CONTRIBUTING TO INSPIRE KIDS MONTESSORI SCHOLARSHIP FUND
As a state-certified student tuition organization (STO), Inspire Kids Montessori Scholarship Fund, asks community members and friends, as well as corporations, to designate their Arizona state tax liability as a tax credit to IKM to fund Kindergarteners within our Montessori Kindergarten program. Once participants (individuals and corporations) contribute to BCF the amount allowed by Arizona law, they can then subtract that from their Arizona state tax liability. It’s a wonderful way to support need-based tuition assistance for students without ultimately costing the participant anything out of pocket.
Important information
Important information
A school tuition organization cannot award, restrict, or reserve scholarships solely on the basis of donor 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.
Total Original Scholarships Awarded 23/24 $10,800.00
- 7.41% ($800.00) went to families with income up to 185% of the poverty level
- 18.52% ($2,000.00) went to families with income up to 185% to 342.25% of the poverty level
Total Switcher Scholarships Awarded 23/24 $3,262.00
- 6.13% ($200.00) went to families with income up to 185% of the poverty level.
- 19.58% ($638.71) went to families with income up to 185% to 342.25% of the poverty level.