With the change in donation deadlines, the application process (for scholarship aid for the 2011-2012 school year) has yet to begin, said Linda Zell, executive director of the JTO.
In previous years, donations had to be made by Dec. 31 of the taxable year in order for them to be eligible for credit toward that year's income tax.
The revised law reads "a contribution, for which a credit is claimed, that is made on or before the fifteenth day of the fourth month following the close of the taxable year may be applied to either the current or preceding taxable year and is considered to have been made on the last day of that taxable year."
, this means more time to at least match the $1.6 million the JTO
collected in its 2009 campaign to fund scholarships for the 2010-2011 school year.
"As of now, we have $1.5 million and change" to fund scholarships for the 2011-2012 school year, Zell
told Jewish News last week.
In addition to its marketing campaign to encourage end-of-year contributions in the last quarter of 2010, the JTO
has sent out e-mail blasts and direct postal mailings and taken out advertising "telling people that the deadline isn't up," Zell
"What we've been trying to get across to people is that if you owe any money to the State of Arizona, write your check to the JTO
added, because the money donated - up to $500 per individual or $1,000 per married couple, filing jointly - reduces the tax liability by the corresponding amount.
"Receipts are going out within 24 hours of us receiving donations," she
said, adding that she
will send them in whatever form requested by the donor.
Getting them out quickly, she
said, was a concern because this is the season when people are meeting with their tax preparers.