Supporting ClearWater Academy via GaSSO is a WIN-WIN-WIN Opportunity…
- Support our student scholarships.
- Choose how your state income tax dollars are spent.
- Receive dollar-for-dollar tax credit.
What are you waiting for?
Click HERE to apply now with GaSSO’s easy, 1-step application!
Click HERE to receive updates and reminders about our GaSSO fundraising progress.
What is GaSSO?
In 2008, the Georgia State Assembly enacted the Qualified Education Expense Credit law, thus allowing the creation of non-profit student scholarship organizations to provide financial aid specifically for student scholarships to private schools statewide. Through this program, Georgia taxpayers can designate a portion of their state tax liability to a private school of their choice. By doing so, these taxpayers are then eligible for an income tax credit within the year the tax redirection is made AND a charitable deduction on their federal return. THIS IS NOT A DONATION; it is a re-allocation of your state tax obligation to fund a scholarship, and it can be designated directly to student scholarships at ClearWater Academy. GaSSO is one of the largest, oldest, and most trusted student scholarship organizations in the state and is ClearWater Academy’s chosen partner for scholarship funding through the tax credit program. Understand More
How can I participate?
Taxpayers can designate certain amounts of tax liability through GaSSO according to credit limitations, depending on how their taxes are filed:
- Single/individual head of household: UP TO $1,000
- Married couple filing joint return: UP TO $2,500
- Married couple filing separate returns: UP TO $1,250
- Members of an LLC, partners in a Partnership, or shareholders in an S-Corporation: UP TO $10,000 PER INCOME-SHARING MEMBER
- C-corporation or Trust: UP TO 75% OF INCOME TAX LIABILITY
- (Note: Taxpayers cannot combine the individual tax credit opportunity with pass-through opportunity.)
For approval to redirect your taxes to support ClearWater Academy and then reap the benefits of the tax returns, take just a few minutes to apply online via GaSSO’s 1-Step Application Process today. THIS IS ALL YOU HAVE TO DO TO APPLY… GaSSO will take care of the rest until you are approved!
Participating in GaSSO is simple and mutually beneficial, and we promise it is not too good to be true! Here’s what our past donors are saying about their GaSSO experiences:
“It was as quick and easy as shopping on Amazon!”
“It was easy, I don’t know why I ever procrastinated about it!”
“What a great program!”
The future for ClearWater Academy is bright with your GaSSO support…
Due to the state’s mandated $100 million cap on this tax credit program’s funding, the total amount pledged to GaSSO each year is often pro-rated. This means GaSSO donors may only be approved to contribute only a percentage of what they originally pledge. Additionally, there is a cap of about $9,000 per student per year for receiving GaSSO scholarship funding, with any excess rolling over to student scholarship funding for the next fiscal year. With these caps in mind, combined with comparisons of our past fundraising totals, we have set the following goals:
ClearWater Academy GaSSO Fundraising Pledge Record:
ClearWater Academy 2019 GaSSO Fundraising Goal:
ClearWater Academy ULTIMATE GaSSO Fundraising Goal:
The cost of raising a child with special needs is tremendous, but often a necessity for our families. As a small private school with 35 students on average, if we reach our ultimate fundraising goal, each of our students with learning differences could be granted the max of $9,000 in scholarship funding.
Help us make this dream a reality; Make your pledge today!