Donor Benefits

• Obtain a charitable giving receipt
• Receive 75% of the gift value as a State Tax Credit
• Earn additional tax benefits as a charitable donation (Federal & State, refer to your CPA)
• Benefits apply to both individuals and businesses
• Tax credit may be claimed and deducted from the taxpayer’s tax liability during the year in which the contribution was made or may carry forward (see FAQs)
• Contributions may be monetary (cash, check, credit card), marketable securities, personal property, or real estate
• Direct your tax dollars to help children receive a quality Christian education
• Help to improve a community through the values-based culture the education you sponsor will provide

Who Qualifies to Give?

Donors eligible to make contributions to a scholarship granting organization (SGO) and receive tax credit currently include:

• Individuals and businesses (including shareholders, partners, members in pass-through entities and fiduciary taxpayers)
• Taxpayers with a privilege tax liability
• Taxpayers with a premium tax liability
• Corporate income tax liability
• C Corporations filing a corporate income tax return pursuant to the Kansas income tax act and amendments thereto
• Taxpayers filing a privilege tax return pursuant to K.S.A. 79-1105c et seq. and amendments thereto
• Companies filing an insurance premium tax statement pursuant to K.S.A. 40-252 and amendments thereto

The Process

1.  Please contact Curtis Cornell at curtis@renewanation.org or call Renewanation at 540-890-8900 about your desire to participate in this program to help children receive a Christian education.
2.  Receive and complete a simple application.
3.  Submit your contribution to Renewanation.
4. Renewanation will electronically submit your information and contribution to the Kansas Dept. of Revenue (KDOR).

5. The KDOR will review and approve or deny the contribution based on the program’s remaining available credits and $10 million cap.
6. Renewanation will provide a copy of the approval or denial notice to the tax credit applicant.
7. If approved, Renewanation will also provide the tax credit applicant with a tax credit certificate to be used when filing annual tax returns.

Further Questions?

See our FAQ page. If you have further questions, feel free to contact us at our  main headquarters at 540-890-8900.