FINANCIAL ASSISTANCE FOR INDEPENDENT SCHOOLS

Verde Valley School’s Arizona State Tax Credit Fund is the Financial Assistance for Independent Schools (FAIS) and is a School Tuition Organization (STO) approved by the State of Arizona to receive private school tax credit contributions from Arizona taxpayers.

Arizona law allows, and encourages, its tax payers to direct their state tax dollars straight to independent schools through a School Tuition Organization (STO). Financial Assistance for Independent Schools (FAIS) is a School Tuition Organization (STO) approved by the State of Arizona to receive private school tax credit contributions from Arizona taxpayers. FAIS then allocates the funds received directly to a restricted scholarships fund for Arizona students to attend Verde Valley School. This means you give the money you already owe the state goes directly to VVS scholarships, at no additional expense to you!

Arizona offers two state tax credit options

Answers to some questions you may have:

Who is eligible to give? Any Arizona resident who pays Arizona state income tax is eligible. You can give to the program even if you don’t have a child enrolled at VVS.

You don’t have to have a child enrolled at VVS to donate? No. So please share the link with friends and relatives who are Arizona tax-payers. You can be assured that all money given to FAIS is used specifically for student scholarships at VVS and no other programs.  Please consider supporting Arizona students and Verde Valley School through this generous program.

How does it work? When you make a donation to FAIS you will receive an acknowledgment letter that entitles you to a dollar-for-dollar credit to your Arizona state income tax. Your tax credit donation is also a deductible gift if you itemize your federal income taxes.             

Where does the money go? All donations become part of the financial aid package given to deserving Arizona students already attending or entering VVS, making a VVS education more affordable for a wider range of exceptional students from Arizona.

If I am entitled to a tax refund, can I still participate? Yes.  Your refund will reflect the amount you donated to FAIS.

Can I give to VVS and a public school? Yes. Donations to each will be a tax credit for you. Each donation entitles you to a separate tax credit.

For more information please contact Office Manager & Registrar, Dana Blavat at dana@vvsaz.org.