Ohio Tax Credit Program
Scholarship Granting Organization (SGO)
Giving to a Scholarship Granting Organization makes it easy to support tuition scholarships at Columbus Torah Academy! A Jewish education empowers our children to connect to their Jewish identity. You have until April 15, to allocate your tax dollars to our Scholarship Fund.
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SGO is an acronym for Scholarship Granting Organization. SGOs are 501(c)(3) organizations that raise and distribute scholarship funds primarily to k-12 students. Columbus Torah Academy has partnered with EveryChildEveryFamily and the OAIS SGO.
How do SGOs work?
The State of Ohio now allows individual donors to make donations up to $750 through an SGO (up to $1,500 a couple) and receive a 100% tax credit – dollar for dollar – towards a taxpayer’s Ohio tax liability. To receive the maximum tax credit benefit of $1,500 for a couple filing jointly. Deadline to contribute is April 15 of the qualifying tax year.
How can you benefit from contributing to an SGO?
Step 1: Check your Ohio tax liability on your Ohio return that it is more than the maximum amount.
Step 2: Make contribution to one of the SGO links above to designate Columbus Torah Academy
Step 3: Include receipt with Ohio return for the coming tax filing to get the 1:1 credit.
Direct any questions to info@torahacademy.org or speak to Shari Herszage at sherszage@torahacademy.org