Win-Win Opportunity for Our Supporters!
The LLH is now eligible to benefit from the Opportunity Scholarship Fund (OSF), which is a scholarship granting organization that provides scholarships for students to attend an accredited private school in Oklahoma. Although, we do not charge tuition, the original bill was modified allowing the OSF to support costs associated with educational expenses, which makes the LLH eligible!
As a friend of the LLH, you can participate by giving a charitable gift to the OSF in honor of the Little Light House. Any one-time gift will receive a tax deduction and up to a 50% state tax credit and any two-year pledge will receive up to a 75% state tax credit. 92.5% of the funds donated to OSF for the LLH will come directly back to helping the children at the LLH. OSF receives 7.5% to assist in covering costs of maintaining this fund for the state. Annually, individuals can donate through OSF for the tax credit up to $2,000; those filing jointly, can donate up to $4,000, and businesses can donate up to $200,000. Please visit the OSF’s website at osfkids.org to receive more information.
Below are credit limits for each eligible, filing category:
- Individual Credit Limit: $1,000 ($2,000 donation)
- Joint Filing Credit Limit: $2,000 ($4,000 donation)
- Company Credit Limit: $100,000 ($200,000 donation)
Please contact Rachel Mouton, Director of Development.