational Choice Scholarship Program, whereas SB 551 and SB 542 removed the sunsetting of an increase in the MBT tax rate and a DMV fee, respectively.

We applaud the Nevada Supreme Court’s reasoning in its concise and accurate decision finding both SB 551 and SB 542 unconstitutional. It would defy all logic if it did not use that exact same reasoning to find AB 458 unconstitutional as well.

So we have to ask the Nevada Supreme Court Justices, will you rule in favor of Nevada’s taxpayers again this month?

Three AAA Nevada Scholarship Students

 

Filed Under: Blog

Scholarships Save Lives (and now we have proof!)

December 4, 2020 by admin

A new peer-reviewed study released by the journal  School Effectiveness and School Improvement indicates that an increased ability to choose the educational settings that is the best fit for a child has a positive effect on the mental health of the child as they reach adolescence and into adulthood.

The study examined suicide rates of adolescents and adults in states where private voucher and charter school laws had been enacted. Controlling for other factors, the study found that “[s]tates adopting charter school laws witness declines in adolescent suicides…” and “…private schooling reduces the likelihood that individuals report having mental health issues as adults.”

At AAA, we hear from families every day that receiving a scholarship positively affects them – in more ways that just changing where their child attends school. We have always known anecdotally that these scholarships save lives but now we have empirical proof! Please help us save more lives by telling a friend or family member about our scholarships.

You can find a link to the full study (and many others) here.

Filed Under: Blog

AAA’s response to a change in Florida’s Income-Based Scholarship Program

November 18, 2020 by admin

AAA Scholarship Foundation is committed to resolving an issue brought to our attention by the Florida Department of Education in a way that honors the legislative intent of CS/HB 7067, while maintaining fidelity to the charitable trust of our donors, compliance with both the Florida Solicitation of Contributions Act and the Internal Revenue Code, and most importantly, dedication to our scholarship recipients.

We have been in communication with the Department regarding this issue and have offered several possible solutions that would allow us to maintain the integrity of our values and beliefs.  Our proposed solutions would allow us to continue to be representative of our charitable mission/exempt purpose, while complying with the letter of the law – that renewal students are eligible for the Florida Tax Credit Scholarship Program regardless of income. Unfortunately, our solutions have not been accepted by the Department, but we remain hopeful that together we will arrive at a path that is in the best interest of the scholarship students.

Just as we celebrate the diverse students and communities we serve, we ask the State Board of Education and Florida Department of Education to continue to support the idea that having a choice of different Scholarship Funding Organizations administering the Florida Tax Credit Scholarship Program makes it a stronger, more robust Educational Choice Program for the citizens of Florida.

Filed Under: Blog

AAA Georgia Scholarship Graduate, Warren Brinson, Pays-It-Forward

September 25, 2020 by admin

What an incredible example of paying it forward! Warren Brinson is an AAA Scholarship graduate who has continued on to higher education with a full football scholarship to the University of Georgia this year.

In between classes and football practice, Warren and his teammates recently spent time getting groceries to donate to the UGA “Dawgs for Pups” food drive to help underprivileged youth during these difficult times. Here is a link to a video that Warren made of the shopping expedition!

We are thankful for the opportunity to be a part of Warren’s story and can’t wait to see all he will accomplish on and off the football field. Way to go Warren!

Filed Under: Blog

We Stand with the Black Community

June 6, 2020 by admin

AAA Scholarship Foundation is built on empowering economically-disadvantaged children to access the educational opportunities that may otherwise be out of their reach. We are a strong organization because our scholarships strive for equity, are inclusive, and because we exist to serve a diverse group of families and children.

It breaks our hearts that so many children and their family members are the targets of anti-black racism. Racism has no place in America – or anywhere. It destroys lives. It steals opportunities. Ultimately, it weakens the bonds of our nation and breaks the very fabric that should be holding us together.

We stand with the Black community to condemn racism in its every form and manifestation. We support the act of peacefully protesting against oppression, injustice, and brutality. We commit to continue the hard work of breaking down the barriers to the educational opportunities that so many Black and Brown children face daily.

We believe in the American dream for EVERYONE and that a high-quality education is the surest means to achieving it. We pledge to re-double our efforts to help make that dream come true for all of the children that we serve.

Filed Under: Blog

City of Miami establishes a program to assist the community during COVID-19

May 3, 2020 by admin

HOT OFF THE PRESS! The City of Miami is the first city in the nation to establish a program to assist families with rent and utility assistance. The city is establishing a website and application process which will begin on May 4th, 2020.

Video in English: https://youtu.be/80hHOku0dpE?t=847

Video in Spanish here: https://youtu.be/80hHOku0dpE?t=1092

Rental / Utility Assistance Program:

  • Residents with 60% or below of area median income can apply.
  • Up to $1,500 and the funds will be paid directly to landlord and/or utility company.
  • Funds will be ready by mid-May to still be able to pay the May rent before late fees are incurred.

Micro Small Business Loans:

  • Micro and Small Business loans also starting soon, special meeting next week to approve.
  • Call 305-416-2080 or email CommunityDevelopment@MiamiGov.com

Grant Program for Business with 5 Employees or Less:

  • Businesses with 5 employees or less can receive a grant up to $10,000 – to cover rent and other costs.  (Business must have not received PPP funds).

Small Business Loan:

Small Business loan that is potentially forgivable, if one job is created, pays for costs not included in the PPP and supplemental to the PPP.  Up to $20,000 loan is forgivable is a job is created.

Filed Under: Blog

COVID-19 Amendments to Check Cashing Policy

April 25, 2020 by admin

AAA Scholarship Foundation is grateful to be able to continue its work to benefit low-income students during the COVID-19 pandemic.

To provide students and their families some peace of mind while ensuring that every school receives payment for educational services rendered, we are temporary amending AAA’s Scholarship Check Cashing Policies as follows:

1) The requirement that scholarship checks remain on school premises is relaxed temporarily. Instead, we ask that these checks simply stay in the custody of a school representative. That means that if a school representative is dropping off and picking up packets of school work to/from students, they may bring the checks with them for the Parent/Guardian to endorse the check over to the school. Schools should stamp the back of each check with their school’s “For Deposit Only by [school name]” bank stamp before removing them from school premises.

Just a reminder that these checks are payments from the Parents/Guardians to their child(ren)’s school for services rendered. Only the Parent/Guardian named on the check may endorse it over to the school. Please contact us at 888-707-2465 or info @ aaascholarships.org if you have any questions or concerns.

We at AAA want to thank all the school teachers, administrators, and staff for their continued service to the AAA Scholars and their families. We wish you all continued good health!

Filed Under: Blog

Show Your Support for Georgia Tax Credit Scholarships

February 27, 2020 by admin


DON’T LET THE SUN SET ON GEORGIA’S TAX CREDIT SCHOLARSHIP PROGRAM!

Georgia took a huge step forward for families two years ago and increased the Qualified Education Expense tax credit scholarship program from $58 million to $100 million for the next 10 years. This increase had led to thousands of children having opportunities in new schools that best meet their needs. This year, we’re looking to remove the stepdown of the program cap in future years and keep the program at $100 million. But we need your help.

We are asking parents, schools, and students (creative notes from the kids are best!) to send thank you letters, notes, etc. to their lawmakers in support of the program. You can find your lawmakers by using this site, www.openstates.org, and typing in your address.

Please send your notes and thank you letters by Friday, March 20th to:

GEORGIA HOUSE OF REPRESENTATIVES

c/o REP. JOHN CARSON

STATE CAPITOL, SUITE 401-E

ATLANTA, GA 30334

We’d like to inundate the Capitol with thousands of letters!

Let’s make this a huge effort with cards and letters from Georgia’s kids (the first name only for privacy is fine) and others. Thank you!!

Click here for a pdf of this post.

 

Filed Under: Blog

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GA: Upon request, AAA will send you a full and fair description of this charitable program and a financial statement which shall be consistent with the financial statement required to be filed with the Secretary of State pursuant to Code Section 43-17-5. O.C.G.A. § 43-17-8. AZ: A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of a donor's recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer's own dependent. FL: A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE 1-800-HELP-FLA OR ONLINE AT www.FloridaConsumerHelp.com, REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. FL REGISTRATION #CH38386 NV: A contribution or donation to AAA Scholarship Foundation, Inc. may be tax deductible for federal income tax purposes.

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