Scholarship Granting Organization (SGO)
State of Ohio taxpayers can receive a dollar-for-dollar tax credit on their Ohio income taxes equal to the amount they donate to a Scholarship Granting Organization (SGO). 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 confident young women molded in the vision of St. Angela.
How the Ursuline SGO works
Donating to the Ursuline Foundation SGO is a simple but impactful way you can help carry on the legacy of St. Angela Merici and the Ursulines of Brown County. Here are the steps to follow:
- Select an amount to donate. You can receive a dollar-for-dollar tax credit equal to your SGO donation, up to $750 per individual taxpayer or $1,500 per married couple filing jointly (per section 5747.73 of the Ohio Revised Code).
- Make your donation to the Ursuline Foundation. Under the direction of the State of Ohio, married taxpayers must make TWO SEPARATE $750 donations, one in each of their names to be eligible for the full $1,500 tax credit. A single donation made for $1,500 will be limited by the State of Ohio to a $750 tax credit. You can donate to the SGO online or by check. Checks must be made out to Ursuline Foundation and should be mailed along with this form to:
Ursuline Foundation
5535 Pfeiffer Rd
Blue Ash, OH 45242
Donations made by April 15 can count towards the prior tax year.
- Submit your acknowledgement letter with your Ohio tax filing. You will receive a signed letter from the foundation verifying your donation amount. This letter can serve as documentation for a non-refundable Ohio income tax credit.
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. A tax professional can also advise you about whether your gift is eligible as a charitable contribution on your federal income tax return.
Thank you for your support!
Frequently Asked Questions
- What do you mean by 100% Tax Credit?
- What is Ursuline Academy SGO?
- May I designate my contribution to a specific student?
- How do I receive the tax credit from the State of Ohio?
- What is the deadline to make a gift to the Ursuline Academy-SGO?
What do you mean by 100% Tax Credit?
What is Ursuline Academy SGO?
May I designate my contribution to a specific student?
How do I receive the tax credit from the State of Ohio?
What is the deadline to make a gift to the Ursuline Academy-SGO?
Questions about the SGO?
Contact Trish Brands Miller '90, Director of Advancement.
