Donation Limits
Per Year
by Filing Status
Individual
$1,000 maximum per year
Joint/Married
$2,500 maximum per year
C Corporation
up to 75% of GA tax liability
For an individual taxpayer,
the credit is further limited
and may not exceed
the taxpayer's income liability.
The amount of the credit
that exceeds the taxpayer’s
income liability can be
used against the next
succeeding five years'
tax liability.

donation
|
Donations Jacob's Ladder Neurodevelopmental School & Therapy Center, a 501 c-3 organization, wishes to thank all of our partners for their generous contributions to our school since our inception in 1998. Our success and growth have been made possible by contributions from people like you. Our unique, brain-based, one-on-one approach entails state-of-the-art therapeutic and multi-sensory teaching techniques as well as more individual attention, materials, and space. These techniques allow our students to experience success, and in turn develop self-confidence and skills that serve as a foundation for life-long learning. Individuals and corporations may donate to Jacob's Ladder directly or they may redirect state tax dollars to benefit Jacob's Ladder. |
100% of all contributions made to Jacob's Ladder are invested |
Individual Contributions to a Student Scholarship Organization (SSO)
The Georgia Private School Tax Credit law allows eligible private citizens and corporations to receive tax credits for donations to Georgia Student Scholarship Organizations (SSOs). Tax credit means that the amount donated will be deducted from state taxes owed (or refunded if you paid state taxes throughout the year). Your contributions will provide student scholarships for children who need a school like Jacob's Ladder to be successful.
Through this program, Georgia state taxpayers can redirect up to $2,500 if married filing jointly and $1,000 if filing individually of their state taxes to Jacob’s Ladder. In addition to a state tax credit, your redirected taxes can be utilized as a charitable contribution deduction on your federal taxes. C-Corporations can contribute up to 75% of their corporate tax liability and receive that amount as a dollar-for dollar credit on Georgia taxes.
These credits are not indefinitely available. The state places a cap on the amount of funds that can be contributed during a given tax year. If you would like to take advantage of the tax credit, please follow the steps below.
This program applies to all individuals or corporations paying Georgia state taxes, so you can provide this information to others who might be interested in diverting some of their tax payments to Jacob's Ladder. Again, this is not a philanthropic contribution to Jacob's Ladder, but rather a way for you to redirect a portion of the taxes you already owe the state to support school scholarships instead.
Important Note: In 2011, there was a $50 million limit on the total amount of Georgia income tax credits that were available to taxpayers for their contributions. In 2009, $25.4 million of the annual limit was utilized followed by $35.7 million in 2010. According to the Department of Revenue, the rate of applications for the credit in 2011 was triple that of 2010, and the $50 million annual cap was reached well before year end. If you are considering making a contribution in 2012, you may want to contribute as soon as possible so you do not miss the opportunity to take advantage of the tax credit.
Participating is Easy!
Tags:Jacob’s Ladder Neurodevelopmental School and Therapy Center,Autism school in Atlanta, special needs school in Atlanta, Down syndrome, Cerebral Palsy, learning disabilities, genetic disorders, ASD, PDD