Oklahoma Equal Opportunity Scholarship Act

The Oklahoma Equal Opportunity Education Scholarship Act allows supporters of public education to receive up to 50-75% tax credit for their contributions to the Oakdale School Foundation.

Our organization can honor a total of $200,000 in tax credits each year according to the following criteria:

·         One-year donations of at least $3000 are eligible for a tax credit of up to 50%.

·         Two-year commitments of at least $3000 each year are eligible for a tax credit of up to 75%.

We would love to visit with you in greater detail about this opportunity to partner together to transform educational opportunities for students. If you have any questions or would like to talk immediately, you are welcome to contact Janna Block, OSF Treasurer at 214-417-4921. To qualify for the tax credit, the Oakdale School Foundation must submit proof of your eligibility to the Oklahoma Tax Commission. 

Pursuant to the Act, contributions of $3000 or more made on or after August 10, 2022 by any taxpayer to Oakdale School Foundation may be eligible for a tax credit. For any eligible donation during a single year, taxpayers may receive up to a 50% credit of the total amount of contributions, not to exceed One Thousand Dollars ($1,000.00) for single individuals, Two Thousand Dollars ($2,000.00) for married individuals filing jointly, or One Hundred Thousand Dollars ($100,000.00) for any taxpayer which is a legal business entity as provided under the Act. 

 

Taxpayers who make an eligible contribution to Oakdale School Foundation and make a written commitment to contribute the same amount for an additional year may be eligible for a credit of up to 75%. Any taxpayer making a contribution under this provision is responsible for providing evidence of the written commitment to the Oklahoma Tax Commission at the time of filing the refund claim. 

 Please print and download the form below.