In 2012, the Commonwealth of Virginia approved a 65% tax credit for donations made to approved scholarship foundations that provide educational grants to needy students wishing to attend eligible private schools.
In response to this significant opportunity, the Diocese of Arlington Scholarship Foundation was created to provide scholarships to new students from low-income families who meet the financial need requirements established by the Commonwealth of Virginia and wish to attend a diocesan Catholic school. This insert provides an annual financial to exhibit our stewardship of gifts received for donations to this Foundation.
Further, I would like to emphasize that in addition to a charitable deduction, businesses or individuals can receive a 65% Virginia tax credit for donations made to the Diocese of Arlington Scholarship Foundation via check or marketable securities. Each donation must be pre-authorized through the Virginia Department of Education prior to making a donation in order to obtain the tax credit.
I hope you will consider this unique opportunity to give a child the gift of a Catholic education while gaining a very beneficial tax credit for your donation. Please see the second page of this page for further information and feel free to contact us with any questions.
This program has helped many needy families realize the dream of having their children attend Catholic school in our diocese. May the seeds planted today in their hearts and minds help to bring faith, hope and wisdom to our future world.
Sincerely in Christ,
Superintendent of Schools