FAQ's
Is a gift to the Changing Lives Division a Tax-Credit?
No. Any gift to the Changing Lives Division is a donation or planned gift and is not a tax credit. Gifts to the Changing Lives Division are pure donations. Your donation may be tax deductible to the extent allowed by law. Please consult with your tax preparer for advice specific to your situation.
Can I pay my tax credit through an IRA Charitable Rollover or Donor Advised Fund?
No. The Changing Lives Division does not deal with or handle tax credits in any way. The Changing Lives Division only accepts donations and planned gifts.
Are there any tax benefits to making a planned gift?
Yes, planned gifts may offer various tax benefits, including potential estate tax savings. To understand the full extent of your planned gifts, please consult with your tax advisor.
Are my donations tax-deductible?
Yes, your donations are generally tax-deductible to the extent of the law. Catholic Education Arizona is a registered nonprofit organization, and most donations qualify as tax-deductible charitable contributions. Please consult with your tax advisor for specific advice.
Can I specify how my donation should be used?
The Education Growth Fund provides scholarships for current students. The Endowment creates a permanent fund to provide scholarships for students in the future.
Can I specify which school my donation is used?
No. The funds will be distributed to the schools and students based on demonstrated need.
