Indiana Tax Credit Scholarship Program (SGO)
Did you know that you can receive substantial tax benefits while blessing Heritage?
About The Program
The SGO program has provided many families with the funds necessary to allow their children a Christian education. Your SGO giving provides students these vital scholarships, along with supporting the other goals and initiatives of the Heritage Fund.
This tax credit program was established to encourage private donations to fund educational choice for families attending non-public schools like Heritage. Thanks to recent legislation, even more families are able to qualify for an education centered on Christ at Heritage.
Individuals or corporations (any type) are eligible to take advantage of a 50% tax credit against their state tax liability and may also be eligible for a federal deduction if they itemize. Cash or non-cash assets may be donated.
- No limit on the amount that can be donated by individuals or businesses
- Capital gains tax is waived when donating appreciated stock
- Your tax credit may be carried forward up to nine subsequent years
- Over $13 million dollars in tax credits remain available to Indiana donors of non-public schools like Heritage
In addition to benefiting students, Heritage’s own budget benefits as well. As you may already know, tuition and fees never fully cover all of our operational expenses, which means we need your support more than ever. Once we have met our baseline commitment to students in the program, we can use additional SGO funds to further support students requiring additional assistance, allowing Heritage to reduce its own budgeted financial aid spending. Giving into the SGO program frees up finances for Heritage to use on other critical needs outlined in this year's Heritage Fund.
How To Donate
In order to secure your state tax credit, each donation requires an online donation (see below) OR a completed donor form for checks. Make checks payable to Sagamore Institute SGO and mail the form with the donation to P.O. Box 301076, Indianapolis, IN 46230. (Please leave the check memo line blank). When you give, Sagamore will apply your gift to the state for your tax credit and will issue your income tax receipt.
Sagamore Institute SGO
Sagamore Institute SGO is an Indiana state-certified scholarship granting organization that partners with HCS on this program. When you give, Sagamore will apply your gift to the state for your tax credit and will issue your income tax receipt. More information regarding Sagamore Institute is available at scholarshipsforeducationchoice.com.
For More Information
For more information, contact Heritage's Advancement Department at firstname.lastname@example.org or visit the Sagamore Institute website.
For information about receiving a Tax Credit Scholarship (or Education Choice Scholarship) for your student, visit our Financial Assistance page.