Good news for New Hampshire-based businesses and individuals supportive of Christian education and private school choice! The New Hampshire State Legislature has enacted a law that allows individuals or business organizations to make monetary donations to approved scholarship organizations. For these contributions, the donor will receive a tax credit against the Business Profits Tax and/or Business Enterprise Tax, or Interest and Dividends Tax, for 85% of their donation. On the whole, PCA students and families have been awarded roughly $90,000 in scholarships as a result of this program!
There are two organizations approved to award scholarships to eligible families whose children will be attending private Christian schools in New Hampshire:
PCA is a member of The Giving and Going Alliance because of its focus on faith-based education, yet both organizations have supported PCA and its students. By donating to one or both of these organizations, you can receive a tax credit AND make it possible for parents with limited means to choose PCA for their children. Steps you can take now:
Find out more about how the NH Education Tax Credit Program works for individuals and for businesses such as yours here.
Apply for tax credits by completing the NH Department of Revenue Form ED-02. View a step-by-step guide to the Form ED-02 and an FAQs page here.
Please contact Dan Schmunk, Director of Advancement, at 603-742-3617 X109 with any questions you may have about this opportunity to receive a tax credit and support Christian education in NH.