Building Strong Men & Women of Faith for the Future

Catholic cheerleaders doing service work
Catholic students on laptop in classroom
Catholic students preparing for graduation ceremony
Catholic students fine arts play performance
teacher assisting Catholic student in classroom
Catholic students preparing for communion
Catholic students working on math together in class
Catholic students in science class
Catholic students working on science project in class
Catholic students working on a project in a classroom
Catholic students graduating
Catholic students doing service work

Catholic Tuition Organization

A Great Investment in Our Kids

Help pave their way to opportunity, greater knowledge, self-esteem and success through the Catholic Tuition Organization and receive of your donation back in the form of Iowa tax credits with plenty to celebrate.

Thanks to Our Donors...

Students received tuition assistance to attend our Catholic schools in 2023-24!
$
in tuition assistance provided for 2023-24 school year!

543 donations totaling

$
were received in 2023 for the 2024-25 school year!

75% Iowa Income Tax Credit for Contribution to CTO

Example for Individuals, S Corsp, LLCs/Partnerships, Trusts, and Estates*

Iowa Tax SavingsFederal Tax SavingsTotal BenefitNet Cost
Individual taxable
income (line 38 - Iowa
Form 1040)
Iowa individual income tax (based on 2024
tax rates) is approximately
If Donor contributes
the following to CTO
Donor’s 75% Iowa tax credit will beReducing Donor’s Iowa
income tax to (overpayment)
Plus, if donor is itemizing charitable deductions on
Federal return, deduct
Will reduce donor’s Federal tax by (assuming 32% rate)Total tax savings (Iowa &
Federal)
Net cost to donor (donation less tax savings)
ABCD = C x 75%E = B - DF = C - DG = F x 32%H = D +
G
I = C - H
$50,000$2,551$1,250$938$1,613$312$100$1,038$212
$75,000$3,976$2,500$1,875$2,101$625$200$2,075$425
$100,000$5,401$5,000$3,750$1,651$1,250$400$4,150$850
$150,000$8,251$7,500$5,625$2,626$1,875$600$6,225$1,275
$200,000$11,101$10,000$7,500$3,601$2,500$800$8,300$1,700
$250,000$13,951$20,000$15,000($1,049)$5,000$1,600$16,600$3,400
$300,000$16,801$25,000$18,750($1,949)$6,250$2,000$20,750$4,250

* These examples above are for comparison purposes only and do not constitute tax advice. Consults with your tax advisor about potential tax benefits when donation to CTO.

Latest News

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Important Dates for 2024

For Tuition Assistance

April 15, 2024

Application deadline, including completed application and tax returns submitted to FAIR. www.fairapp.com

February 1, 2024

Application process begins for the 2024-2025 school year. www.fairapp.com

For Donors

December 31, 2024

Donations must be received or postmarked to be included in 2024 contribution year.

December 1, 2024

Requested due date to fulfill pledges made earlier in the year.