Etz Chaim Preschool is proud to be a participant in the ALEF Fund, which was established in 2008 by the Jewish Federation of Greater Atlanta in response to the Georgia State Assembly’s passing of the Education Expense Credit.
Georgia Education Tax Credit: Make an Impact!
Become a part of one of the most important and sought-after opportunities in our state. Georgia offers an exceptional education tax credit program, allowing you to utilize your state income tax dollars to provide tuition assistance for deserving students seeking an Etz Chaim Preschool education.
By participating in this opportunity, you strengthen our school and make an extraordinary impact on the Etz Chaim Preschool student body – all without any additional cost to you.
The Georgia GOAL Scholarship Program recently became the official Student Scholarship Organization partner of the ALEF Fund. Through Georgia GOAL, you can contribute funds that directly support qualified students’ access to our exceptional educational environment, and you will receive a 100% Georgia income tax credit in exchange for your contribution.
Submit your 2025 GOAL Tax Credit Application today
It is almost certain that GOAL tax credits will be oversubscribed in 2025, just as they were this year. Accordingly, you must submit your 2025 application before the end of 2024 in order to obtain a GOAL tax credit. In addition, keep in mind that you are unlikely to be approved for the full amount of your requested tax credit.
Tax Credit Limits Based on Filing Status
| Tax Filing Status | Contribution Limit |
| Single Filer | $2,500 |
| Married Separate Filer | $2,500 |
| Married Joint Filer | $5,500 |
| Pass-Through Owner (not making HB 149 election)* | $25,000 |
| C Corp, Trust, or Pass-Through electing to pay tax at the entity level (HB 149)* | 75% of annual tax liability |
*Pass-through businesses can achieve considerable benefits through the GOAL tax credit due to favorable state and federal tax laws and regulations. These include a state tax credit, a federal tax deduction, and a substantial philanthropic impact. Learn more here.
How to Secure Your Contribution & 2025 Tax Credit
Apply Now
Complete the 2025 GOAL Tax Credit Application before the end of 2023 (takes just 20 seconds!).
GOAL Submits to DOR
GOAL will submit your application to the Georgia Department of Revenue (DOR) on the first business day of January 2024.
Approval
By mid-January 2024, GOAL and DOR will notify you of the approved tax credit amount and payment deadline.
Make Payment
Pay GOAL by check, credit card, or ACH within 60 days of DOR approval (by mid-March 2024).
Claim the Credit
GOAL will send you Form IT-QEE-SSO1 (tax receipt) in May 2025 to claim the credit on your Georgia income tax return. (Note: You will claim the credit on the income tax return for the year in which you make the payment).
For any questions, please contact Marty Gilbert. Thank you for your continued support of Etz Chaim Preschool
