Open the door to possibility.
Your gift helps make a Catholic education possible for students who might otherwise be unable to afford one; giving them the opportunity to learn, grow, and thrive in a faith-filled community.
Your gift makes a difference
Tax credit information
Frequently asked Questions
Get Tax Credit
The Scholarship Foundation (DASF) is part of the Virginia Education Improvement Scholarship Tax Credit Program which provides scholarships to low income students at a Diocese of Arlington Catholic School.
Benefactors receive 65% of their approved gift in Virginia tax credits
Benefactors who itemize also receive a Virginia tax deduction and a partial federal tax deduction
Gifting appreciated stock also avoids capital gains taxes – contact our office for a stock donation form
Benefactors may fill out the pre-authorization application and submit directly to the DASF office for approval.
These gifts, in addition to giving you, the benefactor, a tax benefit, will provide a life-changing education for our low-income students.
Your gift makes a difference
Tax credit information
Frequently asked Questions
Get Tax Credit
FAQ’s
A tax credit allows you to subtract the amount of the credit – dollar for dollar – from the total amount you owe the state in taxes, not from taxable income. You do not need to itemize to use tax credits!
Any individual or business entity may receive a tax credit for eligible gifts.
Eligible gifts include checks or marketable securities/stock. Charitable distributions from IRAs are accepted, however these are subject to a limit on the tax credit amount. Please consult your tax advisor for guidance on your own specific circumstance.
In order to receive a tax credit donors must contribute a minimum of $500. For individuals, including married couples, eligible maximum donation is $125,000 per person per tax year. Therefore, the maximum tax credit of an individual’s donation is $81,250 (65% of $125,000). Business entities, including sole proprietorships, have no gift limits.
In order to qualify for a tax credit, benefactors must request a preauthorization for their gift prior to making it. Benefactors can submit their preauthorization request form directly for approval. The preauthorization is valid for 180 days. Gifts made without preauthorization will not be eligible for the tax credit. The Preauthorization Request Form is located here on our website.
The Preauthorization form is available here.
Once you receive the preauthorization approval form from the VA DOE (form has a 6 character code at the top) complete Part 1 of this form, sign it and mail it with your check to:
Diocese of Arlington Scholarship Foundation
200 North Glebe Road, Suite 811
Arlington, VA 22203
Please make checks payable exactly to Diocese of Arlington Scholarship Foundation
Yes, please fill out this form or contact our office directly at 703-778-8600 to discuss.
No, this tax credit program does not permit funds to be earmarked to a particular school.
Students must be Virginia residents entering K or 1st Grade, or transferring from public school and financially qualify annually under the specified poverty guidelines.
Your gift makes a difference
Tax credit information
Frequently asked Questions
Get Tax Credit
Your gift to the Scholarship Foundation does more than open a classroom door. As a part of the Virginia Education Improvement Scholarship Tax Credit Program, which funds tuition for low-income students at Diocese of Arlington Catholic schools, you receive back 65% of your approved gift as Virginia tax credits. This means your generosity comes back to you nearly as much as it goes out to a student in need. Every dollar you give is a dollar of hope, tuition, and opportunity for a child who might not otherwise have this chance.