November 4, 2019

 
 
 
 
 
 

A TRANSITION YEAR

Because of the IRS tax law changes we detailed in a previous newsletter, this has been a transition year for our entire team. 

And yet, despite the tax law changes that have come in the middle of our program year, we have funded nearly every school for the Fall 2019 semester.

In the last week, we held a conference call with the few remaining schools to update them on our progress and give them a timeframe when they could expect to receive their scholarship funds.


SOUTH CAROLINA CORPORATION OUTREACH

We have many loyal individual donors, but the IRS changes now give an advantage to businesses far more than the advantage for most individual donors. Therefore, we have now adjusted our fundraising model to focus on partnerships with the South Carolina business community. 

In fact, we’ve had donation conversations with some of the state's largest companies and are working with them to take advantage of tax credits that not only help them, but more importantly, that strengthen the scholarship program for your students.

 
 
 
 
 

IN OTHER NEWS...

Last year, more than 1000 new students applied for an Exceptional SC scholarship, and we absorbed thousands of dollars in application fees with TADS for every applicant – even those not funded. The Board has determined that we will have to offset a portion of that cost in the coming year with a modest application fee that will begin with the 2020-2021 school year. Details will be available in the spring. 

 
 
 
 
 

PLEASE SHARE 

If you haven’t shared this video with friends, family and business leaders you know, please do. We need your help to network with others who need to learn more about Exceptional SC.

 
 
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Important Contact Information to Remember

As always please do not hesitate to contact the following with any specific questions or concern:

 
 

Application or Donation Questions
803-602-4398
Email

 
 

Technical Application Questions (TADS)
800-477-8237
Email

 
 

Tax Credit Questions (SCDOR)
803-898-5706
Email

 
 


Chad Connelly
Executive Director

 
  
 
 
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