"This is an unbelievable opportunity. It took less than five minutes of my time to turn my state tax dollars into tuition assistance for a student at Sherwood. But the best part is the overflowing of my heart knowing I was able to help put a child at SCA and be exposed to God's Word daily. Count me in every year."
- Sherwood Donor
Through the Georgia Education Expense Tax Credit, the state has created an incredible opportunity for taxpayers to redirect a portion of their state income tax liability to improve pre-k through 12th grade educational opportunities in Georgia and help a student financially attend SCA. Individual and corporate taxpayers are eligible to receive a 100 percent Georgia income tax credit – not a mere tax deduction – for contributions made to SCA through the Georgia GOAL Scholarship Program. In fourteen years, more than $1.7 million ($1,671,464) has been contributed to SCA through 170 unique donors participating in the GOAL program. One hundred percent of those funds has been used for tuition assistance at SCA and has helped students that otherwise might not be able to afford a Christian education.
Donors can designate that their contributions be used to provide scholarships to students who desire to attend SCA. We are proud to be one of the 176 private schools participating in the Georgia GOAL Scholarship Program.
"There are no words to describe what this has done for us. I'm a single mom and without the GOAL program there's no way my daughter could attend SCA. We are forever grateful to those people that contribute to GOAL because without their help our lives would be much different."
- A Parent of a GOAL Scholar
Tax Credit Limits Based on Filing Status
• Single individual or head of household – up to $2,500
• Married couple filing a joint return – up to $5,000
• Married couple filing separate returns – up to $2,500 each
• S corporation shareholder, LLC member, or partnership partner – up to $20,000
• NEW Opportunity for 2022: S corporation, LLC, or partnership that elects to pay tax at the entity level – up to 75% of Georgia income tax liability
• C corporation or Trust – up to 75% of annual Georgia income tax liability
How to Contribute & Take the Tax Credit
1) Apply Now
Complete the 2023 GOAL Tax Credit Application today at www.goalscholarship.org (takes just 20 seconds!).
2) GOAL Submits to DOR
GOAL submits your 2023 application to the Georgia Department of Revenue (DOR).
3) Approved to Contribute
GOAL and DOR notify you of approved tax credit amount and payment deadline.
4) Make Payment
Pay GOAL by check or credit card within 60 days of DOR approval.
5) Take the Credit
GOAL will send you Form IT-QEE-SSO1 (tax receipt) for claiming the credit on your Georgia income tax return (Note: you will take the credit on the income tax return for the year in which you make the payment).
Please consider being one of the 170-plus families that have helped with the GOAL program at SCA.
For more information or to apply for the credit, please contact Mike Johnston at 229.669.4071 or mikej@sherwoodbaptist.net You can find more information at www.goalscholarship.org.