Isaac Newton Christian Academy is a member of the Heart of Iowa School 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 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. The donor can also take the full amount as a charitable deduction if they itemize on their federal tax return.
It's a win-win for both donors and students!
The State has approved $12M in tax credits to be divided among the STO's in the state. The amount Isaac Newton has to raise for the 2016-2017 school year is $119,160. If you would like to donate, contact Kathryne Oates Director of Development, at (319) 362-9512, or email her at email@example.com.
This has been a popular program for donors and most return year after year to participate. Once we have raised our full amount, we can begin taking pledges for the 2017-2018 school year.
The STO program is a fantastic way to direct some of your tax dollars to the worthy cause of Christian education!
(If you would like to see if your student qualifies for an STO scholarship at Isaac Newton, click here.)