WHAT IS GASSO
Georgia Student Scholarship Organization. Inc. (GASSO) is a non-profit organization who "accepts and manages tax credit donations that give Georgia children access to the educational choices they deserve and need."
HOW DOES GASSO GET FUNDED
- dollars donated by
- family members
- Limited Liability Corporations (LLC’s)
- Partners in a Partnership (LLP’s)
- Subchapter-S corporations
- ANYONE who pays Georgia state income taxes
The amount contributed is recovered in a tax credit that reduces the state income tax owed, dollar-for-dollar.
Funds donated to GASSO designated for Furtah Preparatory School cannot be targeted to a specific student. However, if a sufficient pool of funds exists, more awards can be made to qualifying students.
Scholarship applications are open from January 1 to April 1 each year.
*Refer to a tax professional for advice based on your own circumstances.