Tax Credits for DONORS

Transform Giving Into Opportunity


In addition to supporting Indiana students and families through a range of programs, the Institute for Quality Education (IQE) operates a Scholarship Granting Organization (SGO). Through the SGO, IQE provides scholarships to eligible PreK–12 students attending participating partner schools across Indiana. These scholarships are funded through private donations, and individuals or businesses who contribute receive a state tax credit equal to 50% of their donation.

True Cost of Giving Calculator

See how Indiana’s 50% state tax credit and potential federal tax benefits can reduce the actual out-of-pocket cost of your gift.

Donation Amount
$100 $10,000

Enter the amount you plan to donate.

Federal Tax Bracket

Select Standard Deduction if you are not itemizing. Otherwise, choose your estimated federal tax bracket.

Indiana State Tax Credit
State tax credit available for your donation.
$250
Federal Tax Benefit
Potential federal tax deduction on the remaining 50%.
$80
True Cost of Donation
$170
The estimated out-of-pocket cost after tax benefits.
Maximize Your Contribution Impact
Your donation supports education scholarships for Indiana students and may provide significant tax benefits.
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Start Your Impact Today

Donate Online

Make your gift in minutes through our secure online portal. This is the fastest and easiest way to support Indiana students.

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Donate by Mail

Prefer to give by check? Download the donation form and mail your contribution to Institute for Quality Education.

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Donate Stock

Support scholarships through a gift of stock or securities. This may offer added tax advantages while helping students.

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Getting Answers

Frequently Asked Questions

I4QEd Donor FAQ

Learn how your donation supports Indiana students—and how you can receive significant tax benefits.

General Questions

A Scholarship Granting Organization (SGO) awards tax credit scholarships to eligible students attending participating schools. SGOs are funded through private donations, and donors receive a 50% Indiana state tax credit.

Scholarships are awarded to eligible PreK–12 Indiana students who meet income requirements and attend participating private schools.

You may designate your donation to a specific school, but not to an individual student.

Donations & Tax Benefits

  • Cash or checks
  • Credit/debit cards
  • Stocks or securities
  • Gifts of grain
  • IRA charitable rollovers (70½+)
  • Donor Advised Funds (DAF)

Donors receive a 50% Indiana state tax credit. The remaining amount may qualify as a federal charitable deduction if you itemize.

There is no limit on individual donations, but the statewide program cap is $18.5 million in credits for FY2026.

Claiming Your Credit

Your receipt includes a Tax Credit Certification Number (TCCN). Use this when filing your Indiana taxes (Schedule 6, code 849).

You can file an amended return or carry the credit forward for up to 9 years.

Timing & Giving

If credits are exhausted, donations may be processed without credit or returned. Credits reset July 1.

Make your donation before December 31. Online giving is fastest; mailed donations must be postmarked in time.