The LSGO of Ohio’s purpose is to raise scholarship dollars for students to attend Lutheran schools throughout Ohio, with priority given to students from low-income households.
Contributors to the LSGO of Ohio qualify for a nonrefundable tax credit for their donations; the tax credit will be able to be applied to their Ohio state income tax liability, dollar-for-dollar, up to $750. Couples filing jointly may donate a total of $1,500, where each person separately donates $750 or more.
Scholarship Granting Organizations (SGOs) were just recently brought into existence in Ohio’s legislative sessions. As of 2022, the Lutheran Scholarship Granting Organization of Ohio is recognized as a charitable organization under Section 501c3 of the Internal Revenue Code.
View the one-minute informative video below to learn more.