Our donors are companies and individuals who care about their community and desire the opportunity to partner with AAA Scholarship Foundation, low-income families and families with disabled students in an effort to create a brighter future for all of our children.
The Alabama Educational Scholarship Program allows any company that pays Alabama corporate income tax to redirect up to 50 percent of this liability to AAA so that we can provide K-12 education scholarships for economically disadvantaged children. Corporations receive a dollar-for-dollar tax credit from the state. The program opens on January 1, 2018, with $30M in available tax credits. Participation is easy – simply go to the AL Department of Revenue (DOR) online portal for taxpayers, My Alabama Taxes (“MAT”), select “SGO Donation” and “AAA Scholarship Foundation” and enter the amount you would like to redirect. If the program cap has not been met, you will receive a confirmation immediately and AAA will be notified that you have reserved a credit. Once approved, payment must be made to AAA within 30 days. This program has a 3-year credit carry forward provision.
Each state has individual guidelines determined by the laws of that state and the accountability guidelines of the AAA Scholarship Foundation. Please click on the link below to view details on participation.
Please contact our office at 888-707-2465 for additional assistance in donating today!
Alabama Educational Scholarship Program – Click Here