Student Tuition Organization

Isaac Newton Christian Academy is a new member of the Heart of Iowa Student Tuition Organization (STO), which provides scholarship money for qualifying families.  The STO is a 501c3 not for profit organization made up of a group of Iowa Christian Schools, which raises money utilizing an exciting new tax credit program made available by the State of Iowa.   Donors contribute to the STO, designate Isaac Newton as the beneficiary of their gift, and receive a 65% state tax credit certificate from the STO.  Depending on your tax bracket and how you itemize, you may receive your entire donation back in the form of Iowa tax credits and Federal tax deductions!  The State has earmarked 7.5 million dollars in tax credits for all participating STO’s, which will be available for this program in 2008. We will begin raising funds in January of 2008, for use during the 2008-09 school year.

Our representative on the Board of Directors for the Heart of Iowa Student Tuition Organization is Lance Greco.  He can be contacted at lance.greco@agedwards.com.  

Look for more information for both donors and recipients this fall.