Tax Credit Opportunity
If you are a Fenwick supporter and someone who pays Ohio income tax, we have exciting tax news for you! You now have the opportunity to pay less in state income tax while supporting the Fenwick mission!
The state of Ohio has a tax program called Scholarship Granting Organizations (SGO), which provides a tax credit to Ohio taxpayers (individual donors and pass-through organization) who donate to an SGO. If taxpayers donate to an approved SGO, they can receive a credit on their state income tax return for up to $750 per donor, or up to $1,500 if married and filing jointly.
The Archdiocese of Cincinnati has created an approved SGO through the Catholic Education Foundation (CEF) for all schools in the Archdiocese! The Archdiocese has also created a website for the SGO that allows donors to select Fenwick and receive the tax credit while supporting our school at the same time.
Click here to see how you can take advantage of this tax credit opportunity.