Catholic Education Foundation-SGO

The State of Ohio passed a bill that allows a tax credit for qualified donations to a certified SGO. Ohio taxpayers who donate to SGOs may be able to claim a dollar-for-dollar, non-refundable tax credit on their state income tax return for up to $750 per donor (up to $1,500 if married and filing jointly). Important: married couples would need to make their own $750 contribution to claim the maximum amount. Separate acknowledgement letters will be provided for documentation of your gifts. See section of the 5747.73 of the Ohio Revised Code.

Please consider making your gift by selecting St. Bernard School.

Why is this important?
A tax credit is more beneficial to our donors than a tax deduction. It means the donor pays up to $1,500 less in Ohio State taxes.

Are corporations eligible for the credit?
No, corporations are not eligible. The only groups eligible for the tax credits are individuals and pass-through entities.

How can I make my contribution?
Go to the Catholic Education Foundation website and make your donation, or download the form here. Please remember to select St. Bernard School.

For more information, here is a link to the Ohio Revised Code 5747.73.

To claim the "Ohio Scholarship Donation Credit" on your 2024 Ohio Income Tax Return, your SGO contribution must be made by December 31, 2024. The credit may be claimed annually on your Ohio Income Tax Returns. Therefore, a SGO contribution made during calendar 24, would be claimed for credit on your 2025 Ohio Income Tax Return.

Please consult your tax advisor for questions pertaining to your personal situation.