CTODP ~ Catholic Tuition Organization of the Diocese of Phoenix

Families and friends are encouraged to participate in the CTODP tuition tax credit program, which enables Arizona taxpayers to direct their tax dollars to St. Francis Xavier school students. Arizona taxpayers can designate any amount up to a maximum of $1000 if married or $500 if single to St. Francis Xavier School and receive a dollar for dollar tax credit on their Arizona taxes.

Why do the students of St. Francis Xavier School need my help?

• The most effective means for offsetting tuition costs for many families is the Catholic Tuition Organization of the Diocese of Phoenix (CTODP).

• OVER 60% of the students at St. Francis Xavier School
  currently benefit from scholarships and grants from the CTODP.

CTODP 2007 - TAKE THE CREDIT - Designate St. Francis Xavier School, code #154

Frequently Asked Questions

Q. How does the Private School Tax Credit work?

Q. How does a tax credit differ from a tax deduction? Can I claim both?

A. A tax credit is more beneficial than a tax deduction. A credit reduces your Arizona taxes dollar-for-dollar while a deduction reduces the taxable income upon which taxes are calculated.  If you claim the CTODP payment as a tax credit on your Arizona return, you cannot also claim a deduction on your Arizona return.  However, you can claim the CTODP payment as a charitable contribution (if you itemize your deductions) on your Federal income tax return and as a tax credit on your Arizona return.

Q. Do I have to give the full $1000 (or $500 if single)?

A. No.  You can give any amount.  You will receive a tax credit up to the $1000 maximum ($500 maximum if single).  The credit will benefit you to the extent to which you incur an Arizona income tax obligation. 

Q. Can I split my contribution between two or more private schools?

A. Yes.  You can designate to multiple private schools.  Your combined contributions are subject to the $1000 Private School Tax Credit maximum ($500 tax credit maximum if single).

Q. Can I also take advantage of the $400 Public School Tax Credit for support of extracurricular activities?

A. Yes.  You can participate in both tax credit programs and receive a state tax credit of up to $1400 ($700 if single)! Contact the public school of your choice for details.

Q. Do I have to pay with a check?

A. No. You can use a check, credit card or the interest-free loan program available through Tempe Schools Credit Union. A TSCU representative will be at our school CTODP Coffee on Friday, December 7th from 8am- 9:30am to accept applications. You can also contribute online, a form is available at www.ctodp.org.

Q. Does the CTODP accept matching gifts from employers?

A. Yes! This is a great way to double or triple your payment. Your employer's benefits department can verify participation. Complete the employee portion of the application and mail to: CTODP  340 E. Palm Lane Suite A-138 Phoenix, AZ 85004 or mail it with your payment. CTODP will notify you upon receipt of the matching payment.  A list of participating employers is available at www.ctodp.org.

For more information, contact Mike Stoffey 602.377.0350 or Tami Bohannon 602.2121.4514 or www.ctodp.org