The Education Liberty Fund (ELF) is a non-profit 501c3 School Tuition Organization (STO) certified by the Arizona Department of Revenue to receive tax-credit contributions for private schoool scholarships.
Arizona Tax-Credit Opportunities
Tax credit contributions are subtracted from what you owe in taxes, dollar-for-dollar.
- Tax-credit contributions increase your refund, or reduce taxes still owed, dollar-for-dollar, by the amount you contribute, up to your income tax amount (estimate your state income tax here).
- Contribution to ELF up to $1089-single or $2177-joint.
- The same ELF contribution also reduces your federal taxable income if you itemize deductions on a 1040-A.
- Contribute up until the April, 15th filing deadline for the previous tax year.
ARS 43-1603(C) NOTICE
A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of donor recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependent.