Donor Benefits

  • Receive a charitable giving receipt.
  • Apply 65% of gift value against taxes owed in the giving year.
  • If you pay taxes, you can reduce your tax liability by 75-105%.*
  • Determine how your tax dollars are used – to help children receive a quality Christian education.
  • Help to improve a community through the values based culture the education you sponsor will provide.

*Renewanation is not a certified tax service organization. Reduced tax liability needs to be determined by donor’s tax preparer.

Who Qualifies to Give?

  • Individuals must give a minimum of $500 but may give as much as $125,000 a year.
  • There are no limits for businesses, including sole proprietors.

The Process

  • Individuals and businesses seeking to make a donation to an approved scholarship foundation must must first apply to the Virginia Department of Education (VDOE) for pre-authorization for a specified tax credit amount under the Education Improvement Scholarships Tax Credits Program. Click here for form, provided on the VDOE website (near the bottom of the web page under RESOURCES: FOR DONORS.) NOTE: The RENEWANATION office can help you with this entire process if you like. Just contact judy@renewanation.org
  • Tax credits are preauthorized to donors on a first come, first served basis.
  • A preauthorization notice issued to the donor by VDOE must accompany the donation from the donor to the Renewanation Virginia Scholarship Foundation (RVSF).
  • The RVSF will, within 20 days, return the notice to VDOE certifying the donor, the amount of the donation, and the date it was received from the donor.
  • Once the donation is received and reported by the RVSF, then VDOE will issue a tax credit certificate to the individual or business donor, which must be submitted with the applicable Virginia tax return in order to claim the credit.
  • Pre-authorization notices not acted upon by the donor within 180 calendar days of issuance will become void.

Further Questions?

See our FAQ page. If you have further questions, feel free to contact us at 1-855-TO-RENEW, or call locally at (540) 890-8900.

You can make the difference!

You can ensure a Christian education is available for many more Virginia students.