SGO
Scholarship Granting Organization of Northeast Indiana (SGO)
Support Bishop Luers Students - and Receive a 50% Indiana State Tax Credit
Your gift can make a Bishop Luers education possible for a student while providing you with valuable Indiana state tax benefits.
When you make a contribution through the Scholarship Granting Organization (SGO) of Northeast Indiana and designate Bishop Luers High School as your school of choice, your gift helps provide need-based tuition assistance and scholarships for eligible Bishop Luers students.
Even better, qualifying SGO contributions are eligible for a 50% Indiana state tax credit.
Make Your Gift Go Further
A gift to the SGO can have a significant impact on both Bishop Luers students and your Indiana state tax liability.
For example:
| Your SGO Gift | Indiana State Tax Credit |
|---|---|
| $500 | $250 |
| $1,000 | $500 |
| $2,500 | $1,250 |
| $5,000 | $2,500 |
| $10,000 | $5,000 |
A $1,000 contribution, for example, may provide a $500 Indiana state tax credit while helping make Catholic education more affordable for a Bishop Luers family.
How to Donate to Bishop Luers Through the SGO
Supporting Bishop Luers through the SGO of Northeast Indiana is easy:
- Visit the SGO of Northeast Indiana website.
- Select Donate.
- Complete the online donation form.
- Be sure to designate Bishop Luers High School as your school of choice.
- Complete your contribution by credit card or follow the instructions to donate by check - make check out directly to SGONEI
DONATE TO SGO
Your contribution directly supports scholarship opportunities for eligible students who want to experience the academic excellence, faith-filled environment, opportunities and community of Bishop Luers High School.
What Is the Indiana SGO Tax Credit?
Indiana provides a 50% state tax credit for qualifying contributions to certified Scholarship Granting Organizations.
Unlike a tax deduction, which generally reduces taxable income, a tax credit directly reduces the amount of state tax you owe.
For example, a qualifying $1,000 SGO contribution may generate a $500 Indiana state tax credit.
If the available credit exceeds your Indiana state tax liability for the year, applicable Indiana rules may allow unused credit to be carried forward to future tax years.
Who Can Receive the SGO Tax Credit?
A variety of donors with Indiana state tax liability may be eligible to benefit from the SGO tax credit, including:
- Individuals
- Businesses and corporations
- Partnerships
- Limited liability companies (LLCs)
- Professional corporations
- Self-employed individuals
SGO gifts can therefore be an attractive charitable giving opportunity for individual donors, Bishop Luers alumni, families and businesses that want to support Catholic education while taking advantage of available Indiana tax incentives.
How Much Can I Give?
Donors can make gifts of virtually any size, subject to the availability of credits under Indiana's statewide SGO tax-credit allocation.
Whether you contribute $100, $1,000, $10,000 or more, your gift can help provide tuition assistance to eligible Bishop Luers students.
Because Indiana SGO tax credits are subject to statewide availability, donors considering a contribution are encouraged to make their gifts early.
Can My Gift Provide Additional Tax Benefits?
Depending on your individual tax situation and applicable federal tax laws, your charitable contribution may provide additional tax benefits beyond the Indiana SGO tax credit.
Because every donor's circumstances are different, Bishop Luers High School and the SGO of Northeast Indiana recommend consulting with your qualified tax advisor regarding the specific tax implications of your contribution.
Invest in a Bishop Luers Student
For many families, tuition assistance can make the difference in whether a Bishop Luers education is financially possible.
Your SGO contribution helps open the doors of Bishop Luers High School to deserving students while supporting our commitment to providing an exceptional Catholic education rooted in faith, service, academic excellence and opportunity.
Give today. Support a student. Strengthen the future of Bishop Luers.
Please consult your tax advisor regarding your individual tax situation, eligibility for tax credits or deductions, and applicable state and federal tax laws.