Scholarship Granting Organization (SGO)
Bishop Chatard High School is proud to partner with the Institute for Quality Education (IQE), a scholarship granting organization (SGO), which allows donors to make gifts to Bishop Chatard that directly benefit the educational grants awarded to our students who are most in need, AND receive a substantial Indiana state tax savings of 50% of the donation (in addition to a Federal tax deduction).
How does it work?
Instead of donating directly to the school, you give a gift to the Institute for Quality Education (IQE), designating Bishop Chatard High School as the beneficiary.
IQE distributes the money to Bishop Chatard to be used for tuition assistance for the North Deanery high school’s qualifying families.
Donors who are Indiana residents will earn a 50% state tax credit on gifts made through IQE as long as those gifts are received before the tax credits run out.
In addition to the Indiana tax credit, your donation is eligible for existing federal tax deductions. Depending on your personal circumstances, this can result in substantial tax savings, greatly reducing the actual cost of your contribution. Always consult your tax advisor for details.
IMPORTANT TAX CREDIT STATUS
On July 1, 2017, $12.5 million in tax credit dollars were made available to Hoosier taxpayers. Donations made after these funds are depleted do not receive the tax credit, so we encourage you to donate early.
Be sure to choose Bishop Chatard High School during your donation.
Note: As funds for the tax credit may be depleted by the end of the year, we recommend that you don’t setup ‘recurring’ donations.
How do I donate?
Donate Online, designating Bishop Chatard as the recipient school.
Mail your donation to Bishop Chatard.
- Download and complete the donation form.
- Mail to: Bishop Chatard High School, Attn: Advancement Office, 5885 Crittenden Ave., Indianapolis, IN 46220
- We record the donation and then send it to IQE.