PRIVATE SCHOOLS
Your donors get the credit. Your students get the scholarship.
For Private Schools
Scholarships Funded by Donors, Directed by Families
What this means for fundraising - a donor conversation you have never been able to have.
Every development office works within the same constraint: donors give from what remains after taxes. The EFTC changes the source. A donor directing $1,700 to a qualifying SGO claims that amount back as a credit against federal tax owed.
That reaches past your major gift list to every parent, grandparent, and alumnus who files a return. It does not compete with your annual appeal, because it does not come from the same pocket.
Where You Fit
Three ways to connect, and the fastest may already exist in your state
Partner with an existing SGO
The faster path for most private schools. An SGO in your state can accept donations with your school designated, then award scholarships to your families. You keep your development team focused on the annual appeal and capital priorities.
Build your own SGO
If your school or association already operates a 501(c)(3) scholarship entity, qualifying is a shorter step than it looks. This gives you control over criteria and designation.
Coordinate through your association
State and regional private school associations, including diocesan and denominational school offices, are well positioned to serve member schools as a shared SGO. If your association is exploring it, we should talk.
Strategic Migration Roadmap for Private Schools
August 2026
Phase 1
Legal and Financial Foundation
September - October 2026
Phase 2
Regulatory and Technical Readiness
November - December 2026
Phase 3
Certification and Cultivation
January 1, 2027
Phase 4
Program Launch
Why ClassWallet
An infrastructure of integrity focused on end-to-end compliance
ClassWallet is the payment and compliance infrastructure behind education funding programs in 37 states. Federal law requires vendor vetting, spending controls, and documentation on every transaction, and ClassWallet's industry-leading technology makes it as simple as printing off the report.
Families spend within program rules. Administrators get transaction-level reporting. Nothing depends on anyone remembering to keep receipts.
PER TAXPAYER
$1700
dollar-for-dollar federal tax credit
NATIONWIDE
Uncapped
no limit on total credits
TIMELINE
Jan 2027
program goes live
Ready to connect your school to the FSTC?
Talk with our team about the program and the path that fits your school.
Talk to our team