Take the Tax Credit

Bethesda Christian has partnered with the Sagamore Institute of Indianapolis to establish a Scholarship for Education Choice Program.  Donors may designate their donation to support scholarships for students to enroll at BCS, who would not have been able to without financial assistance.  We estimate that annually 10 % of our students would benefit from this program. 

For the donor, the gift will produce a tax credit equal to 50% of the amount given as well as a federal deduction because the Sagamore Institute is a 501C3.   Donors have the opportunity to help families in Hendricks County decide where their children attend school.  There are few times these days when you actually have a voice in directing your tax dollar and this is one of them!  

 For example a donation of $10,000 nets the donor a $5000 tax credit on state taxes and a federal tax savings of $1650 (33% tax bracket).  The actual donation of $10,000 in this example would only cost the donor $3350.

Individuals or companies that would like to re-invest their savings from their initial donation to the Scholarship for Education Choice program can do so by making another donation directly to BCS.  While the Scholarship for Education Choice program is great for new students, it does not allow these moneys to be used for continuing BCS student who have the same financial need. 

Don’t let this opportunity slip by.  For further information or donor forms please contact Holly Ringler at hringler@ebethesda.org.

Please note: All donations for the Scholarship for Education Choice program need to be sent to The Sagamore Institute and accompanied by a donor form.  Donors cannot designate which students can receive the scholarship funds.

Donor FAQ