RI Corporate Tax Credits for Scholarships
Channel: Barrington Christian Academy
Date: 2021-06-14

Did you know that Rhode Island allows companies to receive a tax credit for supporting private schools through the "Tax Credits for Contributions to Scholarship Organizations" program? In this video, the Children’s Tuition Fund of Rhode Island explains the program and how C-Corporations, S-Corporations, Limited Liability Partnerships and Limited Liability Corporations may receive up to a $100,000 tax credit annually for a donation to a certified Scholarship Granting Organization (SGO).  For more details, visit https://childrenstuitionfund.org/states/rhode-island/information-for-contributors-rhode-island/.