Falcon SGO Inc.

Welcome!

Thank you for supporting our local students!

Falcon SGO Inc. is a certified Ohio Scholarship Granting Organization (SGO).

Falcon SGO (EIN: 88-3430474) is a public charity and tax exempt under Internal Revenue Code 501(c)(3).

Falcon SGO provides scholarships to schools in the St. Gabriel the Archangel Family of Parishes.  If you wish to support a different school, please visit the Ohio Attorney General's Website for a list of other certified scholarship granting organizations.

* PLEASE CONSULT A TAX ADVISOR BEFORE MAKING AN SGO DONATION *

PLEASE NOTE:  if two people in one household wish to claim the tax credit, each individual should make a separate donation. Separate acknowledgement letters will be provided to document each individual gift.

STEP 1:  DONOR CONTRIBUTION FORM

STEP 2:  DONATE (REQUIRED for Donor Letter)

Option 1:  Online

Option 2:  Check

Falcon SGO Inc.
PO Box 30
Vandalia, OH 45377

WHAT IS THE OHIO SGO TAX CREDIT PROGRAM?

Ohio taxpayers who donate to SGOs may be able to claim a dollar-for-dollar, non-refundable* tax credit on their state income tax return for up to $750 per donor (up to $1,500 if married and filing jointly). See section 5747.73 of the Ohio Revised Code.

*What Is a Nonrefundable Tax Credit? A nonrefundable tax credit is a reduction in the amount of income taxes that a taxpayer owes. It can reduce the amount owed to zero, but no further. In other words, the taxpayer forfeits any credit that exceeds the total amount of taxes owed. 

TAX CREDIT vs. DEDUCTION

It is important to understand the difference between a tax credit and a tax deduction, and it is important to determine your eligibility for tax credits and deductions before you file.

HOW MUCH CAN I DONATE?

Please consult a tax advisor to determine the optimal donation amount for you. 

* The guidelines below assume you are not eligible for any other nonrefundable credits that may be applied before the SGO credit. See "What about other Ohio Nonrefundable Tax Credits?" below.

If you make $40,208 or more and you do not have any other credits superseding the SGO Credit, then:

If you make less than $40,208:

SGO TAX CREDIT & THE OHIO IT 1040 FORM

To calculate your maximum allowable SGO donation, you must first tally the other nonrefundable Ohio credits that may get applied before the SGO credit. Nonrefundable credits have a preference order that can be found on the Ohio Schedule of Credits. That schedule can be found at the link below, as an addendum to the Ohio IT 1040 Form.

OHIO TAX TABLE (Ohio Department of Taxation)

For taxable years beginning in 2024:

Thank you for supporting Falcon SGO and St. Gabriel Family of Parishes !

info@FalconSGO.org