About Us » Tax Credit Scholarship Program/Empower

Tax Credit Scholarship Program/Empower

 
 

You can FUND two full scholarships ($14,000 value) to Ascension School for just $1,750 through the Illinois Tax Credit Program and Empower Illinois.

 

35 Ascension students this 2022/23 school year were awarded scholarships from Empower. 11 Ascension students remained on the waiting list. Your generous contribution could make a major difference.

 

How does it work?

  • You donate through the Illinois Tax Credit Program through Empower Illinois
  • You designate Ascension School on your donation
  • The Archdiocese of Chicago matching fund doubles your donation
  • You receive a Tax Credit against your 2022 Illinois income tax liability for 75% of your donation.
  • The cost of high-quality Catholic education at Ascension is covered for students in need
How to Donate Step by Step

Beginning December 1st, contributions received qualify for a tax credit for the 2022 tax year and will help these families for the 2023-2024 school year. 

 

Our current economic environment has created many challenges for our local families. Tuition assistance requests have increased and will likely remain elevated for some time. With the support of our tax credit scholarship donors last year, many of Ascension's families were able to secure scholarships this school year.

 

So far this school year, many of these families have been placed on the waitlist and can use the support of our community to stay an Ascension family. 

Donation Examples Here's the Math:

A matching fund through the Archdiocese will match your pre-credit donation 1:1 beginning Dec. 1 until the $5 million fund is depleted.

Catholic and private schools across the state are participating in lobbying efforts in Springfield to make the program permanent. This program is currently due to expire at the end of 2023. Continue to support your local representatives who fight for the right to school and who support education in Catholic private school systems to make these programs permanent. #SaveMyScholarship Remove the Sunset

 

 
Fund a child’s future and support an Ascension School student with the Illinois Tax Credit Scholarship program. You’ll get a 75% credit on your IL state income tax from your donation. No donation is too large or too small. Learn more at: https://schools.archchicago.org/curriculum-and-resources/tax-credit-scholarships/donating-to-a-tax-credit-scholarship

2023/24 Match Program & Fundraising Information for Schools/Parishes 

2023/24 Match Program & Fundraising Information 
We are excited to announce that there will be a 1-to-1 Matching Program for TCS donations received through Empower Illinois.  This matching program will run from Dec. 1st, 2022 through March 31st, 2023, or when match pool funds are depleted, whichever occurs first.  The school matching cap has increased to $75k.  We hope that the changes to the match program will give donors an opportunity to take advantage of the program.  We encourage you to prepare to make a donation on December 1st.