SGO

Oak Farm Montessori School is rooted in a commitment to making educational choice available to all families in Northeast Indiana who desire a Montessori education for their child(ren). Each year, approximately 35% of our students receive need-based tuition subsidies totaling over $400,000. The School Scholarship Tax Credit is one way that donors can support the school and receive a generous tax credit for their qualifying gift.

What is the School Scholarship Tax Credit Program?

The School Scholarship Tax Credit Program was established to incentivize donations to help fund educational scholarships for families who wish to attend non-public schools. This tax savings opportunity is available to donors making a financial contribution to a qualified scholarship-granting organization (SGO). Oak Farm Montessori’s SGO partner is the Sagamore Institute. Use this link to learn more.

Why donate through the SGO?

50% Indiana State Tax Credit to individuals or corporations who donate through the SGO program and have Indiana state tax liability.
Be sure to include 50% of your SGO donation as a charitable contribution if you itemize on your federal return.

You have the flexibility to give a one time gift or set up a recurring schedule that meets your needs. All donations must be made to the Sagamore Institute through their website.
Why donate to SGO? As of July 1, 2023 there is $18.5 million that has been approved as tax credits for the 2024 school year. There is currently over $13,000,000 remaining for tax credits.

What are the ways I can give to the SGO?

Stock Gifts provide a double benefit in that the donor does not pay capital gains tax on the stock and also receives the 50% tax credit. For 2023 taxes, please see this page for information. The form must be completed and submitted on or before December 22nd to allow for processing.
Credit Card for one-time gifts or to set up a recurring donation.
Check: Use this form and follow the instructions. Please note that all gifts for 2023 must be postmarked by 12/30/23 and dated 12/31/23.

Important Information:

To be eligible for the tax credit, gifts must be through the Sagamore Institute who manages Oak Farm Montessori School’s SGO.
Please consult a tax professional about your specific tax situation.
To benefit from a tax credit, the donor must have tax liability in the state of Indiana.
Only students who are residents of Indiana are eligible to receive the SGO educational scholarship.