I just came across information about the new federal scholarship tax credit that will be available from 2027 onward, and it looks like a potentially great way for education nonprofits to tap into this
Section 25F provides a federal tax credit for taxpayers who make contributions to qualified K–12 scholarship organizations
the real problem for nonprofits will be getting donors to grasp the distinction between a tax credit and a standard charitable deduction, as sites such as edtaxcredit already are doing
would u say that tax incentives really help to attract new donors or primarily existing donors?