For
Corporate Donors

Does your company pay income tax or premium tax in Arizona? You have the opportunity to make a difference at NO COST! How? By giving what you would pay in Arizona state taxes to benefit students!

Tuition scholarships generated from your donation will benefit students from low-income families, students with disabilities or students who have been or are currently in the Arizona foster care system.

Corporate Donation Pledge Card

FY 2020/21 Statewide Donation Cap

Corporate Low-Income Credit: $123,042,188

Corporate Disabled-Displaced Credit: $5 million
(applications accepted beginning July 1st)

*There's no set giving maximum for an individual company.

FY 2021/22 Statewide Donation Cap

Corporate Low-Income Credit: $135,346,407

Corporate Disabled-Displaced Credit: $5 million
(applications accepted beginning July 1st)

*There's no set giving maximum for an individual company.

RESOURCES

1. Arizona Department of Revenue Page

2. Sample Forms

• C-Corporation

• S-Corporation

• Insurance Company

Who Can Donate?

• C-Corporations, S-Corporations, LLCs that file as an S-Corporation and Insurance companies who pay taxes on their premiums collected in Arizona are eligible to donate/redirect their Arizona state tax liability to the Corporate Private School Tax Credit Program.

The Process:

• Complete a Donation Pledge Card. Please note that in order to receive the tax credit, the donation amount must be less than or equal to the amount you will pay to the state of Arizona.
• APESF will submit your application for approval to the Arizona Department of Revenue and will contact you with the response.
• Following an approval, your company has 20 calendar days to make its donation to APESF. (If the donation is not received in 20 days by APESF, the contribution approval will be canceled, and the process will start over again.)
• Once we receive your donation, your company can take the dollar-for-dollar credit on its next tax return or can utilize the tax credit within the next five years.
• Contact us at (480) 699-8911 or ali@apesf.org at any time with questions!

Giving Deadline

The credit pre-approval process begins July 1st each year.

All donors hoping to take the credit should submit a Donation Pledge Card to APESF by June 30th.