JI: Treasury offers guidance to Jewish groups on new ed. tax credit

Jewish advocacy groups are celebrating a new set of wonky tax guidelines released last week by the Treasury Department that offer clarity into a new federal education tax credit that they hope will help more Jewish families access day school education. 

 

...“The substance of the preview was very positive, and it was very positive for parents, for all families, for people who send their kids to public schools, to Jewish day schools and to private schools,” Sheila Katz, chief Jewish life officer at the Jewish Federations of North America, told Jewish Insider on Friday.

 

...JFNA is working with its network of local Jewish federations to prepare for when the new scholarship-granting organizations (SGOs) are allowed to begin operating. The group wants people to know about the tax break they could be able to receive if they support SGOs operating within the Jewish community. Jewish organizations believe that the bump in giving prompted by the tax credit will substantially increase the amount of scholarship funds available to help Jewish children attend day schools. 

 

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