Donor Information

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Thank you for Donating to AAA!

Through the Alabama Accountability Act your donation is tax deductible!

 

How The Accountability Act Works For Taxpayers:

  • You are not just giving a donation, you are getting a tax credit. By redirecting a portion of your tax liability to a Scholarship Granting Organization, you reduce the total amount of your tax bill by 100%

  • For example, an individual with $10,000 of state income tax may make a $10,000 donation to Prichard Prep, receive a $10,000 state tax credit for the donation, and therefore only owe the state $10,000

  • All taxpayers (individuals and all businesses based in Alabama) may donate up to 100% of their Alabama tax liability for the current year for 100% tax credit

  • $100,000 annual max donation for individuals; no max for businesses

  • Qualifies for federal income tax deduction

  • There is a $30 million statewide annual limit for donations each year beginning on January 1st.

  • This limit fills up very quickly and is on a First come, First serve basis for donors.

 

How Do I Register My Donation For Tax Credit?

  • Go to revenue.alabama.gov and follow instructions to create a "My Alabama Taxes" (MAT) account. 

  • Sign into your "MAT" account with your newly created username and password to reserve your tax credit. Click "Donate to SGO". Choose Scholarships for Kids as your Scholarship Granting Organization (SGO) of choice.

  • Print your confirmation screen and mail your check on the same day, payable to:

       Scholarships for Kids

       P.O. Box

       Birmingham, AL 35202

  • Get the Tax credit! Once your donation is verified, you will receive your tax credit receipt from the Alabama Department of Revenue (ADOR) in the mail.

  • With your check please enclose a note specifying that you were motivated by Prichard Preparatory School to make your donation.

  • Once your MAT account is created, repeated (i.e., quarterly) donations need to be reserved each time you make a donation.

If you have any questions about making your donation for tax credit, please contact our Director of Development, Sara Grace Littleton.