St. Pius X Catholic School is proud to partner with the Institute for Quality Education (IQE), a scholarship granting organization (SGO), which allows donors to make gifts to Bishop Chatard that directly benefit the educational grants awarded to our students most in need AND allows donors to receive a substantial Indiana state tax savings of 50% of the donation (in addition to any Federal tax deduction). Instead of donating directly to the school, you give a gift to the Institute for Quality Education (IQE), designating St. Pius X Catholic School as the beneficiary. IQE distributes the money to St. Pius X to be used for tuition assistance for qualifying families.
Donors who are Indiana residents will earn a 50% state tax credit on gifts made through IQE as long as those gifts are received before the tax credits run out.
In addition to the Indiana tax credit, your donation is eligible for existing federal tax deductions. Depending on your personal circumstances, this can result in substantial tax savings, greatly reducing the actual cost of your contribution. Always consult your tax advisor for details.
the Institute for Quality Education (IQE) operates a Scholarship Granting Organization (SGO). The SGO awards scholarships to students enrolled in one K-8 from Indiana households that meet the income eligibility guidelines. The funds for the scholarships are raised through private donation. Individuals or businesses that donate to the SGO receive tax credits equal to fifty-percent (50%) of the amount donated.