Scholarship Granting Organization (SGO)
Ursuline Supporters May Be Eligible for an Ohio Tax Credit!
The State of Ohio approved a tax credit for qualified donations to certified Scholarship Granting Organizations (SGOs) like the Ursuline Foundation's new SGO. Ohio taxpayers who donate to SGOs may claim a dollar-for-dollar, non-refundable tax credit on their state income tax return for up to $750 per donor and up to $1,500 if married and filing jointly (per section 5747.73 of the Ohio Revised Code).
A tax credit may be more beneficial to you than a tax deduction because you may pay up to $1,500 less in taxes.
Consult with your tax advisor to determine: (1) your eligibility for the state tax credit, (2) its value to you, and (3) the details of your gift.
How Do I Support Ursuline Under This Tax Credit?
The Ursuline Foundation has been certified by the state of Ohio as a Scholarship-Granting Organization (SGO).
Make your gift online or mail a check and this form to the Ursuline Foundation. Checks must be made out to Ursuline Foundation and should be mailed to:
Ursuline Foundation
5535 Pfeiffer Rd
Blue Ash, OH 45242
Shortly after your gift has been received and processed, the Ursuline Foundation SGO will mail you a gift acknowledgement letter. This letter can serve as documentation for a non-refundable Ohio income tax credit (up to $750 per donor across all SGO donations for the tax year and up to $1,500 for married couples filing jointly). A tax professional can advise you about the Ohio tax credit and whether your gift is eligible as a charitable contribution on your federal income tax return.
If you have any questions, please reach out to Trish Miller.
We Appreciate Your Support!
Your generous support of the Ursuline Foundation SGO provides tuition assistance that allows our students—who might otherwise not be able to afford an Ursuline education—the opportunity to become proud Ursuline students and alumnae.
We thank you and hope the Ohio Income Tax Credit will encourage you to help us educate women in the Catholic tradition that St. Angela Merici envisioned so many years ago.