Scholarship Fund
Diversity in background and in socio-economic position is very important at IST, and one of the main ways we have of achieving this is through Scholarship Assistance. Single contributions of any amount, a full single Scholarship of $5000 or an endowed Scholarship of $50,000 would be very gratefully received!! IST is a 501-c-3 “not-for-profit” so donations made directly to IST are tax-deductible.
In 2013/2014, IST awarded about $120,000 in financial aid to students
Please scroll to the bottom of this page for important resources and updates.
There are two ways of supporting Scholarships at IST.
How to Provide Support
There are three ways of providing Scholarship support which qualify for an Arizona tax credit :
Lump Sum – At any time during the year, you may provide your support as a lump sum. When you file your state tax return, your support will count against your liability even if you have already pre-paid your taxes such as through payroll deductions. If you do not owe any more, (for example, because you have paid your taxes in full through payroll deductions), you will then receive a refund.
Regular (or monthly) Scholarship support -You may provide support manually, by automatic debits to your credit card or by automatic ACH withdrawals from your cheque account.
Payroll Withholding – Instead of waiting until December to provide qualifying Scholarship support, Arizona taxpayers may do so right out of their pay-cheques. Simply reduce your Arizona withholding and provide your support through your payroll processing of that amount.
Please contact us to discuss larger gift possibilities. We are especially interested in providing students with endowed Scholarships, that is a Scholarship which will stay with the student for the full five years of Junior School. Please contact us if you can help. Thank you.
