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Holy Family Cathedral » News, Stewardship » Go For Catholic Schools Donation Deadline is Approaching

Go For Catholic Schools Donation Deadline is Approaching

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Do you Love Catholic Education? Do you Love paying lower taxes? How can both of these be compatible you ask? Go For Catholic Schools┬áis the answer. But rather than explain it here I will let Fr. Brian O’Brien explain it in this video.

How does Go for Catholic Schools Work?

  • Your donation benefits students in Catholic schools in the Diocese of Tulsa!
    • Every single dollar that you contribute to GO funds scholarships for qualified students to attend one of the 12 Catholic schools in the Diocese of Tulsa.
    • You can choose schools that you want to receive most of your donation or simply help GO fund the need in all 12 Catholic schools, wherever it is exists.

 

And Your Donation Benefits YOU!

You get a Tax Credit plus a Tax Deduction
  • You get a state income tax credit of up to 75% (or 50%) of your donation amount to GO.
  • The tax credit earned by contributing to GO this year directly reduces your state income taxes on a dollar-for-dollar basis when you file your income tax return next year.
  • You can still deduct your entire donation to GO as a charitable contribution.
  • Assuming you itemize deductions, your charitable contribution to GO reduces your federal and state income taxes by reducing the amount of your adjusted gross income.

 

NO donation is too small, but time is running out to give. All donations need to be in by December 31, 2016 to qualify for a deduction this year.

You can even designate that most of your donation goes to Holy Family Cathedral School.

Filed under: News, Stewardship

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