Indiana Tax Credits

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Harmony Scholarship Program

The Indiana State Scholarship Tax Credit program allows certified schools such as Harmony to raise funds to support scholarships.  When you make a donation to Harmony School using these tax credits, 50% of your donation comes dollar for dollar off your Indiana state income tax bill and if you itemize on your federal income tax return, you will receive an additional 35% deduction on your federal income tax return. For every $1,000 you contribute to The Harmony School Fund at Sagamore Institute your out-of-pocket expense could be as little as $100 for individuals and corporations depending on your tax bracket.  This tax credit program has NO maximum donation limit and credits may be carried forward up to 9 years and applied to offset a donor’s future Indiana tax liabilities.

Below is a breakdown of the tax benefits available to donors (using the example of a $1,000 donation) and click here to view letter from an accountant. Anyone interested in making a tax credit donation, is advised to consult with a tax advisor to review the tax credit information related to their own particular tax situation.

Tax Credits(Click on Image to Expand)

These tax credits are available on a first-come, first-serve basis starting on July 1st and it is estimated that these tax credits will all be used up by December 1st 2017, please contact Development Director, Fern Goodman at (812) 334-8349 ext. 215 or fern@harmonyschool.org.

Harmony Scholarship Program Tax Credit Packet

Harmony Scholarship Program Donation Form

Click Here To Donate With A Credit Card