Additional ETC Resources for Your Use

Submitted by admin on Tue, 03/15/2016 - 14:37

New York Christian Schools,

Here are some additional notes that might be helpful as you share the Education Tax Credit opportunity with your communities. There is also a flyer that can be downloaded here that you can use as well.

Why should our faith based schools get involved in trying to get the Education Tax Credit become part of New York State legislation?

FACT: The Education Tax Credit would add resources to public education. Half the amount of tax credits in the Assembly and Senate bills would generate $100 million in annual charitable donations (from $75 million in available tax credits) to public schools and non-profit organizations that provide programming to public schools. This figure would be on top of the state legislature's $1.4 billion increase in state aid to public schools to $23.5 billion.

FACT: The Education Tax Credit would redistribute wealth from donors to education. New York State's progressive income tax generates billions of dollars from upper income and wealthy New Yorkers. This Education Tax Credit approach would generate even greater charitable donations to effectively be redistributed to education, both on the public side and for non-profit scholarship opportunities. Accordingly, every donor, wealthy or not, parts with their money through taxes and higher donations; they don't keep their money.

FACT: The Education Tax Credit program is transparent and accountable to the public. Every participating organization receiving tax-credited donations must be a non-profit organization and be pre-approved by the State Education Department through a screening process. In addition, every donation must first be authorized by the State Taxation and Finance Department to ensure it is for a pre-approved organization and within the tax credit limits established in the legislation.

FACT: The Education Tax Credit would help primarily children from low-income households. The Governor's and Assembly proposals ensure most private scholarships be awarded to students from low-income households. Furthermore, the state's vast non-profit educational sector, both on scholarship and public school sides, are well-established to serve high-needs, urban areas of the state.

FACT: The Education Tax Credit expands existing State tax law incentives for educational needs. State tax law already encourages donations for charitable purposes; this proposal merely expands it for specific educational needs which already qualify for tax-deductible contributions.

If you have questions or need any more information, please don't hesitate to contact us at

** Don't forget to visit the ACSINY Voter Voice site to let your legislators know you support the NY Education Tax Credit!