SGOs

Scholarship Granting Organization (SGO)

Bishop Chatard High 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).

How does it work?

Institute for Quality Education Logo

Instead of donating directly to the school, you give a gift to the Institute for Quality Education (IQE), designating Bishop Chatard High School as the beneficiary. IQE distributes the money to Bishop Chatard to be used for tuition assistance for the North Deanery high school’s 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.


IMPORTANT TAX CREDIT STATUS

In July, tax credit dollars were made available to Hoosier taxpayers. Donations made after these funds are depleted do not receive the tax credit, so we encourage you to donate early.

Check total remaining tax credits for the current year.


How do I donate?

IQE Online Donation Form
Designate Bishop Chatard as the recipient school during the online donation.

OR

Mail your donation to Bishop Chatard.

  1. Download and complete the donation form.
  2. Mail to: Bishop Chatard High School, Attn: Advancement Office, 5885 Crittenden Ave., Indianapolis, IN 46220
  3. We record the donation and then send it to IQE.

Frequently Asked Questions

Yes. Please contact Margaret Ruffing, mruffing@bishopchatard.org, 317-251-1451, Ext. 2242 and she will assist you with your donation.
Yes, in most cases. The only exception we are aware of is Eli Lilly. Lilly does not match donations to an SGO.
No. Vouchers (officially known as ‘School Choice Scholarships’) are funded by state tax distributions. The amount eligible recipients receive for School Choice Scholarships is set by the state, and dependent on the family’s public school district. Scholarships through SGOs are funded by your charitable donations. The amount for an eligible recipient is dependent on the amount of funds that have been donated and are available in the SGO account for BCHS.
A tax deduction can be removed from your taxable income. A tax credit directly reduces the amount of tax you owe.
No, the tax incentives are not valid if a gift is designated to a specific student.

Further questions? Contact Aly Schroeder, Donor Manager, at aschroeder@bishopchatard.org.