(Georgia Tax Credit)

Start by downloading two forms:

GRACE Contribution Form >>
TP1 Form with GRACE Information >>

Step 1: GET PRE-APPROVED

Individuals submit form TP1 to State Department of Revenue at address on the form. the taxpayer ID is GRACE Scholars is 26-3237980. List GRACE as the SSO and enter the intended amount. The state will respond within 30 days with an approval letter.

Step 2: COMPLETE GIFT

Upon receipt of pre-approval, you will have 60 days from the date of approval letter
to complete you gift, but no later than December 31. Send the state's pre-approval letter, GRACE designation form and check payable to "GRACE Scholars, Inc."

The address is:
GRACE Scholars
2401 Lake Park Drive SE
Smyrna, GA 30080

Donors may also PAY ONLINE. Schools can be designated when paying online.
A copy of the approval letter from the Department of Revenue must be mailed
to GRACE Scholars regardless of the payment method.

WE RESPOND
Grace Scholars will acknowledge your check with a thank you letter and state form SSO1 that you will need for preparing your state income tax return.

Claim your GRACE donation as a charitable deduction on your Federal Return.
Claim 100% tax credit on GA Return: Increase Georgia Adjusted Gross Income by adding back GRACE donation on GA Form 500, Schedule 1, line 4. On GA Form 500, Schedule 2, line 4 list GRACE donation as the Qualified Education Expense Credit.

Listen to Bishop J. Kevin Boland both show and explain the simple steps required for a GRACE Scholars donation:

View Audio Slide Show >>

To learn all of the details about the new law, the process for pre-qualifying and
making your contributions, and G.R.A.C.E. Scholars, Inc., please visit the website
at www.gracescholars.org or contact Anne Dawahare at St. Anne-Pacelli at anne@stanneweb.com, 706.561.8232, ext. 126.