PRIVATE SCHOOL TUITION ORGANIZATION INCOME TAX CREDITS IN ARIZONA SUMMARY OF ACTIVITY: FY 2014/2015 Arizona has four income tax credits for taxpayer donations to school tuition organizations (STOs). Two credits are for donations by individuals1 and two credits are for corporate donations.2 (The corporate donations can be claimed as a tax credit against corporate income tax or insurance premium tax.) CERTIFICATION Arizona law requires an STO to be certified by the Arizona Department of Revenue (ADOR) before it can begin collecting donations for tax credit purposes. The STO must be certified to collect donations from individuals and it must be certified to collect donations from corporations. Appendix 1 (pg. 25) lists all STOs which collected donations during FY 2014/2015 (FY2015) and their certification period. A total of 63 STOs were certified to operate in FY2015. Nine STOs that were certified for individual donations did not have corporate certification. Eight STOs that were certified for corporate donations did not have individual certification. Four STOs dissolved in FY2015. TOTAL DONATIONS Donations to STOs since the beginning of the individual credit in 1998 through the end of FY2015 total $952.4 million. Individual donations for the original credit have made up the majority of this amount, 71.6%, because of the longer period of time in which this credit has been available and because of a greater volume of donations. The following table shows total donations from each credit type. Time Period 1 2 Original Individual Donations Switcher Individual Donations Low-Income Student Corporate Donations DisabledDisplaced Corporate Donations Total Donations CY1998 CY1999 CY2000 CY2001 $1,815,798 $13,781,341 $17,701,284 $24,897,444 $1,815,798 $13,781,341 $17,701,284 $24,897,444 CY2002 CY2003 CY2004 CY2005 CY2006 CY2007 $26,512,683 $29,444,972 $31,846,494 $42,196,206 $51,012,326 $54,304,968 $7,260,800 $14,258,000 $26,512,683 $29,444,972 $31,846,494 $42,196,206 $58,273,126 $68,562,968 CY2008 CY2009 CY2010 $55,260,728 $50,916,897 $43,163,214 $9,122,121 $7,285,284 $11,123,657 $64,382,849 $58,983,181 $55,243,751 $781,000 $956,880 A.R.S. §§ 43-1089 and 43-1089.03 A.R.S. §§ 43-1183 and 1184 or A.R.S. §§ 20-224.06 and 20-224.07 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 1 Time Period nd 2 half of 3 FY2011 FY2012 FY2013 FY2014 FY2015 TOTAL Original Individual Donations Low-Income Student Corporate Donations Switcher Individual Donations $12,818,405 $51,918,033 $54,794,058 $58,129,582 $61,740,333 $682,254,766 $23,975 $19,891,765 $26,060,133 $30,750,957 $76,726,830 $2,301,803 $19,135,987 $29,858,865 $35,831,808 $42,998,170 $179,176,495 DisabledDisplaced Corporate Donations $770,000 $283,000 $3,505,350 $2,925,845 4 $5,031,920 $14,253,995 Total Donations $15,890,208 $71,360,995 $108,050,038 $122,947,368 $140,521,380 $952,412,086 Of all donations from both corporate and individual donors since 1998, Catholic Education Arizona has collected the most at $173.3 million or 18.2% of all donations. The second largest recipient of donations has been the Arizona Christian School Tuition Organization at $157.7 million or 16.6% of all donations (although this organization only accepts individual donations). Appendix 2 (pg. 27) shows every organization that has received donations, with the total received by credit type, since 1998. The STOs that are highlighted are no longer operational. In FY2015, Arizona Christian School Tuition Organization collected the most from all four programs at $18.2 million or 13.0% of all donations. TOTAL SCHOLARSHIPS Scholarships from STOs since the beginning of the individual credit in 1998 through the end of FY2015 total $780.2 million. Scholarships from individual donations have made up the majority of this amount, 78.0%, because of the longer period of time in which this revenue has been available and because of fewer restrictions on scholarships from individual donations than from corporate donations. The following table shows total scholarships from each credit type. Time Period Scholarships from Individual Donations Scholarships from Switcher Donations Scholarships from Low-Income Student Corporate Donations Scholarships from DisabledDisplaced Corporate Donations Total Scholarships CY1998 $103,790 $103,790 CY1999 CY2000 CY2001 CY2002 CY2003 CY2004 CY2005 $2,196,734 $13,561,981 $16,484,958 $22,826,746 $24,428,197 $28,025,083 $30,863,153 $2,196,734 $13,561,981 $16,484,958 $22,826,746 $24,428,197 $28,025,083 $30,863,153 CY2006 $40,594,978 $49,380 $40,644,358 3 The reporting period was changed from calendar year to fiscal year. In the first year of this change, FY2011, the first 6 months of donations was included in CY2010 figures. 4 Total donations reported for FY15 were greater than the cap due to monies received at the end of FY14 that were not deposited until FY15. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 2 Time Period CY2007 CY2008 CY2009 CY2010 nd 2 half of 5 FY2011 FY2012 FY2013 FY2014 FY2015 TOTAL Scholarships from Individual Donations Scholarships from Switcher Donations Scholarships from Low-Income Student Corporate Donations Scholarships from DisabledDisplaced Corporate Donations Total Scholarships $48,561,687 $54,205,394 $52,127,262 $47,333,755 $4,597,823 $7,615,639 $7,849,824 $9,259,078 $625,335 $715,424 $53,159,510 $61,821,033 $60,602,421 $57,308,257 $27,881,253 $45,209,410 $48,878,707 $4,681,192 $3,220,519 $11,294,842 $17,556,127 $66,837 $583,865 $731,231 $31,168,609 $57,088,117 $71,847,257 $49,610,422 $55,483,157 $608,376,667 $17,561,453 $24,667,347 $46,909,992 $24,167,516 $31,355,396 $116,966,144 $1,611,469 $3,592,866 $7,927,027 $92,950,860 $115,098,766 $780,179,830 As with donations, the Catholic Education Arizona has paid the most in scholarships since 1998 at $150.0 million, or 19.2% of all scholarships. The STO paying out the second largest amount in scholarships is the Arizona Christian School Tuition Organization at $140.9 million or 18.1% of all scholarships. Appendix 3 (pg. 31) shows every organization that has paid scholarships, with the total paid by credit type, since 1998. The STOs that are highlighted are no longer operational. In FY2015, Arizona Christian School Tuition Organization paid the most in scholarships for all four programs at $16.3 million or 14.1% of all scholarships. In terms of where the scholarship money went within Arizona, the majority went to schools within the City of Phoenix. About 34% of the scholarships and the scholarship money went to Phoenix private schools. Similarly, 63% of the scholarships and of the scholarship money went to schools in Maricopa County. The following table shows the number of scholarships, the amount of scholarships and the average scholarship paid out by county in FY2015. County Apache Cochise Coconino Gila Graham Maricopa Mohave Navajo Pima Pinal Santa Cruz Yavapai Yuma # of Scholarships 591 842 764 448 33 40,011 479 856 13,645 1,071 433 2,348 2,430 Scholarship $ $546,235 $1,703,227 $1,092,224 $813,316 $25,686 $72,489,896 $686,751 $1,187,501 $27,934,011 $1,468,138 $500,000 $3,227,552 $3,424,230 Avg. Scholarship $924 $2,023 $1,430 $1,815 $778 $1,812 $1,434 $1,387 $2,047 $1,371 $1,155 $1,375 $1,409 5 The reporting period was changed from calendar year to fiscal year. In the first year of this change, FY2011, the first 6 months of scholarships was included in CY2010 figures. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 3 Appendix 4 (pg. 35) shows the cities or towns within which scholarship money was received, the number of scholarships, total scholarships and the average scholarship amount. RESERVING SCHOLARSHIPS FOR STUDENTS IN FUTURE YEARS STOs are required to allocate at least 90% of their donations to provide scholarships in each of the four donation programs. Allocate means to both award scholarships in the current year and to reserve money for an award for the following year or a future multiyear scholarship for a specific student. In FY15, STOs reported reserving $55.4 million from the four programs for specific students in future years. It should be noted that a significant portion of the reserved future year awards are reported by some STOs as scholarships to be awarded in the upcoming academic year. The breakdown between each donation program is shown below: $ Reserved for Future Year Awards Original Individual Donation Program $15,890,130 Switcher Individual Donation Program $6,312,645 Low-Income Corporate Donation Program Disabled/Displaced Corporate Donation Program $32,025,033 $1,138,422 Appendix 5 (pg. 37) shows reserved amounts by school at which the specific student will be attending. SALARIES PAID STOs are required by statute to report the names, job titles and salaries of the three highestpaid employees. Of the STOs certified in FY2015, 37 (or 58.7%) were staffed by volunteers. Appendix 6 (pg. 47) lists the 26 STOs that reported salaries. AUDIT OR REVIEW PROCESS STOs operating in FY2015 used 31 CPA firms, paying them $321,417.6 The audit or review cost is listed for each STO in Appendix 7 (pg. 48). STOs paid as little as $900 and as much as $20,516 for their audit or review. These costs include audits or reviews for both individual and corporate receipts if the STO participated in both programs. INDIVIDUAL INCOME TAX CREDIT PROGRAM Arizona allows an individual income tax credit for donations made to STOs that provide scholarships to private schools. The original individual income tax credit for contributions to school tuition organizations is governed by A.R.S. § 43-1089 and Chapter 16 in Title 43. A taxpayer could receive an income tax credit for a donation of $528 (for single, unmarried head of household and married filing separate taxpayers) or $1,056 (for married filing joint taxpayers) in tax year 2014; those amounts increased to $535 and $1,070 in tax year 2015. Scholarships paid from these donations by STOs could go to any child attending a qualified private school. 6 STOs pay for the audit or review in the year following the year for which the audit or review was done. FY2014 audits and reviews were paid for in FY2015, the cost of which was reported on the FY2015 annual reports. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 4 The following table provides a summary of the change in the maximum original individual credit donation amount. Tax Year Single Filers Married Filing Joint Filers 1998-2000 2001-2004 2005 2006-2010 7 2011 $500 $500 $500 $500 $500 $500 $625 $825 $1,000 $1,000 2012 2013 2014 2015 $503 $517 $528 $535 $1,006 $1,034 $1,056 $1,070 Of the 55 STOs certified to receive individual donations in FY2015, 52 STOs received donations (Education Liberty Fund was certified near the end of the fiscal year and did not report receiving any donations.) A total of $61.7 million in tax credit donations from 80,930 taxpayers was reported for the fiscal year. The following table shows the number of STOs collecting donations in each period, the number of donations and the amount of tax credit donations. Percent change is calculated for prior year amounts reported. No percent change is calculated for FY2011 as this is the first fiscal year reporting period. Time Period CY1998 CY1999 8 # of STOs # of Donations Amount % change 16 33 4,248 32,023 $1,815,798 $13,781,341 CY2000 CY2001 CY2002 CY2003 CY2004 CY2005 36 43 43 51 53 53 38,249 46,696 52,203 58,122 63,830 69,239 $17,701,284 $24,897,444 $26,512,683 $29,444,972 $31,846,494 $42,196,206 28.4 40.7 6.5 11.1 8.2 32.5 CY2006 CY2007 CY2008 CY2009 CY2010 FY2011 56 55 55 54 53 50 73,617 76,065 78,434 73,430 62,940 74,681 $51,012,326 $54,304,968 $55,260,728 $50,916,897 $43,163,214 9 $51,408,122 20.9 6.5 1.8 -7.9 -15.2 FY2012 49 76,739 $51,918,033 1.0 7 Beginning with tax year 2011, the maximum credit amounts are to be adjusted each year for inflation. Activity in 1998 was artificially low due to a legal challenge of the constitutionality of the credit, which failed. 9 There are 6 months that overlap between Calendar Year 2010 and Fiscal Year 2011. Some of the donations showing for Fiscal Year 2011 are already shown for Calendar Year 2010. 8 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 5 Time Period FY2013 FY2014 FY2015 # of STOs 48 49 52 # of Donations 76,098 80,893 80,930 Amount $54,794,058 $58,129,582 $61,740,333 % change 5.5 6.1 6.2 Appendix 8 (pg. 50) shows the number and amount of donations received and the number and amount of scholarships awarded by each STO for FY2015. Arizona Christian School Tuition Organization received the most original individual donations in FY2015 of $12.5 million or 20.3% of total original individual donations. Fifty STOs paid $55.5 million in scholarships in FY2015, a 11.8% increase over FY2014. The following table shows the number of STOs providing scholarships in each period, the number of scholarships and the amount of scholarships paid. (For calendar years prior to 2003, the numbers are soft; reporting was not statutorily-required at that time.) As with the donations table above, no percent change is calculated for FY2011 as this was the first fiscal year reporting period. Please note that the number of scholarships paid does not equate to the number of students receiving scholarships. Many families seek scholarships from multiple STOs, resulting in one child being counted several times in the scholarship counts. Time Period # of STOs # of Scholarships Amount % change CY1998 CY1999 4 19 128 3,207 $103,790 $2,196,734 CY2000 CY2001 CY2002 CY2003 CY2004 CY2005 32 39 43 49 51 51 15,081 18,049 19,582 20,134 21,146 22,529 $13,561,981 $16,484,958 $22,826,746 $24,428,197 $28,025,083 $30,863,153 517.4 21.6 38.5 7.0 14.7 10.1 CY2006 CY2007 CY2008 CY2009 CY2010 FY2011 52 55 54 52 54 50 24,678 27,153 28,327 27,592 26,430 25,105 $40,594,978 $48,561,687 $54,205,394 $52,127,262 $47,333,755 10 $46,091,539 31.5 19.6 11.6 -3.8 -9.2 FY2012 FY2013 FY2014 FY2015 50 47 48 50 23,828 25,463 26,972 30,049 $45,209,410 $48,878,707 $49,610,422 $55,483,157 -1.9 8.1 1.5 11.8 Appendix 8 (pg. 50) also shows the original scholarships awarded by each STO for FY2015. The 50 STOs that paid original individual scholarships in FY2015 reported 30,049 scholarships for an average of $1,846. The two STOs that received donations but did not pay scholarships in FY2015 were newly certified during the fiscal year. Arizona Christian School Tuition 10 There are 6 months that overlap between Calendar Year 2010 and Fiscal Year 2011. Some of the scholarships showing for Fiscal Year 2011 are already shown for Calendar Year 2010. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 6 Organization paid the highest total amount of scholarships ($11.5 million or 20.7% of the total) and awarded the largest number of scholarships (5,834 scholarships or 19.4% of total). STOs are required to report the percentage of scholarship dollars that go to families with income of 185% or less of poverty level and the percentage of scholarship dollars that go to families with income ranging from above 185% of poverty level to 342.25% of poverty level. Income levels for FY2015 that fit into these ranges are shown in the following table: Household Size 185% of Poverty Level 342.25% of Poverty Level 2 3 4 5 6 7 $29,101 $36,612 $44,123 $51,634 $59,145 $66,656 $53,837 $67,732 $81,628 $95,523 $109,418 $123,314 8 Additional persons $74,167 $7,511 $137,209 $13,895 Across all STOs, 32.7% of original scholarship money went to children in families with income up to 185% of poverty level. Children in families with income between 185% and 342.25% of poverty level received 34.0% of the scholarship money. The remaining 33.3% of scholarship money went to children in families with income greater than 342.25% of poverty level. One organization gave 100% of their original scholarships to children in families with income of 185% or less of poverty level. An additional five organizations gave 100% of their scholarships to children in families with income of 342.25% or less of poverty level. Ten organizations gave more than 50% of their original scholarships to children of families with income greater than 342.25% of poverty level. Appendix 9 (pg. 52) shows the percentages for each STO. The range of the overall average original individual scholarship amounts paid by STOs is from $930 (School Tuition Association of Yuma) to $10,000 (Life Development Institute Education Fund). Average scholarship ranges and the number of STOs with scholarships falling in each range is shown in the following frequency distribution. Avg. Scholarship Range # of STOs Avg. Scholarship Range # of STOs $930 to $1,000 2 $2,501 - $3,000 6 $1,001 - $1,500 9 $3,001 - $4,000 6 $1,501 - $2,000 15 $4,001 - $5,000 1 $2,001 - $2,500 6 $5,001 - $10,000 5 Institute for Better Education provided scholarships to 181 schools, more than any other STO. Appendix 10 (pg. 54) lists the number of schools to which each STO provided scholarships and the average scholarship the STO paid out. Note that the STO average scholarship calculation will include double counting if a student attends two different private schools during the year and an STO awards the student scholarships to both schools. The information on the number of schools to which each STO paid scholarships is aggregated in the following table. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 7 # of Private Schools # of STOs giving to this number of private schools 1 3 2 6 3 10 4-5 4 6-10 9 11-25 6 26-40 4 41-99 4 100 or more 4 As shown, three STOs gave scholarships to only one private school. When verifying an STO’s compliance with the statutory requirement to not limit scholarships to only one school, both the original and switcher scholarship programs are reviewed together. Based on information provided by the STOs they are not considered in violation of statute at this time. STOs provided original individual scholarships and grants to 338 private schools throughout Arizona. One private school, Northwest Christian School, received scholarships or grants from 15 STOs. The following table shows the number of STOs contributing scholarship money to the private schools. In other words, referring to the table below, 114 private schools received scholarship money from one STO. This many private schools received scholarships or grants from This many STOs 114 65 42 31 15 One STO Two STOs Three STOs Four STOs Five STOs 18 13 15 8 5 5 Six STOs Seven STOs Eight STOs Nine STOs Ten STOs Eleven STOs 1 3 2 1 Twelve STOs Thirteen STOs Fourteen STOs Fifteen STOs Nine private schools received more than $1 million in scholarships from the original individual donation program in total. The most scholarship money received by one private school from all Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 8 STOs was $1.9 million for 1,101 scholarships to Northwest Christian School. Appendix 11 (pg. 56) lists the private schools that received scholarship money from each of the four donation programs in FY2015 and the overall average scholarship amount. The smallest average scholarship paid by an STO to a private school was $42 paid by Arizona Scholarship Fund to Payson Community Christian School in Payson. Seven private schools received average scholarships from individual STOs for more than $10,000. The highest average scholarship paid by an STO to one private school was $17,389 paid by Catholic Education Arizona to Blessed Sacrament Kindergarten. The following table presents the distribution of original individual average scholarships received by the private schools. For example, the average scholarship received by four private schools (from all STOs) was between $50 and $250. Five private schools received scholarships from all STOs that were on average greater than $10,000. Avg. Scholarship Range $50 - $250 $251 - $500 $501 - $1,000 $1,001 - $1,500 $1,501 - $2,000 $2,001 - $2,500 # of Private Schools with Avg. Scholarships in this Range 4 13 46 74 61 40 Avg. Scholarship Range $2,501 - $3,000 $3,001 - $4,000 $4,001 - $5,000 $5,001 - $7,500 $7,501 - $10,000 $10,001 - $14,006 # of Private Schools with Avg. Scholarships in this Range 33 29 23 4 6 5 STOs also reserved scholarships for specific students for future years. Twenty STOs reserved an additional $15.9 million in the original individual donation program. Institute for Better Education reported in FY2015 reserving the largest amount of original individual donations for future year scholarships of $6.9 million or 43.5% of the total. It should be noted that a portion of the reserved future year awards are for scholarships to be awarded in the upcoming academic year. Appendix 5 (pg. 37) shows reserved scholarships by school by scholarship program as reported in FY2015. The STOs reserving the scholarships and the amounts reserved are shown in Appendix 8 (pg. 50). All STOs certified to collect individual donations in FY2015 were evaluated as to their status in relation to the requirement that 90% of all revenue must be paid out in scholarships. From an administrative viewpoint, no STO is expected to pay out 90% of donations it receives in the current year for scholarships the same year. There will always be a lag between revenue received and revenue paid out and it does not mean that an STO with a percentage of less than 90% is in violation of the law. The 90% requirement is evaluated using two different methods: 1) a review of total donations and scholarships over the life of the STO and 2) calculating 90% of credit donations received in a particular fiscal year and tracking the amount to be awarded within the following two fiscal years. Percentages calculated based on total donations and scholarships for STOs certified to receive individual donations in FY2015 are shown in the following table. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 9 School Tuition Organization Alumnus School Tuition Organization Arizona Adventist Scholarships Arizona Christian School Tuition Organization Arizona Community Foundation STO Arizona Education and Scholarship Opportunity Program Arizona Education First Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund Arizona Lutheran Scholarship Organization Arizona Private Education Scholarship Fund Ratio 0.0 96.4 91.8 16.7 School Tuition Organization Dynamite Montessori Foundation Education Liberty Fund Financial Assistance for Independent Schools Funds for Kids Ratio 94.1 0.0 88.9 70.9 53.2 0.0 78.8 89.2 94.1 83.4 94.5 88.0 95.1 85.2 90.9 85.0 94.3 99.4 94.6 96.7 Arizona Scholarship Fund Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection 86.1 100.5 74.7 87.5 Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization BEST Student Fund Brophy Community Foundation Catholic Education Arizona Chabad Tuition Organization Christ Lutheran School Tuition Organization Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization 92.7 87.4 94.1 96.3 91.2 91.3 89.9 92.8 90.2 90.4 98.1 HELP Scholarship Foundation. Higher Education STO Institute for Better Education Jewish Education Tax Credit Organization Jewish Tuition Organization Life Development Institute Education Fund Lutheran Education Foundation Montessori Scholarship Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation Pappas Kids Schoolhouse Foundation Pinetop Tuition Support Organization Scholarships for Education Excellence Foundation School Choice Arizona School Tuition Association of Yuma Schools With Heart Foundation Shepherd of the Desert Education Foundation Southern Arizona Foundation for Education Tuition Organization for Private Schools Valley Lutheran Scholarship Organization White Mountain Tuition Support Foundation Yuma’s Education Scholarship Fund for Kids 84.0 90.0 87.2 91.1 100.0 76.9 90.5 90.7 95.8 98.4 89.1 96.2 92.4 98.1 Five STOs have very low percentages because they are newer STOs; their scholarships should increase significantly within the next year or two. One STO has a percentage greater than 100% because scholarships were paid from revenue that was not tax credit donations or due to reserved scholarships for specific students in future years. These percentages are being monitored annually and if STOs with low percentages do not improve, ADOR will review that program to determine the reason. Based on the yearly 90% calculation, there are currently no STOs in violation of the 90% requirement. STOs can allow individual donors to make recommendations when donating (although Arizona law prohibits STOs from awarding scholarships solely on the basis of donor recommendations). Only those STOs that have a CPA review are required to report if they accept recommendations. In FY2015, 21 STOs reported allowing donors to recommend specific students for scholarships when donating. For those STOs that allowed donor recommendations and for whom information was available, approximately 51% of their original individual donations had recommendations. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 10 “SWITCHER” INDIVIDUAL INCOME TAX CREDIT PROGRAM Arizona allows a second individual income tax credit for individuals wishing to give more than the amount allowed for an individual income tax credit under the original individual income tax credit program. The switcher individual income tax credit for contributions to school tuition organizations is governed by A.R.S. § 43-1089.03 and Chapter 16 in Title 43. After donating $528 or $1,056 for the original individual income tax credit, individuals could donate up to an additional $525 or $1,050 (depending on filing status) in tax year 2014 and take this additional credit. Additional amounts that could be donated in tax year 2014 increased to $532 and $1,064. The maximum credit amounts are adjusted each year for inflation. The following table provides a summary of the change in the maximum switcher individual credit donation amount. Tax Year Single Filers Married Filing Joint Filers 2012 $500 $1,000 2013 $514 $1,028 2014 $525 $1,050 2015 $532 $1,064 All 52 STOs receiving donations under the original individual income tax credit program also received “switcher” credit donations in FY2015. A total of $30.8 million was received under this donation program from 37,676 taxpayers was reported for the fiscal year. The following table shows the number of STOs collecting donations in each period, the number of donations and the amount of tax credit donations. Percent change is calculated for prior year amounts reported. Time Period FY2012 FY2013 FY2014 FY2015 # of STOs 7 48 49 52 # of Donations 34 25,713 32,460 37,676 Amount $23,975 $19,891,765 $26,060,133 $30,750,957 % change NA 31.0 18.0 Appendix 12 (pg. 68) shows the number and amount of donations received and the number and amount of scholarships awarded by each STO for FY2015. Arizona Christian School Tuition Organization received the most switcher donations in FY2015 of $5.7 million, or 18.6% of total switcher donations. Fifty STOs paid out $24.7 million in scholarships from switcher donations in FY2015, a 40.5% increase over FY2014. The following table shows the number of STOs providing scholarships in each period, the number of scholarships and the amount of scholarships paid. Please note that the number of scholarships paid does not equate to the number of students receiving scholarships. Many families seek scholarships from multiple STOs, resulting in one child being counted several times in the scholarship counts. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 11 Time Period FY2013 FY2014 FY2015 # of STOs # of Scholarships 36 46 52 4,473 13,261 16,493 Amount $4,681,192 $17,561,453 $24,667,347 % change 275.1 40.5 Appendix 12 (pg. 68) also shows the switcher scholarships awarded by each STO for FY2015. The 50 STOs that paid switcher scholarships in FY2015 reported 16,493 scholarships for an average of $1,496. The two STOs that did not pay scholarships in FY2015 were newly certified during the fiscal year. Arizona Christian School Tuition Organization paid the highest total amount of scholarships ($4.8 million or 19.4% of the total) and Catholic Education Arizona awarded the largest number of scholarships (3,487 scholarships or 21.1% of the total). STOs are required to report the percentage of scholarship dollars that go to families with income of 185% or less of poverty level and the percentage of scholarship dollars that go to families with income ranging from about 185% of poverty level to 342.25% of poverty level, as they are required to do for the original individual donation program. The income levels for FY2015 that fit into these ranges are shown on page 7. Across all STOs that paid switcher scholarships, 40.8% went to children in families with income up to 185% of poverty level. Children in families with income between 185% and 342.25% of poverty level received 36.7% of the scholarship money. The remaining 22.5% of scholarship money went to children in families with income greater than 342.25% of poverty level. Five organizations gave 100% of their switcher scholarships to children in families with income of 185% or less of poverty level. An additional five organizations gave 100% of their scholarships to children in families with income of 342.25% or less of poverty level. There were five organizations gave more than 50% of their switcher scholarships to children of families with income greater than 325.25% of poverty level. Appendix 13 (pg. 70) shows the percentages for each STO. The range of overall average switcher scholarship amounts paid by STOs is from $486 (Christian Scholarship Foundation) to $9,444 (Chabad Tuition Organization). Average scholarship ranges and the number of STOs with scholarships falling in each range is shown in the following table. Avg. Scholarship Range $486 to $1,000 $1,001 - $1,500 $1,501 - $2,000 $2,001 - $2,500 # of STOs 7 14 12 4 Avg. Scholarship Range $2,501 - $3,000 $3,001 - $4,000 $4,001 - $5,000 $5,001 - $9,444 # of STOs 2 4 2 5 Institute for Better Education provided switcher scholarships to 153 schools, more than any other STO. Appendix 14 (pg. 72) lists the number of schools to which each STO provided scholarships and the average scholarship the STO paid out. Note that the STO average scholarship calculation will include double counting if a student attends two different private schools during the year and an STO awards the student scholarships to both schools. The Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 12 information on the number of schools to which each STO paid scholarships is aggregated below. # of Private Schools # of STOs giving to this number of private schools 1 2 8 9 3 4 5-10 11-20 21-30 26-99 5 3 9 6 2 5 100 or more 3 As shown, eight STOs gave scholarships to only one private school. When verifying an STO’s compliance with the statutory requirement to not limit scholarships to only one school, both the original and switcher scholarship programs are reviewed together. Based on information provided by the STOs they are not considered in violation of statute at this time. STOs provided switcher scholarships and grants to 317 private schools throughout Arizona. Six private schools received switcher scholarships or grants from 10 or more STOs. The following table shows the number of STOs contributing scholarship money to the private schools. In other words, referring to the table below, 112 private schools received scholarship money from one STO. This many private schools received scholarships or grants from 112 63 47 23 19 21 10 9 7 1 4 1 This many STOs One STO Two STOs Three STOs Four STOs Five STOs Six STOs Seven STOs Eight STOs Nine STOs Ten STOs Eleven STOs Twelve STOs Nine private schools received more than $500,000 in scholarships from the switcher donation program in total. The most scholarship money received by one private school from all STOs was $0.8 million for 531 scholarships to Northwest Christian School. Appendix 11 (pg. 56) lists the private schools that received scholarship money from each of the four donation programs and the overall average scholarship amount. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 13 The smallest average switcher scholarship paid by an STO to a private school was a $5 scholarship to Our Lady of the Mountain (All Saints), Phoenix Christian School K-8 and Thunderbird Christian Elementary School paid by Institute for Better Education. Four private schools received average scholarships from individual STOs for more than $10,000. The highest average scholarship paid by an STO to one private school was $20,035 paid by Tuition Organization for Private Schools to ACCEL. The following table presents the distribution of switcher average scholarships received by the private schools. For example, the average scholarship received by 12 private schools (from all STOs) was between $26 and $250. Three private schools received an average aggregate scholarship from all STOs that was greater than $10,000. Avg. Scholarship Range $26 - $250 $251 - $500 $501 - $1,000 $1,001 - $1,500 $1,501 - $2,000 $2,001 - $2,500 # of Private Schools with Avg. Scholarships in this Range 12 26 80 64 48 28 Avg. Scholarship Range $2,501 - $3,000 $3,001 - $4,000 $4,001 - $5,000 $5,001 - $7,500 $7,501 - $10,000 $10,001 - $20,035 # of Private Schools with Avg. Scholarships in this Range 12 25 7 7 5 3 STOs also reserved scholarships for specific students for future years. Twenty-one STOs reserved an additional $6.3 million in the switcher donation program. Arizona’s Catholic Tuition Support Organization reported in FY2015 reserving the largest amount of switcher donations for future year scholarships of $2.1 million or 33.3% of the total. Appendix 5 (pg. 37) shows reserved scholarships by school by scholarship program as reported in FY2015. The STOs reserving the scholarships and the amounts reserved are shown in Appendix 12 (pg. 68). All STOs certified to collect individual donations in FY2015 were evaluated as to their status in relation to the requirement that 90% of all revenue must be paid out in scholarships. From an administrative viewpoint, no STO is expected to pay out 90% of donations it receives in the current year for scholarships the same year. There will always be a lag between revenue received and revenue paid out and it does not mean that an STO with a percentage of less than 90% is in violation of the law. The 90% requirement is evaluated using two different methods: 1) a review of total donations and scholarships over the life of the STO and 2) calculating 90% of credit donations received in a particular fiscal year and tracking the amount to be awarded within the following two fiscal years. Percentages calculated based on total donations and scholarships for STOs certified to receive individual donations in FY2015 are shown below. School Tuition Organization Alumnus School Tuition Organization Arizona Adventist Scholarships Arizona Christian School Tuition Organization Arizona Community Foundation STO Arizona Education and Scholarship Opportunity Program Arizona Education First Arizona Education Scholarship Foundation Ratio 0.0 81.9 78.8 18.5 School Tuition Organization Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund Arizona Lutheran Scholarship Organization Ratio 61.6 90.6 85.2 73.1 10.3 0.0 45.5 Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust 82.2 63.3 16.5 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 14 School Tuition Organization Arizona Tax Credit Arizona Tuition Connection Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization BEST Student Fund Brophy Community Foundation Catholic Education Arizona Chabad Tuition Organization Christ Lutheran School Tuition Organization Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization Dynamite Montessori Foundation Financial Assistance for Independent Schools Funds for Kids HELP Scholarship Foundation. Higher Education STO Institute for Better Education Ratio 60.6 64.6 84.6 49.2 87.9 70.4 85.1 56.0 89.9 70.3 57.6 54.7 98.4 110.5 81.9 79.3 91.3 86.7 39.6 School Tuition Organization Jewish Education Tax Credit Organization Jewish Tuition Organization Life Development Institute Education Fund Lutheran Education Foundation Montessori Scholarship Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation Pappas Kids Schoolhouse Foundation Pinetop Tuition Support Organization Scholarships for Education Excellence Foundation School Choice Arizona School Tuition Association of Yuma Schools With Heart Foundation Shepherd of the Desert Education Foundation Southern Arizona Foundation for Education Tuition Organization for Private Schools Valley Lutheran Scholarship Organization White Mountain Tuition Support Foundation Yuma’s Education Scholarship Fund for Kids Several STOs have very low percentages because they are newer STOs or new to the switcher program; their scholarships should increase significantly within the next year or two. One STO has a percentage greater than 100% because scholarships were paid from revenue that was not tax credit donations or due to reserved scholarships for specific students in future years. These percentages are being monitored annually and if STOs with low percentages do not improve, ADOR will review that program to determine the reason. Based on the data provided in the FY2015 annual reports one STO, Arizona School Choice Trust, was notified of failing to award the required 90% within two fiscal years. Pursuant to statute the STO was given 90 days from notification to meet the statutory requirement and show that the remaining amount had been awarded within the 90 day period. STOs can allow individual donors to make recommendations when donating (although Arizona law prohibits STOs from awarding scholarships solely on the basis of donor recommendations). Only those STOs that have a CPA review are required to report if they accept recommendations. In FY2015, 20 STOs reported allowing donors to recommend specific students for scholarships when donating. For those STOs that allowed donor recommendations and for whom information was available, approximately 56% of their switcher donations had recommendations. CORPORATE INCOME TAX OR INSURANCE PREMIUM TAX CREDIT PROGRAM – SCHOLARSHIPS FOR LOW-INCOME STUDENTS The low-income student corporate income tax credit and insurance premium tax credit for contributions to school tuition organizations are governed by A.R.S. § 43-1183, A.R.S. § 20224.06 and Chapter 15 in Title 43. There were 54 STOs certified to receive corporate donations during FY2015. Donations to STOs for the purpose of receiving the low-income student corporate income tax credit or insurance premium tax credit are limited by statute for each fiscal year. For FY2007, Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 15 Ratio 67.3 57.3 40.3 98.3 74.2 56.6 92.1 92.2 27.6 69.0 72.0 90.1 83.4 94.0 64.8 56.8 65.8 81.5 80.8 the first year of the program, the limitation was $10 million. This limitation increases by 20% per year. In FY2015, the limitation was $42,998,170. The following table shows the amount approved and the number of corporate donation approvals in each fiscal year as opposed to the amount received. Fiscal Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 Statutory Limitation $10,000,000 $12,000,000 $14,400,000 $17,280,000 $20,736,000 $24,883,200 $29,859,840 $35,831,808 $42,998,170 # of Corps 108 73 98 63 69 84 118 100 97 11 $ Approved $9,740,800 $12,116,000 $10,816,006 $8,121,508 $11,376,351 $19,587,037 $30,041,114 $36,571,808 $43,983,170 $ Received $9,535,800 $11,996,000 $10,495,506 $8,100,008 $11,324,351 $19,035,987 $29,858,865 $35,831,808 $42,998,170 There were 174 donations approved and 165 donations received in FY2015 for the low-income student corporate/insurance premium credit. The 165 donations received came from 95 corporations. Thirty-six of the 95 corporations were insurance companies donating $16.4 million. Of the 95 corporations, 66 donated once; the remaining 29 donated from two to nine times. The range of donation size by corporation made to an STO is shown in the following table. As shown, 9 corporations made donations of over $1 million. There may have been several donations to several STOs, but these numbers aggregate a corporation’s donations in the fiscal year. Donation Size $5,000 or less $5,001 to $10,000 $10,001 to $20,000 $20,001 to $25,000 $25,001 to $50,000 # 4 8 6 4 12 Donation Size $50,001 to $100,000 $100,001 to $250,000 $250,001 to $500,000 $500,001 to $1,000,000 $1,000,001 and over # 13 18 11 10 9 Appendix 15 (pg. 74) shows the number and amount of donations received by each STO in FY2015. Of the 54 STOs certified to receive corporate donations in FY2015, 27 received donations of $43.0 million in FY2015. AAA Scholarship Foundation received the most lowincome corporate donations in FY2015 of $11.1 million or 25.8% of the total. Unlike scholarships from individual income tax credit donations, low-income student corporate income tax and insurance premium tax credit scholarships under this program are restricted to certain students. Recipients of these corporate scholarships must meet specific income limits plus other requirements. (More information can be found at www.azdor.gov.) Additionally, the amount of scholarship that can be awarded is limited. For the 2014-2015 academic year, no 11 Represents the total amount of donations approved. This amount may be higher than the credit limitation due to corporations donating less than the approved amount and therefore additional donation requests are processed. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 16 more than $5,000 could be awarded to students in kindergarten through grade 8 and no more than $6,300 could be awarded to students in grades 9 through 12. Twenty-seven STOs paid $31.4 million in low-income scholarships in FY2015, a 29.7% increase over FY2014. The following table shows the number of STOs providing scholarships in each period, the number of scholarships and the amount of scholarships paid. No percent change is calculated for FY2011 as this was the first fiscal year reporting period. Please note that the number of scholarships paid does not equate to the number of students receiving scholarships. Many families seek scholarships from multiple STOs, resulting in one child being counted several times in the scholarship counts. Time Period # of STOs # of Scholarships Amount % change CY2006 CY2007 3 18 35 1,940 $49,380 $4,597,823 CY2008 CY2009 CY2010 FY2011 FY2012 FY2013 19 19 18 20 21 26 2,979 3,640 4,226 5,559 5,828 11,096 $7,615,639 $7,849,824 $9,259,078 12 $9,030,739 $11,294,842 $17,556,127 65.6 3.1 18.0 FY2014 FY2015 25 27 12,975 16,573 $24,167,516 $31,355,396 37.7 29.7 NA 25.1 55.4 Appendix 15 (pg. 74) also shows the scholarships awarded by each STO in FY2015. The 27 STOs reported paying 16,573 scholarships for an average of $1,892. Arizona Leadership Foundation paid the highest amount of scholarships ($8.6 million or 27.4% of the total). Catholic Education Arizona awarded the largest number of scholarships (3,860 scholarships or 23.3% of the total). Low-income corporate scholarships are to be awarded to families with income less than 342.25% of poverty level. STOs are required to report the percentage of scholarship dollars that go to families with income of 185% or less of the poverty level and the percentage of scholarship dollars that go to families with income ranging from above 185% of poverty level to 342.25% of poverty level. The income levels for FY2015 that fit into these ranges are shown on page 7. Across all STOs, 62.1% of the low-income corporate scholarship money went to children in families with income up to 185% of poverty level. Children in families with income between 185% and 342.25% of poverty level received the remaining 37.9% of the scholarship money. Four organizations gave 100% of their original scholarships to children in families with income of 185% or less of poverty level. Appendix 16 (pg. 75) shows the percentages for each STO. 12 There are 6 months that overlap between Calendar Year 2010 and Fiscal Year 2011. Some of the scholarships showing for Fiscal Year 2011 are already shown for Calendar Year 2010. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 17 Arizona Leadership Foundation provided low-income scholarships to 112 schools, more than any other STO. Foundation for Corporate Tax Credit had the highest overall average scholarship of $5,352. Appendix 17 (pg. 76) lists the number of schools to which each STO provided scholarships and the average scholarship the STO paid out. Note that the STO average scholarship calculation will include double counting if a student attends two different private schools during the year and an STO awards the student scholarships to both schools. The information on the number of schools to which each STO paid scholarships is aggregated below. # of Private Schools # of STOs giving to this number of private schools 1 2 3 2 5 2 4 5-10 11-25 26-50 51-99 100 or more 1 5 1 6 3 2 As shown, two STOs gave low-income corporate scholarships to only one private school. When verifying an STO’s compliance with the statutory requirement to not limit scholarships to only one school, both the low-income and disabled/displaced corporate scholarship programs are reviewed together. Based on information provided by the STOs they are not considered in violation of statute at this time. Corporate scholarship money went to 237 schools in FY2015. Three private schools, Bourgade Catholic High School, Cornerstone Christian Academy/Pusch Ridge, and Xavier College Preparatory, received scholarships from ten STOs. The following table shows the number of STOs contributing scholarship money to the private schools. In other words, 86 private schools received scholarship money from one STO. This many private schools received scholarships or grants from 86 39 30 16 25 14 16 5 3 3 This many STOs One STO Two STOs Three STOs Four STOs Five STOs Six STOs Seven STOs Eight STOs Nine STOs Ten STOs Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 18 Five private schools received more than $1 million in scholarships from the low-income corporate donation program in total. The most scholarship money received by one private school from all STOs was $1.8 million for 706 scholarships to St. Mary’s High School. Appendix 11 (pg. 56) lists the private schools that received scholarship money from each of the four donation programs and the overall average scholarship amount. The smallest average low-income scholarship paid by an STO to a private school was a $5 scholarship to Blessed Sacrament Kindergarten paid by Catholic Education Arizona and to Chandler Christian Academy and St. John Vianney Catholic School by Institute for Better Education. Several private schools will show a calculated average scholarship from an individual STO that is greater than the $6,300 low-income scholarship cap. Due to current reporting requirements, the annual scholarship data reported by the STOs contains scholarships paid during the fiscal year which may include scholarships for both the 14/15 and the 15/16 academic years. Since the net number of scholarships reported are by student and do not account for two academic years, the calculated average is distorted. Based on the data provided by the STOs, there were no scholarships awarded greater than the statutory cap. STOs also reserved scholarships for specific students for future years. Fifteen STOs reserved an additional $32.0 million in the low-income corporate donation program. AAA Scholarship Foundation reported in FY2015 reserving the largest amount of low-income corporate donations for future year scholarships of $14.1 million or 44.1% of the total. Appendix 5 (pg. 37) shows reserved scholarships by school by scholarship program as reported in FY2015. The STOs reserving the scholarships and the amounts reserved are shown in Appendix 15 (pg. 74). All STOs certified to collect corporate donations in FY2015 were evaluated on their status in relation to the requirement that 90% of all revenue must be paid out in scholarships. From an administrative viewpoint, no STO is expected to pay out in scholarships 90% of donations it receives in the current year. There will always be a lag between revenue received and revenue paid out and it does not mean that an STO with a percentage of less than 90% is in violation of the law. Some STO ratios are very low because they are still in the early stages of participation in the program. The 90% requirement is evaluated using two different methods: 1) a review of total donations and scholarships over the life of the STO and 2) calculating 90% of credit donations received in a particular fiscal year and tracking the amount to be awarded within the following two fiscal years. Percentages calculated based on total donations and scholarships for STOs certified to receive low-income corporate donations in FY2015 are shown in the following table. School Tuition Organization AAA Scholarship Foundation Arizona Adventist Scholarships Ratio 86.2 90.9 Ratio 74.1 54.6 43.1 School Tuition Organization Arizona School Choice Trust Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Arizona Community Foundation STO Arizona Education and Scholarship Opportunity Program Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona Leadership Foundation Arizona Private Education Scholarship Fund Arizona Scholarship Fund 49.9 86.2 78.3 74.2 92.1 86.2 Brophy Community Foundation Catholic Education Arizona Christian Scholarship Foundation Corporate Tax Foundation Financial Assistance for Independent Schools Foundation for Corporate Tax Credits 106.8 80.3 78.1 73.1 65.7 92.1 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 87.8 Page 19 School Tuition Organization HELP Scholarship Foundation. Higher Education School Tuition Org Independent Schools Corporate Tax Foundation Institute for Better Education Jewish Education Tax Credit Organization Jewish Tuition Organization Northern Arizona Christian School Scholarship Fund Ratio 90.0 94.6 73.1 96.6 90.0 55.7 82.9 School Tuition Organization Pappas Kids Schoolhouse Foundation School Choice Arizona School Tuition Association of Yuma Tuition Organization for Private Schools Valley Lutheran Scholarship Org. Yuma’s Education Scholarship Fund for Kids Ratio 91.4 81.8 91.8 91.0 91.4 58.9 Several STOs have very low percentages because they are newer STOs; their scholarships should increase significantly within the next year or two. One STO has a percentage greater than 100% because scholarships were paid from revenue that was not tax credit donations or due to reserved scholarships for specific students in future years. These percentages are being monitored annually and if STOs with low percentages do not improve, ADOR will review that program to determine the reason. Based on the yearly 90% calculation, there are currently no STOs in violation of the 90% requirement. CORPORATE INCOME TAX OR INSURANCE PREMIUM TAX CREDIT PROGRAM – SCHOLARSHIPS FOR DISABLED / DISPLACED STUDENTS The corporate income tax credit and insurance premium tax credit for contributions to school tuition organizations for scholarships for disabled/displaced students are governed by A.R.S. § 43-1184, A.R.S. § 20-224.07 and Chapter 15 in Title 43. There were 54 STOs certified to receive corporate donations during FY2015. Donations to STOs for the purpose of receiving the disabled/displaced corporate income tax credit or the insurance premium tax credit are limited by statute for each fiscal year. The statutory limitation for donations made for the disabled/displaced tax credit is set at $5 million per fiscal year. The following table shows the amount approved and the number of corporate donation approvals in each fiscal year as opposed to the amount received. Fiscal Year 2010 2011 2012 2013 2014 2015 Statutory Limitation $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 # of Corps 6 8 6 14 29 28 $ Approved 13 $1,478,880 $1,079,000 $283,000 $3,580,350 $3,112,745 $5,025,000 $ Received $1,478,880 $1,029,000 $283,000 $3,505,350 $2,957,765 $5,000,000 There were 35 donations approved and 34 donations received in FY2015. Eleven STOs received the 34 donations from 28 corporations. Seventeen of the 28 corporations were insurance companies donating $3.6 million. The range of donation size by corporation made to an STO is shown in the following table. As shown there were 5 corporations that made 13 Represents the total amount of donations approved. This amount may be higher than the credit limitation due to corporations donating less than the approved amount and therefore additional donation requests are processed. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 20 donations over $500,000. There may have been several donations to several STOs, but these numbers aggregate a corporation’s donations in the fiscal year. Donation Size $20,000 or less $20,001 to $50,000 $50,001 to $100,000 # 7 8 3 Donation Size $100,001 to $250,000 $250,001 to $500,000 $500,001 and over # 3 4 3 Appendix 18 (pg. 77) shows the number and amount of donations received and the number and amount of scholarships awarded by each STO in FY2015. Of the 54 STOs certified to receive corporate donations, 11 received disabled/displaced donations of $5,000,000 but 12 STOs reported $5,031,92014 in FY2015. Arizona Leadership Foundation reported the most disabled/displaced corporate donations in FY2015 of $3.2 million, or 63.3% of total disabled/displaced donations. Similar to scholarships from the low-income student corporate income tax credit donations, disabled/displaced corporate income tax and insurance premium tax credits scholarships under this program are restricted to certain students. Recipients of disabled/displaced scholarships must provide documentation on meeting the specific eligibility requirements. (More information on the requirements can be found at www.azdor.gov.) The total amount of disabled/displaced scholarships that a student can receive is limited to 90% of state aid or the cost of tuition, whichever is less. Twelve STOs paid $3.6 million in disabled/displaced scholarships in FY2015, a 123.0% increase over FY2014. The following table shows the number of STOs providing scholarships in each period, the number of scholarships and the amount of scholarships paid. No percent change is calculated for FY2011 as this was the first fiscal year reporting period. Please note that the number of scholarships paid does not equate to the number of students receiving scholarships. Many families seek scholarships from multiple STOs, resulting in one child being counted several times in the scholarship counts. Time Period # of STOs # of Scholarships Amount CY2009 CY2010 FY2011 FY2012 5 6 5 5 114 166 114 119 $625,335 $715,424 15 $559,333 $583,865 FY2013 FY2014 FY2015 6 8 12 217 346 808 $731,231 $1,611,469 $3,592,866 % change 14.4 4.4 25.2 120.4 123.0 Appendix 18 (pg. 77) also shows the scholarships awarded by each STO. The 12 STOs that paid disabled/displaced corporate scholarships in FY2015 reported 808 scholarships for an 14 Total donations reported for FY15 were greater than the cap due to monies received at the end of FY14 that were not deposited until FY15. 15 There are 6 months that overlap between Calendar Year 2010 and Fiscal Year 2011. Some of the scholarships showing for Fiscal Year 2011 are already shown for Calendar Year 2010. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 21 average of $4,447. Arizona Leadership Foundation paid the highest total amount of scholarships ($1.3 million or 36.6% of the total) and also awarded the largest number of scholarships (230 scholarships or 28.5% of the total). The range of the overall average disabled/displaced scholarship amounts paid by STOs is from $842 (Institute for Better Education) to $12,246 (School Choice Arizona). Average scholarship ranges and the number of STOs with scholarships falling in each range is shown in the following frequency distribution. Avg. Scholarship Range # of STOs Avg. Scholarship Range # of STOs $842 to $2,000 3 $4,001 - $8,000 5 $2,001 - $4,000 2 $8,001 - $12,246 2 Institute for Better Education provided disabled/displaced scholarships to 64 schools, more than any other STO. Appendix 19 (pg. 78) lists the number of schools to which each STO provided scholarships and the average scholarship the STO paid out. Note that the STO average scholarship calculation will include double counting if a student attends two different private schools during the year and an STO awards the student scholarships to both schools. The information on the number of schools to which each STO paid scholarships is aggregated below. # of Private Schools # of STOs giving to this number of private schools 1 2 1 1 3 4-10 11-15 16-50 51 or more 1 3 2 3 1 As shown, one STO gave disabled/displaced corporate scholarships to only one private school. When verifying an STO’s compliance with the statutory requirement to not limit scholarships to only one school, both the low-income and disabled/displaced corporate scholarship programs are reviewed together. Based on information provided by the STO it is not considered in violation of statute at this time. Disabled/displaced corporate scholarship money went to 137 schools in FY2015. Only one school, Salpointe Catholic High School, received scholarships from six STOs. The following table shows the number of STOs contributing scholarship money to the private schools. In other words, 77 private schools received scholarship money from one STO. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 22 This many private schools received scholarships or grants from 77 33 15 7 4 1 This many STOs One STO Two STOs Three STOs Four STOs Five STOs Six STOs Six private schools received more than $200,000 in disabled/displaced scholarships. The most scholarship money received by one private school from all STOs was $0.8 million for 74 scholarships to Lauren’s Institute for Education School. Appendix 11 (pg. 56) shows the amount of disabled/displaced scholarship money that went to each school, along with the number of scholarships. The smallest average disabled/displaced scholarship paid by an STO to a private school was a $5 scholarship to nine different schools paid by Institute for Better Education. Six private schools received average scholarships from individual STOs equal to or greater than $20,000. The highest average scholarship paid by an STO to one private school was $24,695 paid by School Choice Arizona to the Foundation for Blind Children. The following table presents the distribution of disabled/displaced average scholarships received by the private schools. For example, the average scholarship received by 14 private schools (from all STOs) was between $5 and $250. Ten private schools received an average aggregate scholarship from all STOs that was greater than $10,000. Avg. Scholarship Range $5 - $250 $251 - $500 $501 - $1,000 $1,001 - $1,500 $1,501 - $2,000 $2,001 - $2,500 # of Private Schools with Avg. Scholarships in this Range 14 22 16 10 8 11 Avg. Scholarship Range $2,501 - $3,000 $3,001 - $4,000 $4,001 - $5,000 $5,001 - $7,500 $7,501 - $10,000 $10,001 - $24,695 # of Private Schools with Avg. Scholarships in this Range 3 31 5 4 3 10 STOs also reserved scholarships for specific students for future years. Five STOs reserved an additional $1.1 million in the disabled/displaced corporate donation program. AAA Scholarship Foundation reported in FY2015 reserving the largest amount of disabled/displaced corporate donations for future year scholarships of $0.8 million or 67.9% of the total. Appendix 5 (pg. 37) shows reserved scholarships by school by scholarship program as reported in FY2015. The STOs reserving the scholarships and the amounts reserved are shown in Appendix 18 (pg. 77). All STOs certified to collect corporate donations in FY2015 were evaluated to see their status in relation to the requirement that 90% of all revenue must be paid out in scholarships. From an administrative viewpoint, no STO is expected to pay out in scholarships 90% of donations it receives in the current year. There will always be a lag between revenue received and revenue Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 23 paid out and it does not mean that an STO with a percentage of less than 90% is in violation of the law. Some STO ratios are very low because they are still in the early stages of participation in the program. The 90% requirement is evaluated using two different methods: 1) a review of total donations and scholarships over the life of the STO and 2) calculating 90% of credit donations received in a particular fiscal year and tracking the amount to be awarded within the following two fiscal years. Percentages calculated based on total donations and scholarships for STOs certified to receive low-income corporate donations in FY2015 are shown in the following table. Several STOs have very low percentages because they are newer STOs; their scholarships should increase significantly within the next year or two. These percentages are being monitored annually and if STOs with low percentages do not improve, ADOR will review that program to determine the reason. Based on the yearly 90% calculation, there are currently no STOs in violation of the 90% requirement. School Tuition Organization AAA Scholarship Foundation Academic Opportunity Arizona Arizona Community Foundation STO Arizona Leadership Foundation Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Ratio 88.1 0.0 55.7 42.6 92.4 25.3 70.1 School Tuition Organization Arizona's Catholic Tuition Support Organization Dynamite Montessori Foundation Financial Assistance for Independent Schools Institute for Better Education Life Development Institute Education Fund School Choice Arizona Tuition Organization for Private Schools Ratio 29.4 68.3 89.3 99.2 0.0 76.0 80.1 PRIVATE SCHOOLS IN ARIZONA The final table at the end of this report, Appendix 20 (pg. 79), lists every private school that has received scholarship revenue from the private school tuition organization income tax credit programs and the estimated amounts received from all four programs since 1998. The amounts are estimated for two reasons. For the first several years of the private school tuition organization tax credit program, there was no requirement for the STOs to report. Although some did report at ADOR request, some did not or only reported partially. Therefore, the early year figures are incomplete. Secondly, the reporting period changed from calendar year to fiscal year, beginning with FY2011. The amount of scholarships by school that were duplicated in the CY2010 and FY2011 numbers was estimated. For additional information or questions, contact Karen Jacobs at the Arizona Department of Revenue at 602-716-6923. Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 24 APPENDIX 1 SCHOOL TUITION ORGANIZATIONS CERTIFIED TO RECEIVE DONATIONS FOR TAX CREDIT PURPOSES IN FISCAL YEAR 2015 School Tuition Organization IndividualCertified CorporateCertified AAA Scholarship Foundation 12/10/2012 Academic Opportunity of Arizona 4/15/2014 Alumnus Student Tuition Organization 1/27/2015 Arizona Adventist Scholarships 1/01/2011 Arizona Christian School Tuition Organization 1/01/2011 Arizona Community Foundation School Tuition Organization 4/02/2013 4/02/2013 Arizona Education and Scholarship Opportunity Program 12/31/2013 12/31/2013 Arizona Education First 10/31/2014 10/31/2014 Arizona Education Scholarship Foundation 1/01/2011 9/29/2010 Arizona Episcopal Schools Foundation 1/01/2011 7/29/2010 Arizona Independent Schools Scholarship Foundation 1/01/2011 7/29/2010 Arizona International Academy Scholarship Fund 1/01/2011 6/30/2015 Arizona Leadership Foundation 3/09/2011 Arizona Lutheran Scholarship Organization 1/01/2011 Arizona Private Education Scholarship Fund 1/01/2011 7/29/2010 Arizona Scholarship Fund 1/01/2011 7/01/2012 Arizona School Choice Trust 1/01/2011 7/29/2010 Arizona Tax Credit 8/14/2014 Arizona Tuition Connection 2/01/2013 2/01/2013 Arizona Tuition Organization 1/01/2011 7/29/2010 Arizona Waldorf Scholarship Foundation 1/01/2011 7/01/2012 Arizona Youth Education Scholarships Not after 12/8/2014 Arizona's Catholic Tuition Support Organization 1/01/2011 7/29/2010 Best Student Fund 1/01/2011 7/01/2012 Brophy Community Foundation 1/01/2011 7/29/2010 Catholic Education Arizona 1/01/2011 7/29/2010 Chabad Tuition Organization 1/01/2011 7/29/2010 Christ Lutheran School Tuition Organization 1/01/2011 7/29/2010 Christian Scholarship Foundation 1/01/2011 7/29/2010 Christian Scholarship Fund of Arizona 1/01/2011 7/29/2010 Cochise Christian School Tuition Organization 1/01/2011 2/24/2011 Corporate Tax Foundation 4/14/2011 Corporations Reducing Student Tuition 8/14/2014 Dynamite Montessori Foundation 1/01/2011 8/18/2010 Education Liberty Fund 5/15/2015 5/15/2015 Financial Assistance for Independent Schools 1/01/2011 7/29/2010 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 25 School Tuition Organization IndividualCertified Foundation for Corporate Tax Credit Funds for Kids H.E.L.P. Scholarship Foundation Higher Education STO CorporateCertified 4/15/2011 9/12/2013 9/12/3013 Not after 6/30/2015 Not after 6/30/2015 3/23/2011 3/23/2011 Independent Schools Corporate Tax Foundation 3/23/2011 Institute for Better Education 1/01/2011 7/29/2010 Jewish Education Tax Credit Organization 1/01/2011 7/29/2010 Jewish Tuition Organization 1/01/2011 6/14/2011 Not after 3/3/2015 Not after 3/3/2015 Life Development Institute Education Fund 1/01/2011 7/29/2010 Lutheran Education Foundation 1/01/2011 7/29/2010 Montessori Scholarship Organization 1/01/2011 7/01/2012 Northern Arizona Christian School Scholarship Fund 1/01/2011 10/07/2010 Orme Primavera Schools Foundation 1/01/2011 Pappas Kids Schoolhouse Foundation 1/01/2011 Pinetop Tuition Support Organization 1/01/2011 Scholarships for Educational Excellence Foundation 1/03/2011 School Choice Arizona 1/01/2011 7/29/2010 School Tuition Association of Yuma 1/01/2011 7/29/2010 Schools With Heart Foundation 1/01/2011 Shepherd of the Desert Education Foundation 1/01/2011 7/29/2010 Southern Arizona Foundation for Education-SAFE Lutheran 1/01/2011 4/15/2014 Not after 2/6/2015 Not after 2/6/2015 Tuition Organization for Private Schools 1/01/2011 7/29/2010 Valley Lutheran Scholarship Organization 1/01/2011 8/03/2010 White Mountain Tuition Support Foundation 1/01/2011 9/02/2010 Yuma’s Education Scholarship Fund for Kids 1/01/2011 7/01/2012 Just Friends of Education The Leadership Consortium Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 8/03/2010 Page 26 APPENDIX 2 TAX CREDIT DONATIONS BY SCHOOL TUITION ORGANIZATION SINCE 1998 School Tuition Organization ST 1 Year Total Individual Donations Total Individual Switcher Donations Total Low-Income Student Corporate Donations Total DisabledDisplaced Donations Total Donations AAA Scholarship Foundation Academic Opportunity of Arizona 2012 2014 $0 $0 $0 $0 $20,799,971 $0 $965,000 $6,250 $21,764,971 $6,250 Alternative Schools Scholarship Fund Alumnus School Tuition Organization Arizona Adventist Scholarships Arizona Christian School Tuition Organization Arizona Community Foundation School Tuition Organization Arizona Education Alliance Arizona Education and Scholarship Opportunity Program Arizona Education First 2003 2015 1999 1998 $114,156 $5,294 $5,688,356 $143,611,478 $0 $4,869 $195,793 $14,089,699 $0 $0 $2,500 $0 $0 $0 $0 $0 $114,156 $10,163 $5,886,649 $157,701,177 2013 2012 2013 2014 $203,858 $0 $29,249 $42,819 $131,321 $0 $20,411 $22,987 $1,600,000 $0 $525,000 $0 $800,000 $0 $0 $0 $2,735,179 $0 $574,660 $65,806 Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund Arizona Leadership Foundation Arizona Lutheran Scholarship Organization Arizona Native Scholastic and Enrichment Resource Foundation Arizona Private Education Scholarship Fund Arizona Scholarship Fund 2010 1999 1998 2001 2011 2002 $759,879 $11,067,122 $11,354,932 $728,356 $0 $1,955,322 $422,258 $1,005,098 $1,537,339 $68,916 $0 $242,293 $0 $2,794,855 $3,924,053 $0 $24,909,916 $0 $0 $0 $0 $0 $5,554,400 $0 $1,182,137 $14,867,075 $16,816,324 $797,272 $30,464,316 $2,197,615 1999 1999 1998 $402,996 $16,909,446 $48,502,905 $0 $3,332,609 $3,437,217 $0 $1,571,500 $553,991 $0 $210,600 $16,800 $402,996 $22,024,155 $52,510,913 Arizona Scholarship & Grants Organization Arizona Scholarships & Tuition Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection Arizona Tuition Organization 1999 1998 1998 2014 2013 2004 $6,775 $23,075 $19,286,593 $192,692 $715,965 $13,566,022 $0 $0 $1,883,315 $115,384 $470,195 $1,834,039 $0 $0 $22,826,253 $0 $0 $0 $0 $0 $1,830,247 $0 $0 $0 $6,775 $23,075 $45,826,408 $308,076 $1,186,160 $15,400,061 Arizona Waldorf Scholarship Foundation 2001 $1,802,946 $216,848 $130,000 $0 $2,149,794 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 27 School Tuition Organization ST 1 Year Total Individual Donations Total Individual Switcher Donations Total Low-Income Student Corporate Donations Total DisabledDisplaced Donations Total Donations Arizona Youth Education Scholarships Arizona's Catholic Tuition Support Organization 2011 1999 $0 $57,492,130 $0 $6,418,303 $135,800 $23,210,891 $0 $460,500 $135,800 $87,581,824 Best Student Fund Bret Reed Freesmeyer Memorial Scholarship Fund Brophy Community Foundation Carden Schools Scholarship Fund Catholic Education Arizona Chabad Tuition Organization 2001 2001 1998 1998 1998 2000 $2,718,389 $426,736 $15,830,958 $57,980 $135,712,113 $2,016,792 $320,060 $0 $2,419,651 $0 $13,866,508 $253,269 $0 $0 $15,698,400 $0 $23,708,850 $500 $0 $0 $0 $0 $0 $0 $3,038,449 $426,736 $33,949,009 $57,980 $173,287,471 $2,270,561 Chaparral Mission Scholarship Fund Children’s Scholarship Network of Arizona Christ Lutheran School Tuition Organization Christian Scholarship Foundation Christian Scholarship Fund of Arizona Classical Christian Scholarship Fund 2001 2008 2000 1999 1998 2003 $1,460,480 $164,211 $2,758,305 $3,313,567 $5,285,561 $249,968 $0 $0 $291,540 $198,384 $180,866 $0 $3,000 $330,000 $0 $166,000 $50,000 $0 $0 $0 $0 $0 $0 $0 $1,463,480 $494,211 $3,049,845 $3,677,951 $5,516,427 $249,968 Cochise Christian School Tuition Organization Corporate Tax Foundation Diversity Leadership Institute Dynamite Montessori Foundation Educare Scholarship Fund Education Liberty Fund 2002 2011 2012 2001 1999 2015 $4,353,921 $0 $0 $530,372 $847,957 $0 $462,461 $0 $0 $86,669 $0 $0 $135,000 $3,430,000 $0 $0 $0 $0 $0 $0 $0 $6,920 $0 $0 $4,951,382 $3,430,000 $0 $623,961 $847,957 $0 Engelhardt/Pappas Foundation Financial Assistance for Independent Schools Flagstaff Scholarship Fund Foundation for Corporate Tax Credit Foundation for Lutherans Interested in Funding Education Foundation for Montessori Scholarships 1999 2000 2001 2011 2002 1999 $1,219,231 $3,715,164 $1,752,439 $0 $432,551 $522,654 $0 $635,367 $0 $0 $0 $0 $0 $235,000 $1,392,500 $617,000 $0 $0 $0 $685,000 $0 $0 $0 $0 $1,219,231 $5,270,530 $3,144,939 $617,000 $432,551 $522,654 Funds for Kids H.E.L.P. Scholarship Foundation Higher Education STO Independent Schools Corporate Tax Foundation 2013 1998 2011 2011 $504,998 $13,032,282 $300,995 $0 $277,621 $806,204 $111,617 $0 $0 $10,605 $10,000 $3,875,000 $0 $0 $0 $0 $782,619 $13,849,091 $422,612 $3,875,000 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 28 School Tuition Organization ST 1 Year Total Individual Donations Total Individual Switcher Donations Total Low-Income Student Corporate Donations Total DisabledDisplaced Donations Total Donations Institute for Better Education Investing in Children of Arizona Scholarship Fund 1998 2003 $63,141,910 $6,875 $9,934,075 $0 $5,529,364 $0 $728,398 $0 $79,333,747 $6,875 Jewish Education Tax Credit Organization Jewish Tuition Organization Just Friends of Education Life Development Institute Education Fund Lutheran Education Foundation Maranatha Christian Co-Op Tuition Fund 1999 1999 2009 2006 1998 1998 $8,124,578 $22,281,100 $7,600 $218,613 $2,885,858 $21,630 $1,103,245 $3,357,071 $0 $38,331 $62,603 $0 $700,000 $303,100 $0 $0 $0 $0 $0 $0 $0 $45,000 $0 $0 $9,927,823 $25,941,271 $7,600 $301,944 $2,948,461 $21,630 Montessori Centre School Tuition Organization Montessori Scholarship Organization Montessori School Tuition Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation Pappas Kids Schoolhouse Foundation 2000 2000 1999 1998 1999 2005 $361,549 $4,188,748 $43,400 $4,107,752 $2,671,113 $2,243,977 $0 $409,325 $0 $482,118 $235,103 $602,729 $0 $0 $0 $360,226 $0 $340,000 $0 $0 $0 $0 $0 $0 $361,549 $4,598,073 $43,400 $4,950,095 $2,906,216 $3,186,706 Parkside Christian Learning Center Patagonia Scholarship Fund Pinetop Tuition Support Organization Scholarships for Educational Excellence Foundation School Choice Arizona School Tuition Association of Yuma 2012 1999 2006 2009 2006 1999 $0 $76,154 $137,649 $473,973 $1,794,073 $3,747,918 $0 $0 $15,904 $109,390 $498,551 $310,903 $0 $0 $0 $0 $15,936,700 $578,600 $0 $0 $0 $0 $740,000 $0 $0 $76,154 $153,553 $583,363 $18,969,324 $4,637,421 Schools With Heart Foundation Shepherd of the Desert Education Foundation Southern Arizona Foundation for Education-SAFE Lutheran Tempe Montessori Parent’s Organization Tempe Montessori School Tuition Organization Tesseract Tuition Organization 1999 2000 1998 2000 2011 1998 $3,822,174 $1,794,047 $4,045,992 $1,327,668 $157,233 $146,315 $483,556 $243,444 $103,291 $0 $6,000 $0 $0 $0 $0 $0 $16,000 $0 $0 $0 $0 $0 $0 $0 $4,305,730 $2,037,491 $4,149,283 $1,327,668 $179,233 $146,315 The Leadership Consortium Tuition Organization for Private Schools Valley Lutheran Scholarship Organization VVBC Christian Education Fund 2011 2004 2004 1999 $0 $14,127,421 $1,047,719 $324,519 $0 $2,166,688 $98,707 $0 $0 $2,476,495 $125,000 $0 $0 $2,204,880 $0 $0 $0 $20,975,484 $1,271,426 $324,519 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 29 ST School Tuition Organization 1 Year Total Individual Donations Total Individual Switcher Donations Total Low-Income Student Corporate Donations Total DisabledDisplaced Donations Total Donations Walter T. Beamis Scholarship Foundation White Mountain Tuition Support Foundation Yo Creo 1999 2004 2011 $11,371 $1,466,974 $0 $0 $256,211 $0 $0 $0 $0 $0 $0 $0 $11,371 $1,723,185 $0 Yuma’s Education Scholarship Fund for Kids 2003 $5,778,874 $850,475 $164,425 $0 $6,793,774 $682,254,764 $76,726,830 $179,176,495 $14,253,995 $952,412,084 TOTALS Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 30 APPENDIX 3 SCHOLARSHIPS PAID FROM TAX CREDIT DONATIONS BY SCHOOL TUITION ORGANIZATION SINCE 1998 School Tuition Organization 1 Year Total Individual Scholarships Total Individual Switcher Scholarships Total Low-Income Student Corporate Scholarships Total DisabledDisplaced Scholarships Total Scholarships AAA Scholarship Foundation Academic Opportunity of Arizona 2012 2014 $0 $0 $0 $0 $3,804,555 $0 $76,712 $0 $3,881,267 $0 Alternative Schools Scholarship Fund Alumnus School Tuition Organization Arizona Adventist Scholarships Arizona Christian School Tuition Organization Arizona Community Foundation School Tuition Organization Arizona Education Alliance 2003 2015 1999 1998 2013 2012 $109,686 $0 $5,469,211 $130,518,629 $33,587 $0 $0 $0 $159,607 $10,337,852 $8,735 $0 $0 $0 $2,250 $0 $686,506 $0 $0 $0 $0 $0 $442,076 $0 $109,686 $0 $5,631,068 $140,856,481 $1,170,904 $0 Arizona Education and Scholarship Opportunity Program Arizona Education First Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund 2013 2014 2010 1999 1998 2001 $15,050 $0 $561,361 $9,845,831 $10,659,402 $595,603 $2,000 $0 $170,619 $615,433 $1,388,140 $57,218 $248,955 $0 $0 $1,390,083 $2,034,405 $0 $0 $0 $0 $0 $0 $0 $266,005 $0 $731,980 $11,851,347 $14,081,947 $652,821 Arizona Leadership Foundation Arizona Lutheran Scholarship Organization Arizona Native Scholastic and Enrichment Resource Foundation Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona Scholarship & Grants Organization Arizona Scholarships & Tuition Arizona School Choice Trust Arizona Tax Credit 2011 2002 $1,732,187 $130,204 $18,458,234 $0 $2,365,858 $0 $20,824,092 $1,862,391 1999 1999 1998 1999 1998 1998 2014 $277,287 $14,231,693 $41,713,472 $0 $26,360 $19,364,450 $127,650 $0 $2,374,581 $2,174,981 $0 $0 $310,471 $65,054 $0 $1,328,387 $479,002 $0 $0 $16,898,268 $0 $0 $146,251 $4,894 $0 $0 $1,281,392 $0 $277,287 $18,080,913 $44,372,349 $0 $26,360 $37,854,581 $192,704 Arizona Tuition Connection Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Arizona Youth Education Scholarships 2013 2004 2001 2011 $622,140 $12,047,930 $1,553,394 $0 $301,287 $1,273,169 $100,212 $0 $0 $0 $70,943 $122,209 $0 $0 $0 $0 $923,427 $13,321,099 $1,724,549 $122,209 ST Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 31 School Tuition Organization 1 Year Total Individual Scholarships Total Individual Switcher Scholarships Total Low-Income Student Corporate Scholarships Total DisabledDisplaced Scholarships Total Scholarships Arizona's Catholic Tuition Support Organization Best Student Fund Bret Reed Freesmeyer Memorial Scholarship Fund Brophy Community Foundation Carden Schools Scholarship Fund 1999 2001 2001 1998 1998 $50,078,757 $2,605,880 $492,962 $13,371,518 $55,067 $3,539,114 $222,942 $0 $1,352,682 $0 $17,383,653 $0 $0 $10,177,021 $0 $174,741 $0 $0 $0 $0 $71,176,265 $2,828,822 $492,962 $24,901,221 $55,067 Catholic Education Arizona Chabad Tuition Organization Chaparral Mission Scholarship Fund Children’s Scholarship Network of Arizona Christ Lutheran School Tuition Organization Christian Scholarship Foundation 1998 2000 2001 2008 2000 1999 $123,806,703 $1,811,256 $1,527,304 $156,647 $2,535,385 $2,982,549 $7,761,077 $226,771 $0 $0 $200,932 $113,836 $18,466,828 $450 $3,000 $323,438 $0 $129,369 $0 $0 $0 $0 $0 $0 $150,034,608 $2,038,477 $1,530,304 $480,085 $2,736,317 $3,225,754 Christian Scholarship Fund of Arizona Classical Christian Scholarship Fund Cochise Christian School Tuition Organization Corporate Tax Foundation Diversity Leadership Institute Dynamite Montessori Foundation 1998 2003 2002 2011 2012 2001 $4,774,391 $207,891 $4,235,530 $98,758 $0 $447,158 $0 $442,955 $0 $66,352 $50,107 $0 $135,000 $965,880 $0 $0 $0 $0 $0 $0 $0 $4,728 $4,923,256 $207,891 $4,817,688 $965,880 $0 $514,035 Educare Scholarship Fund Education Liberty Fund Engelhardt/Pappas Foundation Financial Assistance for Independent Schools Flagstaff Scholarship Fund Foundation for Corporate Tax Credit 1999 2015 1999 2000 2001 2011 $817,733 $0 $1,123,034 $3,260,013 $1,610,865 $0 $0 $0 $310,399 $0 $0 $0 $0 $63,500 $1,316,020 $647,680 $0 $0 $0 $555,152 $0 $0 $817,733 $0 $1,123,034 $4,189,064 $2,926,885 $647,680 Foundation for Lutherans Interested in Funding Education Foundation for Montessori Scholarships Funds for Kids H.E.L.P. Scholarship Foundation Higher Education STO Independent Schools Corporate Tax Foundation 2002 1999 2013 1998 2011 2011 $428,851 $473,808 $240,870 $12,372,001 $247,938 $0 $0 $127,944 $733,093 $94,720 $0 $0 $0 $9,545 $9,000 $1,613,081 $0 $0 $0 $0 $0 $0 $428,851 $473,808 $368,814 $13,114,639 $351,658 $1,613,081 Institute for Better Education 1998 $50,469,984 $4,774,142 $4,680,072 $548,699 $60,472,897 ST Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 32 School Tuition Organization 1 Year Total Individual Scholarships Total Individual Switcher Scholarships Total Low-Income Student Corporate Scholarships Total DisabledDisplaced Scholarships Total Scholarships Investing in Children of Arizona Scholarship Fund Jewish Education Tax Credit Organization Jewish Tuition Organization Just Friends of Education Life Development Institute Education Fund 2003 1999 1999 2009 2006 $0 $6,741,884 $20,981,287 $6,070 $207,950 $0 $618,205 $1,918,095 $0 $15,000 $0 $752,895 $215,199 $0 $0 $0 $0 $0 $0 $0 $0 $8,112,984 $23,114,581 $6,070 $222,950 Lutheran Education Foundation Maranatha Christian Co-Op Tuition Fund Montessori Centre School Tuition Organization Montessori Scholarship Organization Montessori School Tuition Organization Northern Arizona Christian School Scholarship Fund 1998 1998 2000 2000 1999 1998 $2,721,046 $3,926 $349,867 $4,029,652 $38,900 $3,437,106 $60,596 $0 $0 $301,542 $0 $271,348 $0 $0 $0 $0 $0 $297,311 $0 $0 $0 $0 $0 $0 $2,781,642 $3,926 $349,867 $4,331,194 $38,900 $4,005,765 Orme Primavera Schools Foundation Pappas Kids Schoolhouse Foundation Parkside Christian Learning Center Patagonia Scholarship Fund Pinetop Tuition Support Organization Scholarships for Educational Excellence Foundation 1999 2005 2012 1999 2006 2009 $2,492,330 $1,945,747 $0 $62,713 $117,518 $443,233 $215,142 $553,416 $0 $0 $4,000 $64,108 $0 $309,676 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,707,472 $2,808,839 $0 $62,713 $121,518 $507,340 School Choice Arizona School Tuition Association of Yuma Schools With Heart Foundation Shepherd of the Desert Education Foundation Southern Arizona Foundation for Education-SAFE Lutheran Tempe Montessori Parent’s Organization 2006 1999 1999 2000 1998 2000 $1,354,317 $3,384,120 $3,465,826 $1,706,442 $3,950,508 $1,285,596 $343,116 $278,484 $402,751 $226,458 $65,767 $0 $10,906,799 $528,381 $0 $0 $0 $0 $561,650 $1,250 $0 $0 $0 $0 $13,165,883 $4,192,235 $3,868,577 $1,932,900 $4,016,275 $1,285,596 Tempe Montessori School Tuition Organization Tesseract Tuition Organization The Leadership Consortium Tuition Organization for Private Schools Valley Lutheran Scholarship Organization VVBC Christian Education Fund 2011 1998 2011 2004 2004 1999 $41,843 $24,250 $0 $11,969,871 $993,161 $317,182 $13,633 $0 $0 $1,229,862 $63,596 $0 $0 $0 $0 $2,250,147 $111,518 $0 $0 $0 $0 $1,763,624 $0 $0 $55,476 $24,250 $0 $17,213,504 $1,168,275 $317,182 Walter T. Beamis Scholarship Foundation 1999 $4,000 $0 $0 $0 $4,000 ST Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 33 School Tuition Organization 1 Year Total Individual Scholarships Total Individual Switcher Scholarships Total Low-Income Student Corporate Scholarships Total DisabledDisplaced Scholarships Total Scholarships White Mountain Tuition Support Foundation Yo Creo 2004 2011 $1,347,804 $0 $207,705 $0 $0 $0 $0 $0 $1,555,510 $0 Yuma’s Education Scholarship Fund for Kids 2003 $5,317,704 $517,684 $96,777 $0 $5,932,165 $608,376,666 $46,909,992 $116,966,143 $7,927,029 $780,179,829 ST TOTALS Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 34 APPENDIX 4 SCHOLARSHIPS FROM ALL TYPES OF DONATIONS BY LOCATION OF PRIVATE SCHOOL IN FY2015 City/Town Ajo Anthem Avondale Bapchule Benson Buckeye Bullhead City Bylas Camp Verde Casa Grande Cave Creek Chandler Cornville Cottonwood Douglas Elfrida Flagstaff Florence Gilbert Glendale Globe Goodyear Holbrook Kingman Kykotsmovi Lake Havasu City Laveen Litchfield Park Maricopa Mayer Mesa Nogales Oro Valley Page Paradise Valley Payson Peoria Peridot Phoenix Picacho # 9 142 538 504 9 144 7 30 207 292 280 3,258 2 519 275 1 727 8 1,560 3,260 10 1,075 44 203 125 269 7 266 2 21 1,969 433 380 15 735 173 159 54 21,495 37 Scholarship $ Avg. Scholarship $5,671 $240,487 $644,169 $449,423 $8,691 $194,635 $13,449 $22,007 $272,385 $587,871 $645,916 $6,509,282 $4,441 $867,463 $756,835 $4,794 $998,431 $5,832 $4,142,372 $4,137,720 $12,180 $1,321,789 $17,475 $149,593 $216,297 $523,710 $8,600 $460,599 $1,075 $157,714 $2,706,588 $500,000 $681,508 $9,514 $2,571,780 $233,499 $286,987 $37,891 $39,025,373 $15,632 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 $630 $1,694 $1,197 $892 $966 $1,352 $1,921 $734 $1,316 $2,013 $2,307 $1,998 $2,220 $1,671 $2,752 $4,794 $1,373 $729 $2,655 $1,269 $1,218 $1,230 $397 $737 $1,730 $1,947 $1,229 $1,732 $538 $7,510 $1,375 $1,155 $1,793 $634 $3,499 $1,350 $1,805 $702 $1,816 $422 Page 35 City/Town Pinetop Prescott Queen Creek Rock Point Safford San Carlos San Tan Valley Scottsdale Sedona Show Low Sierra Vista St. Michael Sun Valley Surprise Tempe Tucson Waddell Whiteriver Wickenburg Willcox Winslow Youngtown Yuma # 9 1,599 51 77 3 211 177 2,902 22 460 511 514 11 74 1,876 13,256 2 119 253 46 88 16 2,430 Scholarship $ Avg. Scholarship $22,737 $1,925,550 $130,563 $169,761 $3,679 $529,745 $277,741 $6,219,387 $84,280 $793,642 $847,779 $376,474 $16,095 $53,162 $2,940,717 $27,246,832 $21,700 $61,777 $315,432 $85,128 $59,478 $43,200 $3,424,230 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 $2,526 $1,204 $2,560 $2,205 $1,226 $2,511 $1,569 $2,143 $3,831 $1,725 $1,659 $732 $1,463 $718 $1,568 $2,055 $10,850 $519 $1,247 $1,851 $676 $2,700 $1,409 Page 36 APPENDIX 5 RESERVED SCHOLARSHIPS FOR FUTURE YEARS BY PRIVATE SCHOOLS BY DONATION PROGRAM Private School 2nd Street Children's School 91st Psalm Christian School Abbie Loveland Tuller Ace Academy Ahwatukee Foothills Montessori Ajo Christian Academy of Excellence Aldea Montessori All Saints' Episcopal Day School Ambassador Christian Academy Americian Family Education Angels in Autism (AZ Behavior & Autism) Annunciation Catholic School Apache Baptist Academy Arizona Lutheran Academy Arrowhead Christian Academy Arrowhead Montessori School Ascension Lutheran School Atonement Lutheran School Autism Academy for Education & Development Awakening Seed School AZ Aspire Academy Bayer Private School Beautiful Savior Academy Bella Vista College Preparatory School Bethany Christian School Big Dreams Preschool & Kindergarten Black Mountain Science Academy # 12 11 4 6 6 15 4 1 12 6 12 29 3 7 5 Reserved Scholarships from Original Individual Donations $32,264 $6,939 $3,486 $5,770 $23,417 $39,756 $6,531 $4,302 $11,877 $2,660 $10,178 $35,232 $2,047 $3,790 $5,455 3 1 6 7 $4,658 $1,675 $9,880 $5,460 26 $93,275 1 $454 2 2 2 4 Reserved Scholarships from Switcher Donations $6,093 $1,417 $4,000 $997 4 1 4 5 1 $80 $1,706 $6,080 $7,051 $2,454 # 8 1 6 17 1 2 13 $4,643 $3 $5,102 $12,770 $25 $840 $19,087 1 1 1 1 3 1 24 1 $925 $503 $1,325 $945 $1,956 $2,500 $48,289 $945 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 1 Reserved Scholarships from Low-Income Corporate Donations $200 3 4 $850 $600 128 $3,090,200 1 2 2 $250 $22,950 $500 # 2 $18,884 3 20 $17,900 $85,315 Reserved Scholarships from Disabled-Displaced Donations # 6 $65,291 1 $500 8 $4,000 Total Reserved Scholarships $38,557 $8,356 $73,627 $7,367 $23,417 $80 $1,706 $3,136,036 $13,582 $6,757 $750 $39,470 $3,163 $15,279 $48,002 $2,072 $4,630 $24,542 $4,925 $24,046 $3,000 $10,825 $7,417 $20,400 $226,879 $945 $454 Page 37 Private School Bourgade Catholic High School Breakthrough Academy Brightmont Academy Brophy College Preparatory Brophy Loyola Academy Calvary Baptist School Calvary Chapel Christian School Calvary Christian Academy Calvary Christian Academy Calvary Christian School Calvary Shadows Assembly of God Camelback Christian School Camp Verde United Christian School Carden Christian Academy Central Casa del Nino Bilingual Montessori School Casa Ninos School of Montessori Casas Christian School Castlehill Country Day School Cedar Tree Montessori Chandler Christian Academy Chaparral Christian Preschool & Kindergarten Chapel Haven West Christ Church School Christ Lutheran School Christ the King Academy Christ the King Catholic School Christian Academy of Prescott Christ's Greenfield Lutheran School Chrysalis Academy Clear View Academy # 123 2 1 427 Reserved Scholarships from Original Individual Donations $192,629 $3,360 $450 $1,079,774 2 28 28 $3,876 $33,073 $64,223 1 2 1 26 7 2 140 23 $1,000 $2,009 $230 $17,763 $2,693 $3,400 $278,153 $45,067 16 1 Reserved Scholarships from Switcher Donations $20,708 $2,400 69 71 1 16 13 $231,475 $319,500 $387 $14,846 $11,181 1 $319 2 2 18 6 1 25 3 $1,074 $655 $7,396 $3,488 $3,306 $36,956 $5,200 # 8 $20,166 5 $6,004 7 1 9 32 3 91 31 56 1 8 $6,466 $500 $15,610 $58,285 $1,794 $115,502 $19,008 $118,507 $5,318 $6,876 3 $3,822 # 69 Reserved Scholarships from Low-Income Corporate Donations $258,250 5 1 Reserved Scholarships from Disabled-Displaced Donations $23,499 $500 170 71 $2,617,181 $2,208,300 29 1 3 $13,000 $150 $5,900 10 $39,950 4 $2,000 31 $12,750 7 $5,250 1 15 $15,300 $33,089 1 $5,742 8 24 $13,048 $29,483 3 7 $36,177 $7,250 11 22 40 1 10 $6,095 $10,303 $59,296 $1,482 $2,791 21 33 6 $41,800 $26,070 $4,700 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 1 $64,672 1 $20,109 1 $500 1 $11,484 Total Reserved Scholarships $495,086 $6,260 $450 $3,928,429 $2,527,800 $4,263 $60,918 $75,554 $5,900 $319 $1,000 $3,083 $885 $67,109 $6,181 $6,706 $333,109 $50,267 $21,042 $59,258 $10,289 $65,172 $64,835 $115,127 $1,794 $163,897 $55,381 $182,503 $18,285 $9,667 Page 38 Private School Cochise Seventh-day Adventist Christian School Congregation Anshei Israel Preschool & Kindergarten Cornerstone Christian Academy/Pusch Ridge Cornerstone Kidz Creo School Cross of Glory Lutheran Elementary School Crossroads Community School (Hope Christian Academy) Desert Christian Schools Desert Garden Montessori Desert Sun Child Development Center Desert Valley Christian School Dobson Montessori School Dynamite Montessori School El Dorado Private School Emmanuel Christian Academy Emmanuel Lutheran School Emmaus Lutheran School Faith Christian Academy Faith Christian School Faith Community Academy Faith Lutheran School Family Life Academy Family of Christ Learning Center First Baptist Christian Academy First Southern Christian School Flagstaff Community Christian School Freedom Christian Academy Gary K. Herberger Young Scholar's Academy Reserved Scholarships from Original Individual Donations # Reserved Scholarships from Switcher Donations # Reserved Scholarships from Low-Income Corporate Donations # # 6 7 $350 7 $20,190 4 $1,000 194 $381,827 $55,906 $31,678 $2,848 $95,218 $517 $28,220 $3,643 44 8 2 68 1 12 4 34 226 22 1 7 13 11 3 61 2 1 12 8 65 45 54 1 18 24 88 5 $75,840 $546,401 $22,949 $500 $6,760 $25,070 $29,811 $8,097 $59,989 $1,000 $289 $12,158 $16,656 $74,862 $26,956 $51,632 $1,041 $14,556 $20,300 $130,879 $5,257 19 70 19 1 2 11 6 3 29 1 1 4 4 17 14 15 $38,926 $105,290 $20,968 $1,850 $1,098 $11,554 $18,442 $9,579 $15,192 $750 $1,005 $1,926 $3,781 $7,050 $3,793 $11,908 7 126 $51,598 $305,783 4 1 10 7 35 3 11 $7,483 6 Reserved Scholarships from Disabled-Displaced Donations Total Reserved Scholarships $64,068 $64,068 $21,540 3 $2,250 21 2 $78,880 $10,877 $31,000 $10,200 4 $98,096 14 $5,300 1 $3,637 1 16 15 19 $15,300 $21,650 $3,050 $6,455 1 $500 1 2 $500 $1,500 $5,807 $2,263 $36,717 $3,089 2 3 22 24 $300 $30,800 $126,250 $115,335 3 4 $900 $24,651 $5,586 3 $3,500 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 $535,201 $517 $59,898 $6,491 $166,364 $1,036,354 $54,794 $2,350 $38,858 $144,919 $48,253 $17,676 $84,119 $1,750 $1,294 $14,084 $36,237 $103,562 $34,299 $71,496 $1,041 $20,664 $54,263 $318,497 $123,681 $16,569 Page 39 Private School Gateway Baptist Academy Gethsemane Lutheran School Gilbert Christian Schools Glendale Christian Academy Glenview Adventist Academy Grace Christian Academy Grace Community Christian School Grace Fellowship Academy Grace Lutheran School GracePointe Christian Academy (Chapel in the Hills) Graysmark Academy Green Fields Country Day School Guiding Light Christian Educational Center (GLCP) Harvest Kidz School Holy Cross Evangelical Lutheran School Holy Trinity Academy Hopi Mission School Imago Dei Middle School Immaculate Conception School Immaculate Heart Academy Immaculate Heart High School Inspire Kids Montessori Intermountain Academy International School of Arizona International School of Tucson Joanne Todd Christian School Joy Christian School Joyful Beginnings Academy Kino Learning Center # 16 48 101 5 Reserved Scholarships from Original Individual Donations $10,206 $68,142 $240,816 $1,858 29 3 11 $113,339 $1,200 $5,057 13 1 29 $6,291 $900 $29,077 2 1 1 3 8 1 88 117 31 5 $1,000 $354 $270 $515 $8,000 $1,962 $81,128 $146,933 $108,515 $11,410 2 54 33 43 2 25 $972 $104,164 $56,292 $51,368 $393 $26,425 3 32 67 3 1 1 25 4 2 Reserved Scholarships from Switcher Donations $2,375 $54,937 $132,643 $1,200 $750 $100 $77,590 $2,680 $1,439 9 15 # 1 1 1 1 53 32 40 3 Reserved Scholarships from Low-Income Corporate Donations # 4 $13,300 24 $344,250 18 1 $13,464 $15,300 $4,737 10 $15,300 Reserved Scholarships from Disabled-Displaced Donations # 1 $750 $62,400 1 $500 7 $4,750 2 $67,241 3 $4,848 2 1 45 48 21 $9,620 $300 $45,000 $236,297 $81,303 4 Total Reserved Scholarships $12,581 $123,079 $387,509 $3,058 $345,000 $100 $190,929 $17,344 $21,796 $73,929 $900 $116,368 $5,848 $2,286 $815 $988 $17,620 $3,200 $167,015 $451,950 $282,021 $19,531 $10,400 $972 $115,468 $83,417 $452,353 $393 $64,182 $1,932 $545 $473 $938 $39,387 $57,945 $92,203 $8,121 1 6 $1,500 $10,775 $1,400 18 $9,000 13 11 26 $4,204 $27,125 $44,202 13 $6,350 1 $750 71 $356,778 1 $5 19 $15,570 16 $10,480 4 $11,707 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 40 Private School Lamb's Gate Christian School Lauren's Institute for Education School (LIFE) Lexington Life Academy Lexis Preparatory School Life Christian Academy Logos Christian Academy Loretto Catholic School Lourdes Catholic School Magical Journey Learning Center Mesa Christian Academy Mis Manos Montesorri School Montessori Christian Academy Most Holy Trinity Catholic School Mount Calvary Lutheran School Mountain Christian School New Covenant Lutheran Preschool & Kindergarten New Vistas Center for Education New Way Learning Academy Noah's Ark Preschool & Kindergarten North Phoenix Baptist Kindergarten North Valley Christian Academy (Cross of Christ) Northland Christian School Northminster Christian School Northwest Christian School Notre Dame Preparatory Our Lady of Mt. Carmel School Our Lady of Perpetual Help Catholic School Our Lady of Perpetual Help Catholic School Our Lady of the Mountains (All Saints) # 7 Reserved Scholarships from Original Individual Donations $13,270 6 1 4 73 91 29 2 1 5 49 1 7 $7,090 $538 $5,601 $124,402 $100,447 $43,098 $982 $738 $2,093 $33,146 $1,835 $11,324 1 42 25 1 3 4 4 21 364 131 55 76 50 62 4 Reserved Scholarships from Switcher Donations $3,492 2 $1,418 # Reserved Scholarships from Low-Income Corporate Donations # 2 5 $5,340 2 $6,450 4 31 26 5 2 $3,544 $58,925 $41,128 $6,618 $976 29 119 41 $263,900 $1,438,475 $177,400 7 4 2 4 $3,281 $4,000 $1,408 $3,936 $951 $81,416 $33,567 $349 $3,947 2 5 54 $1,526 $3,752 $213,075 1 $1,870 $6,002 $1,888 $36,733 $532,742 $242,306 $52,493 $47,327 $41,357 $175,583 4 $2,680 15 212 23 17 17 14 29 $15,100 $289,962 $32,393 $18,219 $10,004 $11,641 $87,933 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 2 100 2 8 26 6 58 19 25 104 16 27 Reserved Scholarships from Disabled-Displaced Donations $1,000 3 4 $900 $14,549 1 $750 2 $1,000 1 $7,049 $32,000 $893,425 $30,600 $110,925 $101,700 $1,400 $327,345 $103,211 $75,400 $101,100 $14,550 $55,520 12 Total Reserved Scholarships $17,762 $1,418 $900 $33,429 $538 $273,045 $1,621,802 $318,975 $50,466 $33,958 $1,738 $5,374 $930,571 $33,843 $133,234 $2,478 $85,168 $403,342 $349 $5,817 $55,000 1 $500 2 $1,500 2 $3,900 $8,682 $1,888 $53,733 $1,150,050 $379,410 $146,112 $162,330 $67,548 $319,036 Page 41 Private School Our Mother of Sorrows Catholic School Page Christian School Palm Valley Montessori Palms Christian School Paradise for Tots Christian Kindergarten Paradise Valley Christian Preparatory Pardes Jewish Day School Parkway Children's School of Excellence Payson Community Christian School Phoenix Christian Academy Phoenix Christian Preparatory Schools Phoenix Christian School K-8 Phoenix Country Day School Pieceful Solutions Pilgrim Lutheran School Pleasantview Christian Elementary Primavera School Quality Interactive Montessori Queen of Peace Catholic School Rancho Solano Schools Red Sands Christian School Redeemer Christian School Redeemer Lutheran School Resurrection Lutheran Child Development Center Risen Savior Lutheran School River of Life Christian School Running River School S A R R C Community School Sacred Heart Catholic School Saguaro Hills Adventist Christian School # 199 Reserved Scholarships from Original Individual Donations $222,963 15 6 1 21 6 1 1 $11,592 $4,496 $2,508 $57,840 $2,194 $1,249 $600 19 5 21 3 1 $15,037 $17,137 $126,910 $5,472 $389 87 1 5 1 Reserved Scholarships from Switcher Donations $59,918 $410 $3,893 $1,000 14 2 $14,109 $2,964 19 1 19 8 17 1 1 $11,930 $25 $21,082 $12,403 $24,543 $3,000 $947 # # 92 Reserved Scholarships from Low-Income Corporate Donations $84,765 3 Reserved Scholarships from Disabled-Displaced Donations $5,700 1 $1,500 2 $7,331 6 $7,264 3 $7,101 13 $14,599 118 2 112 $521,728 $30,600 $1,687,200 3 $11,546 6 $14,465 3 1 $45,900 $200 9 1 17 28 11 1 9 $7,199 $5,930 $9,794 $45,423 $5,534 $500 $4,914 1 1 2 15 9 $400 $3,820 $900 $20,389 $1,987 78 3 25 $65,800 $2,342 $15,490 2 $1,200 9 $62,200 6 $4,510 5 2 $4,540 $473 9 3 2 69 3 $9,419 $6,150 $6,106 $65,068 $1,077 26 3 36 $8,596 $30,414 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 50 16 $79,900 $213,300 $233,325 # 3 $1,500 2 $8,804 2 $18,184 Total Reserved Scholarships $373,346 $410 $15,485 $14,327 $2,508 $86,314 $5,158 $1,249 $27,129 $25 $557,847 $71,686 $1,838,652 $22,937 $1,336 $45,900 $7,799 $9,750 $76,494 $68,154 $23,011 $500 $68,314 $9,050 $473 $90,819 $6,150 $23,505 $308,782 $252,586 Page 42 Private School Salpointe Catholic High School San Francisco de Asis Catholic School San Miguel High School San Xavier Mission School Santa Cruz Catholic School Satori Scottsdale Christian Academy Seton Catholic High School Shepherd of the Desert Lutheran School Sonshine Christian School Southwestern Christian School Spondeo Montessori Ss. Peter and Paul Catholic School Ss. Simon and Jude School St. Agnes Catholic School St. Ambrose School St. Andrew's Kindergarten St. Anthony Catholic School St. Anthony of Padua Catholic School St. Augustine Catholic High School St. Catherine of Sienna Catholic School St. Charles Apache School St. Cyril Catholic School St. Elizabeth Ann Seton Catholic School St. Francis of Assisi School St. Francis Xavier Elementary School St. Gregory Catholic School St. Jerome K-8 School St. John Bosco Catholic School St. John the Evangelist School St. John Vianney Catholic School # 700 57 366 99 88 18 102 169 13 13 49 2 177 106 34 87 46 71 157 3 100 163 205 144 71 64 41 68 90 54 Reserved Scholarships from Original Individual Donations $1,303,861 $50,721 $340,193 $258,628 $184,112 $39,884 $226,214 $331,712 $16,545 $15,710 $67,117 $2,064 $236,021 $86,301 $17,100 $140,746 $63,617 $153,519 $265,048 $918 $262,801 $266,254 $253,518 $109,419 $228,619 $43,583 $34,232 $194,333 $184,099 $50,289 # 243 20 190 32 53 8 63 37 10 4 23 1 89 47 Reserved Scholarships from Switcher Donations $478,833 $9,050 $193,861 $133,390 $103,909 $11,985 $162,123 $38,489 $17,984 $1,600 $29,400 $3,041 $101,692 $24,636 75 29 $67,168 $39,198 47 98 1 50 65 81 47 39 49 24 12 62 1 $71,489 $112,286 $483 $150,427 $125,866 $106,921 $52,404 $32,326 $34,582 $16,438 $14,206 $113,647 $473 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 265 10 149 21 177 Reserved Scholarships from Low-Income Corporate Donations $932,353 $2,700 $496,800 $50,000 $1,083,846 32 8 $118,497 $3,600 2 2 $550 $26,775 70 112 53 175 $156,300 $158,500 $127,700 $1,421,432 61 69 133 35 27 57 56 45 121 125 67 27 390 161 $54,350 $207,267 $305,775 $154,150 $52,650 $97,444 $158,003 $90,900 $408,059 $95,800 $224,100 $19,000 $2,100,497 $103,400 # 12 Reserved Scholarships from Disabled-Displaced Donations $16,600 2 $1,000 1 1 $750 $750 3 2 $2,250 $1,500 5 1 $22,174 $750 10 $16,547 3 1 $33,461 $750 2 $1,000 Total Reserved Scholarships $2,731,647 $62,471 $1,030,854 $443,018 $1,371,867 $51,869 $507,584 $374,550 $34,529 $17,860 $123,292 $5,105 $496,263 $270,937 $144,800 $1,651,520 $103,566 $54,350 $432,275 $699,656 $155,551 $465,878 $523,024 $519,192 $252,723 $669,004 $173,965 $274,770 $227,539 $2,398,243 $155,162 Page 43 Private School St. John XXIII Catholic School St. Joseph Catholic School St. Joseph's Catholic Montessori School St. Louis the King Catholic School St. Maria Goretti School St. Mark's Early Childhood Center St. Mark's Preschool & Kindergarten St. Mary Basha Catholic Elementary School St. Mary's Catholic High School St. Mary's High School St. Matthew School St. Maximilian Mary Kolbe School St. Michael Indian School St. Michael's Parish Day School St. Peter Mission School St. Theresa Elementary School St. Thomas Aquinas School St. Thomas the Apostle Catholic Pre-School & Kindergarten St. Thomas the Apostle Catholic School St. Timothy Catholic Academy (Alma School) St. Timothy Catholic School St. Vincent de Paul School Summit School of Ahwatukee Sun Valley Learning Center Tanque Verde Lutheran Preschool/Kindergarten Tempe Montessori Tesseract School The Beginning School The Caepe School 51 93 26 51 Reserved Scholarships from Original Individual Donations $60,595 $133,335 $24,131 $36,364 11 12 77 98 $10,622 $22,207 $58,111 $78,342 27 3 102 40 $11,723 $2,915 $98,531 $79,305 25 90 $29,385 $91,903 3 80 12 11 25 98 8 $13,176 $114,178 $12,381 $11,687 $17,813 $323,571 $13,928 6 10 16 6 $4,442 $30,916 $11,744 $6,384 # 16 57 7 27 Reserved Scholarships from Switcher Donations $23,024 $53,795 $6,442 $25,216 77 21 158 $146,500 $34,700 $701,550 5 8 14 $2,315 $4,800 $12,793 1 4 $200 $16,350 53 8 $44,360 $3,566 10 170 $106,000 $853,550 40 9 26 5 19 $49,595 $35,423 $28,200 $1,858 $14,842 43 1 86 26 13 $19,850 $15,300 $77,850 $19,630 $39,150 1 $4,600 15 10 $12,350 $17,584 17 15 17 $12,200 $78,995 $12,176 4 10 10 2 1 $1,367 $14,020 $18,452 $4,600 $463 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Reserved Scholarships from Low-Income Corporate Donations # 33 $52,350 55 13 $103,850 $14,676 2 9 Reserved Scholarships from Disabled-Displaced Donations # 7 $13,650 3 1 $74,743 $5,500 1 $750 2 $6,479 1 $500 1 2 $5,742 $1,500 Total Reserved Scholarships $83,619 $347,279 $65,273 $837,873 $5,500 $12,937 $27,207 $88,005 $78,342 $150,360 $868,839 $2,915 $167,976 $136,507 $106,050 $50,873 $145,895 $17,776 $127,028 $82,315 $11,687 $139,605 $418,743 $26,105 $5,809 $75,536 $47,884 $10,984 $463 $30,600 $17,688 Page 44 Private School The Goddard School The Gregory School/St. Gregory College Preparatory The IDEA School The Jones-Gordon School The Learning Lab The Learning Pad Thunderbird Adventist Academy Thunderbird Christian Elementary School Torah Day School of Phoenix Tri-City Christian Academy Trinity Christian School (M) Trinity Christian School (P) Trinity Kindergarten Trinity Lutheran School Trinity United Methodist Kindergarten Tucson Baptist Academy Tucson Community School Tucson Hebrew Academy Tucson Waldorf School UNDECIDED Valley Christian High School Valley Lutheran High School Verde Valley Christian School Verde Valley School Veritas Academy of Tucson Veritas Christian Community School Victorious Preschool & Kindergarten Ville de Marie Academy Vision Christian Academy West Valley Christian School 4 Reserved Scholarships from Original Individual Donations $2,219 50 12 10 3 2 7 3 12 85 $141,231 $6,074 $14,805 $7,632 $674 $3,541 $2,869 $4,800 $142,662 53 1 23 $34,112 $926 $26,803 7 17 81 24 308 33 15 3 8 37 9 3 20 6 22 $4,241 $31,652 $160,336 $26,059 $358,964 $86,609 $38,537 $1,267 $32,511 $61,821 $6,368 $662 $29,140 $4,959 $21,948 # 2 Reserved Scholarships from Switcher Donations $1,890 13 5 6 $15,700 $5,658 $7,715 1 $504 # 3 15 51 1 24 $1,500 $5,900 $55,363 $655 $11,616 8 $8,229 5 5 42 13 4 17 12 2 4 2 2 3 11 1 9 $1,604 $8,158 $114,515 $11,498 $2,920 $34,754 $19,737 $520 $16,000 $5,015 $534 $1,001 $10,250 $226 $8,763 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Reserved Scholarships from Low-Income Corporate Donations # 2 3 $400 $16,100 Reserved Scholarships from Disabled-Displaced Donations # 2 $1,500 2 5 $5,500 $2,500 1 $10,546 6 2 $115,200 $30,600 22 $242,288 2 $400 11 4 $6,635 $57,375 3 25 2 115 60 $700 $44,600 $400 $1,548,075 $533,086 1 2 11 2 $500 $1,500 $97,876 $1,000 1 $2,500 1 $11,457 19 5 $8,750 $3,300 19 $25,600 31 $269,950 3 $32,632 Total Reserved Scholarships $4,109 $158,831 $27,832 $28,020 $10,132 $1,178 $118,741 $34,969 $10,700 $440,313 $655 $46,129 $926 $52,213 $57,375 $5,845 $40,510 $319,951 $39,457 $2,007,835 $655,449 $58,274 $15,744 $48,511 $75,586 $10,202 $1,663 $64,990 $5,185 $333,292 Page 45 Private School Wickenburg Christian Academy Wings on Words Xavier College Preparatory Yeshiva High School of Arizona Young Disciples Christian Academy Yuma Catholic High School Yuma Lutheran School 21 5 171 5 Reserved Scholarships from Original Individual Donations $15,660 $2,010 $302,413 $2,500 107 48 9,967 $239,245 $72,168 $15,890,130 # TOTALS # 9 1 63 4 4 77 30 4,292 Reserved Scholarships from Switcher Donations $5,162 $1,500 $65,073 $1,600 $1,839 $111,817 $36,213 $6,312,645 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 24 2 62 Reserved Scholarships from Low-Income Corporate Donations $29,400 $800 $328,764 85 1 6,047 $493,670 $15,300 $32,025,033 Reserved Scholarships from Disabled-Displaced Donations # 4 1 $4,600 $10,000 270 $1,138,422 Total Reserved Scholarships $50,222 $8,910 $706,250 $4,100 $1,839 $844,732 $123,681 $55,366,230 Page 46 APPENDIX 6 SALARIES OF HIGHEST PAID EMPLOYEES BY SCHOOL TUITION ORGANIZATION IN FISCAL YEAR 2015 School Tuition Organization Salary 1 Salary 2 Salary 3 AAA Scholarship Foundation Arizona Adventist Scholarships Arizona Christian School Tuition Organization $57,049 $4,439 $96,000 $51,106 $46,054 $56,719 $40,036 Arizona Community Foundation School Tuition Organization $10,000 $25,000 $15,000 Arizona Education Scholarship Foundation $13,328 Arizona Leadership Foundation $49,538 $49,538 $10,912 Arizona Private Education Scholarship Fund $75,000 $45,000 $45,220 Arizona Scholarship Fund $75,000 $34,960 $10,922 $121,000 $94,025 $67,000 Arizona Tuition Connection $75,000 $1,407 $1,020 Arizona Tuition Organization $61,812 $7,235 Arizona's Catholic Tuition Support Organization $79,739 $41,804 $9,925 Brophy Community Foundation $43,721 $33,164 $8,957 $137,500 $85,464 $55,650 $12,840 $12,014 $44,700 $41,050 $5,000 $4,500 Arizona School Choice Trust Catholic Education Arizona Chabad Tuition Organization $17,000 H.E.L.P. Scholarship Foundation $15,000 Higher Education STO $1,000 Institute for Better Education $96,037 Jewish Tuition Organization $70,000 Montessori Scholarship Organization $4,500 Northern Arizona Christian School Scholarship Fund $7,000 Pappas Kids Schoolhouse Foundation $53,760 Pinetop Tuition Support Organization $3,252 School Choice Arizona $3,364 $48,207 Tuition Organization for Private Schools $60,000 $25,000 White Mountain Tuition Support Foundation $17,481 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 $7,000 $15,351 Page 47 APPENDIX 7 AMOUNT PAID FOR AUDIT OR REVIEW AND NAME OF CPA FOR FISCAL YEAR 2014 BY SCHOOL TUITION ORGANIZATION Cost of Audit or Review School Tuition Organization CPA AAA Scholarship Foundation SGCash LLC $8,500 Sandra Turner CPA PC $1,750 Academic Opportunity of Arizona Alumnus School Tuition Organization Ullmann & Company NA Arizona Adventist Scholarships Ullmann & Company $3,629 Romek, Sanders & Co $8,928 Mayer Hoffman McCann $12,500 Arizona Christian School Tuition Organization Arizona Community Foundation School Tuition Organization Arizona Education First Dorothy Reinert CPA, PLLC NA Arizona Education and Scholarship Opportunity Program Ullmann & Company $1,881 Arizona Education Scholarship Foundation Ullmann & Company $4,596 Regier Carr & Monroe $11,380 C. Wesley Addison $8,401 Johnson Lawdahl, PLLC Rausch, Hermanson, Everroad & Rentschler $3,800 $20,516 Arizona Lutheran Scholarship Organization Bizz Tax & Accounting $2,650 Arizona Private Education Scholarship Fund Monica J. Stern $8,000 Arizona Scholarship Fund Monica J. Stern $7,850 Ullmann & Company $13,421 Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund Arizona Leadership Foundation Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection Romek, Sanders & Co NA Fester & Chapman $4,900 Monica J. Stern $7,000 Addington & Associates $5,000 Arizona's Catholic Tuition Support Organization HBL CPAs $8,750 Best Student Fund Eide Bailly $7,000 Tull Forsberg & Olson $8,465 Eide Bailly $12,600 Seely, Mullins & Associates Rausch, Hermanson, Everroad & Rentschler $1,890 Victor R. Pereboom $1,400 Henry J Fortino $1,000 Scott R. Meyers, CPA inc. $1,765 Eide Bailly $8,200 Khalsa McBrearty Accountancy $7,012 Financial Assistance for Independent Schools Ullmann & Company $7,149 Foundation for Corporate Tax Credit Roberts & Associates $2,980 Funds for Kids Ullmann & Company $3,021 Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Brophy Community Foundation Catholic Education Arizona Chabad Tuition Organization Christ Lutheran School Foundation Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization Corporate Tax Foundation Dynamite Montessori Foundation Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 $9,795 Page 48 School Tuition Organization CPA Cost of Audit or Review H.E.L.P. Scholarship Foundation Monica J. Stern $7,092 Higher Education STO Monica J. Stern $4,000 Eide Bailly $6,000 Romek, Sanders & Co $7,251 HBL CPAs $5,304 Liem & Company $9,000 Life Development Institute Education Fund Ullmann & Company $2,548 Lutheran Education Foundation Ullmann & Company $2,340 Grass Coffey & Scharlau $5,500 Northern Arizona Christian School Scholarship Fund Richard O. Cranmer $5,530 Orme Primavera Schools Foundation Schutte & Hilgendorf $2,900 Pappas Kids Schoolhouse Foundation W. Bridgeman $5,400 Pinetop Tuition Support Organization Michael W. Wilber $3,070 Scholarships for Educational Excellence Foundation Law & Reed CPAs $900 Independent Schools Corporate Tax Foundation Institute for Better Education Jewish Education Tax Credit Organization Jewish Tuition Organization Montessori Scholarship Organization School Choice Arizona Romek, Sanders & Co $5,878 R & A CPAs $3,950 Schools With Heart Foundation Kevin M. Allen $1,250 Shepherd of the Desert Education Foundation Southern Arizona Foundation for Education - SAFE Lutheran Monica J. Stern $4,000 Addington & Associates $4,000 Tuition Organization for Private Schools Romek, Sanders & Co $6,695 Valley Lutheran Scholarship Organization Romek, Sanders & Co $4,540 White Mountain Tuition Support Organization Michael W. Wilber $2,500 Yuma’s Education Scholarship Fund for Kids Romek, Sanders & Co $6,040 School Tuition Association of Yuma Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 49 APPENDIX 8 ORIGINAL INDIVIDUAL DONATIONS AND SCHOLARSHIPS BY SCHOOL TUITION ORGANIZATION FOR FISCAL YEAR 2015 School Tuition Organization Alumnus School Tuition Organization Arizona Adventist Scholarships Arizona Christian School Tuition Organization Arizona Community Foundation School Tuition Organization Arizona Education and Scholarship Opportunity Program Arizona Education First Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund Arizona Lutheran Scholarship Organization Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Best Student Fund Brophy Community Foundation Catholic Education Arizona Chabad Tuition Organization Christ Lutheran School Tuition Organization Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization Dynamite Montessori Foundation 8 637 15,682 Original Donation $ $5,294 $400,221 $12,513,336 0 347 5,834 Original Scholarship $ $0 $361,371 $11,467,249 163 41 47 574 1,176 1,092 86 317 3,266 2,984 1,524 230 768 2,250 257 6,863 248 1,667 12,797 302 276 311 326 788 70 $129,775 $28,215 $42,819 $398,320 $819,859 $868,085 $70,410 $221,003 $2,619,713 $2,552,898 $999,978 $192,692 $567,766 $1,778,741 $176,899 $4,565,368 $200,317 $1,275,112 $8,778,216 $198,583 $196,825 $200,049 $201,917 $612,237 $57,897 9 4 0 199 199 229 16 161 1,186 1,628 188 94 249 837 41 2,250 47 500 5,425 29 77 202 118 305 33 $33,587 $15,050 $0 $316,227 $759,384 $767,550 $44,431 $150,566 $2,340,738 $2,663,669 $532,914 $127,650 $495,953 $1,529,622 $104,941 $4,012,893 $155,829 $1,168,805 $8,876,270 $167,490 $171,794 $224,292 $208,245 $576,587 $66,038 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 0 0 470 Original Reserved Future Scholarships $ $0 $0 $1,279,137 0 0 0 35 0 0 0 72 481 0 0 9 0 383 3 2,228 0 593 0 0 0 0 0 24 11 $0 $0 $0 $28,182 $0 $0 $0 $106,596 $634,078 $0 $0 $16,276 $0 $506,410 $9,300 $3,985,117 $0 $1,052,475 $0 $0 $0 $0 $0 $28,757 $29,811 # Page 50 School Tuition Organization Financial Assistance for Independent Schools Funds For Kids H.E.L.P. Scholarship Foundation Higher Education STO Institute for Better Education Jewish Education Tax Credit Organization Jewish Tuition Organization Life Development Institute Education Foundation Lutheran Education Foundation Montessori Scholarship Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation Pappas Kids Schoolhouse Foundation Pinetop Tuition Support Organization Scholarships for Educational Excellence Foundation School Choice Arizona School Tuition Association of Yuma Schools With Heart Foundation Shepherd of the Desert Education Foundation Southern Arizona Foundation for Education-SAFE Lutheran Tuition Organization for Private Schools Valley Lutheran Scholarship Organization White Mountain Tuition Support Foundation Yuma's Education Scholarship Fund for Kids TOTALS # 382 665 1,211 87 13,346 800 2,337 50 111 433 708 306 521 13 125 1,021 251 395 216 Original Donation $ $250,177 $467,579 $885,998 $67,199 $10,904,251 $612,213 $1,726,558 $40,900 $72,724 $414,805 $491,704 $228,594 $384,502 $11,233 $98,585 $618,569 $195,996 $307,802 $163,737 222 1,725 142 317 796 80,930 $149,352 $1,831,182 $98,780 $216,394 $828,955 $61,740,333 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 56 164 761 49 4,858 79 524 6 29 185 196 54 284 8 65 423 185 49 65 Original Scholarship $ $363,747 $222,348 $1,102,985 $67,730 $8,643,698 $522,264 $1,621,711 $60,000 $64,378 $531,563 $408,188 $226,218 $360,400 $20,737 $97,584 $493,495 $172,023 $282,193 $170,500 7 92 0 0 4,749 56 0 0 0 0 0 0 0 0 11 34 0 0 0 Original Reserved Future Scholarships $ $31,000 $115,918 $0 $0 $6,908,303 $147,293 $0 $0 $0 $0 $0 $0 $0 $0 $24,845 $24,017 $0 $0 $0 48 1,116 70 95 473 30,049 $93,994 $1,516,214 $124,496 $211,486 $766,059 $55,483,157 10 484 0 0 215 9,967 $6,536 $605,201 $0 $0 $350,878 $15,890,129 # # Page 51 APPENDIX 9 ORIGINAL INDIVIDUAL DONATION PROGRAM SCHOLARSHIPS BY INCOME LEVEL FOR FISCAL YEAR 2015 % of Scholarships to Families up to 185% of Poverty Level % of Scholarships to Families from 185% to 342.25% of Poverty Level Remaining % $361,371 $11,467,249 51.7% 22.6% 18.3% 31.3% 30.0% 46.1% $33,587 $15,050 $316,227 $759,384 $767,550 $44,431 94.8% 10.0% 7.3% 59.5% 14.4% 31.7% 5.2% 33.2% 17.0% 16.3% 27.7% 43.3% 0.0% 56.8% 75.7% 24.2% 57.9% 25.0% Arizona Lutheran Scholarship Organization Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection $150,566 $2,340,738 $2,663,669 $532,914 $127,650 $495,953 31.1% 11.6% 41.0% 0.9% 10.5% 13.2% 29.5% 26.6% 23.6% 99.1% 41.4% 21.3% 39.4% 61.8% 35.4% 0.0% 48.1% 65.5% Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Best Student Fund Brophy Community Foundation Catholic Education Arizona $1,529,622 $104,941 $4,012,893 $155,829 $1,168,805 $8,876,270 17.3% 14.7% 45.9% 100.0% 61.9% 24.4% 40.5% 30.9% 30.0% 0.0% 24.4% 48.0% 42.2% 54.4% 24.1% 0.0% 13.7% 27.6% Chabad Tuition Organization Christ Lutheran School Foundation Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization Dynamite Montessori Foundation $167,490 $171,794 $224,292 $208,245 $576,587 $66,038 72.4% 66.8% 67.8% 70.6% 24.0% 37.7% 14.1% 18.1% 30.8% 27.1% 44.4% 11.3% 13.5% 15.1% 1.4% 2.3% 31.6% 51.0% Financial Assistance for Independent Schools Funds For Kids $363,747 $222,348 28.7% 26.2% 38.0% 35.3% 33.3% 38.5% School Tuition Organization Arizona Adventist Scholarships Arizona Christian School Tuition Organization Arizona Community Foundation School Tuition Organization Arizona Education and Scholarship Opportunity Program Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund Total Original Individual Scholarships Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 52 School Tuition Organization Total Original Individual Scholarships % of Scholarships to Families up to 185% of Poverty Level % of Scholarships to Families from 185% to 342.25% of Poverty Level Remaining % H.E.L.P. Scholarship Foundation Higher Education STO Institute for Better Education Jewish Education Tax Credit Organization $1,102,985 $67,730 $8,643,698 $522,264 25.9% 53.0% 39.8% 36.0% 36.6% 33.8% 34.1% 29.6% 37.5% 13.2% 26.1% 34.4% Jewish Tuition Organization Life Development Institute Education Foundation Lutheran Education Foundation Montessori Scholarship Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation Pappas Kids Schoolhouse Foundation $1,621,711 $60,000 $64,378 $531,563 $408,188 $226,218 $360,400 77.2% 62.5% 48.3% 25.6% 52.3% 61.7% 98.2% 18.1% 0.0% 47.6% 74.3% 31.1% 16.7% 1.8% 4.7% 37.5% 4.1% 0.1% 16.6% 21.6% 0.0% Pinetop Tuition Support Organization Scholarships for Educational Excellence Foundation School Choice Arizona School Tuition Association of Yuma Schools With Heart Foundation Shepherd of the Desert Education Foundation $20,737 $97,584 $493,495 $172,023 $282,193 $170,500 37.5% 35.7% 46.2% 21.2% 16.1% 37.9% 62.5% 7.9% 34.5% 28.2% 43.8% 44.2% 0.0% 56.4% 19.3% 50.6% 40.1% 17.9% $93,994 $1,516,214 $124,496 $211,486 $766,059 $55,483,157 40.9% 22.2% 96.0% 27.2% 17.3% 32.7% 53.8% 33.5% 4.0% 33.9% 32.6% 34.0% 5.3% 44.3% 0.0% 38.9% 50.1% 33.3% Southern Arizona Foundation for Education-SAFE Lutheran Tuition Organization for Private Schools Valley Lutheran Scholarship Organization White Mountain Tuition Support Foundation Yuma's Education Scholarship Fund for Kids TOTALS Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 53 APPENDIX 10 NUMBER OF SCHOOLS AND AVERAGE SCHOLARSHIP FROM ORIGINAL INDIVIDUAL DONATIONS BY SCHOOL TUITION ORGANIZATION FOR FISCAL YEAR 2015 School Tuition Organization # of Schools to which Scholarships Were Paid Avg. Scholarship Amount Arizona Adventist Scholarships Arizona Christian School Tuition Organization 11 123 $1,041 $1,966 Arizona Community Foundation School Tuition Organization Arizona Education and Scholarship Opportunity Program Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund 3 3 37 4 3 5 $3,732 $3,763 $1,589 $3,835 $3,352 $2,777 Arizona Lutheran Scholarship Organization Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection 7 104 132 57 10 47 $935 $1,974 $1,639 $2,835 $1,358 $1,992 Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Best Student Fund Brophy Community Foundation Catholic Education Arizona 9 2 25 2 21 37 $1,828 $2,560 $1,784 $3,316 $2,338 $1,636 Chabad Tuition Organization Christ Lutheran School Foundation Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization Dynamite Montessori Foundation 4 3 2 9 15 3 $5,776 $2,231 $1,110 $1,765 $1,890 $2,001 Financial Assistance for Independent Schools Funds for Kids HELP Scholarship Foundation Higher Education STO Institute for Better Education Jewish Education Tax Credit Organization 3 30 13 7 181 1 $6,495 $1,356 $1,449 $1,382 $1,776 $6,611 Jewish Tuition Organization Life Development Institute Education Fund Lutheran Education Foundation Montessori Scholarship Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation 7 1 7 10 5 2 $3,095 $10,000 $2,146 $2,873 $2,083 $4,189 Pappas Kids Schoolhouse Foundation 28 $1,269 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 54 School Tuition Organization # of Schools to which Scholarships Were Paid Avg. Scholarship Amount Pinetop Tuition Support Organization Scholarships for Educational Excellence Foundation School Choice Arizona School Tuition Association of Yuma Schools With Heart Foundation Shepherd of the Desert Education Foundation 1 3 49 8 3 2 $2,592 $1,501 $1,167 $930 $5,759 $2,623 Southern Arizona Foundation for Education-SAFE Lutheran Tuition Organization for Private Schools Valley Lutheran Scholarship Organization White Mountain Tuition Support Foundation Yuma's Education Scholarship Fund for Kids 3 98 2 3 14 $1,958 $1,359 $1,779 $2,226 $1,620 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 55 APPENDIX 11 NUMBER, AMOUNT OF SCHOLARSHIPS & OVERALL AVERAGE SCHOLARSHIP RECEIVED BY PRIVATE SCHOOLS FROM EACH TYPE OF TAX CREDIT DONATIONS IN FY2015 Private School 2nd Street Children's School 91st Psalm Christian School Abbie Loveland Tuller ACCEL (Latch School) Ace Academy Adobe Adventist Christian School Agape Youth Ranch Academy Ahwatukee Foothills Montessori Ajo Calvary Christian Academy Aldea Montessori Aleph Bet Kindergarten Al-Huda School All Saints' Episcopal Day School Ambassador Christian Academy American Indian Christian School Americian Family Education Angels in Autism (AZ Behavior & Autism) Annunciation Catholic School Apache Baptist Academy Apostolic Faith Center Christian Arcadia Montessori Arizona Cultural Academy Arizona International Academy Arizona Lutheran Academy Arrowhead Christian Academy Arrowhead Montessori School ASCEND Ascension Lutheran School 8 69 13 3 18 7 1 9 7 12 7 19 167 38 21 2 1 82 14 Original Individual Scholarships $30,517 $61,173 $22,827 $31,185 $8,272 $13,867 $4,794 $49,847 $4,182 $49,200 $53,564 $46,329 $412,429 $88,404 $72,456 $1,810 $4,000 $205,812 $13,997 67 11 238 148 6 1 10 $246,396 $17,703 $502,184 $171,957 $17,954 $5,000 $10,349 # 8 41 14 1 7 4 Switcher Scholarships $12,172 $20,353 $15,245 $20,035 $1,310 $5,700 9 2 # Low-Income Corporate Scholarships # 49 29 2 12 $163,535 $37,000 $11,300 $6,050 $30,234 $1,489 1 $50 10 8 87 10 12 2 1 53 10 $94,436 $27,000 $189,515 $35,059 $24,438 $565 $7,000 $112,642 $4,293 6 $21,000 133 2 $654,975 $7,000 1 30 6 16 $250 $5,535 $3,717 $43,200 8 63 12 107 78 10 $35,369 $186,797 $14,400 $129,269 $57,014 $5,592 77 $265,167 132 56 1 $29,778 $74,000 $80 2 $357 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Disabled Displaced Scholarships # 4 39 2 $12,718 $40,009 $42,780 1 $100 2 $19,705 1 3 2 1 $3,973 $3,640 $922 $4,270 Avg. Scholarship $2,668 $1,581 $1,211 $13,163 $422 $1,779 $4,794 $4,217 $630 $4,100 $7,348 $2,716 $3,248 $2,560 $2,936 $594 $6,191 $1,964 $734 $2,700 $4,421 $3,374 $1,396 $1,392 $1,076 $1,292 $4,635 $892 Page 56 Private School Atonement Lutheran School Autism Academy for Education & Development Awakening Seed School AZ Aspire Academy AZ Assist Academy Banner Children's Academy Bayer Private School Beautiful Savior Academy Bella Vista College Preparatory School Bethany Christian School Beyond Autism Big Dreams Preschool & Kindergarten Black Mountain Science Academy Blessed Sacrament Kindergarten Bourgade Catholic High School Breakthrough Academy Brightmont Academy Brophy College Preparatory Brophy Loyola Academy Calvary Baptist School Calvary Chapel Christian School Calvary Christian Academy Calvary Shadows Assembly of God Camelback Christian School Camelback Desert School Camp Verde United Christian School Carden Christian Academy Central Casa del Nino Bilingual Montessori School Casa Ninos School of Montessori Casas Christian School Castlehill Country Day School Cave Creek Montessori 77 3 16 Original Individual Scholarships $151,250 $7,681 $78,688 3 1 13 16 6 207 $1,892 $3,180 $22,625 $19,115 $27,505 $427,707 1 5 5 427 3 2 462 $2,177 $16,737 $70,030 $719,698 $12,470 $6,580 $1,648,710 19 159 108 5 11 5 98 40 10 2 199 36 $12,994 $280,863 $267,132 $3,942 $15,454 $6,319 $190,189 $32,587 $9,944 $3,757 $447,350 $83,751 # # 30 3 15 Switcher Scholarships $54,217 $9,373 $53,392 11 15 1 138 $21,075 $3,131 $2,500 $235,048 1 4 5 300 4 $1,571 $9,895 $6,434 $439,923 $10,036 108 69 12 105 64 3 10 4 61 23 7 2 139 19 15 $206,685 $614,100 $4,457 $131,444 $112,250 $1,164 $12,331 $12,376 $55,013 $9,512 $8,819 $3,742 $199,168 $49,342 $92,282 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 7 2 1 Low-Income Corporate Scholarships $6,746 $6,250 $900 Disabled Displaced Scholarships # 46 2 $411,245 $2,206 1 1 $3,859 $837 2 1 2 $7,300 $1,883 $42,780 16 3 1 2 $73,685 $455 $3,849 $4,123 4 $2,625 1 $3,525 1 $1,805 10 48 $79,400 $82,963 3 443 $15 $912,524 157 69 27 49 14 1 $844,947 $345,000 $17,700 $51,650 $27,280 $3,550 1 47 17 $1,850 $26,183 $14,450 1 1 2 $3,500 $1,000 $1,000 107 1 $117,747 $250 8 1 $16,565 $500 Avg. Scholarship $1,862 $8,237 $4,015 $900 $1,438 $2,009 $1,820 $718 $6,142 $1,897 $21,390 $1,874 $2,959 $5,883 $1,809 $2,296 $3,476 $3,710 $6,950 $606 $1,472 $2,186 $1,218 $1,323 $2,186 $1,316 $702 $1,104 $1,875 $1,724 $2,348 $6,152 Page 57 Private School Cedar Tree Montessori Chandler Christian Academy Chandler Christian School Chaparral Christian Preschool & Kindergarten Chapel Haven West Cheder Lubavitch Christ Church School Christ Lutheran School Christ the King Academy Christ the King Catholic School Christian Academy of Prescott Christ's Greenfield Lutheran School Chrysalis Academy Clear View Academy Community Montessori Congregation Anshei Israel Preschool & Kindergarten Copper Canyon Christian School Cornerstone Christian Academy/Pusch Ridge Cornerstone Kidz Covenant Child Care Center Creative Castle Preschool & Kindergarten Creo School Cross of Glory Lutheran Elementary School Cross Roads Preschool & Kindergarten Crossroads Community School (Hope Christian Academy) Dayspring Kindergarten Desert Christian Schools Desert Garden Montessori Desert Jewish Academy Desert Shadows Montessori Desert Sky Montessori # Original Individual Scholarships Switcher Scholarships # 104 $261,303 75 $128,160 7 1 4 18 295 8 180 196 206 4 35 7 $12,636 $4,283 $54,000 $47,306 $515,502 $7,657 $252,783 $225,037 $458,321 $15,812 $26,895 $27,197 6 1 $6,929 $1,912 10 179 7 96 161 136 4 25 $20,673 $293,645 $6,090 $84,213 $108,371 $162,215 $25,091 $14,879 8 $35,790 327 8 1 10 7 47 55 18 154 73 20 3 1 12 750 6 1 11 6 43 1 $15,056 $1,779,261 $5,712 $2,054 $22,528 $8,695 $55,030 $2,250 93 19 303 104 34 3 $215,345 $72,462 $762,167 $162,195 $102,883 $5,150 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 1 1 31 Low-Income Corporate Scholarships $4,390 $5 $63,894 Disabled Displaced Scholarships # 1 $3,515 1 $750 1 $500 2 17 $7,760 $15,117 2 $21,223 1 1 22 $3,500 $2,800 $20,383 101 102 6 $78,046 $58,733 $4,900 5 $6,546 $673,590 $4,563 $2,042 $15,856 $21,953 $54,052 114 1 $186,318 $1,500 3 $8,345 9 $12,378 2 $7,443 $117,526 $26,268 $260,012 $112,397 $51,603 $7,150 $5,321 4 3 169 4 11 2 1 $5,098 $4,895 $332,239 $14,000 $11,860 $3,050 $5,000 1 $500 20 5 $66,825 $15,981 1 $6,550 Avg. Scholarship $4,390 $2,164 $2,107 $1,505 $2,315 $11,500 $2,441 $1,670 $916 $1,116 $856 $1,797 $6,213 $743 $3,885 $4,474 $1,255 $2,217 $785 $2,048 $1,828 $2,358 $1,276 $2,250 Page 58 $2,212 $2,591 $2,200 $1,637 $2,559 $1,919 $5,624 Private School Desert Sun Child Development Center Desert Valley Christian School Desert View Learning Center Desert Voices Oral Learning Center Dobson Montessori School Dynamite Montessori School East Fork Lutheran School East Valley Adventist Education Program East Valley Jewish Day School El Dorado Private School Emmanuel Christian Academy Emmanuel Lutheran School Emmaus Lutheran School Esther B Feldman Kindergarten Faith Christian Academy Faith Christian School Faith Community Academy Faith Lutheran School Family Life Academy Family of Christ Learning Center First Baptist Christian Academy First Southern Christian School Flagstaff Community Christian School Florence Baptist Academy Foundation for Blind Children Fourteen Six Christian Academy Freedom Christian Academy Gary K. Herberger Young Scholar's Academy Gateway Academy Gateway Baptist Academy Gethsemane Lutheran School Gilbert Christian Schools # 20 24 26 5 68 30 100 21 85 130 58 1 19 96 85 70 122 17 93 70 140 6 8 6 69 42 2 43 141 551 Original Individual Scholarships $52,022 $20,509 $112,155 $40,775 $101,321 $63,288 $37,629 $33,575 $66,746 $153,106 $67,380 $972 $24,628 $140,425 $119,495 $103,640 $160,167 $27,034 $125,510 $113,477 $220,366 $4,632 $88,121 $2,176 $63,787 $75,433 $8,834 $41,533 $198,499 $1,304,137 # 19 9 15 4 33 20 19 Switcher Scholarships $23,601 $6,176 $74,250 $31,707 $44,351 $41,752 $24,148 10 82 58 19 $23,688 $49,517 $16,911 $21,435 5 50 59 51 38 18 69 34 107 2 7 38 25 1 19 71 297 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 1 2 1 Low-Income Corporate Scholarships $1,850 $7,196 $1,500 5 $18,100 1 $1,000 # 1 Disabled Displaced Scholarships $5 3 1 $300 $4,728 1 $500 1 $200 # 35 5 2 $33,130 $13,000 $1,000 $5,650 $51,367 $36,400 $28,333 $25,485 $16,003 $43,960 $21,648 $85,460 $1,200 $93,446 7 7 40 9 31 $6,890 $8,603 $34,244 $3,200 $52,400 10 9 2 2 $32,801 $3,625 $1,000 $750 1 20 84 $500 $8,710 $130,106 5 $8,688 9 $222,256 $36,884 $32,918 $1,325 $11,880 $94,187 $646,912 68 5 1 15 3 68 2 $40,000 3 $4,800 1 13 $500 $17,090 $137,070 $17,000 $250 $13,849 $2,200 $158,662 Avg. Scholarship $1,890 $968 $4,474 $8,054 $1,505 $2,152 $519 $1,000 $500 $1,847 $737 $948 $1,137 $972 $1,199 $1,431 $1,004 $1,032 $1,237 $1,230 $1,043 $1,160 $1,323 $729 $16,826 $363 $1,569 $1,741 $2,173 $874 $1,368 $2,289 Page 59 Private School Glendale Christian Academy Glenview Adventist Academy Good Earth Montessori Gospel Outreach Christian School Grace Christian Academy Grace Community Christian School Grace Fellowship Academy Grace Lutheran School GracePointe Christian Academy (Chapel in the Hills) Green Fields Country Day School Guiding Light Christian Educational Center (GLCP) Hand in Hand Christian School Harvest Kidz School Heritage Montesori Holbrook Adventist Indian School Holy Cross Evangelical Lutheran School Holy Trinity Academy Hopi Mission School Imago Dei Middle School Immaculate Conception School Immaculate Heart Academy Immaculate Heart High School Immaculate Heart Preparatory School (K-8) Inspire International Preschool Inspire Kids Montessori Intermountain Academy International School for Peace International School of Arizona International School of Tucson Ironwood Hill School Joanne Todd Christian School Joy Christian School 67 58 2 4 4 158 60 134 24 100 9 8 3 15 37 15 6 36 87 116 143 42 Original Individual Scholarships $65,099 $54,007 $500 $953 $5,861 $326,935 $85,538 $107,642 $27,277 $240,573 $13,034 $9,405 $5,606 $52,637 $14,675 $11,353 $17,197 $144,385 $398,004 $116,232 $193,027 $116,828 7 8 1 18 41 $15,787 $16,500 $2,795 $21,260 $101,859 26 427 $59,916 $656,605 # 43 13 Low-Income Corporate Scholarships $94,140 $43,700 4 41 3 18 123 12 11 $11,064 $67,495 $320 $11,468 $300,809 $10,798 $6,370 36 80 190 76 23 1 1 $11,177 $7,500 19 32 18 206 28 38 1 1 5 62 43 58 20 75 16 6 2 2 7 Switcher Scholarships $18,746 $11,850 $990 $26 $2,830 $122,008 $41,602 $34,843 $10,503 $131,448 $8,446 $2,734 $616 $6,700 $2,800 3 53 38 69 53 11 $1,193 $59,132 $159,958 $41,792 $74,534 $35,842 7 5 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # Disabled Displaced Scholarships # 1 $3,828 2 $750 $12,780 $209,150 $189,794 $121,530 $62,905 $3,500 $2,700 1 1 2 $2,271 $500 $750 16 $48,200 12 $236,460 $64,648 $57,108 3 53 $13,350 $120,320 4 1 $2,500 $3,525 $24,612 $254,878 2 178 $600 $484,278 16 $49,341 Avg. Scholarship $1,290 $1,005 $497 $196 $966 $2,061 $1,352 $732 $794 $2,245 $872 $740 $1,244 $3,490 $397 $757 $2,043 $1,730 $3,742 $931 $1,427 $2,773 $3,500 $2,700 $1,926 $7,528 $2,795 $2,481 $2,168 $3,525 $1,851 $1,747 Page 60 Private School Joyful Beginnings Academy KASL Academy for Deaf and Hard of Hearing Kimber Academy Kino Learning Center La Paz Montessori Lamb's Gate Christian School Lauren's Institute for Education School (LIFE) Learning Unlimited Lexington Life Academy Lexis Preparatory School Life Christian Academy Life Development Institute Logos Christian Academy Loretto Catholic School Lourdes Catholic School Magical Journey Learning Center Maranatha Christian Academy Maricopa Village Christian School Mesa Christian Academy Mesa Montessori Mis Manos Montesorri School Montessori Center School Montessori Educare Academy Montessori in the Park Montessori International School Montessori Kingdom of Learning Montessori Learning Center Montessori Matters Montessori of Surprise Montessori Preparatory Academy Montessori West Preparatory Most Holy Trinity Catholic School # 18 Original Individual Scholarships $33,628 13 50 1 15 24 $9,582 $54,011 $540 $24,431 $42,259 24 17 6 20 78 90 14 1 5 19 2 1 21 2 86 24 16 4 10 2 6 $99,890 $27,304 $60,000 $32,671 $116,155 $99,854 $37,703 $50 $6,000 $14,695 $8,816 $3,216 $99,582 $5,178 $156,426 $57,323 $77,715 $4,200 $29,095 $4,075 $13,199 122 $162,183 9 1 7 57 1 8 24 Switcher Scholarships $7,483 $3,700 $4,877 $48,021 $535 $6,976 $19,811 19 13 2 13 37 24 14 $62,980 $11,219 $15,000 $12,369 $59,588 $37,163 $31,494 2 14 2 $2,600 $6,325 $4,704 1 $100 # 18 $42,121 4 $4,890 4 $8,107 1 62 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 $8,150 $53,744 # 1 Low-Income Corporate Scholarships $900 Disabled Displaced Scholarships # 1 $18,000 51 $78,200 22 $17,975 4 4 1 $1,800 $21,300 $4,000 5 $12,505 8 74 1 1 13 $2,405 $754,867 $6,000 $7,800 $49,139 36 160 66 $113,646 $581,092 $99,872 3 1 $5,300 $80 1 4 $5 $21,999 1 $250 38 173 $183,973 $351,921 Avg. Scholarship $1,500 $10,850 $723 $1,101 $538 $1,017 $6,653 $5,000 $7,800 $3,681 $1,284 $9,375 $2,300 $2,752 $1,316 $2,471 $50 $1,229 $731 $2,720 $3,216 $4,742 $1,759 $1,798 $3,636 $4,857 $1,136 $2,910 $2,030 $1,921 $8,150 $1,591 Page 61 Private School Mount Calvary Lutheran School Mountain Christian School Navajo Evangelical Lutheran Mission School Neurologic Music Therapy Services of Arizona New Covenant Lutheran Preschool & Kindergarten New Vistas Center for Education New Way Learning Academy Noah's Ark Preschool & Kindergarten Noor Academy of Arizona North Phoenix Baptist Kindergarten North Valley Christian Academy (Cross of Christ) Northland Christian School Northminster Christian School Northwest Christian School Northwest Christian School Notre Dame Preparatory Oak Creek Ranch School On-Track Academy Our Lady of Mt. Carmel School Our Lady of Perpetual Help Catholic School (G) Our Lady of Perpetual Help Catholic School (S) Our Lady of Sorrows Academy Our Lady of the Lake Our Lady of the Mountains (All Saints) Our Mother of Sorrows Catholic School Our Savior's Lutheran School Our Saviour Lutheran School Page Christian School Palm Valley Montessori Palms Christian School Paradise for Tots Christian Kindergarten Paradise Valley Christian Preparatory 19 95 51 2 15 62 72 7 57 13 78 22 37 1,101 Original Individual Scholarships $26,700 $161,820 $128,434 $17,245 $26,470 $215,313 $298,601 $12,345 $145,307 $17,403 $136,023 $20,128 $51,940 $1,912,319 404 1 28 297 252 266 8 11 57 254 $954,960 $2,908 $121,748 $426,506 $260,874 $383,288 $13,100 $51,190 $176,815 $261,737 11 10 25 26 1 261 $11,662 $7,708 $34,086 $19,254 $2,508 $518,450 # 23 58 26 1 16 23 57 6 27 14 36 15 20 531 Switcher Scholarships $12,753 $53,520 $41,327 $9,562 $15,374 $40,808 $240,760 $3,142 $91,683 $10,415 $59,780 $6,199 $17,835 $769,228 195 1 17 160 185 112 2 9 25 92 10 5 5 8 21 2 156 $411,713 $1,533 $63,132 $174,919 $117,297 $165,802 $2,533 $15,015 $73,860 $59,565 $8,223 $3,003 $1,806 $8,844 $9,398 $2,739 $211,119 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 3 12 Low-Income Corporate Scholarships $15,000 $34,902 Disabled Displaced Scholarships # 2 $3,928 1 $21,557 78 $310,117 1 40 $3,500 $161,850 13 $45,500 7 11 11 135 $6,300 $16,500 $5,600 $362,629 9 $32,642 108 $198,770 1 $750 9 153 300 100 36 10 39 230 $28,600 $77,924 $279,303 $27,590 $56,775 $3,900 $75,120 $317,097 40 1 4 1 $196,534 $750 $10,424 $1,914 7 $5,700 1 $1,900 1 $2,250 40 $41,675 5 $17,947 Avg. Scholarship $1,210 $1,522 $2,205 $12,091 $1,350 $3,019 $4,094 $1,191 $2,912 $1,030 $1,670 $892 $1,108 $1,732 Page 62 $2,212 $2,220 $4,362 $1,113 $901 $1,208 $1,574 $2,337 $2,693 $1,105 $822 $917 $634 $1,301 $669 $1,749 $1,708 Private School Pardes Jewish Day School Parkway Children's School of Excellence Pathways School Payson Community Christian School Peridot Lutheran Elementary Phoenix Christian Preparatory Schools Phoenix Christian School K-8 Phoenix Country Day School Phoenix Hebrew Academy Pieceful Solutions Pilgrim Lutheran School Pleasantview Christian Elementary Prescott Adventist Christian School Primavera School Quality Interactive Montessori Queen of Peace Catholic School Rancho Solano Schools Red Mountain Montessori Academy Red Sands Christian School Redeemer Christian School Redeemer Lutheran School Resurrection Lutheran Child Development Center River of Life Christian School Running River School S A R R C Community School Sacred Heart Catholic School Sacred Heart School Saguaro Hills Adventist Christian School Salpointe Catholic High School San Francisco de Asis Catholic School San Miguel High School San Xavier Mission School # 163 6 3 106 37 322 93 197 153 15 33 2 12 53 24 174 63 2 14 65 108 15 32 1 8 104 117 36 810 167 246 92 Original Individual Scholarships $626,112 $10,485 $12,215 $170,696 $17,854 $386,976 $162,327 $453,532 $456,936 $42,486 $36,505 $1,976 $9,152 $133,985 $63,757 $196,471 $122,412 $5,065 $4,519 $90,047 $200,723 $71,352 $25,689 $3,560 $36,418 $97,701 $378,205 $17,545 $1,854,374 $277,800 $311,806 $244,741 85 5 2 48 Switcher Scholarships $273,736 $4,815 $6,984 $35,881 161 54 122 86 7 21 1 6 20 19 92 30 2 14 36 69 13 13 $142,895 $79,404 $314,374 $282,507 $7,860 $20,921 $948 $4,350 $48,371 $51,060 $65,272 $80,361 $6,635 $2,354 $40,472 $85,451 $740 $3,556 4 46 83 18 304 64 111 27 $14,330 $44,780 $159,531 $1,800 $636,224 $138,865 $184,080 $104,318 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 39 Low-Income Corporate Scholarships $21,610 19 7 346 4 158 56 $26,922 $11,814 $949,345 $11,900 $812,685 $9,130 13 $42,945 6 6 144 $32,155 $5,060 $158,030 60 17 57 # Disabled Displaced Scholarships # 1 $3,525 18 4 $71,394 $12,461 1 13 $500 $201,957 $52,605 $14,115 $31,600 1 $2,500 37 $71,400 7 $3,500 3 $12,060 86 78 4 504 67 400 100 $111,260 $24,890 $18,750 $1,345,035 $39,866 $1,152,328 $250,350 1 11 $3,458 $13,357 Avg. Scholarship $3,211 $1,391 $3,787 $1,350 $674 $1,831 $1,717 $3,314 $2,531 $7,209 $1,063 $2,867 $750 $2,715 $2,446 $1,024 $2,180 $2,925 $676 $1,226 $1,363 $2,575 $1,170 $3,560 $4,187 $1,075 $2,024 $704 $2,363 $1,532 $2,177 $2,737 Page 63 Private School Santa Cruz Catholic School Satori Scottsdale Christian Academy Scottsdale United Methodist Co-Op Seton Catholic High School Shalom Montessori School Shearim Torah High School Sheila's Christian Academy "Minds in Motion" Shepherd of the Desert Lutheran School Sierra Academy of Scottsdale Sonshine Christian School Southwestern Christian School Spirit of Hope Montessori Ss. Peter and Paul Catholic School Ss. Simon and Jude School St. Agnes Catholic School St. Ambrose School St. Andrew's Kindergarten St. Anthony Catholic School St. Anthony of Padua Catholic School St. Augustine Catholic High School St. Catherine of Sienna Catholic School St. Charles Apache School St. Cyril Catholic School St. Dominic Savio Academy St. Elizabeth Ann Seton Catholic School St. Francis of Assisi School St. Francis Xavier Elementary School St. Gregory Catholic School St. Jerome K-8 School St. John Bosco Catholic School St. John the Evangelist School # 87 23 577 1 466 8 46 4 150 3 10 127 14 207 419 197 94 37 92 103 163 201 108 183 3 261 181 306 238 250 235 96 Original Individual Scholarships $190,019 $71,562 $1,203,441 $320 $1,131,718 $29,752 $144,469 $6,062 $313,752 $15,927 $6,578 $188,056 $29,189 $292,009 $481,124 $310,540 $170,999 $59,714 $209,730 $220,433 $228,492 $228,423 $282,990 $287,018 $33,520 $319,933 $138,429 $428,087 $213,881 $232,743 $411,399 $233,904 67 18 329 1 173 3 25 5 104 2 4 67 Switcher Scholarships $61,509 $30,554 $615,849 $1,960 $345,300 $5,325 $43,978 $3,842 $149,075 $7,428 $1,892 $52,200 87 271 116 76 37 51 52 75 147 46 85 1 97 63 174 170 155 103 36 $96,742 $194,342 $67,354 $67,315 $30,395 $93,957 $75,454 $100,757 $83,250 $135,755 $143,998 $6,285 $116,852 $61,142 $214,501 $133,676 $98,277 $176,743 $65,789 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 254 1 159 Low-Income Corporate Scholarships $837,603 $250 $574,620 142 1 34 $161,835 $170 $44,370 5 $10,000 6 1 1 Disabled Displaced Scholarships $23,407 $5 $100 2 $4,349 1 $5 3 $7,178 # 3 96 $900 $82,341 157 310 198 302 5 115 68 197 229 57 80 $237,801 $336,287 $191,504 $948,337 $2,700 $137,535 $133,298 $428,533 $169,202 $111,000 $114,605 5 18 $8,143 $24,136 9 1 $6,600 $250 6 2 $14,859 $7,779 1 $750 145 205 240 231 233 94 275 $221,077 $248,188 $349,756 $396,379 $199,383 $83,911 $1,075,626 5 1 1 1 $15,091 $500 $5,851 $3,524 8 $1,600 Avg. Scholarship $2,687 $2,381 $2,246 $1,140 $2,099 $2,937 $2,217 $1,100 $1,826 $3,893 $551 $1,126 $2,085 $1,392 $1,018 $1,114 $2,481 $1,163 $1,710 $1,925 $1,752 $844 $2,511 $1,566 $9,951 $1,325 $996 $1,384 $1,168 $831 $1,556 $3,318 Page 64 Private School St. John Vianney Catholic School St. John XXIII Catholic School St. Joseph Catholic School St. Joseph's Catholic Montessori School St. Louis the King Catholic School St. Maria Goretti School St. Mark's Early Childhood Center St. Mark's Preschool & Kindergarten St. Mary Basha Catholic Elementary School St. Mary's High School St. Matthew School St. Michael Indian School St. Michael's Parish Day School St. Peter Mission School St. Peter's Montessori St. Theresa Elementary School St. Thomas Aquinas School St. Thomas the Apostle Catholic Pre-School & Kindergarten St. Thomas the Apostle Catholic School St. Timothy Catholic Academy St. Timothy Catholic School St. Vincent de Paul School Summit School of Ahwatukee Sun Valley Indian School Sun Valley Learning Center Sunrise Montessori School Tanque Verde Lutheran Preschool/Kindergarten Tempe Montessori Tesseract School The Beginning School The Family School # 268 175 110 96 238 10 6 10 322 675 255 227 180 202 13 203 284 Original Individual Scholarships $287,587 $350,588 $141,766 $268,298 $236,454 $63,180 $5,796 $30,041 $459,903 $959,131 $335,864 $242,031 $584,423 $173,117 $35,349 $328,503 $388,112 # 198 75 59 68 177 17 10 9 171 462 136 145 78 112 13 89 121 Switcher Scholarships $93,517 $175,012 $51,671 $116,655 $97,530 $41,615 $12,535 $9,788 $205,030 $667,097 $143,315 $98,898 $248,762 $71,542 $54,549 $163,318 $178,288 4 224 $13,966 $364,763 2 96 $1,896 $149,887 165 417 126 8 5 15 14 14 96 6 12 $224,056 $307,017 $345,389 $6,538 $1,988 $37,931 $38,161 $17,510 $437,640 $15,108 $104,188 84 218 61 1 11 6 10 11 50 6 7 $152,090 $71,735 $175,547 $3,257 $3,444 $17,480 $10,317 $12,823 $165,662 $1,202 $72,982 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 315 39 133 71 336 4 1 Low-Income Corporate Scholarships $366,483 $6,635 $280,548 $65,058 $438,084 $3,486 $250 168 706 300 142 12 190 2 90 118 $119,439 $1,849,541 $352,555 $35,545 $35,135 $204,764 $8,015 $33,041 $65,995 1 88 27 65 350 9 2 9 3 $5,400 $37,925 $21,400 $8,450 $222,597 $3,105 $6,300 $38,750 $1,360 7 17 $20,500 $94,100 12 Disabled Displaced Scholarships $37,082 6 $4,200 2 $3,520 3 $3,701 2 $3,529 1 $5 2 $600 2 2 $2,000 $1,500 3 $7,318 # Avg. Scholarship $989 $1,842 $1,553 $1,915 $1,030 $3,493 $1,093 $2,096 $1,187 $1,885 $1,204 $732 $3,205 $892 $3,497 $1,370 $1,209 Page 65 $3,037 $1,349 $793 $1,225 $611 $2,654 $1,463 $1,767 $2,365 $2,020 $1,589 $4,245 $1,359 $9,325 Private School The French American School of Arizona The Goddard School The Gregory School/St. Gregory College Preparatory The IDEA School The Jones-Gordon School The Learning Lab The Learning Pad The Orme School The Scottsdale School Thunderbird Adventist Academy Thunderbird Christian Elementary School Torah Day School of Phoenix Tri-City Christian Academy Trinity Christian School (M) Trinity Christian School (P) Trinity Lutheran School Trinity United Methodist Kindergarten Truthful Beginnings Tucson Baptist Academy Tucson Community School Tucson Hebrew Academy Tucson Waldorf School Valley Baptist School Valley Christian High School Valley Lutheran High School Verde Valley Adventist School Verde Valley Christian School Verde Valley School Veritas Academy of Tucson Veritas Christian Community School Victorious Preschool & Kindergarten Ville de Marie Academy 9 6 108 15 1 3 6 13 Original Individual Scholarships $29,389 $11,231 $420,601 $11,637 $1,890 $5,160 $5,534 $106,093 107 67 222 245 18 353 145 10 3 96 9 108 64 29 384 193 3 117 19 85 128 2 59 $189,297 $68,224 $294,875 $390,759 $24,715 $405,486 $251,320 $15,951 $3,679 $61,223 $36,730 $558,603 $140,115 $4,713 $1,096,760 $319,600 $5,700 $219,576 $74,720 $119,210 $230,420 $575 $96,279 # # 5 6 50 13 Switcher Scholarships $9,115 $9,711 $237,384 $2,274 Low-Income Corporate Scholarships # 89 # $399,695 2 $865 2 9 $700 $6,775 14 4 2 $20,072 $1,750 $2,221 1 $3,500 304 124 1 167 11 $357,730 $123,841 $195 $145,510 $8,584 4 3 $10,056 $10,545 28 1 38 92 $40,500 $3,500 $75,500 $271,817 5 $11,563 116 20 $552,223 $21,585 2 1 $2,000 $500 $54,011 $6,000 $66,400 $12,937 1 $100 $31,800 2 4 8 1 16 38 257 131 8 225 81 7 $900 $4,542 $51,621 $950 $33,404 $6,378 $511,633 $123,010 $10,487 $162,997 $94,632 $4,717 68 7 86 53 4 195 122 $20,141 $6,476 $318,943 $88,889 $1,747 $416,089 $136,735 85 $123,009 64 92 $57,995 $108,658 66 2 39 7 41 $75,142 30 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Disabled Displaced Scholarships Avg. Scholarship $2,750 $1,745 $4,251 $497 $1,464 $774 $908 $7,510 $950 $1,824 $710 $1,492 $1,289 $1,311 $958 $1,496 $1,216 $1,226 $635 $2,747 $4,108 $2,394 $196 $2,966 $1,424 $1,900 $1,475 $3,844 $1,296 $1,551 $288 $1,563 Page 66 Private School Vision Christian Academy West Valley Christian School White Mountain Christian School White Mountain Montessori School Wickenburg Christian Academy Wings on Words Woodbridge Private School Word International Christian School Word of Life Christian School Xavier College Preparatory Yeshiva High School Yeshiva High School of Arizona Young Disciples Christian Academy Yuma Adventist School Yuma Catholic High School Yuma Lutheran School 28 81 2 8 128 3 1 1 9 715 Original Individual Scholarships $29,387 $136,031 $1,356 $20,737 $163,800 $8,783 $1,381 $300 $4,076 $1,659,257 30 14 28 208 221 30,054 $110,345 $5,405 $17,879 $394,910 $301,886 $55,483,158 # TOTALS 13 40 Switcher Scholarships $5,215 $61,483 1 72 3 1 2 4 302 $2,000 $62,813 $6,251 $2,502 $1,430 $1,926 $639,971 16 7 3 110 141 16,501 $34,870 $1,089 $3,924 $126,413 $144,247 $24,667,347 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 12 36 Low-Income Corporate Scholarships $5,000 $122,878 48 3 $87,840 $3,975 293 2 15 1 $721,735 $5,000 $10,943 $3,000 318 175 16,586 $1,053,515 $179,102 $31,355,395 # Disabled Displaced Scholarships # 5 $17,367 9 $11,142 3 $7,211 3 810 $1,500 $3,592,866 Avg. Scholarship $747 $2,085 $678 $2,526 $1,268 $1,675 $1,941 $577 $462 $2,306 $2,500 $2,560 $432 $703 $2,476 $1,161 $1,800 Page 67 APPENDIX 12 SWITCHER DONATIONS AND SCHOLARSHIPS BY SCHOOL TUITION ORGANIZATION FOR FISCAL YEAR 2015 School Tuition Organization Alumnus School Tuition Organization Arizona Adventist Scholarships Arizona Christian School Tuition Organization Arizona Community Foundation School Tuition Organization Arizona Education and Scholarship Opportunity Program Arizona Education First Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund Arizona Lutheran Scholarship Organization Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Best Student Fund Brophy Community Foundation Catholic Education Arizona Chabad Tuition Organization Christ Lutheran School Tuition Organization Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization Dynamite Montessori Foundation Financial Assistance for Independent Schools Funds For Kids 8 177 6,741 Switcher Donation $ $4,869 $83,731 $5,706,358 0 126 3,422 Switcher Scholarship $ $0 $67,749 $4,793,611 101 26 32 319 493 711 42 129 1,732 1,356 791 129 459 973 116 3,147 126 1,052 6,510 131 146 95 81 279 35 194 327 $84,016 $19,383 $22,987 $238,659 $390,240 $610,090 $30,292 $101,150 $1,439,667 $1,192,962 $636,646 $115,384 $366,426 $810,177 $87,023 $2,379,380 $111,904 $896,139 $5,097,401 $100,733 $123,156 $67,543 $60,968 $220,515 $31,007 $171,560 $256,828 4 1 0 109 112 147 14 76 669 801 107 53 219 439 41 1,102 24 243 3,487 10 45 135 35 176 16 26 98 $8,735 $2,000 $0 $98,878 $362,670 $534,309 $19,543 $54,336 $1,176,888 $1,411,227 $310,471 $65,054 $233,726 $683,341 $76,431 $1,912,314 $90,850 $741,750 $4,273,813 $94,436 $93,167 $65,589 $45,664 $206,775 $42,742 $131,944 $117,825 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 0 0 442 Switcher Reserved Future Scholarships $ $0 $0 $754,211 3 0 0 22 0 0 0 40 282 0 0 3 0 210 2 1,122 0 292 0 0 0 0 0 11 6 42 72 $15,200 $0 $0 $19,996 $0 $0 $0 $46,023 $359,601 $0 $0 $4,874 $0 $274,966 $5,094 $2,099,113 $0 $702,250 $0 $0 $0 $0 $0 $7,161 $18,442 $205,505 $91,298 # Page 68 School Tuition Organization H.E.L.P. Scholarship Foundation Higher Education STO Institute for Better Education Jewish Education Tax Credit Organization Jewish Tuition Organization Life Development Institute Education Foundation Lutheran Education Foundation Montessori Scholarship Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation Pappas Kids Schoolhouse Foundation Pinetop Tuition Support Organization Scholarships for Educational Excellence Foundation School Choice Arizona School Tuition Association of Yuma Schools With Heart Foundation Shepherd of the Desert Education Foundation Southern Arizona Foundation for Education-SAFE Lutheran Tuition Organization for Private Schools Valley Lutheran Scholarship Organization White Mountain Tuition Support Foundation Yuma's Education Scholarship Fund for Kids TOTALS 399 36 5,243 494 1,409 19 34 193 286 118 317 3 61 365 134 230 97 Switcher Donation $ $302,288 $30,239 $4,393,909 $413,457 $1,213,284 $15,800 $25,403 $131,304 $199,584 $96,149 $260,128 $3,150 $49,782 $298,632 $103,557 $203,313 $85,677 51 1,120 36 142 431 37,676 $38,194 $912,413 $31,901 $107,819 $377,781 $30,750,957 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 350 22 2,119 87 364 2 13 26 119 21 126 1 26 101 145 28 57 Switcher Scholarship $ $367,766 $26,346 $2,843,924 $352,595 $1,006,324 $15,000 $23,800 $142,501 $172,896 $91,769 $251,900 $2,000 $39,923 $242,279 $97,785 $188,722 $85,900 0 0 1,331 32 0 0 0 0 0 0 0 0 8 8 0 0 0 Switcher Reserved Future Scholarships $ $0 $0 $1,091,381 $121,705 $0 $0 $0 $0 $0 $0 $0 $0 $10,976 $15,254 $0 $0 $0 26 833 26 51 213 16,493 $20,934 $601,512 $36,925 $93,957 $246,753 $24,667,347 2 244 0 0 118 4,292 $435 $301,603 $0 $0 $167,557 $6,312,645 # Page 69 APPENDIX 13 SWITCHER DONATION PROGRAM SCHOLARSHIPS BY INCOME LEVEL FOR FISCAL YEAR 2015 School Tuition Organization Total Switcher Individual Scholarships % of Scholarships to Families up to 185% of Poverty Level % of Scholarships to Families from 185% to 342.25% of Poverty Level Remaining % Arizona Adventist Scholarships Arizona Christian School Tuition Organization Arizona Community Foundation School Tuition Organization Arizona Education and Scholarship Opportunity Program $67,749 $4,793,611 56.6% 32.9% 17.9% 34.7% 25.5% 32.4% $8,735 $2,000 100.0% 0.0% 0.0% 0.0% 0.0% 100.0% Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund Arizona Lutheran Scholarship Organization Arizona Private Education Scholarship Fund $98,878 $362,670 $534,309 $19,543 $54,336 $1,176,888 14.2% 56.4% 27.5% 61.4% 35.0% 15.4% 31.0% 17.0% 41.9% 7.4% 24.9% 33.9% 54.8% 26.6% 30.6% 31.2% 40.1% 50.7% Arizona Scholarship Fund Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection Arizona Tuition Organization Arizona Waldorf Scholarship Foundation $1,411,227 $310,471 $65,054 $233,726 $683,341 $76,431 55.9% 2.7% 15.1% 20.9% 28.0% 24.6% 21.2% 97.3% 39.7% 26.2% 40.4% 52.1% 22.9% 0.0% 45.2% 52.9% 31.6% 23.3% Arizona's Catholic Tuition Support Organization Best Student Fund Brophy Community Foundation Catholic Education Arizona Chabad Tuition Organization Christ Lutheran School Tuition Organization $1,912,314 $90,850 $741,750 $4,273,813 $94,436 $93,167 59.1% 100.0% 95.7% 24.9% 100.0% 75.3% 30.2% 0.0% 4.2% 64.6% 0.0% 14.8% 10.7% 0.0% 0.1% 10.5% 0.0% 9.9% $65,589 $45,664 $206,775 $42,742 $131,944 56.6% 62.0% 24.4% 0.0% 22.0% 42.5% 35.0% 42.9% 0.0% 47.3% 0.9% 3.0% 32.7% 100.0% 30.7% Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization Dynamite Montessori Foundation Financial Assistance for Independent Schools Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 70 Total Switcher Individual Scholarships School Tuition Organization % of Scholarships to Families up to 185% of Poverty Level % of Scholarships to Families from 185% to 342.25% of Poverty Level Remaining % Funds For Kids H.E.L.P. Scholarship Foundation Higher Education STO Institute for Better Education Jewish Education Tax Credit Organization $117,825 $367,766 $26,346 $2,843,924 $352,595 24.4% 39.3% 50.0% 46.1% 31.3% 27.7% 36.4% 39.1% 27.8% 37.6% 47.9% 24.3% 10.9% 26.1% 31.1% Jewish Tuition Organization Life Development Institute Education Foundation Lutheran Education Foundation Montessori Scholarship Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation $1,006,324 $15,000 $23,800 $142,501 $172,896 $91,769 90.5% 50.0% 66.4% 4.6% 45.4% 35.8% 9.5% 50.0% 12.6% 95.4% 45.2% 36.8% 0.0% 0.0% 21.0% 0.0% 9.4% 27.4% Pappas Kids Schoolhouse Foundation Pinetop Tuition Support Organization Scholarships for Educational Excellence Foundation School Choice Arizona School Tuition Association of Yuma Schools With Heart Foundation $251,900 $2,000 $39,923 $242,279 $97,785 $188,722 100.0% 100.0% 46.0% 38.3% 29.1% 48.4% 0.0% 0.0% 24.4% 52.7% 33.6% 25.3% 0.0% 0.0% 29.6% 9.0% 37.3% 26.3% $85,900 35.9% 52.7% 11.4% $20,934 35.7% 57.8% 6.5% $601,512 $36,925 $93,957 $246,753 $24,667,347 30.1% 95.9% 41.9% 22.8% 40.8% 32.7% 4.1% 44.7% 35.6% 36.7% 37.2% 0.0% 13.4% 41.6% 22.5% Shepherd of the Desert Education Foundation Southern Arizona Foundation for Education-SAFE Lutheran Tuition Organization for Private Schools Valley Lutheran Scholarship Organization White Mountain Tuition Support Foundation Yuma's Education Scholarship Fund for Kids TOTALS Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 71 APPENDIX 14 NUMBER OF SCHOOLS AND AVERAGE SCHOLARSHIP FROM SWITCHER DONATIONS BY SCHOOL TUITION ORGANIZATION FOR FISCAL YEAR 2015 School Tuition Organization # of Schools to which Scholarships Were Paid Avg. Scholarship Amount Arizona Adventist Scholarships Arizona Christian School Tuition Organization 9 117 $538 $1,401 Arizona Community Foundation School Tuition Organization Arizona Education and Scholarship Opportunity Program Arizona Education Scholarship Foundation Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona International Academy Scholarship Fund 3 1 43 4 3 3 $2,184 $2,000 $907 $3,238 $3,635 $1,396 Arizona Lutheran Scholarship Organization Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Arizona Tax Credit Arizona Tuition Connection 7 91 131 18 8 48 $715 $1,759 $1,762 $2,902 $1,227 $1,067 Arizona Tuition Organization Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Best Student Fund Brophy Community Foundation Catholic Education Arizona 9 1 24 2 13 37 $1,557 $1,864 $1,735 $3,785 $3,052 $1,226 Chabad Tuition Organization Christ Lutheran School Foundation Christian Scholarship Foundation Christian Scholarship Fund of Arizona Cochise Christian School Tuition Organization Dynamite Montessori Foundation 1 1 2 6 11 2 $9,444 $2,070 $486 $1,305 $1,175 $2,035 Financial Assistance for Independent Schools Funds for Kids HELP Scholarship Foundation Higher Education STO Institute for Better Education Jewish Education Tax Credit Organization 2 19 11 4 153 2 $5,075 $1,202 $1,051 $1,198 $1,341 $4,053 Jewish Tuition Organization Life Development Institute Education Fund Lutheran Education Foundation Montessori Scholarship Organization Northern Arizona Christian School Scholarship Fund Orme Primavera Schools Foundation 7 1 6 4 3 2 $2,757 $7,500 $1,831 $5,481 $1,453 $4,370 Pappas Kids Schoolhouse Foundation 5 $1,999 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 72 School Tuition Organization # of Schools to which Scholarships Were Paid Avg. Scholarship Amount Pinetop Tuition Support Organization Scholarships for Educational Excellence Foundation School Choice Arizona School Tuition Association of Yuma Schools with Heart Foundation Shepherd of the Desert Educational Foundation 1 1 27 8 3 2 $2,000 $1,535 $2,399 $674 $6,740 $1,507 Southern Arizona Foundation for Education-SAFE Lutheran Tuition Organization for Private Schools Valley Lutheran Scholarship Organization White Mountain Tuition Support Foundation Yuma's Education Scholarship Fund for Kids 2 89 2 1 13 $805 $722 $1,420 $1,842 $1,158 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 73 APPENDIX 15 LOW-INCOME CORPORATE DONATIONS AND SCHOLARSHIPS BY SCHOOL TUITION ORGANIZATION FOR FISCAL YEAR 2015 School Tuition Organization AAA Scholarship Foundation Arizona Community Foundation Student Tuition Organization Arizona Education and Scholarship Opportunity Program Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona Leadership Foundation Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Brophy Community Foundation Catholic Education Arizona Christian Scholarship Foundation Corporate Tax Foundation Financial Assistance for Independent Schools Foundation for Corporate Tax Credit H.E.L.P. Scholarship Foundation Independent Schools Corporate Tax Foundation Institute for Better Education Jewish Education Tax Credit Organization Jewish Tuition Organization Northern Arizona Christian School Scholarship Fund School Choice Arizona School Tuition Association of Yuma Tuition Organization for Private Schools Valley Lutheran Scholarship Organization Yuma's Education Scholarship Fund for Kids TOTALS 20 Low-Income Corporate Donation $ $11,077,505 3 2 4 5 15 7 1 8 1 20 17 16 1 1 1 4 2 1 4 1 2 2 9 1 5 0 1 154 $850,000 $525,000 $615,000 $1,365,000 $9,970,050 $430,000 $62,500 $1,900,000 $130,000 $2,345,000 $3,605,000 $3,131,224 $30,000 $1,500,000 $150,000 $72,000 $10,605 $1,500,000 $635,000 $50,000 $65,000 $99,186 $2,307,500 $150,000 $292,600 $0 $130,000 $42,998,170 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 # 560 Low-Income Corporate Scholarship $ $2,592,758 # 952 Low-Income Corporate Reserved Future Scholarships $ $14,116,750 133 102 83 103 3,277 200 356 1,327 23 1,693 1,221 3,860 168 86 11 25 168 94 922 0 214 92 857 264 510 1 223 16,573 $683,089 $248,955 $318,055 $489,150 $8,574,943 $380,146 $240,090 $4,386,263 $70,943 $3,455,724 $2,326,232 $2,919,576 $27,812 $449,600 $49,500 $133,800 $9,545 $409,786 $618,324 $0 $36,550 $62,819 $2,044,064 $142,674 $597,384 $788 $86,825 $31,355,396 1 2 53 41 0 92 0 0 0 1,424 1,703 55 0 80 19 0 0 64 966 26 0 0 569 0 0 0 0 6,047 $1,059 $12,800 $1,145,977 $794,800 $0 $116,680 $0 $0 $0 $2,978,722 $6,566,700 $557,460 $0 $1,593,000 $90,500 $0 $0 $1,270,900 $658,818 $45,000 $0 $0 $2,075,867 $0 $0 $0 $0 $32,025,033 Page 74 APPENDIX 16 LOW-INCOME CORPORATE DONATION PROGRAM SCHOLARSHIPS BY INCOME LEVEL FOR FISCAL YEAR 2015 Total Low-Income Corporate Scholarships School Tuition Organization % of Scholarships to Families up to 185% of Poverty Level % of Scholarships to Families from 185% to 342.25% of Poverty Level AAA Scholarship Foundation Arizona Community Foundation Student Tuition Organization $2,592,758 $683,089 65.3% 83.6% 34.7% 16.4% Arizona Education and Scholarship Opportunity Program Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona Leadership Foundation Arizona Private Education Scholarship Fund Arizona Scholarship Fund $248,955 $318,055 $489,150 $8,574,943 $380,146 $240,090 56.2% 77.3% 49.4% 53.8% 46.8% 40.6% 43.8% 22.7% 50.6% 46.2% 53.2% 59.4% Arizona School Choice Trust Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Brophy Community Foundation Catholic Education Arizona Christian Scholarship Foundation $4,386,263 $70,943 $3,455,724 $2,326,232 $2,919,576 $27,812 85.0% 100.0% 62.9% 82.7% 31.6% 50.3% 15.0% 0.0% 37.1% 17.3% 68.4% 49.7% $449,600 $49,500 $133,800 $9,545 $409,786 $618,324 67.4% 27.3% 69.6% 40.3% 59.0% 100.0% 32.6% 72.7% 30.4% 59.7% 41.0% 0.0% $36,550 $62,819 $2,044,064 $142,674 $597,384 $788 100.0% 52.1% 52.6% 36.9% 55.2% 100.0% 0.0% 47.9% 47.4% 63.1% 44.8% 0.0% $86,825 $31,355,395 52.4% 62.1% 47.6% 37.9% Corporate Tax Foundation Financial Assistance for Independent Schools Foundation for Corporate Tax Credit H.E.L.P. Scholarship Foundation Independent Schools Corporate Tax Foundation Institute for Better Education Jewish Tuition Organization Northern Arizona Christian School Scholarship Fund School Choice Arizona School Tuition Association of Yuma Tuition Organization for Private Schools Valley Lutheran Scholarship Organization Yuma's Education Scholarship Fund for Kids TOTALS Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 75 APPENDIX 17 NUMBER OF SCHOOLS AND AVERAGE SCHOLARSHIP FROM LOW-INCOME CORPORATE DONATIONS BY SCHOOL TUITION ORGANIZATION FOR FISCAL YEAR 2015 School Tuition Organization # of Schools to which Scholarships Were Paid Avg. Scholarship Amount AAA Scholarship Foundation Arizona Community Foundation School Tuition Organization Arizona Education and Scholarship Opportunity Program Arizona Episcopal Schools Foundation Arizona Independent Schools Scholarship Foundation Arizona Leadership Foundation 61 $4,605 32 6 5 3 112 $5,136 $2,441 $3,832 $4,749 $2,617 Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Arizona Waldorf Scholarship Foundation Arizona's Catholic Tuition Support Organization Brophy Community Foundation 50 59 101 1 25 31 $1,819 $673 $3,305 $3,084 $2,041 $1,905 Catholic Education Arizona Christian Scholarship Foundation Corporate Tax Foundation Financial Assistance for Independent Schools Foundation for Corporate Tax Credit HELP Scholarship Foundation 37 2 2 2 2 2 $756 $166 $5,228 $4,500 $5,352 $57 Independent Schools Corporate Tax Foundation Institute for Better Education Jewish Tuition Organization Northern Arizona Christian School Scholarship Fund School Choice Arizona School Tuition Association of Yuma 4 85 7 3 48 8 $4,359 $671 $171 $683 $2,385 $540 Tuition Organization for Private Schools Valley Lutheran Scholarship Organization Yuma's Education Scholarship Fund for Kids 38 1 9 $1,171 $788 $389 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 76 APPENDIX 18 DISABLED/DISPLACED CORPORATE DONATIONS AND SCHOLARSHIPS BY SCHOOL TUITION ORGANIZATION FOR FISCAL YEAR 2015 School Tuition Organization AAA Scholarship Foundation Academic Opportunity of Arizona Arizona Community Foundation Student Tuition Organization Arizona Leadership Foundation Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust Arizona's Catholic Tuition Support Organization Dynamite Montessori Foundation Financial Assistance for Independent Schools Institute for Better Education Life Development Institute Education Fund School Choice Arizona Tuition Organization for Private Schools TOTALS 4 1 Disabled/Displaced Corporate Donation $ $785,000 $6,250 0 11 3 0 2 2 1 1 2 1 2 1 31 $0 $3,183,350 $158,600 $0 $77,000 $394,000 $6,920 $50,000 $30,800 $25,000 $65,000 $250,000 $5,031,920 # Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 15 0 Disabled/Displaced Corporate Scholarship $ $76,712 $0 76 230 38 3 135 24 1 15 206 0 26 39 808 $442,076 $1,315,997 $101,252 $4,244 $762,047 $42,993 $4,728 $38,578 $173,438 $0 $318,389 $312,412 $3,592,866 # 52 0 Disabled/Displaced Corporate Reserved Future Scholarships $ $773,182 $0 0 0 12 0 0 28 0 12 166 0 0 0 270 $0 $0 $48,294 $0 $0 $90,071 $0 $55,000 $171,876 $0 $0 $0 $1,138,422 # Page 77 APPENDIX 19 NUMBER OF SCHOOLS AND AVERAGE SCHOLARSHIP FROM DISABLED/DISPLACED CORPORATE DONATIONS BY SCHOOL TUITION ORGANIZATION FOR FISCAL YEAR 2015 School Tuition Organization # of Schools to which Scholarships Were Paid Avg. Scholarship Amount AAA Scholarship Foundation Arizona Community Foundation School Tuition Organization Arizona Leadership Foundation Arizona Private Education Scholarship Fund Arizona Scholarship Fund Arizona School Choice Trust 9 $5,114 30 43 10 2 46 $5,668 $5,722 $2,665 $1,415 $5,645 Arizona's Catholic Tuition Support Organization Dynamite Montessori Foundation Financial Assistance for Independent Schools Institute for Better Education School Choice Arizona Tuition Organization for Private Schools 12 1 3 64 9 13 $1,791 $4,728 $2,572 $842 $12,246 $8,011 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 78 APPENDIX 20 ESTIMATED AMOUNT OF SCHOLARSHIPS RECEIVED BY PRIVATE SCHOOLS FROM EACH SCHOOL TUITION ORGANIZATION PROGRAM FROM THE BEGINNING OF EACH PROGRAM Private School 2nd Street Children's School 91st Psalm Christian School A Child's View Abbie Loveland Tuller Abiding Savior School Academy of Destiny Ace Academy ACES (Austin Centers for Exceptional Students) Adobe Adventist Christian School Adobe Montessori Agape Youth Ranch Academy Ahwatukee Foothills Montessori Ajo Calvary Christian Academy Aldea Montessori Aleph Bet Kindergarten Alethia Academy Al-Huda School Our Lady of the Mountains (All Saints) All Saints' Episcopal Day School Alpha Omega Academy Ambassador Christian Academy American Christian Academy American Family Education American Indian Christian School Anderson Adventist Elementary School Angels in Autism (AZ Behavior & Autism) Annunciation Catholic School Apache Baptist Academy Apache Kids Academy Apostolic Faith Center Christian Scholarships from Individual Donations $279,650 $1,041,110 $5,676 $865,311 $140,275 $17,881 $11,780 $31,449 $175,561 $14,172 $4,794 $229,123 $9,139 $424,420 $305,838 $174,678 $623,991 $2,001,897 $4,112,550 $20,043 $88,404 $3,420 $1,810 $1,538,895 $4,593 $24,257 $785,668 $48,976 $9,503 $101,168 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $26,635 $42,278 $0 $23,680 $0 $0 $1,830 $5,225 $5,700 $0 $0 $46,610 $1,489 $25,030 $214,071 $0 $80,667 $137,604 $259,881 $0 $35,059 $0 $565 $77,055 $0 $13,717 $195,894 $4,950 $874 $0 Scholarships from Low-Income Corporate Donations $27,920 $790,435 $0 $450,581 $0 $0 $14,385 $0 $0 $0 $0 $50 $0 $0 $49,450 $0 $0 $357,689 $1,689,306 $0 $7,000 $0 $0 $3,700 $0 $505 $37,706 $4,217 $0 $129,926 Scholarships from Disabled/Displaced Corporate Donations $0 $19,959 $0 $57,509 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $100 $0 $0 $0 $0 $54,080 $1,665 $0 $0 $0 Page 79 Private School Arcadia Christian School Arcadia Montessori Arizona Center for Autism Arizona Community Childhood Academy Arizona Cultural Academy Arizona International Academy Arizona Language Preparatory Arizona Lutheran Academy Armstrong Academy Arrowhead Christian Academy Arrowhead Montessori School ASCEND Ascension Lutheran School Atonement Lutheran School Augustana Academy Autism Academy for Education & Development Avondale Montessori Awakening Seed School AZ Assist Academy AZ Aspire Academy Back to Basics Christian School Banner Children's Academy Barness Family Jewish Community Center Day School Bayer Private School Beautiful Savior Academy Begin to Dream Christian Academy Bella Vista College Preparatory School Berean Christian Academy Beth El Center for Early Childhood Education Kindergarten Bethany Christian School Big Dreams Preschool & Kindergarten Bios Christian Academy-closed in 2014 Black Mountain Science Academy Scholarships from Individual Donations $125,214 $138,135 $0 $14,203 $2,575,929 $407,512 $40,310 $4,139,080 $214,067 $1,839,014 $40,302 $18,500 $1,243,348 $1,464,030 $7,043 $18,646 $3,668 $918,464 $1,892 $0 $892 $17,948 $465,164 $25,165 $332,961 $450 $305,835 $141,146 $119,138 $5,456,785 $2,177 $1,317,878 $72,040 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $0 $46,501 $0 $0 $363,524 $44,839 $12,941 $221,088 $0 $110,626 $17,283 $0 $19,707 $116,646 $4,900 $11,783 $0 $86,332 $0 $0 $0 $0 $0 $23,395 $8,595 $0 $26,700 $0 $0 $427,731 $1,571 $90,191 $15,489 Scholarships from Low-Income Corporate Donations $0 $0 $20,000 $0 $643,695 $0 $11,260 $140,720 $0 $399,421 $5,580 $3,500 $3,510 $114,106 $0 $2,000 $0 $6,250 $0 $900 $0 $0 $0 $1,805 $75 $0 $111,500 $0 $0 $249,716 $0 $131,354 $0 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $0 $0 $0 $0 $0 $3,973 $0 $42,131 $5,226 $18,000 $6,130 $0 $0 $489,645 $0 $12,955 $3,859 $0 $0 $837 $0 $0 $0 $0 $7,300 $0 $0 $10,933 $0 $45,737 $0 Page 80 Private School Blessed Sacrament Kindergarten Beyond Autism Bourgade Catholic High School Boys Hope/Girls Hope Breakthrough Academy Bridges Preschool & Kindergarten Bridges Preschool & Kindergarten Brightmont Academy Brophy College Preparatory Brophy Loyola Academy Brown Road Christian Academy Calvary Baptist School Calvary Central Christian Academy Calvary Chapel Christian School Calvary Christian Academy Calvary Christian Academy Calvary Christian School Calvary Shadows Assembly of God Camelback Christian School Camelback Desert School Camp Verde United Christian School Canyon State Academy Carden Christian Academy Central Carden of the Peaks Casa del Nino Bilingual Montessori School Casa Ninos School of Montessori Casas Adobe Christian School Casas Christian School Castlehill Country Day School Cathedral Christian Academy Cathedral of Praise Christian School Cave Creek Montessori Cedar Tree Montessori Scholarships from Individual Donations $547,771 $0 $9,916,269 $13,551 $18,270 $2,879 $8,430 $21,213 $15,952,734 $103,350 $7,322 $260,689 $19,884 $1,961,085 $2,185,897 $364,367 $370,064 $3,942 $125,041 $237,032 $1,341,944 $13,523 $371,427 $51,510 $12,944 $32,871 $36,103 $6,259,829 $1,136,753 $723,275 $36,270 $205,641 $0 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $27,239 $0 $673,624 $0 $13,777 $0 $0 $6,005 $356,652 $1,174,044 $0 $21,914 $4,823 $259,424 $212,262 $0 $16,733 $1,164 $20,717 $14,556 $104,264 $0 $19,399 $0 $10,919 $5,092 $0 $355,807 $115,923 $0 $0 $119,169 $0 Scholarships from Low-Income Corporate Donations $9,990 $0 $2,577,263 $0 $0 $0 $0 $6,500 $3,978,567 $1,108,500 $0 $53,510 $0 $415,291 $259,537 $0 $90,540 $3,550 $0 $1,850 $60,599 $0 $91,792 $0 $0 $6,250 $0 $254,546 $10,580 $0 $10,780 $0 $7,064 Scholarships from Disabled/Displaced Corporate Donations $1,854 $42,780 $83,822 $0 $12,773 $0 $0 $7,316 $21,203 $0 $0 $0 $0 $2,625 $0 $0 $0 $3,525 $5 $3,500 $10,515 $0 $10,000 $0 $0 $0 $0 $37,977 $700 $0 $0 $0 $0 Page 81 Private School Central Christian Academy Chandler Christian Academy Chandler Christian School Chaparral Christian Preschool & Kindergarten Chapel Haven West Cheder Lubavitch Chinle Adventist Elementary Christ Church School Christ Lutheran School Christ the King Academy Christ the King Catholic School Christ the Redeemer Lutheran School Christian Academy of Prescott Christian Challenge Academy Christ's Community Christian Academy Christ's Greenfield Lutheran School Chrysalis Academy Clear View Academy Colossal Cave Learning Center Community Christian School Community Montessori Concordia Lutheran Schools Congregation Anshei Israel Preschool & Kindergarten Copper Canyon Academy Copper Canyon Christian School Cornerstone Christian Academy Cornerstone Christian Academy Cornerstone Christian Academy Cornerstone Christian Academy/Pusch Ridge Cornerstone Christian School Cornerstone Kidz Covenant Child Care Center Covenant Christian School Scholarships from Individual Donations $128,978 $2,003,178 $0 $180,760 $55,783 $86,100 $4,581 $430,702 $5,013,934 $99,939 $3,007,934 $722,786 $1,954,750 $2,314 $165,828 $3,868,270 $104,575 $26,895 $600 $10,335 $200,635 $156,346 $113,786 $2,257 $42,452 $720 $139,565 $1,000 $15,117,577 $144,033 $106,926 $6,229 $20,714 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $0 $211,825 $0 $22,002 $1,912 $12,800 $0 $75,671 $591,217 $13,418 $158,924 $0 $211,657 $0 $0 $290,699 $25,923 $14,879 $0 $0 $3,712 $0 $43,744 $0 $0 $0 $0 $0 $1,294,190 $0 $8,324 $4,069 $0 Scholarships from Low-Income Corporate Donations $0 $90,452 $146,114 $2,035 $0 $7,856 $0 $2,800 $101,024 $1,763 $275,113 $18,880 $178,721 $0 $0 $131,618 $0 $6,546 $0 $0 $0 $0 $29,463 $0 $0 $0 $0 $0 $713,370 $0 $1,500 $0 $0 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $3,515 $0 $4,750 $0 $0 $0 $2,500 $0 $11,643 $0 $80,753 $0 $0 $0 $127,394 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $24,766 $0 $0 $0 $0 Page 82 Private School Covenant of Faith School Creative Bridges Cooperative Preschool Creative Castle Preschool & Kindergarten Creo School Cross of Glory Lutheran Elementary School Cross Roads Preschool & Kindergarten Crossroads Christians Academy Crossroads Community School (Hope Christian Academy) David Ricardo School Dayspring Kindergarten Desert Christian Schools Desert Garden Montessori Desert Hills Christian Academy Desert Jewish Academy Desert Life Academy Desert Marigold School Desert Montessori Desert Quest Private School Desert Shadows Montessori Desert Sky Montessori Desert Springs Christian Kindergarten Desert Sun Child Development Center Desert Valley Christian School Desert View Learning Center Desert Voices Oral Learning Center Desert Willow Educational Services Dobson Montessori School Dove Christian School Downtown Community School Dynamite Montessori School Early Light Academy East Fork Lutheran School East Valley Adventist Education Program Scholarships from Individual Donations $3,055 $0 $87,881 $8,695 $459,713 $18,178 $5,146 $2,053,129 $11,060 $874,751 $9,332,013 $1,311,882 $6,703 $209,627 $1,463 $44,611 $17,652 $13,895 $101,336 $14,693 $238,640 $492,652 $303,028 $1,321,194 $542,012 $11,746 $1,001,833 $285,598 $135 $427,418 $4,900 $493,305 $225 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $0 $0 $24,516 $21,953 $79,680 $0 $0 $211,030 $0 $48,015 $462,584 $214,371 $0 $89,186 $0 $0 $0 $0 $15,600 $5,321 $0 $35,840 $12,748 $174,480 $63,685 $0 $69,008 $0 $543 $61,162 $0 $46,214 $0 Scholarships from Low-Income Corporate Donations $0 $0 $3,500 $0 $37,174 $0 $0 $17,508 $0 $4,895 $1,489,152 $62,080 $0 $11,860 $0 $0 $0 $1,505 $3,284 $9,900 $0 $1,900 $12,496 $1,510 $0 $0 $73,716 $875 $0 $0 $0 $0 $2,653 Scholarships from Disabled/Displaced Corporate Donations $0 $1,710 $0 $0 $13,243 $0 $0 $1,000 $0 $500 $219,606 $19,395 $0 $0 $0 $0 $0 $2,000 $0 $6,550 $0 $505 $0 $0 $0 $0 $300 $0 $0 $4,728 $0 $0 $0 Page 83 Private School East Valley Christian Academy East Valley Jewish Day School Eastside Christian School Educational Special Needs Services El Dorado Private School Emmanuel Christian Academy Emmanuel Lutheran School Emmaus Lutheran School Enchanted Desert School Enrichment Academy Esther B Feldman Kindergarten Ethos School Experimental Schools Corp of AZ Faith Baptist School Faith Christian Academy Faith Christian Academy Faith Christian Academy Faith Christian School Faith Community Academy Faith Life Christian Academy Faith Lutheran School Faith Lutheran School Family Life Academy Family of Christ Learning Center Family of God Lutheran School Father's Heart Christian School Fellowship Child Development Center Fenster School Firm Foundation Christian School First Baptist Christian Academy First Baptist Christian Academy First Baptist Christian School First Baptist of Mesa Christian Academy Scholarships from Individual Donations $23,610 $346,214 $1,665 $1,560 $268,851 $388,581 $1,522,620 $808,697 $591,497 $1,301 $972 $101,172 $7,794 $1,078 $16,210 $76,186 $4,388 $941,846 $929,462 $450 $29,436 $1,002,857 $1,358,608 $122,398 $70,557 $1,000 $63,080 $900 $189,254 $941,048 $5,093 $47,980 $12,367 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $0 $670 $0 $0 $36,757 $62,686 $81,989 $35,033 $0 $0 $0 $0 $0 $0 $0 $9,110 $0 $103,115 $58,302 $0 $0 $44,124 $64,732 $26,617 $0 $0 $0 $0 $0 $79,211 $0 $0 $0 Scholarships from Low-Income Corporate Donations $0 $54,803 $0 $0 $18,944 $71,694 $15,092 $1,500 $0 $150 $0 $0 $0 $0 $0 $32,535 $0 $49,741 $189,745 $0 $0 $40,134 $78,580 $0 $9,009 $0 $0 $0 $11,789 $7,602 $0 $0 $0 Scholarships from Disabled/Displaced Corporate Donations $0 $5,266 $0 $0 $0 $200 $0 $0 $0 $0 $0 $20,570 $0 $0 $0 $0 $0 $32,801 $6,625 $0 $0 $2,000 $1,750 $0 $0 $0 $0 $21,260 $0 $0 $0 $0 $0 Page 84 Private School First Southern Christian School Flagstaff Adventist School Flagstaff Community Christian School Florence Baptist Academy Foundation for Blind Children Founders Classical Academy Fountain of Life Lutheran School Fourteen Six Christian Academy Freedom Christian Academy Freedom Christian School Friendship Christian School Full Gospel Christian Academy Gan Yeladim Gary K. Herberger Young Scholar's Academy Gateway Academy Gateway Baptist Academy Gateway Baptist Academy Gateway Bible Church Christian Training Center Gateway Fellowship Preschool & Kindergarten Gateway Independent School Gateways School Gethsemane Lutheran School Gila Mountain Christian Academy Gilbert Christian Schools Gilson Wash Baptist Academy Glendale Christian Academy Glenview Adventist Academy God's Garden Child Development Center God's World Golf Links Christian School Good Earth Montessori Good Shepherd Lutheran School Good Steps Christian Academy Scholarships from Individual Donations $1,034,085 $462,015 $728,842 $19,872 $658,121 $3,000 $1,702,094 $2,176 $575,293 $35,600 $15,848 $4,474 $13,000 $144,832 $60,115 $314,162 $18,460 $6,703 $11,225 $110,885 $16,063 $2,372,760 $8,680 $6,332,797 $44,388 $1,004,285 $641,085 $3,446 $870 $25,564 $7,348 $120,574 $5,303 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $36,324 $0 $119,821 $2,419 $163,063 $0 $18,798 $0 $76,402 $1,647 $0 $0 $0 $44,591 $1,325 $22,183 $0 $0 $0 $0 $0 $209,754 $0 $1,213,470 $0 $27,369 $35,250 $0 $0 $0 $990 $0 $0 Scholarships from Low-Income Corporate Donations $82,320 $0 $1,783,680 $3,000 $0 $0 $9,175 $0 $724,538 $0 $0 $0 $0 $39,150 $300 $68,256 $0 $0 $0 $0 $0 $31,294 $0 $497,205 $0 $235,938 $57,123 $0 $0 $0 $0 $0 $0 Scholarships from Disabled/Displaced Corporate Donations $1,500 $0 $10,538 $0 $403,669 $0 $0 $0 $41,883 $0 $0 $0 $0 $0 $50,850 $0 $0 $0 $0 $0 $0 $500 $0 $29,103 $0 $0 $0 $0 $0 $0 $0 $0 $0 Page 85 Private School Gospel Light Christian Academy Gospel Outreach Christian School Grace Christian Academy Grace Christian School Grace Community Christian School Grace Fellowship Academy Grace Garden Christian Preschool Grace Lutheran School GracePointe Christian Academy (Chapel in the Hills) Graysmark Academy Green Fields Country Day School Guiding Light Christian Educational Center (GLCP) Guiding Light Christian School Hand in Hand Christian School Happy Trails Harvest Christian Academy Harvest Kidz School Heritage Christian Academy Heritage Montesori Hermosa Montessori Highland Free School Holbrook Adventist Indian School Holy Angels School Holy Cross Evangelical Lutheran School Holy Trinity Academy Hopi Mission School Howard S. Gray Education Program Imago Dei Middle School Immaculate Conception School Immaculate Heart Academy Immaculate Heart High School Immaculate Heart Preparatory School (K-8) Inspire International Preschool Scholarships from Individual Donations $5,235 $2,301 $56,024 $63,527 $8,126,935 $712,810 $0 $1,382,035 $347,952 $19,183 $3,212,210 $67,518 $339,702 $71,836 $40,133 $91,237 $13,597 $1,463,449 $91,332 $88,619 $70,908 $163,082 $984,962 $62,381 $281,769 $2,303,592 $85,527 $1,833,646 $1,196,329 $399,801 $3,026,793 $93,383 $0 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $0 $86 $6,602 $0 $293,880 $76,688 $20 $88,552 $15,558 $0 $317,651 $18,192 $0 $8,619 $0 $0 $1,781 $5,563 $12,522 $0 $0 $2,800 $0 $0 $16,776 $160,416 $3,611 $354,288 $81,514 $134,980 $58,925 $10,951 $0 Scholarships from Low-Income Corporate Donations $1,325 $0 $0 $0 $128,137 $338,733 $0 $6,590 $66,137 $6,000 $651,109 $117,539 $0 $9,630 $5,234 $0 $0 $16,485 $0 $0 $0 $0 $100,000 $0 $1,000 $106,596 $100 $1,037,970 $590,469 $168,550 $454,737 $20,170 $2,700 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $0 $0 $3,828 $0 $0 $14,811 $5 $41,152 $1,250 $500 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $100 $0 $2,271 $500 $20,709 $0 $0 Page 86 Private School Inspire Kids Montessori Intermountain Academy International Christian Academy Online International School for Peace International School of Arizona International School of Tucson Ironwood Hill School Jess Schwartz College Preparatory Joanne Todd Christian School Journeys Academy Joy Christian School Joyful Beginnings Academy Kachina Country Day School KASL Academy for Deaf and Hard of Hearing Keystone Montessori Kingdom Khalsa Montessori Khalsa Montessori Kids' Discovery Club Christian Kindergarten Kimber Academy King David School Kingdom Preparatory Academy Kingman Adventist Christian School King's Academy Kino Learning Center Kyrene del Norte La Paz Montessori La Tierra Community School Lamad Preparatory Academy Lamb's Gate Christian School Lambs of God School ACCEL (Latch School) Lauren's Institute for Education School (LIFE) Learning Unlimited Scholarships from Individual Donations $21,978 $16,500 $8,044 $14,095 $509,983 $701,924 $1,781 $2,984,869 $352,227 $9,900 $7,162,408 $337,490 $6,725 $0 $268,868 $20,544 $99,487 $17,076 $136,576 $2,994,954 $0 $96,992 $4,000 $793,563 $540 $540 $25,445 $2,955 $520,471 $10,213 $487,597 $281,205 $0 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $12,047 $7,500 $0 $1,177 $91,984 $130,065 $0 $0 $31,270 $0 $545,661 $33,787 $0 $3,700 $0 $0 $0 $0 $74,984 $0 $160 $0 $0 $70,939 $0 $535 $0 $0 $17,351 $0 $22,576 $43,359 $0 Scholarships from Low-Income Corporate Donations $0 $174,900 $0 $0 $75,001 $329,550 $0 $19,000 $2,740 $10,000 $2,815,136 $900 $9,500 $1,500 $0 $0 $0 $0 $6,000 $22,319 $180,340 $0 $0 $119,419 $0 $0 $0 $0 $13,673 $0 $21,100 $240,410 $4,000 Scholarships from Disabled/Displaced Corporate Donations $0 $396,076 $0 $0 $0 $12,848 $7,125 $0 $0 $0 $60,218 $0 $7,050 $33,000 $0 $0 $0 $0 $1,500 $0 $0 $0 $0 $66,408 $0 $0 $0 $0 $5,915 $0 $72,226 $2,231,130 $6,000 Page 87 Private School Legacy Classical Christian Academy Lestonnac School Lexington Academy Lexington Life Academy Lexis Preparatory School Liberty Christian Academy (formerly Bethany) Life Academy Life Christian Academy Life Development Institute Light and Life Elementary School Lighthouse Academy Little Angels Montessori School Little Palms School Logos Christian Academy Loretto Catholic School Lourdes Catholic School Magical Journey Learning Center Maranatha Christian Academy Maricopa Village Christian School Marina Montessori Martin Luther Lutheran School Mesa Christian Academy Mesa Montessori Messiah Lutheran Open Arms Millennium Worldwide Academy Mis Manos Montesorri School Mission Christian School Mission Montessori Mission View Academy Montessori 2000 Montessori Center School Montessori Centre Main Montessori Centre North Scholarships from Individual Donations $350,352 $88,461 $73,609 $0 $318,070 $99,564 $5,899 $44,465 $201,950 $345,718 $49,140 $930 $12,576 $161,740 $1,309,245 $1,398,435 $54,718 $14,289 $45,748 $465 $1,233,008 $72,594 $67,072 $88,363 $133,605 $3,216 $494,561 $164,546 $1,367 $7,173 $550,613 $139,381 $78,438 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $0 $0 $0 $0 $111,303 $0 $0 $13,594 $15,000 $0 $0 $0 $174 $26,533 $119,777 $78,595 $38,194 $0 $4,394 $0 $0 $11,982 $15,805 $0 $0 $0 $0 $0 $0 $0 $16,880 $0 $0 Scholarships from Low-Income Corporate Donations $0 $0 $0 $0 $59,161 $16,601 $0 $0 $0 $0 $0 $0 $0 $238,545 $894,871 $337,685 $5 $0 $0 $0 $0 $11,875 $80 $0 $187,236 $0 $221,699 $0 $0 $0 $10,500 $0 $0 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $0 $7,800 $106,733 $2,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,020 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Page 88 Private School Montessori Children's Home Montessori Christian Academy Montessori Day School Montessori Educare Academy Montessori Education Center Montessori in the Park Montessori International School Montessori Kingdom of Learning Montessori Learning Center Montessori Matters Montessori of Surprise Montessori Preparatory Academy Montessori Schoolhouse Charter Montessori West Preparatory Montezuma Indian School Morning Glory Montessori Most Holy Trinity Catholic School Mount Calvary Lutheran School Mountain Christian School Mountain View Lutheran School Navajo Evangelical Lutheran Mission School Navajo Trails Nehemiah Ministries Nellie P. Covert School Neurologic Music Therapy Services of Arizona New Covenant Lutheran Preschool & Kindergarten New Hope Christian Academy New Horizons Christian Academy New Life Christian Academy New Life Wesleyan Academy New School for the Arts New Vistas Center for Education New Way Learning Academy Scholarships from Individual Donations $290,345 $186,337 $147,040 $121,464 $14,885 $390,003 $902,262 $1,375,481 $67,546 $70,715 $34,060 $16,861 $38,633 $259,970 $6,333 $31,535 $2,392,932 $536,817 $1,125,747 $61,105 $2,141,168 $1,725 $2,484 $296,042 $159,891 $262,429 $172,644 $137,409 $3,200 $3,240 $563 $880,151 $2,336,070 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $0 $31,810 $0 $1,850 $0 $17,010 $66,194 $20,363 $5,799 $2,760 $14,252 $3,100 $0 $15,171 $0 $0 $115,291 $27,237 $132,163 $0 $141,262 $0 $0 $0 $25,323 $33,963 $0 $0 $0 $0 $0 $66,307 $489,057 Scholarships from Low-Income Corporate Donations $0 $0 $0 $0 $0 $0 $340,795 $11,331 $0 $0 $3,544 $0 $0 $0 $0 $0 $801,324 $58,150 $226,987 $1,750 $132,453 $0 $0 $0 $0 $0 $0 $0 $9,325 $0 $0 $31,219 $265,284 Scholarships from Disabled/Displaced Corporate Donations $0 $5,582 $0 $0 $0 $5 $26,829 $0 $0 $0 $0 $250 $0 $0 $0 $0 $1,000 $0 $5,428 $0 $0 $0 $0 $0 $21,557 $0 $0 $0 $0 $0 $0 $0 $1,047,016 Page 89 Private School Noah's Ark Preschool & Kindergarten Nogales Christian Academy Noor Academy of Arizona North Phoenix Baptist Kindergarten North Phoenix Christian Montessori School North Valley Christian Academy (Cross of Christ) Northland Christian School Northminster Christian School Northwest Christian School Northwest Christian School Notre Dame Preparatory Oak Creek Ranch School Oasis Christian School Olga and Bob Strauss Center for Early Childhood Development On-Track Academy Opincar Study Center Our Lady of Guadalupe Our Lady of Joy School Our Lady of Mt. Carmel School Our Lady of Perpetual Help Catholic School Our Lady of Perpetual Help Catholic School Our Lady of Sorrows Academy Our Lady of the Lake Our Mother of Sorrows Catholic School Our Savior's Lutheran School Our Saviour Lutheran School Outer Limits School Page Christian School Palm Valley Montessori Palms Christian School Palo Verde Christian School Paradise for Tots Christian Kindergarten Paradise Mountain Christian Academy Scholarships from Individual Donations $159,033 $33,118 $2,961,443 $151,325 $5,907 $1,307,126 $25,739 $411,595 $134,705 $19,028,658 $6,151,036 $2,908 $900 Scholarships from Switcher Donations $11,884 $0 $173,369 $26,943 $0 $179,482 $10,935 $40,204 $769,228 $667,185 $703,301 $1,533 $0 Scholarships from Low-Income Corporate Donations $0 $7,500 $897,373 $0 $0 $79,107 $29,500 $58,181 $94,395 $967,655 $1,138,609 $0 $0 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $0 $0 $0 $0 $0 $1,000 $0 $110,176 $750 $0 $0 $1,380 $196,576 $1,425 $157,428 $281,754 $4,569,868 $3,675,356 $5,137,861 $331,170 $195,146 $2,579,515 $95,069 $305,596 $781 $93,126 $121,013 $213,023 $363,368 $68,970 $139,332 $0 $103,887 $0 $18,430 $0 $286,436 $199,509 $309,088 $2,533 $22,432 $119,835 $10,766 $6,737 $0 $9,064 $35,289 $16,736 $0 $6,167 $0 $14,382 $33,500 $0 $19,197 $14,273 $462,906 $1,418,203 $282,289 $238,161 $9,352 $1,095,207 $2,550 $4,985 $0 $17,697 $0 $18,775 $3,640 $2,500 $0 $0 $205,664 $0 $0 $0 $950 $12,595 $1,914 $0 $0 $18,431 $0 $0 $0 $0 $0 $2,250 $0 $0 $0 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 90 Private School Paradise Valley Christian Preparatory Pardes Jewish Day School Parker Apostolic Christian School Parkside Christian Learning Center Parkway Children's School of Excellence Patagonia Montessori Pathways School Pax Academy Payson Community Christian School Peace Lutheran Church School Pentecostal of Phoenix Christian Academy Peridot Lutheran Elementary Phillips Christian School Phoenix Christian Academy Phoenix Christian Preparatory Schools Phoenix Christian School K-8 Phoenix Country Day School Phoenix Hebrew Academy Phoenix Preparatory High School for Boys Phoenix Preparatory High School for Girls Phoenix Rising Free School Phoenix, Special Programs and Academies Pieceful Solutions Pilgrim Lutheran School Pleasantview Christian Elementary Potter's House Precious Lamb Christian School Prescott Adventist Christian School Primavera School Primrose School at Palm Valley Primrose School of Fletcher Heights Providence Classical School Quality Interactive Montessori Scholarships from Individual Donations $6,283,538 $5,603,508 $15,551 $3,324 $47,562 $67,069 $27,432 $14,830 $1,293,333 $63,095 $21,399 $95,253 $26,921 $70,257 $8,440,795 $1,655,413 $3,790,901 $7,303,565 $70,900 $88,850 $8,079 $4,669 $54,827 $680,326 $35,263 $13,826 $89,613 $212,841 $1,104,956 $27,973 $4,770 $641,359 $143,911 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $457,816 $452,461 $0 $1,296 $4,821 $0 $6,984 $0 $91,298 $0 $0 $0 $0 $0 $342,119 $172,843 $661,549 $612,150 $0 $0 $0 $0 $8,760 $41,721 $948 $0 $0 $7,411 $116,458 $0 $0 $0 $69,307 Scholarships from Low-Income Corporate Donations $393,613 $149,025 $8,326 $0 $0 $0 $0 $7,000 $230,756 $0 $0 $11,814 $0 $121,935 $2,308,935 $97,817 $3,130,778 $200,654 $0 $0 $0 $0 $0 $10 $69,705 $0 $8,925 $0 $42,310 $0 $0 $4,534 $14,860 Scholarships from Disabled/Displaced Corporate Donations $17,957 $6,000 $0 $0 $0 $0 $3,525 $0 $0 $0 $0 $0 $0 $0 $88,326 $12,461 $0 $500 $0 $0 $0 $0 $263,097 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Page 91 Private School Queen of Peace Catholic School Rainbow Academy Rainbow Montessori Rancho Solano Schools Red Mountain Montessori Academy Red Rock Christian School Red Sands Christian School Redeemer Christian Academy Redeemer Christian School Redeemer Lutheran School Resurrection Lutheran Child Development Center Rise & Shine Exceptional Services Risen Savior Lutheran School Rising Sun Montessori River of Life Christian School Rose Garden School Running River School S A R R C Community School Sacred Heart Catholic School Sacred Heart School Safford Adventist Christian School Safford Christian Academy Saguaro Hills Adventist Christian School Saguaro Hills Christian School Sahuarita Christian Academy Salpointe Catholic High School San Francisco de Asis Catholic School San Miguel High School San Tan Christian Academy San Xavier Mission School Santa Cruz Catholic School Satori Scottsdale Christian Academy Scholarships from Individual Donations $1,901,831 $191,766 $17,051 $3,237,859 $31,296 $83,621 $6,837 $84,922 $1,417,739 $2,144,443 $750,029 $11,640 $1,680,279 $1,615 $435,672 $540 $3,560 $217,278 $629,094 $4,834,346 $61,008 $238,031 $365,623 $325,468 $313,479 $14,586,896 $2,018,070 $2,303,869 $49,958 $3,269,316 $2,022,751 $870,478 $13,427,389 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $111,181 $0 $0 $224,463 $8,535 $0 $2,354 $0 $69,761 $171,904 $35,381 $4,060 $82,048 $0 $7,200 $0 $0 $35,570 $78,223 $280,030 $0 $1,243 $7,875 $0 $0 $1,134,120 $231,665 $329,375 $0 $196,029 $116,687 $42,266 $1,308,118 Scholarships from Low-Income Corporate Donations $412,072 $0 $0 $17,590 $0 $0 $80,765 $17,058 $27,013 $56,656 $6,772 $500 $3,650 $0 $202,155 $0 $0 $0 $419,055 $366,720 $0 $0 $22,770 $10,625 $384,878 $4,136,649 $340,042 $5,156,555 $9,400 $519,018 $2,149,692 $6,831 $1,599,691 Scholarships from Disabled/Displaced Corporate Donations $1,883 $0 $0 $0 $0 $0 $0 $0 $2,998 $4,500 $0 $2,500 $0 $0 $5,400 $0 $0 $12,060 $0 $0 $0 $0 $3,458 $0 $0 $44,456 $0 $2,100 $0 $8,819 $87,792 $5 $100 Page 92 Private School Scottsdale Country Day School Scottsdale United Methodist Co-Op Sedona Christian School Sedona Montessori Seton Catholic High School Shalom Montessori School Shearim Torah High School Sheila's Christian Academy "Minds in Motion" Shepherd of the Desert Lutheran School Shepherd's Christian Academy Sherwood Village Shiloh Christian School Show Low Adventist Christian School Sierra Academy of Scottsdale Skyway Christian School Son Life Christian School Sonoran International School SonRise Christian School Sonshine Christian School Southwest Christian School Southwest Indian School Southwestern Christian School Spectrum Private School Spirit of Hope Montessori Ss. Peter and Paul Catholic School Ss. Simon and Jude School St. Agnes Catholic School St. Alban's Pre-School & Kindergarten St. Ambrose School St. Andrew's Kindergarten St. Anne's Little Flower Montessori St. Anthony Catholic School St. Anthony of Padua Catholic School Scholarships from Individual Donations $44,572 $16,876 $86,615 $4,378 $8,981,263 $363,452 $735,693 $56,529 $1,981,472 $6,388 $25,802 $359,760 $4,699 $56,384 $11,680 $2,205 $11,781 $79,037 $58,792 $307,989 $230 $2,263,106 $11,768 $159,897 $3,119,995 $5,659,676 $3,292,100 $32,968 $2,282,828 $662,574 $769,870 $1,453,647 $1,777,493 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $2,115 $1,960 $0 $0 $568,150 $26,294 $97,590 $8,595 $335,819 $0 $0 $0 $0 $7,428 $0 $0 $0 $0 $2,792 $0 $0 $135,359 $0 $7,354 $188,433 $347,512 $162,039 $0 $118,976 $59,775 $0 $207,705 $152,709 Scholarships from Low-Income Corporate Donations $9,600 $1,725 $0 $0 $658,149 $104,461 $69,031 $0 $17,146 $0 $0 $2,821 $0 $0 $0 $0 $0 $0 $2,000 $54,899 $0 $207,998 $0 $0 $678,119 $1,460,873 $1,212,186 $3,550 $2,335,444 $19,724 $33,010 $490,048 $703,520 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $0 $0 $7,599 $0 $0 $0 $0 $0 $0 $0 $0 $5 $0 $0 $0 $0 $0 $0 $0 $8,073 $0 $0 $8,143 $33,411 $0 $0 $31,145 $363 $0 $0 $0 Page 93 Private School St. Augustine Catholic High School St. Catherine of Sienna Catholic School St. Charles Apache School St. Cyril Catholic School St. Daniel the Prophet School St. Dominic Savio Academy St. Elizabeth Ann Seton Catholic School St. Francis Kindergarten St. Francis of Assisi School St. Francis Xavier Elementary School St. Gregory Catholic School The Gregory School/St. Gregory College Preparatory St. James Preschool & Kindergarten St. Jerome K-8 School St. Joan of Arc Kindergarten St. John Bosco Catholic School St. John the Evangelist School St. John Vianney Catholic School St. Joseph Catholic School St. Joseph's Catholic Montessori School St. Louis the King Catholic School St. Luke's Lutheran School St. Luke's School St. Maria Goretti School St. Mark's Early Childhood Center St. Mark's Preschool & Kindergarten St. Mary Basha Catholic Elementary School St. Mary's Catholic High School St. Mary's High School St. Matthew School St. Maximilian Mary Kolbe School St. Michael Indian School St. Michael's Parish Day School Scholarships from Individual Donations $2,271,338 $3,287,006 $3,065,491 $3,435,360 $1,617,520 $156,394 $3,309,976 $2,740 $1,380,287 $4,922,583 $3,925,181 $5,457,091 $52,997 $2,466,164 $168,407 $4,406,517 $2,664,252 $4,338,072 $2,024,215 $1,751,612 $3,309,997 $9,951 $192,955 $883,579 $164,932 $294,201 $6,487,407 $1,208,808 $14,080,491 $4,044,905 $587,634 $2,594,774 $4,323,699 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $175,028 $148,841 $250,235 $259,517 $0 $16,183 $207,713 $0 $114,821 $389,753 $212,488 $629,508 $0 $164,018 $0 $325,328 $113,971 $160,990 $92,650 $216,171 $159,480 $0 $0 $66,059 $23,235 $15,671 $433,243 $0 $1,169,968 $292,570 $10,206 $188,009 $387,424 Scholarships from Low-Income Corporate Donations $1,935,724 $1,147,888 $354,987 $613,412 $84,044 $0 $667,518 $0 $659,951 $1,175,167 $1,227,441 $1,785,579 $0 $1,082,024 $0 $406,346 $2,542,650 $1,044,459 $819,423 $596,136 $1,782,893 $0 $0 $34,641 $10,668 $39,623 $431,097 $2,008,963 $6,564,301 $1,224,592 $44,688 $364,467 $407,849 Scholarships from Disabled/Displaced Corporate Donations $25,292 $7,779 $0 $2,770 $0 $85,030 $15,091 $0 $500 $5,851 $3,524 $20,748 $0 $0 $0 $1,883 $33,327 $39,232 $14,250 $7,500 $3,520 $0 $0 $0 $500 $0 $0 $0 $10,506 $0 $0 $0 $9,529 Page 94 Private School St. Odilia St. Paul Lutheran School St. Paul's Preparatory Academy St. Peter Mission School St. Peter's Montessori St. John XXIII Catholic School St. Theresa Elementary School St. Thomas Aquinas School St. Thomas Lutheran School St. Thomas the Apostle Catholic Pre-School & Kindergarten St. Thomas the Apostle Catholic School St. Timothy Catholic Academy (Alma School) St. Timothy Catholic School St. Vincent de Paul School Stone Creek Christian Kindergarten Summit School of Ahwatukee Sun and Shield Christian Academy Sun Valley Indian School Sun Valley Learning Center Sunrise Montessori School Suriya Montesori Surrey Garden Christian School Sylvan Learning Center Tanque Verde Lutheran Preschool/Kindergarten Tatum Ranchette Montessori Tempe Adventist Christian School Tempe Christian School Tempe Montessori Tesseract School The Angel's Academy The Beginning School The Caepe School The Family School Scholarships from Individual Donations $187,405 $39,087 $1,197,014 $2,663,550 $287,826 $4,011,796 $4,148,457 $3,794,757 $101,149 Scholarships from Switcher Donations $0 $0 $0 $137,002 $56,282 $264,850 $310,202 $317,206 $0 Scholarships from Low-Income Corporate Donations $0 $0 $0 $640,911 $8,015 $151,406 $234,684 $181,902 $0 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $0 $0 $0 $1,240 $5 $0 $0 $41,014 $4,416,570 $2,885,701 $301,763 $3,941,222 $1,598 $2,607,471 $364,324 $137,954 $596,505 $404,510 $563 $3,718,332 $1,440 $488,172 $22,135 $154,464 $197,715 $558,775 $1,960,808 $4,357 $121,001 $195,541 $1,293,249 $1,896 $280,583 $101,398 $161,152 $146,235 $0 $342,674 $1,174 $3,257 $22,154 $26,450 $0 $0 $0 $21,926 $0 $0 $0 $27,706 $235,711 $0 $5,664 $36,485 $153,841 $22,092 $208,983 $183,689 $8,450 $1,232,062 $0 $13,162 $39,833 $95,260 $59,477 $1,360 $0 $60,985 $0 $12,790 $0 $0 $0 $46,960 $198,650 $76 $550 $152,125 $0 $0 $1,225 $0 $0 $3,500 $0 $4,500 $2,250 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $14,928 $0 $0 $3,821 $0 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Page 95 Private School The French American School of Arizona The Goddard School The IDEA School The Jones-Gordon School The Learning Lab The Learning Pad The Orme School The Scottsdale School The Weekday School The Wiser Choice Thunderbird Adventist Academy Thunderbird Christian Elementary School Torah Day School of Phoenix Tree of Life Christian School Tri-City Christian Academy Tri-City Jewish Community Center Day School Trinity Christian School Trinity Christian School (M) Trinity Christian School (P) Trinity Classical Academy Trinity Classical and Christian Academy Trinity Kindergarten Trinity Lutheran School Trinity United Methodist Kindergarten Truthful Beginnings Tucson Baptist Academy Tucson Community School Tucson Hebrew Academy Tucson Jewish Community Center Tucson Waldorf School Turning Point School Tutor Time Preschool & Kindergarten Valley Baptist School Scholarships from Individual Donations $39,652 $20,763 $11,637 $1,890 $24,185 $46,964 $1,474,719 $0 $11,318 $3,897 $2,315,581 $720,685 $949,305 $33,423 $3,888,651 $300,794 $1,172,924 $200,948 $1,556,224 $563 $151,899 $178,602 $3,110,530 $210,717 $3,679 $120,401 $533,172 $6,090,309 $120,821 $1,040,193 $382,031 $3,500 $37,706 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $9,115 $9,721 $2,274 $0 $3,362 $11,177 $109,957 $950 $0 $0 $78,368 $21,509 $787,675 $0 $251,959 $0 $0 $22,284 $251,882 $0 $0 $3,840 $225,108 $17,887 $0 $26,556 $13,941 $579,349 $0 $120,298 $0 $0 $3,209 Scholarships from Low-Income Corporate Donations $0 $0 $0 $0 $2,200 $13,305 $10 $0 $0 $3,365 $13,757 $2,750 $756,313 $0 $275,889 $0 $114,068 $87,072 $328,328 $0 $0 $0 $55,836 $56,475 $0 $40,500 $63,851 $864,589 $53,073 $603,124 $10,100 $3,500 $0 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $0 $20,072 $2,600 $2,221 $4,184 $0 $0 $0 $0 $2,000 $11,944 $0 $10,555 $0 $0 $0 $1,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $27,260 $0 $0 $0 Page 96 Private School Valley Cathedral Christian School Valley Child Care & Learning Center Valley Christian High School Valley Classical Christian Academy Valley Lutheran High School Valley of the Sun Jewish Community Center School Verde Valley Adventist School Verde Valley Christian School Verde Valley School Veritas Academy of Tucson Veritas Christian Community School Victorious Preschool & Kindergarten Village Christian School Ville de Marie Academy Vision Christian Academy Wellspring Education Center West Side Private School West Valley Adventist School West Valley Christian School Western Hills Baptist School Westminster Academy White Mountain Christian School White Mountain Montessori School Wickenburg Christian Academy Wings on Words Woodbridge Private School Word International Christian School Word of Grace School for Young Children Word of Life Christian School Xavier College Preparatory Yeshiva High School Yeshiva High School of Arizona Young Disciples Christian Academy Scholarships from Individual Donations $334,046 $6,638 $12,542,232 $1,006,816 $3,506,697 $106,600 $154,468 $1,795,868 $585,845 $398,518 $1,792,019 $45,880 $19,911 $1,385,298 $185,131 $12,610 $16,101 $35,403 $1,089,754 $6,755 $4,984 $2,359 $141,139 $916,539 $71,980 $12,424 $15,824 $18,503 $33,813 $12,389,490 $355,834 $213,171 $10,688 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $0 $0 $806,174 $0 $276,046 $0 $0 $174,428 $8,680 $101,932 $232,089 $1,423 $4,089 $136,005 $11,314 $0 $0 $0 $116,729 $0 $0 $0 $4,000 $137,535 $12,166 $4,630 $2,090 $0 $1,926 $1,067,159 $1,025 $81,757 $2,428 Scholarships from Low-Income Corporate Donations $0 $0 $1,769,083 $17,592 $166,678 $0 $0 $270,859 $26,000 $193,311 $203,120 $6,105 $0 $73,515 $36,427 $0 $0 $0 $291,268 $0 $0 $0 $0 $349,163 $5,015 $0 $6,829 $0 $0 $2,378,920 $25,160 $32,351 $3,000 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $28,254 $0 $6,415 $0 $0 $38,770 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $27,782 $0 $0 $0 $0 $0 $20,039 $0 $0 $0 $0 $7,211 $0 $0 $0 Page 97 Private School Yuma Adventist School Yuma Catholic High School Yuma Lutheran School TOTALS Scholarships from Individual Donations $182,783 $4,262,965 $3,052,135 $603,893,436 Arizona Department of Revenue, Office of Economic Research & Analysis, July 2016 Scholarships from Switcher Donations $13,294 $278,367 $322,719 $46,909,992 Scholarships from Low-Income Corporate Donations $2,830 $3,286,360 $496,270 $116,963,959 Scholarships from Disabled/Displaced Corporate Donations $0 $0 $6,164 $7,927,023 Page 98