RI.gov R.I. Government Agencies | Privacy Policy |

Tax Credits for Contributions to Scholarship Organizations

Attention Business Entities:

Once you have made your contribution, please be sure to submit, to the Division of Taxation, a certification by an independent Rhode Island certified public accountant that your contribution has been made to the qualified scholarship organization. Your credit certificate(s) cannot be issued without this certification.

Application to be completed annually by a scholarship organization. This form must be submitted to the Division of Taxation by December 31 so that the SGO may receive contributions in the upcoming year.

Application to be completed by business entity interested in donating to qualified scholarship organizations

Pursuant to R.I.G.L. 44-62-3(b), the total aggregate amount of all tax credits approved shall not exceed one million dollars ($1,000,000) in a fiscal year. For the fiscal year of July 1, 2008 through June 30, 2009 and the fiscal year of July 1, 2009 through June 30, 2010, the credit limit of $1,000,000.00 has been reached. Consequently, no further applications can be approved.

Certification form to be completed by the qualified scholarship organization acknowledging receipt of business entity donations - this form is meant to be printed onto the organization's letterhead