Tax Credits

Your investment in Catholic education today provides scholarship funds for tomorrow’s students. 

Virginia’s Education Improvement Scholarships Tax Credits (EISTC) Program provides a 65% return of your donation in Virginia state tax credits.

What’s great about tax credits?

• They directly reduce your tax bill.
• Individual donations starting at $500 are eligible.
• All business donations are eligible.
• If you choose to itemize, you will also receive federal and additional Virginia state tax reductions for charitable organizations.
• When you donate appreciated stock, you also eliminate capital gains tax.

Get started to receive your tax credit this year!

Call Sister Anna Joseph @ 757-596-2754 or print off the Letter of Intent and Pre-authorization Form to request tax credits.  No donation is made until the approval letter comes to you from the Dept. of Education

Learn more:  FAQ 2018-2019 for EISTC
OLMC  Tax Credit Presentation
(This includes an explanation of the simple process to receive your tax credits.)

1. Letter of Intent
2. EISTC Preauthorization-Request