Nearly $650,000 in scholarship donations were secured for the 2022-2023 school year through Tidewater Jewish Foundation, an approved scholarship foundation under the Virginia Education Improvement Scholarship Tax Credits program. These funds have supported families seeking Jewish education in Tidewater, ensuring nearly 100 local children receive a top-notch education rooted in Jewish values.
Donors’ generosity makes it possible to continue to provide these scholarship resources to qualifying students (lower and middle-income families) at local Jewish day schools.
A Jewish education provides a strong academic foundation and instills a deep sense of identity, values, and connection to Jewish heritage. TJF is committed to the value of Jewish education and to ensuring area schools receive scholarship funding.
The need for scholarships and Jewish education funding remains for the next school year. Every contribution – no matter how big or small – can significantly impact students’ lives. Scholarships are funded with specific donations to TJF and require pre-authorization by the Virginia Department of Education (VDOE). Donations through this specific program qualify for a 65% credit against an individual’s or business’s Virginia income tax. In fact, a $10,000 gift can help support local Jewish education and may only have a net after-tax cost of less than 25 cents on the dollar. Potential donors are encouraged to consult their professional tax advisors.
Opportunities are still available for the academic and fiscal year 2023-2024, through June 30, 2024. To qualify for the tax credits on 2023 or 2024 taxes, contact Naomi Sedek, TJF president and CEO at nsedek@ujft.org.