Two Opportunities to Maximize Your IMPACT
Indiana's State Tax Credit Program
When you give through The Sagamore Institute, an Indiana Scholarship Granting Organization (SGO), you are providing critical, income-based scholarships to Oaks students whose families cannot afford full tuition on their own.
This little-known tax program is one of the most advantageous tax-saving scholarship programs, allowing you to do more than you thought possible.
- State SGO scholarship gifts from both individuals and businesses are eligible for a 50% credit against the state tax liability.
- Some state SGO scholarship gifts may also qualify for a federal tax deduction.
- The smartest tax-efficient giving option is gifting appreciated stock as a state scholarship gift. Saving capital gains tax, the out-of-pocket cost is around 16% of the gift total.
Savings vary depending on individual circumstances, so please consult a tax professional to determine how far your SGO scholarship gift can go.
For further questions, contact Bourke Patton, Partner Program Director, at (317) 969-8620 or by email.
Make an online state SGO gift using the form below or mail a check payable to “The Oaks Fund at Sagamore” to:
The Oaks Academy
1301 E. 16th St.
Indianapolis IN 46202
| How Do State Tax Credits Work? |
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| Estimate Your Actual Cost |
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Indiana has one of the most generous, yet often overlooked, tax-savings programs for individuals and businesses that want to make a difference in the lives of children through education. When you support The Oaks Academy through the Indiana School Scholarship Tax Credit Program and a Scholarship Granting Organization (SGO), the scholarship funds provide need-based financial assistance, and you receive a 50% Indiana state tax credit in addition to a potential federal deduction. You can calculate your true cost of a state SGO donation after your tax credits and deductions using the True Cost Estimator here! |
Make Your State SGO Gift Today!
Learn how you can get even more money back starting in Janaury 2027
Donating to The Oaks Fund at Sagamore means your gift goes even further while propelling our mission forward. Your generosity today can unlock a child’s potential and transform their future.
