Yavapai College - Certifiable

Home | Classifieds | Place an Ad | Public Notices | Subscriber Services | 928 Media Lab | Real Estate Search | Galleries | Obits | Courier Cooks | TV Listings | Contact Us
The Prescott Daily Courier | Prescott, Arizona

home : latest news : latest news April 15, 2014


12/11/2012 10:00:00 PM
Money where your math is: Donations help schools, earn tax credits
Les Stukenberg/The Daily CourierThird grader Ethan Lowe considers what to add to the tree house he is building at the Miller Valley School after school Lego club that is funded by donated tax credit money.
Les Stukenberg/The Daily Courier
Third grader Ethan Lowe considers what to add to the tree house he is building at the Miller Valley School after school Lego club that is funded by donated tax credit money.
Courtesy Sacred Heart School Sacred Heart Catholic School students gather for a school picture. Nearly 66 percent of students receive tuition support from donation tax credits from the Catholic Education Association, said Beverly Aviles, development director for Sacred Heart Catholic School.
Courtesy Sacred Heart School
Sacred Heart Catholic School students gather for a school picture. Nearly 66 percent of students receive tuition support from donation tax credits from the Catholic Education Association, said Beverly Aviles, development director for Sacred Heart Catholic School.
Lisa Irish
The Daily Courier

After 11 Miller Valley students performed the dance to Michael Jackson's "Thriller" in the multipurpose room Monday after school, fourth-grader Denis Vera Reyes said she liked learning new dance moves with her friends.

"You get to have fun," said Jade Robertson, a dance student and a fifth-grader.

Before they started their next dance, Elizabeth De La Cruz said she loved dancing, and Rachel Chunglo, their teacher, said the students learned a little ballet, salsa, the electric slide, the macarena and so much more.

Prescott-area schools hope people are aware that there is still time to receive a tax credit for making donations that help pay for public and charter school students' extracurricular activities, private school students' tuition payments, and qualified 501(c)(3) charities continued good works.

"Donations help pay for the after school Gold Mine clubs and enrichment activities that allow students to stay for an extra hour and do cooking, dance, Legos, soccer, tumbling and get homework assistance," said Jeff Lane, principal at Miller Valley School. "They help keep our schoolyard garden program going, and pay for field trips, including the fifth-grade's culminating activity where students go camping at Mingus Mountain."

Most people know that they can donate $200 if single or $400 if married to public and charter schools or qualified 501(C)3 nonprofits and reduce their Arizona state tax with a credit in the amount of their donation.

Many may also realize that they can also donate $1,003 if single or $2,006 if married to a private school for tuition assistance and receive a state tax credit.

But few likely know that they can receive tax credits for donations to both in the same year if they have that amount of tax liability, said Beverly Aviles, development director for Sacred Heart Catholic School.

"Tax credits are based on your state tax liability, not the tax amount still due when you file your taxes," Aviles said. "Just because you did the public school tax credit doesn't mean you can't do the private school one also. If you have the liability, you can do all tax credits."

For more information on the tax credits and forms to claim them, go online to the Arizona Department of Revenue website at www.azdor.gov/TaxCredits.aspx.

All donations must be made by Monday, Dec. 31, to apply to this year's taxes, but people filing a state extension can donate to private schools up until April 15, 2013.

"It's a win-win situation," said Joan Fleming, a Prescott Unified School District Governing Board member. "Don't forget - $200 can do our kids good."

People interested in donating to public schools can choose a specific school, all schools in the district, or divide it between specific funds to help pay for students' field trips, band, sports, clubs, activities, and pay-to-play athletic fees.

Tax credits for private schools go toward students' tuition and the maximum amount has doubled from last year, Aviles said.

At Sacred Heart Catholic School, 79 out of 156 students receive the maximum support from Catholic Education Arizona - 75 percent off their tuition - and 24 students received tuition help in a lesser amount, Aviles said.

"A total of 103 students are receiving support from Catholic Education Arizona, about 66 percent of the student body," Aviles said.

Students' families apply for tuition support from CEA through a third party that analyzes federal tax returns and an online application that includes whether the family supports relatives, has kids in college, pays for teen drivers' insurance, children's orthodontics, house repairs, and medical expenses, Aviles said.

Some private school tuition organizations allow donors to specify a child to benefit from their donation, but CEA awards tax credit money on demonstrated financial need, Aviles said.

"The great state of Arizona really does make it possible for us to put our tax dollars to work where we want it to go, helping people we want to help, and staying in our community," Aviles said. "We just need to better understand the process.

To donate to Sacred Heart Catholic School, please go online to www.sacredhearteducation.com, and to donate to PUSD go to mypusd.prescottschools.com.







Article Comment Submission Form
Comments are not posted immediately. Submissions must adhere to our Use of Service Terms of Use agreement. The email and phone info you provide will not be visible to the public. Rambling or nonsensical comments may not be posted. Comments are limited to 1300 characters or less. In order for us to reasonably manage this feature we may limit your comment entries to five(5) per day.
Submit an Article Comment
First Name:
Required
Last Name:
Required
Telephone:
Required
Email:
Required
Comment:
Required
Passcode:
Required
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.
   


Advanced Search

    Recently Commented     Most Viewed
Editorial: Rancher's stance mocks public rights (92 comments)
Breaking News: Missing man found dead (8 comments)
Obituary: Joan Marie (née Truppi) Baile (7 comments)
Letter: Big money has killed democracy (31 comments)
Letter: PV is wrong to 'Stand with Israel' (33 comments)

HSE - We want to hear from you
HSE - Circulation Costco Memebership offer
Find more about Weather in Prescott, AZ
Click for weather forecast






Quick Links
 •  Submit site feedback or questions

 •  Submit your milestone notice

 •  Submit your letter to the editor

 •  Submit a news tip or story idea

 •  Place a classified ad online now

Find It Features Blogs Milestones Extras Submit Other Publications Links
Classifieds | Subscriber Services | Real Estate Search | Merchants | Galleries | Find Prescott Jobs | e-News | RSS | Site Map | Contact Us
HSE - Smart Shopper

© Copyright 2014 Western News&Info, Inc.® The Daily Courier is the information source for Prescott area communities in Northern Arizona. Original content may not be reprinted or distributed without the written permission of Prescott Newspapers, Inc. Prescott Newspapers Online is a service of Prescott Newspapers Inc. By using the Site, dcourier.com ®, you agree to abide and be bound by the Site's terms of use and Privacy Policy, which prohibit commercial use of any information on the Site. Click here to submit your questions, comments or suggestions. Prescott Newspapers Online is a proud publication of Western News&Info, Inc.® All Rights Reserved.

Software © 1998-2014 1up! Software, All Rights Reserved