(Arizona Christian School Tuition Organization, Inc.)
Dollar-for-Dollar Tax Credit-Making Christian Education Affordable
Since it began in 1998, the Arizona Christian School Tuition Organization, Inc. www.ACSTO.com has awarded scholarships to nearly 7,000 students attending 120 Arizona Christian schools. Nearly 20,000 visionary Arizona taxpayers have made this possible by donating to ACSTO, and taking advantage of Arizona's unique opportunity to receive a dollar-for-dollar tax credit against their Arizona state income tax.
ACSTO's sole purpose is to implement the private school tuition tax credit law passed and signed into law in 1997 as A.R.S. Section 43-1089. ACSTO is a tax-exempt, charitable organization pursuant to federal tax law, Section 501 (c)(3).
The constitutionality of the tax credit law has been upheld by the Arizona Supreme Court. The U.S. Supreme Court determined not to review the favorable Arizona Supreme Court decision. The law is effective for donations made during calendar year 1998 and for each year thereafter.
Since its inception, ACSTO has awarded more than $15 million to help children pay their Christian school tuition.
Click here for answers to questions you may have on how this program can benefit your family or Phoenix Christian.
Did You Know....
Some employers will match a donation given by their employees to ACSTO. The following companies have matched donations given by their employees to ACSTO:
- American Express
- Bank of America
- Coca Cola
- First Data
- Gannett Foundation
- Kimberly Clark
- Land America
- Medtronic Foundation
- Meredith Corporation
- Sallie Mae Fund
- US West
- Verizon Foundation
Obtain a matching gift form from your employer. Fill out your portion of the ACSTO Donation Card and make sure you sign it. (Write Arizona Christian School Tuition Organization as the recipient of your donation.) Mail the original to ACSTO. ACSTO will fill out our portion along with any required additional documentation and mail it to the gift matching department of your company.
Individual Tax Credit Information
Corporate Tax Credit Information