Just as in years past, we will fund incumbents first in the spring after schools verify enrollment and tuition.
Once all incumbents are funded, we will assess our ability to fund those who received $600 awards last year. Those “one time recipients” were not automatically granted incumbent status since we are not a government program and don’t have guaranteed scholarship money.
Please remember, it is our priority to raise needed scholarship donations each and every year.
We will assess funding for new applicants next school year.
CHANGES IN FUNDING OPPORTUNITIES
We have kept key legislators informed about the impact the IRS changes have had and are working closely with them to make necessary changes to our law going forward.
The IRS has issued some clarification on their earlier ruling and we are praying that the clarification will push CPA’s to advise their business clients to donate to our program.