Our Mission
The Brophy Community Foundation was organized and incorporated 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 valley private feeder elementary schools, and
to several schools in Northern Arizona including St.
Michael’s Indian School, St. Anthony’s and St. Joseph’s.
We also assist Boys Hope Girls Hope 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.
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