Arizona Education Scholarship Foundation Inc

The Arizona Education Scholarship Foundation Inc is a nonprofit organization based in Arizona, classified as a 501(c)(3) public charity. It operates as a certified School Tuition Organization (STO) that provides scholarships for K-12 tuition to families within the state, thereby promoting school choice and access to private education.

Mission and Activities

The primary mission of the Arizona Education Scholarship Foundation is to award tuition scholarships to eligible students who wish to attend private K-12 schools in Arizona. It supports families by offering financial aid through scholarships funded by donations. The organization actively raises awareness about the benefits of school choice and enables families to select educational institutions that best meet their children's needs.

Scholarships are made possible through donations from individuals and businesses, which are incentivized by a dollar-for-dollar state income tax credit, making contributions financially advantageous for donors. The foundation facilitates educational opportunities without imposing a net cost on donors due to these tax benefits.

Financial Overview

As of 2024, the Arizona Education Scholarship Foundation reported approximately $1.29 million in revenue, primarily from contributions which accounted for over 97% of its total income. It held total assets of about $4.45 million with negligible liabilities. Executive compensation represented a significant portion of expenses, totaling around $112,000, but there were no recorded expenses for professional fundraising fees.

Impact and Recognition

The foundation has been acknowledged by its community for the critical role it plays in supporting families' educational choices. Testimonials from beneficiaries emphasize its importance in enabling access to quality private education during financial hardships.

The organization has received a moderate rating of 2 out of 4 stars on Charity Navigator, reflecting an average assessment of its financial health and accountability.

Summary

The Arizona Education Scholarship Foundation Inc continues to play a significant role in supporting educational choice in Arizona by providing financial assistance to families seeking private school options for their children.

This article is based on publicly available information up to 2025 and reflects the foundation’s mission, financial status, and community impact.