CTO NEWS

December 31, 2024

By admin / May 28, 2024 / Comments Off on December 31, 2024

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

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December 1, 2024

By admin / May 28, 2024 / Comments Off on December 1, 2024

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

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April 15, 2024

By admin / May 28, 2024 / Comments Off on April 15, 2024

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

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February 1, 2024

By admin / May 28, 2024 / Comments Off on February 1, 2024

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

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Unlocking Educational Opportunities: Financial Assistance for Southwest Iowa Families

By admin / March 28, 2024 / Comments Off on Unlocking Educational Opportunities: Financial Assistance for Southwest Iowa Families

In the pursuit of quality education for all, Iowa stands at the forefront, offering families two invaluable resources – School Tuition Organizations (STOs) and Iowa Education Savings Accounts (ESAs). Families living within the Diocese of Des Moines are not only encouraged but should explore the benefits of both programs, as qualified applicants can receive assistance from…

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How will the Iowa tax rate changes impact CTO?

By admin / February 29, 2024 / Comments Off on How will the Iowa tax rate changes impact CTO?

Good question! The Governor signed into law significant tax changes in 2022.  In 2021, the top Iowa tax rate was 8.53% and this legislation lowered the top tax rate to 6.5% for 2022.  In addition, the top tax rate will step down to 6% for 2023, 5.7% for 2024, 4.82% for 2025 and 3.9% for…

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Why Pledge to CTO Now?

By admin / January 14, 2022 / Comments Off on Why Pledge to CTO Now?

The short answer to ‘Why Pledge to CTO?’ is to reserve your limited tax credits; allowing you to wait and complete your pledge by December 15. The better answer?  In 2021, CTO allocated all of our tax credits by October 1st, the earliest ever in our 15-year history.  A good economy helped, our prayers to…

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