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Secure Virginia Credit
Tax Credits

Support K-12 students in need attending private schools in Virginia.

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What To Know
Virginia Tax Credit Information

We are an approved scholarship foundation for the Virginia Department of Education. We are authorized to accept donations for the state’s Education Improvement Scholarships Tax Credit Program (EISTCP). Gifts to this program provide scholarships for qualified, low-income students at non-public PK-12 schools in Virginia.

Individual or business donors receive a state tax credit equal to 65 percent of the donation.

For individuals, the minimum donation is $500. The maximum donation for individuals and married couples is $125,000. There is no minimum or maximum limit for any business entity. Individuals can use the tax credits against their Virginia personal income tax liability. Businesses can claim the tax credits against:

  • Virginia Corporate Income Taxes
  • Virginia Bank Franchise Tax
  • Virginia Insurance Premiums License Tax
  • Virginia Public Service Corporations Tax
  • Personal Income Taxes via pass-through entities such as S-Corporations, LLCs and Partnerships.

The amount of the tax credits may not exceed a donor’s tax liability for the year in which the credit is claimed, but tax credits may be carried over for up to five succeeding years.

Schools We Work With

Donations through this program are used to provide scholarships for eligible students at approved non-public PK-12 schools. Students must apply to their school for scholarship funds. TCFHR does not limit scholarships to students of one school and donors may not designate funds for a specific student.

Current qualified schools are:

  • Blue Ridge Christian School
    Blue Ridge Christian School
    Bridgewater
  • Community Christian Academy
    Community Christian Academy
    Charlottesville
  • Cornerstone Christian School
    Cornerstone Christian School
    Harrisonburg
  • Eastern Mennonite School
    Eastern Mennonite School
    Harrisonburg
  • Grace Christian School
    Grace Christian School
    Staunton
  • Redeemer Classical School
    Redeemer Classical School
    Keezletown
  • Wakefield Country Day School
    Wakefield Country Day School
    Huntly

VA Tax Credit Process
Securing Virginia Tax Credits Is Easy. We’ll Guide You Through The Process.

Before applying for tax credits, please contact us so we can help you adhere to state guidelines for this program. We will also work with your financial advisor.

Contact Us

  • Contact TCFHR to obtain a Preauthorization Form

    Use the contact button to start your tax credit process.

  • Complete the Preauthorization Form

    Return the form to us via mail or email ([email protected]), and we will submit it by secure electronic system to VDOE for approval.

  • VDOE sends an approval notice

    Within minutes, VDOE will send a Preauthorization Notice directly to you indicating that tax credits have been approved. Those credits will be held for you for 180 days. IMPORTANT: Do not write a check or transfer securities before receiving the Preauthorization Notice.

  • You send a gift

    Return the Preauthorization Notice with Part I filled out and signed along with a check or securities transfer information to us within 180 days of the date of the Notice. IMPORTANT: Checks must be dated and gifts of marketable securities must be initiated after the date of the Preauthorization Notice.

    Make checks payable to The Community Foundation of Harrisonburg & Rockingham County. Do not indicate a designation for a specific school. Funds are divided among eligible students at qualified schools.

  • You receive your tax credit certificate

    Within 20 days of receiving a gift, we will send you a gift acknowledgement. We will obtain a Tax Credit Certificate for you. The Tax Credit Certificate must be attached to the tax return in which the credits are being claimed.

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