Support Heritage Academy
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Charitable Contributions
By giving to Heritage Academy you are investing in future students and families who aspire to the University-Model®️ of Schooling. Plus you are changing the lives of numerous students and families as the school partners with Christian families in preparing well educated character witnesses for Jesus Christ. Heritage Academy is recognized by the IRS as a private, non-profit 501 (c) (3) organization. As a result, qualified donations to the school’s general fund are tax deductible. |
MOScholars Tax Redirection Program
The Herzog Tomorrow Foundation is partnering with the state of Missouri to provide over 700 scholarships to low-income students and students with IEPs to attend private Christian schools like Heritage Academy. Several Heritage Academy families have been awarded scholarships and still more hoping to benefit from this program in the future. These scholarships are funded by a Missouri tax-credit program that started last summer. The MOScholars tax-credit program allows individuals and businesses to redirect up to 50% of their Missouri tax liability with a 100% tax credit for donations to the Herzog Tomorrow Foundation.
Are you ready to put your tax dollars to work for young Missouri scholars?
1. Visit the MO Treasurer’s MOScholars website.
2. Once on the MOScholars page, locate the “Tax Credit Reservation System” link, half-way down on the right-hand side of the page.
3. Select “Herzog Tomorrow Foundation” as your EAO (Educational Assistant Organization) to receive your tax credit.
4. Keep a lookout for follow-up information(email) from Mayela Esser at the Herzog Tomorrow Foundation about the redirection of your tax dollars.
Mayela Esser, at the Herzog Tomorrow Foundation would be happy to answer any questions you might have. You can reach her at 816-601-3379 or email her directly at messer@herzogtomorrowfoundation.com
How does it work?
Eligible donors to the MOScholars program include any of the following that files a Missouri income tax return and is not a dependent of any other taxpayer:
Donate and Receive a Dollar for Dollar Tax Deduction of 50% of the donation amount.
Missouri’s only 100% tax credit program is available to any business owners or individuals with personal tax liability to the State of Missouri. What is unique about this program is that it is not funded directly by the state of Missouri. Instead, the six Education Assistance Organizations (EAOs) approved to grant MOScholars scholarships to students raise the funds for the scholarships. This program enables them to raise those funds from tax donations. It is Missouri’s only 100% tax credit. The MOScholars tax credit is not a traditional deduction on your taxes; instead, it is a dollar-for-dollar credit that reduces your state tax liability in an amount equal to the donation you make to the scholarship fund. You can donate an amount that is up to 50% of your state tax liability.
A. As long as you owe at least $1,000 to the state, you can support MOScholars. The MOScholars tax credit is available to persons and businesses who pay taxes of $1000 or more and make an eligible donation to the fund.
B. An eligible donation would be at least $500, with a cap of $25M for the year. That means, if you or your business owe $40,000, you can donate up to $20,000 and you will get a $20,000 tax credit certificate that you later use when filing your state taxes to reduce your tax liability by that same amount. The 100% tax credit allows YOU to essentially decide where your tax dollars go!
The Herzog Tomorrow Foundation is partnering with the state of Missouri to provide over 700 scholarships to low-income students and students with IEPs to attend private Christian schools like Heritage Academy. Several Heritage Academy families have been awarded scholarships and still more hoping to benefit from this program in the future. These scholarships are funded by a Missouri tax-credit program that started last summer. The MOScholars tax-credit program allows individuals and businesses to redirect up to 50% of their Missouri tax liability with a 100% tax credit for donations to the Herzog Tomorrow Foundation.
Are you ready to put your tax dollars to work for young Missouri scholars?
1. Visit the MO Treasurer’s MOScholars website.
2. Once on the MOScholars page, locate the “Tax Credit Reservation System” link, half-way down on the right-hand side of the page.
3. Select “Herzog Tomorrow Foundation” as your EAO (Educational Assistant Organization) to receive your tax credit.
4. Keep a lookout for follow-up information(email) from Mayela Esser at the Herzog Tomorrow Foundation about the redirection of your tax dollars.
Mayela Esser, at the Herzog Tomorrow Foundation would be happy to answer any questions you might have. You can reach her at 816-601-3379 or email her directly at messer@herzogtomorrowfoundation.com
How does it work?
Eligible donors to the MOScholars program include any of the following that files a Missouri income tax return and is not a dependent of any other taxpayer:
- An individual subject to state income tax;
- An individual, firm, partner in a firm, corporation or shareholder in an S-Corp doing business in the state and subject to state income tax; and,
- An express company that pays an annual tax on its gross receipts in Missouri under chapter 153.
Donate and Receive a Dollar for Dollar Tax Deduction of 50% of the donation amount.
Missouri’s only 100% tax credit program is available to any business owners or individuals with personal tax liability to the State of Missouri. What is unique about this program is that it is not funded directly by the state of Missouri. Instead, the six Education Assistance Organizations (EAOs) approved to grant MOScholars scholarships to students raise the funds for the scholarships. This program enables them to raise those funds from tax donations. It is Missouri’s only 100% tax credit. The MOScholars tax credit is not a traditional deduction on your taxes; instead, it is a dollar-for-dollar credit that reduces your state tax liability in an amount equal to the donation you make to the scholarship fund. You can donate an amount that is up to 50% of your state tax liability.
A. As long as you owe at least $1,000 to the state, you can support MOScholars. The MOScholars tax credit is available to persons and businesses who pay taxes of $1000 or more and make an eligible donation to the fund.
B. An eligible donation would be at least $500, with a cap of $25M for the year. That means, if you or your business owe $40,000, you can donate up to $20,000 and you will get a $20,000 tax credit certificate that you later use when filing your state taxes to reduce your tax liability by that same amount. The 100% tax credit allows YOU to essentially decide where your tax dollars go!