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ECS SGO Program

Evansville Christian School participates in the Indiana Tax Credit Scholarship Program that was established to incentivize private donations to fund educational choice for families who income qualify attending non-public schools.

Donors make donations directly to the Institute for Quality Education (IQE), our partner Scholarship Granting Organization (SGO), and designate ECS as the recipient school.

The ECS Community Benefits!

Scholarships

Your donations to ECS through the SGO gives over 70% of ECS students the opportunity to receive tuition assistance.

Growth

Gifts that provide tax credit scholarships to students increases the school’s operational budget capacity to meet school needs as ECS continues to grow.

The Donor Benefits!

50% State Tax Credit

Receive a 50% State Tax Credit that can be applied to your Indiana state tax liability. Individuals and businesses qualify.

Federal Tax Savings

You can deduct your SGO donation from federal income tax if you itemize your tax return.

Eliminate Taxable Gains

Gifting appreciated stock eliminates the tax you pay on gains.

How to Donate to the ECS SGO Program

Donate to ECS SGO Program

At ECS, we partner with the Institute for Quality Education (IQE) for the SGO (Scholarship Granting Organization) program to provide scholarships for students to attend ECS. When you give, you designate your gift for Evansville Christian School through IQE, and they will apply your gift to the state for your tax credit and will issue your income tax receipt.

We assure you that by selecting Evansville Christian as your designated school when you give through IQE, students at ECS will benefit directly from your generosity of providing scholarships to make Christian education accessible for their families.

There is no limit on the amount that you can give, but the state does limit the amount available for the credits. See available Indiana tax credits.

ECS students benefit greatly from your donation at only a fraction of the cost to you!

$50,000 Gift

Gift designated to ECS through IQE

– $25,000

50% Indiana Tax Credit

– $9,250

Federal Tax Deduction

= $15,750

Total Net Cost of Donation

ECS SGO Overview Info Sheet

ECS SGO Brochure

How to Give Stock to ECS SGO Program

SGO Calculator

Estimate your reduced cost after tax savings when you donate to Evansville Christian School through the SGO.

How Much Would You Like To Donate?

Do you plan to itemize your federal tax return?

Yes, I itemize my taxes

No, I take the standard deduction

If you take the standard deduction, you will not qualify for a federal income tax deduction on the donation.

Tax Bracket

Will your donation contain stock?

Cash Only

Contains Stock or other Securities

Donating stock allows you to eliminate the taxes that would have ultimately been owed on that growth when the stock is sold. The growth is called “Capital Gains”.

How much capital gain (growth) is in the stock or securities you are donating?

This is the current value minus the cost of the stock or securities.

Hidden

Donation Amount

Tax Savings

50% SGO State Tax Credit

Value of Federal Income Tax Deduction

Value of Capital Gains Tax Eliminated

Cost to Donor After Tax Savings

The cost of the donation after reducing it for the 50% SGO state tax credit.

For every $1.00 of cost to you, ECS gets:

The cost of the donation after reducing it for the 50% SGO state tax credit and the gains tax eliminated.

For every $1.00 of cost to you, ECS gets:

The cost of the donation after reducing it for the 50% SGO state tax credit and the value of the federal income tax deduction.

For every $1.00 of cost to you, ECS gets:

The cost of the donation after reducing it for the 50% SGO state tax credit, the value of the federal tax deduction, and the gains tax eliminated.

For every $1.00 of cost to you, ECS gets:

The Institute for Quality Education will provide you with a tax credit certification number (TCCN) for your 50% SGO state income tax credit which you can use to pay your Indiana income taxes for up to 10 years.

This calculator is for illustration purposes only. Please work with a tax professional when you plan your charitable giving.

Ask a Financial Advisor

Blake Alsman, Certified Financial Planner^TM

Senior Investment Advisor, Donaldson Capital Management

As a parent of four children at ECS, Blake understands the donor benefits of providing tax credit scholarships through the SGO.

Contact Blake with any questions you have about investing in ECS students through SGO gifts!

Schedule a meeting or phone call

Cash Gift Example

Click to watch Blake briefly explain benefits of CASH gifts to the SGO.

Stock Gift Example

Click to watch Blake briefly explain benefits of STOCK gifts to the SGO.

If you prefer to make your gift as a check, please print this required form and mail with a check payable to Institute for Quality Education to:

Institute for Quality Education

Institute for Quality Education
101 West Ohio Street, Suite 700
Indianapolis, IN 46204

To discuss gifts to the ECS SGO Program or other donation related questions, please contact Megan Southwell, Director of Development at (812) 477-7777 or [email protected].

More information regarding the Institute for Quality Education is available at https://www.i4qed.org/sgo/donors.

Visit Institute for Quality Education Website

ECS SGO Program

The ECS Community Benefits!

Scholarships

Growth

The Donor Benefits!

How to Donate to the ECS SGO Program

ECS students benefit greatly from your donation at only a fraction of the cost to you!

SGO Calculator

Tax Savings

Cost to Donor After Tax Savings

Ask a Financial Advisor

Blake Alsman, Certified Financial PlannerTM

Cash Gift Example

Stock Gift Example

Institute for Quality Education

Blake Alsman, Certified Financial Planner^TM