The Brophy Community Foundation was organized and incorporate in 1998 in response to the Arizona Private School Tuition Tax Law of 1997 (A.R.S. Section 43-1089). This law allows Arizona taxpayers to donate up to $500 if single, or $1000 if married filing jointly, to a school tuition organization, such as the Brophy Community Foundation, and receive a dollar for dollar state income tax credit for their donation.

In 2006, a corporate tax credit became law allowing us to provide even more tuition aid to families with a financial need. This dollar for dollar corporate tax credit is available to “C” corporations and “S” corporations (only if the “S” corporation has a tax liability at the corporate level). There is no contribution cap per corporation, but there is a statewide cap of $10 million for FY 2006-07. Each year, for the five years of the program, the cap will increase by 20%, until FY 2010-2011, when it will reach nearly $21 million.

The Brophy Community Foundation is a school tuition organization and as such allocates 90% of its annual revenue for tuition aid to students at Brophy College Preparatory, several private feeder elementary schools, St Michaels Indian School (http://smis1902.org) and Boys Hope Girls Hope (http://www.bhghaz.com) students.

Tuition aid awards are based strictly on financial need. The Foundation’s goal is to ensure that no qualified student is turned away from a Brophy education due to financial constraints.

Brophy Community Foundation is a tax-exempt organization pursuant to Section 501(c)(3) of the Internal Revenue Code of 1986. The Foundation’s Federal Identification Number is 86-0929111.