Opportunity Scholarship Fund
Earn tax credits while supporting scholarships at Crossings Christian School!
Any individual, family or business entity paying taxes in Oklahoma is eligible to contribute to the Opportunity Scholarship Fund and receive generous state tax credits plus federal income tax deductions – while contributing vital funds to scholarships for students at Crossings Christian School!
In 2011, the Oklahoma legislature authorized generous tax credits for donors to Scholarship Granting Organizations (SGOs), like the Opportunity Scholarship Fund (OSF). Individuals, families and businesses may contribute annually and receive state tax credits of $1,000 (single taxpayers), $2,000 (married filing jointly taxpayers) and $100,000 (business entities) respectively to the private school of their choosing. Donors are eligible for Oklahoma tax credits up to 75% of the donation amount!
Your gifts can directly support scholarships at Crossings Christian School while earning valuable tax credits and potential deductions. Estimate YOUR tax advantages by using the OSF tax benefit calculator.
Your support through the OSF allows you to receive both a federal tax deduction as well as an Oklahoma tax credit for up to 75% of your donation amount. Deductions may vary based upon your tax bracket.
It is recommended that you discuss your potential gift with your tax adviser to understand and utilize your full tax savings. Your deduction and credits will be a part of your yearly tax returns.
When giving your gift, simply indicate that you support Crossings Christian School and CCS will receive over 90% of your gift to support scholarships to CCS students only.
No, scholarships are awarded using the CCS tuition assistance process. Assistance is granted to those who qualify for support and all applicants remain confidential.
No. OSF is designed to redirect your tax dollars with little to no out-of-pocket costs allowing friends and families to continue supporting CCS through our capital campaign, Knightwalk, Annual Golf Tournament and Annual Fund. These activities allow us to maintain our annual budget and support CCS in ways that the OSF funds cannot.
Yes! In addition to checks, the OSF accepts transfer of appreciated stocks and other marketable securities to an OSF brokerage account for conversion to cash. Please see the transfer instructions from OSF for more information.