May 2014 Legislation Offers OSF Improvements

The enabling legislation was amended in May 2014. Two important elements were added. Three Year Donations: One was the 75% tax credit for Year One of a three-year commitment. But that benefit will not be effective until January 1, 2015.  Until then there is no additional benefit beyond the 50% tax credits. Pass Through Business Entities: The other was the treatment of subchapter S corporations and other “pass through business entities” as businesses entitled to the maximum $200,000 contribution. But that benefit will…

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  • August 15, 2014

Wesleyan Christian School and Tulsa Hope Academy First to Join OSF

The first two schools to sign a Memorandum of Understanding with the Fund were Wesleyan Christian School of Bartlesville (Jan Boomer, July 18) and the Tulsa Hope Academy (Debra McCullough, July 24). Both schools have immediate plans to expand their scholarship programs via the Opportunity Scholarship Fund.

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  • August 12, 2014