Virginia Education Improvements Scholarships Tax Credits:
The Virginia Education Improvements Scholarships Tax Credits is a mutually beneficial way for Virginia taxpayers to donate to a tuition assistance program that assists new students and returning students whose family income is less than 300% below the poverty line.
The minimum donation amount is $500. The maximum donation amount for individuals and married couples is $125,000 per year. There is no maximum limit for any business entity, including sole proprietorships. Individuals can use the Tax Credits against their Virginia personal income tax liability. Businesses can use the Tax Credits against various tax liabilities. The full list can be found on the McMahon Parater Foundation website within the Diocese of Richmond.
Further information and donation forms can be found to the right of this page.
Contact: Tracey Dooley at firstname.lastname@example.org or 757-821-1100, Ext 213