RI Tax Credit Program
The Grace School at Meeting Street is a proud partner of STEPS (Scholarships to Economically Poor Students), a scholarship granting organization (SGO) comprised of area independent schools that provide robust financial aid to students from low-income households. STEPS is exclusively supported by the Rhode Island Scholarship Tax Credit Program, which allows corporations to receive valuable RI tax credit for contributing scholarship dollars.
C-Corps, S-Corps, LLPs, and LLCs of all sizes can qualify for a state tax credit of up-to 90% of their total donation to STEPS. The application process is simple and tax credits can be as large as $100,000. Learn more about STEPS Program Information (.pdf), or to download the application (.pdf), visit the RI Division of Taxation website.
Many of Rhode Island’s best known companies are participating, so why aren’t you? For more information, please contact Lori Sousa at 401.533.9223.
Frequently Asked Questions (FAQs)