In Some States, Donating to Private Schools Can Earn You a Profit
In Georgia, taxpayers who want to help low-income students afford private school tuition are enticed by more than just an appeal to their good will. On its website, Whitefield Academy, a “Christ-centered” preparatory school in the suburbs west of Atlanta, tells donors, “You actually stand to make money on this program.”
The Wood Acres School, 25 minutes north of Whitefield, advertises that donors can “profit up to 29 percent” on their donation.
And Pay It Forward Scholarships, an organization that doles out grants under Georgia’s tax credit program, counsels, “You will end with more money than when you started, and you will be helping students receive a good education.”