Donors
Enhancing Education Through Funding
Donor and Scholarship Explanation
PACE Scholarship Organization is a 501(c)(3) non-profit charitable organization based in Covington, GA. We are dedicated to the enhancement of the education received by all of Georgia's Pre-K, Elementary, Middle, and High School students through student scholarships provided for tuition at Georgia private schools.
Georgia Income Tax Credit
Every approved contribution to PACE Scholarship Organization can be used as a 100% tax credit on a Georgia Income Tax Return. The total amount donated can be used as a dollar-for-dollar credit towards any income tax due to the State of Georgia. The donor can also take a charitable contribution deduction on their federal return.
Credit Limits
Single individual or head of household
$2,500 or actual amount donated, whichever is less
Married couple filing a joint return
$5,000 or actual amount donated, whichever is less
S-Corps, LLCs, and partnerships
$20,000 or actual Georgia income tax paid, whichever is less
Corporations
75% of the corporation's income tax liability or actual amount donated, whichever is less
Four Simple Steps to Get Credit for Helping Children
Get Pre-Qualified
Download and complete the Donor Authorization Form and file it with the Georgia Department of Revenue to pre-qualify your contribution. The Taxpayer ID for PACE Scholarship Organization is 26-4153952.
Confirmation
The Georgia Department of Revenue will review your form and confirm that the $58 million yearly cap has not been exceeded, then send you an approved Form IT-QEE-TP1 by U.S. Mail.
Donate to Help Kids
After receiving your approved Form IT-QEE-TP1, you will have 60 days to make your donation to PACE Scholarship Organization by sending a check along with a photocopy of the form.
Get Credit!
PACE will send you a confirmation Form IT-QEE-SSO1, which you will need to submit with your state tax return to claim the Education Expense Credit.
For Corporations
Corporations who contribute to PACE Scholarship Organization are eligible for a credit against their Georgia income tax liability in an amount not to exceed the actual amount expended or 75 percent of the corporation's income tax liability, whichever is less. For any corporate donor that desires to make its participation broadly known, PACE will create and maintain a scholarship fund in the name of the corporation.
For Individuals
Individuals who contribute to PACE Scholarship Organization will receive a credit against their Georgia income tax liability equal to the actual amount expended or $1,000 per tax year for single filers, whichever is less. For married couples filing jointly, the credit is equal to the actual amount expended or $2,500 per tax year, whichever is less.
Taxpayer ID: 26-4153952
Ready to Contribute?
Download the Donor Authorization Form to begin the pre-qualification process with the Georgia Department of Revenue.
Donor Authorization Form
Download Form